Legal Encyclopedia. The letter M

MUNICIPAL EXTRABUDGETARY FUNDS

- Funds formed by representative bodies of local self-government on the terms and conditions established by the RF legislation. M. VF formed by:

1) voluntary contributions and donations of citizens, enterprises, institutions and organizations in the relevant objectives;

2) the amount of fines for violations of environmental legislation, sanitary norms and rules, as well as payments to compensate for damage caused in this case;

3) the amounts of fines for damage to and loss of objects of historical and cultural heritage, monuments of nature, which are the responsibility of local governments, as well as payments to compensate for damage caused in this case.

4) VF other income in accordance with legislation.

Fines and fees for violation of environmental legislation are used to conduct environmental and health measures, and fines and payments for damage to, loss of historical and cultural heritage, monuments of nature - to conduct activities for the restoration and maintenance of safety of objects of historical and cultural heritage.

Taxes and other payments to be credited to the budget, it may be taken off-budget funds.

The position of the MV F. approved by the relevant local authority

government. Both funds in special accounts that are opened by the executive authority, governing body of the extra-budgetary fund in banks and can not be withdrawn and spent in accordance with the purpose, which is determined by

approved by the Fund's regulations.

The governing body of M. VF may include representatives of government bodies and local authorities,

interested enterprises, institutions and organizations and interested individuals.