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Clifford Chance

Clifford Chance
Briefings

Briefings

Liquidity measures for the Public Administration and the financial sphere

20 July 2012

On 14 July 2012 the Official State Gazette published Royal Decree-law 21/2012, of 13 July, on liquidity measures for the Public Administration and the financial sector ("RDL 21/2012"). Creation of the Autonomous Community Liquidity Fund, without legal personality and financed by the General State Budget. Calendar. Financial and fiscal conditions of the support mechanism: use of the funds. Operation of the fund and guarantee.

 

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