# Law No. 7113 of July 6, 1983 > Brazilian law **Wikidata**: [Q105649813](https://www.wikidata.org/wiki/Q105649813) **Source**: https://4ort.xyz/entity/law-no-7113-of-july-6-1983 ## Summary Law No. 7113 of July 6, 1983, officially titled "Lei nº 7113, de 6 de julho de 1983," is a Brazilian federal statute enacted in 1983. This law primarily addresses the Re-adjustable Obligation of the National Treasury (Obrigações Reajustaveis Do Tesouro Nacional - ORTN), covering aspects such as its economic value, tax base, and readjustment administration. It was approved by the Presidency of the Federative Republic of Brazil and published in Brasília. ## Key Facts - **Official Title:** Lei nº 7113, de 6 de julho de 1983 - **Aliases:** Lei nº 7113, de 6 de julho de 1983 - **Type:** Statute - **Country of Origin/Jurisdiction:** Brazil - **Publication Date:** July 6, 1983 - **Place of Publication:** Brasília - **Approved By:** Presidency of the Federative Republic of Brazil - **President at Approval:** João Figueiredo (promulgated on 1983-07-06) - **Main Subjects:** Re-adjustable Obligation of the National Treasury (Obrigações Reajustaveis Do Tesouro Nacional - ORTN), its end (Destinação), tax base (Base De Calculo), economic value (Valor), and readjustment (Reajustamento). - **Language:** Brazilian Portuguese - **Legal Citation:** Lei nº 7113/1983 - **LexML Brazil ID:** urn:lex:br:federal:lei:1983-07-06;7113 - **Official URL:** https://www.planalto.gov.br/ccivil_03/leis/1980-1988/l7113.htm - **Wikimedia Project Focus:** WikiProject Brazilian Laws ## FAQs * **What is Law No. 7113 of July 6, 1983?** Law No. 7113 of July 6, 1983, is a federal statute from Brazil, officially known as "Lei nº 7113, de 6 de julho de 1983." It was published in Brasília and primarily focuses on the Re-adjustable Obligation of the National Treasury (ORTN). * **Who approved Law No. 7113 of July 6, 1983?** This law was approved by the Presidency of the Federative Republic of Brazil. It was promulgated by President João Figueiredo on July 6, 1983. * **What are the main subjects addressed by this law?** The law primarily addresses the Re-adjustable Obligation of the National Treasury (ORTN), covering its economic value, tax base, and the administration of its readjustment. It also includes provisions related to its end or destination. * **Where can the official text of Law No. 7113 be accessed?** The official text of Law No. 7113 of July 6, 1983, is available online at https://www.planalto.gov.br/ccivil_03/leis/1980-1988/l7113.htm. It is also identified by the LexML Brazil ID urn:lex:br:federal:lei:1983-07-06;7113. * **In what language was Law No. 7113 published?** Law No. 7113 of July 6, 1983, was published in Brazilian Portuguese, reflecting its origin and jurisdiction in Brazil. ## Why It Matters Law No. 7113 of July 6, 1983, matters as a specific example of a Brazilian federal statute, demonstrating how legal instruments are used to manage national financial mechanisms. Its focus on the Re-adjustable Obligation of the National Treasury (ORTN) highlights a period in Brazil's economic history where such instruments were crucial for financial stability and inflation control. As a formal written document, it serves as a tangible manifestation of statutory law, providing concrete evidence of legal rules that govern economic aspects within the country. Its existence as a public domain document, like other statutes in jurisdictions such as the U.S. and France, ensures public access to the legal framework that shapes financial obligations and administration. ## Notable For - **Specific Economic Focus:** Directly addresses the Re-adjustable Obligation of the National Treasury (ORTN), including its value, tax base, and readjustment. - **Brazilian Federal Statute:** An instance of a formal written law enacted by the federal government of Brazil. - **Presidential Promulgation:** Approved and promulgated by the Presidency of the Federative Republic of Brazil under President João Figueiredo. - **Public Accessibility:** The full text is available online through the official Brazilian government portal (planalto.gov.br), consistent with the public domain status of statutes in many jurisdictions. - **Indexed in Legal Databases:** Identified with a specific LexML Brazil ID (urn:lex:br:federal:lei:1983-07-06;7113) and included in the WikiProject Brazilian Laws. ## Body ### Overview and Classification Law No. 7113 of July 6, 1983, officially titled "Lei nº 7113, de 6 de julho de 1983," is a federal statute originating from Brazil. As a statute, it is a formal written document that creates law, serving as a specific legal term and concept. It functions as a concrete manifestation of statutory law, taxonomically classified as a subclass of "written work," "document," and "rule." The law is also known by its alias, "Lei nº 7113, de 6 de julho de 1983," and is legally cited as "Lei nº 7113/1983." ### Enactment and Publication This statute was published on July 6, 1983, in Brasília, the capital of Brazil. It was approved by the Presidency of the Federative Republic of Brazil, with João Figueiredo serving as president at the time of its promulgation. The law is written in Brazilian Portuguese, reflecting its national origin and application. The official text of Law No. 7113 is accessible online via the URL https://www.planalto.gov.br/ccivil_03/leis/1980-1988/l7113.htm. ### Main Subject Matter The primary focus of Law No. 7113 of July 6, 1983, revolves around the "Re-adjustable Obligation of the National Treasury," known in Portuguese as "Obrigações Reajustaveis Do Tesouro Nacional (Ortn)." The law delves into several specific aspects related to this obligation, including: * **Economic Value (Valor):** Provisions concerning the monetary worth of the ORTN. * **Tax Base (Base De Calculo):** Regulations defining how the ORTN is calculated for taxation or other financial purposes. * **Readjustment (Reajustamento):** Guidelines for the administrative process of adjusting the value of the ORTN. * **End/Destination (Destinação):** Directives regarding the ultimate purpose or application of the ORTN. ### Jurisdiction and Legal Context Law No. 7113 applies specifically to the jurisdiction of Brazil. Brazil is the largest country in South America, a federal republic with Portuguese as its official language, and declared independence from Portugal on September 7, 1822. The country's legal framework, of which this law is a part, is governed by its constitution, with the Presidency of the Federative Republic of Brazil holding the authority to approve and promulgate such statutes. The law's publication in Brasília aligns with the city's status as the capital since April 22, 1960. ### Digital Identification and Wikimedia Presence The law is formally identified within digital legal databases through its LexML Brazil ID: urn:lex:br:federal:lei:1983-07-06;7113. Furthermore, its significance within the Brazilian legal landscape is underscored by its inclusion on the "on focus list" of the WikiProject Brazilian Laws, indicating its relevance for documentation and study within the Wikimedia ecosystem. ### Statutes in General As an instance of a "statute," Law No. 7113 embodies the characteristics of such legal instruments. Statutes are formal written documents that create law, encompassing acts, executive orders, and by-laws. They are foundational legal concepts, serving as the manifestation of statutory law and are created through legislation. In many jurisdictions, including the United States and France, statutes are considered to be in the public domain, ensuring public access to legal texts. This principle aligns with the online availability of Law No. 7113. The concept of a statute is globally recognized and indexed across various knowledge bases and library systems, including Wikidata, Library of Congress, and Schema.org, where it is an equivalent class to `https://schema.org/Legislation`. ## References 1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1983-07-06;7113) 2. [Source](https://legislacao.presidencia.gov.br/atos?tipo=LEI&numero=7113&ano=1983&data=06/07/1983&ato=d7fUzZ610dBpWTa25)