Budgetary emergencies |
Budgetary emergencies |
Article 109a [Budgetary emergencies] |
| (1) To avoid a budgetary emergency, a federal law requiring the consent of the Bundesrat shall provide for:
1. the continuing supervision of budgetary management of the Federation and the Länder by a joint body (Stability Council),
2. the conditions and procedures for ascertaining the threat of a budgetary emergency,
3. the principles for the establishment and administration of programs for taking care of budgetary emergencies.
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| (2) From the year 2020, oversight of compliance with the provisions of paragraph (3) of Article 109 by the Federation and the Länder shall be entrusted to the Stability Council. This oversight shall be focused on the provisions and procedures regarding adherence to budgetary discipline from legal acts based on the Treaty on the Functioning of the European Union. |
| (3) The decisions of the Stability Council and the accompanying documents shall be published.
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Basic Law of Germany |
| Preamble |
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| Bundesrat |
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| Transitional and Concluding Provisions |