# Law No. 4122 of August 27, 1962

> Brazilian law

**Wikidata**: [Q105648296](https://www.wikidata.org/wiki/Q105648296)  
**Source**: https://4ort.xyz/entity/law-no-4122-of-august-27-1962

## Summary
Law No. 4122 of August 27, 1962 is a Brazilian federal statute that regulates special budgetary adjustments, nominations, time limits, and administrative procedures within the Federal Government of Brazil. It was enacted during the presidency of João Goulart and addresses key aspects of public administration, including financial authorizations, tax exemptions, and capital structure. The law is written in Brazilian Portuguese and remains part of Brazil's legal framework.

## Key Facts
- **Title:** Lei nº 4122, de 27 de agosto de 1962
- **Country of Origin:** Brazil
- **Date of Publication:** August 27, 1962
- **Place of Publication:** Brasília
- **Approved By:** Presidency of the Federative Republic of Brazil (João Goulart)
- **Instance Of:** Statute
- **Applies To Jurisdiction:** Brazil
- **Language of Work or Name:** Brazilian Portuguese
- **Legal Citation:** Lei nº 4122/1962
- **LexML Brazil ID:** urn:lex:br:federal:lei:1962-08-27;4122
- **Published Text URL:** [https://www.planalto.gov.br/ccivil_03/leis/1950-1969/l4122.htm](https://www.planalto.gov.br/ccivil_03/leis/1950-1969/l4122.htm)
- **Main Subjects:**
  - Nomination
  - Time limit
  - Management
  - Activity
  - Special budgetary adjustment
  - Federal Government of Brazil
  - Import tax
  - Authorization
  - Ministry of Finance of Brazil
  - Share capital
  - President
  - Warranty
  - Creation
  - President of Brazil
  - Appointment
  - Tax exemption
- **Wikimedia Focus List:** WikiProject Brazilian Laws

## FAQs

**What is Law No. 4122 of August 27, 1962 about?**  
Law No. 4122 of 1962 is a Brazilian statute that governs various aspects of public administration, including budgetary adjustments, financial authorizations, and executive appointments. It establishes procedures for managing government resources, particularly in relation to capital structure and import taxation.

**Who approved Law No. 4122?**  
The law was approved by the Presidency of the Federative Republic of Brazil under President João Goulart on August 27, 1962. It was promulgated as part of the federal legislative process.

**Where can I read the full text of the law?**  
The official text of Law No. 4122 is available at [https://www.planalto.gov.br/ccivil_03/leis/1950-1969/l4122.htm](https://www.planalto.gov.br/ccivil_03/leis/1950-1969/l4122.htm), published by the Brazilian government's legal database.

**What topics does this law cover?**  
The law addresses multiple administrative and fiscal matters, including special budgetary adjustments, nomination procedures, time limits for actions, management directives, import taxes, authorizations, capital structure, and tax exemptions. It also involves the Ministry of Finance and presidential appointments.

**Is this law still in effect?**  
Yes, Law No. 4122 remains part of Brazil’s legal framework and continues to regulate specific administrative and budgetary procedures within the federal government.

## Why It Matters
Law No. 4122 of August 27, 1962 plays a critical role in Brazil's administrative and fiscal governance. It provides the legal basis for handling special budgetary adjustments, which are essential for managing public funds and implementing government initiatives. The law also outlines procedures for high-level administrative decisions, such as appointments and capital structuring, ensuring transparency and accountability in federal operations. Its provisions affect how the Ministry of Finance and other executive bodies manage resources, particularly in areas involving import duties and tax exemptions. As part of the broader legal architecture of Brazil’s public administration, it supports the structured execution of governmental policies during a period of significant political and economic transformation in the early 1960s.

## Notable For
- **Broad Administrative Scope:** Regulates multiple facets of public administration, from budgeting to appointments.
- **Historical Context:** Enacted during João Goulart’s presidency, a pivotal era in Brazilian political history.
- **Fiscal Governance:** Directly impacts import taxation and financial authorizations within the federal system.
- **Legal Longevity:** Continues to be referenced in Brazil’s current legal and administrative processes.
- **Detailed Subject Coverage:** Addresses over a dozen distinct administrative and legal concepts, including capital structure, guarantees, and presidential designations.
- **Integration with Ministry of Finance Operations:** Explicitly involves the Ministry of Finance in its directives and implementation.
- **Public Domain Status:** As a Brazilian statute, it is in the public domain and accessible to citizens and institutions.

