# Law No. 5000 of May 24, 1966

> Brazilian law

**Wikidata**: [Q105647616](https://www.wikidata.org/wiki/Q105647616)  
**Source**: https://4ort.xyz/entity/law-no-5000-of-may-24-1966

## Summary
Law No. 5000 of May 24, 1966, is a Brazilian statute that established the framework for granting the national treasury's guarantee to credit operations in foreign markets. Enacted by the Presidency of the Federative Republic of Brazil, the law was published in Brasília and is available in Brazilian Portuguese. It is a key legal document in Brazil's financial regulations, specifically addressing credit operations and foreign financing.

## Key Facts
- **Title:** Lei nº 5000, de 24 de maio de 1966
- **Country:** Brazil
- **Digest:** DISPÕE SOBRE A CONCESSÃO DO AVAL DO TESOURO NACIONAL EM OPERAÇÃO DE CREDITO NO EXTERIOR
- **Approved by:** Presidency of the Federative Republic of Brazil (Castelo Branco)
- **Publication Date:** May 24, 1966
- **Place of Publication:** Brasília
- **Language:** Brazilian Portuguese
- **Legal Citation:** Lei nº 5000/1966
- **Applies to Jurisdiction:** Brazil
- **Main Subjects:** Credit, rest of the world, funding, public treasury
- **LexML Brazil ID:** urn:lex:br:federal:lei:1966-05-24;5000
- **Work Available At:** [Official Brazilian Government Portal](https://www.planalto.gov.br/ccivil_03/leis/1950-1969/l5000.htm)
- **Wikidata Description:** Brazilian law
- **Wikimedia Project Focus:** WikiProject Brazilian Laws

## FAQs
**What is the purpose of Law No. 5000 of May 24, 1966?**
Law No. 5000 of May 24, 1966, establishes the framework for the national treasury's guarantee in credit operations conducted in foreign markets. It aims to facilitate foreign financing and credit operations by providing legal backing to such transactions.

**Who approved this law?**
The law was approved by the Presidency of the Federative Republic of Brazil, specifically by the Castelo Branco presidency, on May 24, 1966.

**Where can I find the full text of this law?**
The full text of the law is available on the official Brazilian Government Portal at [this link](https://www.planalto.gov.br/ccivil_03/leis/1950-1969/l5000.htm).

**What is the legal citation for this law?**
The legal citation for this law is Lei nº 5000/1966.

**What are the main subjects covered by this law?**
The main subjects covered by this law include credit operations, foreign markets, funding, and the public treasury.

## Why It Matters
Law No. 5000 of May 24, 1966, holds significant importance in Brazil's financial and legal landscape. It provides a structured legal framework for the national treasury's guarantee in foreign credit operations, which is crucial for Brazil's economic development and international trade. By facilitating foreign financing, the law supports Brazil's efforts to expand its economic influence and attract foreign investment. Additionally, the law ensures that credit operations in foreign markets are conducted under a legal framework that protects both the national treasury and foreign investors. This statute is a key document in Brazil's financial regulations and continues to influence economic policies and international trade relations.

## Notable For
- **Legal Framework for Foreign Credit Operations:** Provides a structured legal framework for the national treasury's guarantee in foreign credit operations.
- **Facilitates Foreign Financing:** Supports Brazil's economic development by facilitating foreign financing and credit operations.
- **Protects National and Foreign Interests:** Ensures that credit operations in foreign markets are conducted under a legal framework that protects both the national treasury and foreign investors.
- **Official Legal Document:** Available in the public domain and accessible to the public, ensuring transparency and accountability in legal matters.
- **Part of Brazilian Legal History:** A key document in Brazil's financial regulations and a significant piece of its legal history.

## Body

### Definition and Scope
Law No. 5000 of May 24, 1966, is a formal written document that creates law in Brazil. It is a statute enacted by the Presidency of the Federative Republic of Brazil and is available in Brazilian Portuguese. The law is specifically titled "DISPÕE SOBRE A CONCESSÃO DO AVAL DO TESOURO NACIONAL EM OPERAÇÃO DE CREDITO NO EXTERIOR" and is legally cited as Lei nº 5000/1966.

### Types and Composition
The law is a specific type of legal instrument known as a statute. It includes provisions related to credit operations and foreign financing. The law is composed of legal norms and is part of the broader concepts of law and legal act. Its creation was caused by the act of legislation and is preceded by draft laws.

### Copyright and Public Policy
Law No. 5000 of May 24, 1966, holds a unique status in copyright law. In Brazil, it is considered a public domain document, ensuring that the laws governing the public are freely owned by the public. This policy ensures that the laws are accessible to everyone and that they do not infringe on copyright restrictions.

### Global Identifiers and Authority Control
The law is heavily indexed across global knowledge bases and library systems. It has a LexML Brazil ID of urn:lex:br:federal:lei:1966-05-24;5000 and is described by the Wikidata entity as a Brazilian law. The law is also part of the WikiProject Brazilian Laws, which focuses on documenting and preserving Brazilian laws.

### Structured Data and Web Ontology
The law is modeled in semantic web technologies. It is an equivalent class to the Legislation class in Schema.org and has a Google Knowledge Graph ID. The law is also part of various knowledge graphs and thesauri, ensuring that it is well-documented and accessible.

### Educational and Cultural Context
Law No. 5000 of May 24, 1966, is a standard subject in educational and encyclopedic resources. It has a dedicated article in the Brazilian legal system and is part of various educational resources. The law is also cataloged in museum contexts, ensuring that it is well-documented and preserved.

### Legal Framework and Implementation
The law establishes a legal framework for the national treasury's guarantee in credit operations conducted in foreign markets. It aims to facilitate foreign financing and credit operations by providing legal backing to such transactions. The law ensures that credit operations in foreign markets are conducted under a legal framework that protects both the national treasury and foreign investors.

### Impact and Relevance
Law No. 5000 of May 24, 1966, has had a significant impact on Brazil's financial and legal landscape. It has facilitated foreign financing and credit operations, supporting Brazil's economic development and international trade. The law has also ensured that credit operations in foreign markets are conducted under a legal framework that protects both the national treasury and foreign investors. The law continues to influence economic policies and international trade relations, making it a key document in Brazil's financial regulations and legal history.

## References

1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1966-05-24;5000)
2. [Source](https://legislacao.presidencia.gov.br/atos?tipo=LEI&numero=5000&ano=1966&data=24/05/1966&ato=6e1ETTE9EMZRVTb2c)
3. LexML Brasil