REGULATIONS on the Fiscal Authority of the Autonomous Soviet Socialist Republic and Oblasts of the Trans-Caucasus SFSR

I. On the territories of each of the autonomous socialist republics of Abkhazia, Adjara and Nakhichevan, and of the autonomous oblasts of South Ossetia and Nagorny Karabakh the budget of the republic or oblast is formed and applied, as well as the budgets of the administrative-territorial entities included within these republics and oblasts.

II. The volume of the budget of the autonomous soviet socialist republics and oblasts shall be in accord with the rules of this Regulation, and the budgets of the administrative- territorial entities that are included within these republics and oblasts shall be in accord with the Regulations on Local Fiscal Affairs and other relevant legal acts issued by the USSR, Trans-Caucasus SFSR and the republics included within the Trans-Caucasus SFSR.

III. The part of revenue of the budgets of the autonomous republics of Abkhazia, Adjara and Nakhichevan, as well as of autonomous oblasts of South Ossetia and Nagorny Karabakh shall include:

a) the payments given below from the socialized enterprises and properties located on their territories and having the republican or oblast importance:

1. 100% deduction from the profit, planed by the UCPE (Union Council of Public Economy), of industrial entities.

2. 100% deduction from the profit of industrial entities subordinate to other institutions.

3.  100% deduction from the profit of agriculture enterprises.

4. 100% deduction from the rental payments for usage of the state land property.

5. 50% deduction from the rental payment for usage of fishing and hunting spaces.

6. 100% deduction from the profit of trade organizations.

7. 100% deduction from the profit of shipping companies.

8. 100% dividend accumulated on the shares of budgetary organizations and agencies.

9. 100% of income from selling of the useless and futile property, organizations and agencies subject to state financing.

10. 100% of income from fines and penalties imposed by the budgetary organs of the republics and oblasts.

11. 100% of income on estimates of the organizations and agencies of the autonomous republics and oblasts.

12. The receipts tax determined under the regulations.

b) the payments given below from the non-socialized enterprises and properties located on their territories:

1. 100% accrual from the rent for usage of lands owned by republics and oblasts.

2. 100% accrual from leasing concession of the republics and oblasts.

3. 100% accrual from confiscated and escheat property, as well as from the property in abeyance.

4. 100% of income from fines and penalties imposed by the budgetary organs of the republics and oblasts.

c) In addition to the payments from socialized and non-socialized properties, the budgets of the republics and oblasts shall include:

1. Income from the credits provided by the autonomous republics or oblasts.

2. Incomes from the loan recovery included in the budgets of the republics and oblasts.

3. Special subsidy from the state assets.

4. Accrual to the republican and oblast funds of regulation.

5. The following shall be included in the expenditure part of the republican and oblast budgets:

VI. Expenditures of the budgets of the republics and oblasts:

1. Expenditure for elections of the congresses of the autonomous republics and oblasts, as well as for maintaining the relevant central executive committee or oblast executive committee and the organs and agencies dealing with:

a) administrative affairs (except of OGPU)

b) agriculture affairs

c) health-care

d) social protection

e) Institutions of judiciary, investigation, Public prosecution  and education, pursuant to the current legislation, except the institutions specified in this Article as the budgetary institutions of the administrative-territorial entities of the autonomous republics and oblasts operating on the basis of the Local Fiscal Regulations.

2. Expenditure for financing of public economy having the republican of oblast importance, namely for financing of industry, agriculture, trade, construction, housing and communal services,  roads, resorts, as well as the other expenditures for financing the economic enterprises and measures aimed at developing the republics and oblasts.

3. Expenditure for clearing off the loan interest.

4. Aid to the administrative-territorial entities assigned from the funds of regulation of the republics and oblasts.

V. The Central Executive Committee of the respective autonomous republic or oblast shall regulate the budget of the administrative-territorial entity through its republican or oblast budget including the part of expenditure in the form of funds of regulation.

VI. The Funds of Regulation, included in the budgets of the republics or oblasts shall be distributed between the administrative-territorial entities, central executive committees and the oblast committees of the autonomous republics and oblasts in accordance of Regulations on Local Finances.

VII. The budgets of the autonomous soviet socialist republics and the autonomous soviet socialist oblasts, as well as the budgets of the administrative-territorial entities included within these republics and oblasts, shall be approved before the new fiscal year upon the Act issued by the Central Executive committee of the Soviet Socialist Republics an oblasts in compliance with the rules established by the legislation of the republics included within the Trans-Caucasus SFSR.

VIII. The procedures for drafting and implementing the budgets of the autonomous soviet socialist republics and oblasts, as well as for reporting and accountancy shall be determined by the legislation of the republics included within the Trans-Caucasus SFSR on the basis of the Regulations on Local Finances”

Acting Secretary of the Trans-Caucasus CEC (signed)

12 September 1931

(Central State Historical Archive of the Nearest Future of Georgia, f. 607, desc. 1, file 2860, p. 30-31; Collection of legal acts and Orders of the workers and peasants Government of the Trans-Caucasus SFSR, N 17, 1931, p. 459-461)