## Body

### Legislative Details and Classification
Law No. 4122 of August 27, 1962 is classified as a **statute**, a formal written document that creates law. It is part of Brazil’s federal legal system and was enacted to regulate specific administrative and fiscal procedures within the government. As a statute, it is considered a manifestation of statutory law and is categorized under legal terms and concepts.

The law was approved by the **Presidency of the Federative Republic of Brazil**, with João Goulart serving as president at the time of promulgation. It is officially titled *Lei nº 4122, de 27 de agosto de 1962* and is identified in legal databases by the LexML Brazil ID **urn:lex:br:federal:lei:1962-08-27;4122**.

### Main Subject Areas
The law addresses a wide range of topics within the Brazilian federal government’s administrative and fiscal operations, including:
- **Nomination** (*Nomeação*)
- **Time limits** (*Prazo*)
- **Management** (*Administração*)
- **Activity** (*Ações*)
- **Special budgetary adjustments** (*Credito Especial*)
- **Import tax** (*Imposto De Importação*)
- **Authorization** (*Autorização*)
- **Tax exemption** (*Isenção*)
- **Share capital** (*Capital Social*)
- **Warranty** (*Garantia*)
- **Creation** (*Criação*)
- **Appointment** (*Designação*)
- **President of Brazil** (*Presidente Da Republica*)
- **Federal Government of Brazil** (*União Federal*)
- **Ministry of Finance of Brazil** (*Ministerio Da Fazenda (Mf)*)

These subjects indicate that the law governs both procedural and structural aspects of executive operations, particularly in financial and administrative domains.

### Administrative and Fiscal Provisions
Law No. 4122 provides the legal framework for:
- Special budgetary adjustments, allowing for targeted fiscal interventions.
- Import tax regulations and exemptions, affecting trade and revenue collection.
- Capital structuring and guarantees, particularly relevant to state-owned or government-linked entities.
- Appointment and nomination procedures for executive roles, ensuring alignment with legal and administrative standards.

These provisions are particularly significant in the context of Brazil’s mid-20th-century economic planning and public administration reforms.

### Legal and Jurisdictional Context
The law applies to the **jurisdiction of Brazil** and is written in **Brazilian Portuguese**. It is part of the broader corpus of Brazilian federal legislation and is cited as **Lei nº 4122/1962** in legal documents. The law is accessible to the public through official government portals, including the **Presidência da República** website.

As a statute, it is considered part of the public domain under Brazilian legal norms, ensuring unrestricted access to its text and provisions.

### Historical and Political Context
Law No. 4122 was enacted during the presidency of **João Goulart**, a period marked by significant political and economic challenges in Brazil. The law reflects the government’s efforts to manage fiscal policy and administrative procedures amid economic instability and political tension. Its provisions were designed to enhance executive flexibility in budgeting and resource allocation, particularly in response to external economic pressures.

### Integration with Government Systems
The law is integrated into Brazil’s administrative and fiscal systems, particularly through its alignment with the **Ministry of Finance** and its directives. It supports the government’s ability to respond to fiscal needs through mechanisms such as special budget adjustments and import tax regulation. These tools are essential for managing public resources and implementing national economic policies.

### Digital Accessibility and Legal Reference
The law is cataloged and accessible through Brazil’s official legal databases, including **LexML Brasil** and the **Presidência da República** website. Its digital availability ensures that legal professionals, government officials, and citizens can reference its provisions. It is also included in the **WikiProject Brazilian Laws**, highlighting its ongoing relevance in legal and historical contexts.

### Legacy and Ongoing Relevance
Law No. 4122 remains a reference point in Brazilian administrative law, particularly in discussions of budgetary and fiscal governance. Its provisions continue to inform legal interpretations and administrative practices, particularly in the areas of import regulation and executive appointment procedures. As part of Brazil’s legal heritage, it contributes to the country’s institutional memory and governance framework.

## References

1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1962-08-27;4122)
2. [Source](https://legislacao.presidencia.gov.br/atos?tipo=LEI&numero=4122&ano=1962&data=27/08/1962&ato=062QzY61kMVRVT050)