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2.
Within four weeks after the Bundestag has adopted such a law, the Federal
Government may demand that it vote on the law a second time.
3.
If the bill has become law pursuant to Article 78, the Federal Government may
withhold its consent only within six weeks and only after having initiated the
procedure provided for in the third and fourth sentences of paragraph (1) or in
paragraph (2) of this Article. Upon the expiration of this period such consent
shall be deemed to have been given.
Article 114: [Submission and auditing of accounts]
1.
For the purpose of discharging the Federal Government, the Federal Minister of
Finance shall submit annually to the Bundestag and to the Bundesrat an account
of all revenues and expenditures as well as of assets and debts during the
preceding fiscal year.
2.
The Federal Court of Audit, whose members shall enjoy judicial independence,
shall audit the account and determine whether public finances have been
properly and efficiently administered. It shall submit an annual report directly to
the Bundestag and the Bundesrat as well as to the Federal Government. In other
respects the powers of the Federal Court of Audit shall be regulated by a federal
law.
•
Establishment of administrative courts
•
Establishment of constitutional court
•
Establishment of military courts
•
Establishment of labor courts

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Germany 1949 (rev. 2012)
Article 115: [Limits of borrowing]
•
Emergency provisions
1.
The borrowing of funds and the assumption of surety obligations, guarantees, or
other commitments that may lead to expenditures in future fiscal years shall
require authorisation by a federal law specifying or permitting computation of
the amounts involved.
•
Finance bills
2.
Revenues and expenditures shall in principle be balanced without revenue from
credits. This principle shall be satisfied when revenue obtained by the borrowing
of funds does not exceed 0.35 percent in relation to the nominal gross domestic
product. In addition, when economic developments deviate from normal
conditions, effects on the budget in periods of upswing and downswing must be
taken into account symmetrically. Deviations of actual borrowing from the
credit limits specified under the first to third sentences are to be recorded on a
control account; debits exceeding the threshold of 1.5 percent in relation to the
nominal gross domestic product are to be reduced in accordance with the
economic cycle. The regulation of details, especially the adjustment of revenue
and expenditures with regard to financial transactions and the procedure for the
calculation of the yearly limit on net borrowing, taking into account the
economic cycle on the basis of a procedure for adjusting the cycle together with
the control and balancing of deviations of actual borrowing from the credit limit,
requires a federal law. In cases of natural catastrophes or unusual emergency
situations beyond governmental control and substantially harmful to the state's
financial capacity, these credit limits may be exceeded on the basis of a decision
by a majority of the Bundestag's Members. The decision has to be combined
with an amortisation plan. Repayment of the credits borrowed under the sixth
sentence must be accomplished within an appropriate period of time.
•
Balanced budget
•
Budget bills