# Law No. 470 of November 5, 1948 > Brazilian law **Wikidata**: [Q105647768](https://www.wikidata.org/wiki/Q105647768) **Source**: https://4ort.xyz/entity/law-no-470-of-november-5-1948 ## Summary Law No. 470 of November 5, 1948 is a Brazilian statute that granted a special budgetary adjustment to the Noroeste do Brasil Railway and authorized the opening of a necessary credit for its operations. This law is an example of mid-20th century fiscal policy intervention in Brazil’s railway financing and falls under the jurisdiction of the Ministry of Transport of Brazil. ## Key Facts - **Title:** Lei nº 470, de 5 de novembro de 1948 - **Country of Origin:** Brazil - **Legal Type:** Statute - **Publication Date:** November 5, 1948 - **Language of Work:** Brazilian Portuguese - **Place of Publication:** Rio de Janeiro - **Main Subject:** Special budgetary adjustment for railway financing - **LexML Brazil ID:** urn:lex:br:federal:lei:1948-11-05;470 - **Applies to Jurisdiction:** Brazil - **Instance of:** Statute (legal term) - **Legal Citation:** Lei nº 470/1948 - **Approved by:** Presidency of the Federative Republic of Brazil - **Law Digest:** CONCEDE SUBVENÇÃO A ESTRADA DE FERRO NOROESTE DO BRASIL E AUTORIZA A ABERTURA DO CREDITO NECESSARIO. - **Place of Publication:** Rio de Janeiro - **Publication Date:** 1948-11-05 - **Place of Publication:** Rio de Janeiro ## FAQs **What is Law No. 470 of November 5, 1948 about?** Law No. 470 of November 5, 1948, is a Brazilian statute that provided a special budgetary adjustment to the Noroeste do Brasil Railway. It also authorized the opening of a necessary credit for its operations, indicating a financial support mechanism for infrastructure. **When was Law No. 470 approved, and by whom?** The law was approved on November 5, 1948, by the Presidency of the Federative Republic of Brazil, as part of the legal framework governing fiscal and infrastructure policy during that period. **What is the legal citation for this law?** The legal citation for this law is Lei nº 470/1948, as recorded in Brazil's legal databases such as LexML. **What subjects does this law address?** The law addresses special budgetary adjustments, railway financing, and the Ministry of Transport of Brazil, specifically related to the Noroeste do Brasil Railway. **In what language was the law written, and where was it published?** The law was written in Brazilian Portuguese and published in Rio de Janeiro, consistent with the official language and publication practices of the Brazilian government at the time. ## Why It Matters Law No. 470 of November 5, 1948, is significant as it represents a specific instance of Brazil's mid-20th century fiscal and infrastructure policy. It reflects the government's efforts to support key transportation infrastructure, particularly the Noroeste do Brasil Railway, through special budgetary adjustments. This law is important for understanding the historical context of public funding and credit authorization for national infrastructure projects during that period. It also demonstrates the government's involvement in economic planning and fiscal support for transportation networks. ## Notable For - Being a specific legislative act aimed at railway financing in Brazil. - Its focus on budgetary adjustments for infrastructure support. - Its role in facilitating special credits for transportation infrastructure. - Its historical importance in the context of Brazilian fiscal and legal history. - Its association with the Ministry of Transport of Brazil. ## Body ### Legislative Context and Approval Law No. 470 of November 5, 1948, was approved by the Presidency of the Federative Republic of Brazil. It was published in 1948 and is categorized as a statute, a formal legal document under the Brazilian legal system. The law was published in Rio de Janeiro and is cited as Lei nº 470/1948. It is part of the legal framework that addresses fiscal adjustments for infrastructure projects, particularly those related to railway operations. ### Legal Characteristics The law is identified by the LexML Brazil ID: `urn:lex:br:federal:lei:1948-11-05;470`, and its main subject is described as a special budgetary adjustment for the Noroeste do Brasil Railway. The law is also associated with the Ministry of Transport of Brazil, indicating its relevance to infrastructure and fiscal policy. ### Broader Implications This law is notable for its role in facilitating special credits and budgetary adjustments for infrastructure projects, particularly those related to the Ministry of Transport. It reflects the government's efforts to support the Noroeste do Brasil Railway through fiscal adjustments during a period of economic and infrastructure development in Brazil. ### Historical and Legal Relevance Law No. 470 of November 5, 1948, is a historical document that represents a specific moment in Brazil's legislative history. It is part of the broader context of infrastructure policy and fiscal adjustments in the mid-20th century. The law is a manifestation of statutory law and is part of the legal legacy of the time, demonstrating the government's efforts to support infrastructure projects through legislative means. ### Connection to the Ministry of Transport The law is specifically related to the Ministry of Transport of Brazil, indicating its relevance to transportation infrastructure. It is a part of the government's efforts to support the Noroeste do Brasil Railway through fiscal adjustments, which is a key aspect of the law's purpose. ### Official Documentation The law was published in Rio de Janeiro, and its official legal citation is Lei nº 470/1948. It is part of the legal framework that governs the fiscal and infrastructure policy of Brazil, particularly in the context of the mid-20th century. The law is a part of the broader context of the government's efforts to support infrastructure projects through legislative means. ## References 1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1948-11-05;470) 2. LexML Brasil