The Court of Accounts, after to conciliate the information of the reports of Budgetary Execution and Fiscal Management, will make the relative calculations? the debts consolidated and movable, alerting the State will be above of 90% of the respective limits (Art.59, paragraph 1, III of the LRF). In case that the limits determined for the Federal Senate are exceeded, the State will have twelve months to reduce the balance of the debt consolidated movable and, leading back it the parameters of the law. In the first quadrimestre of the adjustment, the reduction will have to reach 25% of the excess (Art.31 of the LRF), In this meantime, the Government will not be able to carry through loan and financing, also for Anticipation of the Pblic revenue (HOOP). The enclosed judicial precatrios in the Budget, will be increased? the consolidated debt, for ends of application of the limits (Art.30, paragraph 7 ). The being of the federacy interested in legalizing its lawsuit of act of contract of Operation of Credit will have to demonstrate the relation of cost-benefit, the economic and social interest of the operation and the attendance? the following conditions: To be foreseen in the LOA, credits you add or specific law; Observance of the limits and conditions settled for the Senate; That the Operations of credit do not exceed to the sum of the capital expenditures; Observance of the too much restrictions established in the LRF.
The total of the Operations of Credit in an exercise must be in the equal maximum to the capital expenditures (Art.167, of the Federal Constitution). For the calculation of this last one, the deriving expenditures of financing of tax incentives are abstained (Art. 32, paragraph 3, I, II, of the LRF). The HOOP will more fulfill to the requirements of the acts of contract of Operations of Credits the following ones: To carry through from day ten of January and will only have been eliminated until day ten of December of the same year; She will not be authorized will have charged other incubencies that not it tax of interests of the operation; It will be forbidden while to exist operation not rescued e, in any condition, the last year of mandate.