Law No. 7/2005 of 20 December - New Family of the Metical

BOLETIM DA REPÚBLICA
OFFICIAL PUBLICATION OF THE REPUBLIC OF MOZAMBIQUE SUMMARY IMPRENSA NACIONAL DE MOÇAMBIQUE NOTICE The matter to be published in the "Boletim da República" must be submitted in a duly authenticated copy, one for each subject, which must contain, in addition to the necessary indications for this purpose, the following endorsement, signed and authenticated: For publication in the "Boletim da República."

Assembly of the Republic:
Law No. 7/2005:
Creates the Conversion Rate of the Metical in circulation to the Metical of the new family.
Council of Ministers:
Decree No. 50/2005:
Grants in 2005 to all employees of the State apparatus and institutions subordinate, linked before 1 November last, and to the Defence and Security Forces, the allowance of a salary known as the thirteenth month. Decree No. 51/2005:
Approves the realization of the first phase of the Project "Rio Doce Mozambique — Integrated Development of Moatize".
Ministry of the Interior:
Ministerial Diploma No. 236/2005:
Grants Mozambican nationality, by reacquisition, to Maria Manuela Doutel Arez da Silva Luiz.
Ministerial Diploma No. 237/2005:
Grants Mozambican nationality, by naturalization, to Nehaben Arvind Ramanlal.
Ministerial Diploma No. 238/2005:
Grants Mozambican nationality, by naturalization, to Ramu Alias Arvind Ramanlal.
Ministerial Diploma No. 239/2005:
Grants Mozambican nationality, by naturalization, to Asmuclal Baguandas.
SUPPLEMENT
Tuesday, 20 December 2005 I SERIES — Number 50

Ministerial Diploma No. 240/2005:
Grants Mozambican nationality, by naturalization, to Francisco Xavier Pó.
Ministerial Diploma No. 241/2005:
Grants Mozambican nationality, by reacquisition, to Abdul Satar Ussuman Abá Taib.
Ministerial Diploma No. 242/2005:
Grants Mozambican nationality, by reacquisition, to Jorge Demétrio José Costa Alface.
Ministerial Diploma No. 243/2005:
Grants Mozambican nationality, by reacquisition, to Jorge Humberto Beny Martins.
ASSEMBLY OF THE REPUBLIC
Law No. 7/2005 of 20 December
Taking into account the current stage of development of our economy, characterized by stability in the general price level and a growing modernization of the national payment system, it is urgent to adapt the structure of the national currency to this reality, by reducing the number of digits of the Metical currently in circulation. To achieve this objective, it is necessary to introduce an appropriate conversion rate. In these terms, under paragraph 1 of Article 179 of the Constitution, the Assembly of the Republic determines:

ARTICLE 1
(Definitions)
For the purposes of this Law, family is understood as the set of notes and coins of the Metical with common main characteristics.

ARTICLE 2
(Conversion rate)

1. The Conversion Rate of the Metical in circulation to the Metical of the new family is created.
2. The characteristics of the Metical of the new family are decided by the Governor of the Bank of Mozambique, in accordance with current legislation.
3. The Conversion Rate referred to in number 1 enters into force on 1 January 2006.

COUNCIL OF MINISTERS
Decree No. 50/2005 of 20 December
Within the framework of the salary policy in force in the Country, the Government considers it necessary to apply, in the current year, an additional form of remuneration of an extraordinary nature. Thus, under the letter g) of paragraph 1 of Article 204 of the Constitution of the Republic, the Council of Ministers decrees:
Article 1. It is granted in 2005 to all employees of the State apparatus and institutions subordinate, linked before 1 November last, and to the Defence and Security Forces, the allowance of a salary known as the thirteenth month, equivalent to the salary level in which the employee is integrated within the framework of Decree No. 64/98, of 3 December, and to the table in force.
Art. 2. In the case of employees not integrated into the Career and Remuneration System referred to in Article 1, the allowance will correspond to the base salary currently received. Art. 3. This allowance is extended to foreign technicians in service in the State sectors, paid by the State Budget, without right to salary transfer. Art. 4. The payment is also extended to Pensioners and Rentiers of the Administration of the State Real Estate Park, paid by the State Budget. Art. 5. The Minister of Finance will issue the necessary instructions for the application of this decree. Approved by the Council of Ministers, on 13 December 2005. Publish. The Prime Minister, Luísa Dias Diogo.

ARTICLE 3
(Value of the rate)
The conversion rate referred to in paragraph 1 of Article 2 of this Law is fixed at 1000 units.

ARTICLE 4
(Form of conversion)
The value of the new family of the Metical is obtained by dividing the value of the Metical in circulation by 1000 units.

ARTICLE 5
(Accounting designation)
The Governor of the Bank of Mozambique decides, by notice, the abbreviated accounting designation of the new family of the Metical, as well as the duration of this.

ARTICLE 6
(Entry into force)
This Law enters into force on 1 January 2006.
Approved by the Assembly of the Republic, on 24 November 2005. — The President of the Assembly of the Republic, Eduardo Joaquim Mulémbwè.
Promulgated on 19 December 2005.
Publish.
The President of the Republic, ARMANDO EMÍLIO GUEBUZA.

Decree No. 51/2005 of 20 December
With the objective of boosting the economic growth of the Zambezi Valley region, thus creating new development poles in the country, the Mozambican Government encourages the implementation of an integrated project, based on the rehabilitation and exploitation of the coal mines of Moatize as an anchor project. In this sense, in November 2004, an agreement in principle for the implementation of the coal exploration and research project, and a Memorandum of Understanding for the implementation of social projects, were signed between the Mozambican Government and the Brazilian company Companhia Vale do Rio Doce, which regulate the general framework that guides the implementation of the project and the fiscal and exchange regime applicable to it. In these terms, under the combined provisions of the letter f) of paragraph 1 of Article 204 and paragraph 1 of Article 210, of the Constitution of the Republic, and Law No. 3/93, of 24 June, Investment Law, the Council of Ministers decrees:

ARTICLE 1
(Approval of the project)

1. The realization of the first phase of the project "Rio Doce Mozambique — Integrated Development of Moatize", hereinafter designated as "Project", is approved.
2. The project consists of the set of activities described in Article 2 of this Decree, with subsequent phases subject to the results of feasibility studies in progress and to be concluded in the first phase.
3. The project will be implemented by the company named "Rio Doce Mozambique, Limitada", registered in Mozambique, which is associated with the Brazilian group of companies known as CVRD — Companhia Vale do Rio Doce.

ARTICLE 2
(Location and object of the project)
The project is located in the Municipality of Moatize, Tete province, and has as its object the realization of the following activities:
a) Coal exploration and research; b) Development of infrastructure associated with the activity referred to in letter a); c) Realization of studies to determine the possibilities of installation of other projects outside the mining scope, namely aluminum smelting, power plant, ferro-alloy plant, steelworks, cement factory, coke factory, charcoal factory, and bio-diesel production; d) Realization of social projects in accordance with the Memorandum of Understanding for the implementation of social projects, signed on 15 June 2005, between the Government of Mozambique and the project implementing company.

ARTICLE 3
(Special fiscal and customs regime)

1. To carry out the activities referred to in letters a), b) and c) of Article 2 of this Decree, the project implementing company, its contractors and subcontractors, are granted the following incentives:
   a) Exemption from the payment of Customs Duties due on the importation of equipment, apparatus, materials 432—(2) I SERIES — NUMBER 50