# Law No. 9721 of November 30, 1998 > Brazilian law **Wikidata**: [Q105647780](https://www.wikidata.org/wiki/Q105647780) **Source**: https://4ort.xyz/entity/law-no-9721-of-november-30-1998 ## Summary Law No. 9721 of November 30, 1998, is a Brazilian federal statute enacted by the Presidency of the Federative Republic of Brazil. It primarily concerns a special budgetary adjustment, authorizing the executive branch to open credit for the Federal Government of Brazil, specifically impacting the Social Security Budget. This law was promulgated by President Fernando Henrique Cardoso in Brasília. ## Key Facts * **Full Title:** Lei nº 9721, de 30 de novembro de 1998 * **Aliases:** Lei nº 9721, de 30 de novembro de 1998 * **Publication Date:** November 30, 1998 * **Approval Authority:** Presidency of the Federative Republic of Brazil * **Approving President:** Fernando Henrique Cardoso * **Promulgation Date:** November 30, 1998 * **Classification:** Statute * **Country of Origin/Jurisdiction:** Brazil * **Place of Publication:** Brasília * **Main Subject Areas:** Special budgetary adjustment, authorization, executive branch, credit opening, Federal Government of Brazil, Social Security Budget * **Official LexML Brazil ID:** urn:lex:br:federal:lei:1998-11-30;9721 * **Official URL:** https://www.planalto.gov.br/ccivil_03/leis/l9721.htm * **Language:** Brazilian Portuguese * **Legal Citation:** Lei nº 9721/1998 * **Wikimedia Project Focus:** WikiProject Brazilian Laws ## FAQs **What is the primary purpose of Law No. 9721 of November 30, 1998?** The law's primary purpose is to establish a special budgetary adjustment. It authorizes the executive branch of the Brazilian government to open credit for the Federal Government, with a specific focus on the Social Security Budget. **Who was responsible for approving and promulgating this law?** Law No. 9721 was approved by the Presidency of the Federative Republic of Brazil. It was specifically promulgated by President Fernando Henrique Cardoso on November 30, 1998. **What specific financial aspects does this law address?** This law addresses the authorization for the executive branch to open credit, which is a form of special budgetary adjustment. Its provisions are directed towards the financial operations of the Federal Government of Brazil, particularly concerning the Social Security Budget. **Where can the official text of Law No. 9721 be accessed?** The official text of Law No. 9721 is available online at https://www.planalto.gov.br/ccivil_03/leis/l9721.htm. It was published in Brasília and is also identified by the LexML Brazil ID urn:lex:br:federal:lei:1998-11-30;9721. **In what language is Law No. 9721 written, and what is its official legal citation?** The law is written in Brazilian Portuguese. Its official legal citation is Lei nº 9721/1998. ## Why It Matters Law No. 9721 of November 30, 1998, matters as a specific example of how the Brazilian federal government manages its finances through legislative action. By authorizing a "special budgetary adjustment" and "credit opening" for the executive branch, it demonstrates the legal mechanisms in place for the Federal Government of Brazil to allocate funds, particularly for critical areas like the Social Security Budget. This law reflects the operational framework of Brazil's federal republic, where the President, as head of government, requires legislative authorization to execute certain financial maneuvers. Its existence highlights the interplay between the executive and legislative branches in budgetary matters and underscores the formal processes required for government spending and financial adjustments within Brazil. ## Notable For * **Specific Budgetary Focus:** Directly addresses the mechanism of "special budgetary adjustment" and "credit opening" for the federal executive branch. * **Presidential Approval:** Approved and promulgated by Fernando Henrique Cardoso, then President of the Federative Republic of Brazil. * **Federal Scope:** Applies specifically to the jurisdiction of Brazil and the Federal Government, impacting the Social Security Budget. * **Official Documentation:** Possesses a unique LexML Brazil ID and is officially hosted on the Brazilian government's legislative portal. * **Knowledge Project Inclusion:** Recognized and cataloged within the WikiProject Brazilian Laws, indicating its status as a documented piece of Brazilian legislation. ## Body ### Overview and Classification Law No. 9721 of November 30, 1998, officially titled "Lei nº 9721, de 30 de novembro de 1998," is a federal statute originating from Brazil. As a statute, it is classified as a formal written document that creates law, serving as a concrete manifestation of statutory law within the Brazilian legal system. This particular law is also known by its alias, "Lei nº 9721, de 30 de novembro de 1998," and its official legal citation is Lei nº 9721/1998. ### Legislative Context and Approval This Brazilian law was approved by the Presidency of the Federative Republic of Brazil. It was specifically promulgated by Fernando Henrique Cardoso, who served as President at the time, on November 30, 1998. The law was published in Brasília, the capital of Brazil, which serves as the seat of the federal government and its legislative body, the National Congress. Brazil operates as a federal republic with a presidential system, where the President holds significant authority in the legislative process, including the promulgation of laws. ### Purpose and Main Subjects The core purpose of Law No. 9721 is centered on financial administration, specifically addressing a "special budgetary adjustment" (Credito Especial). It grants "authorization" (Autorização) to the "executive branch" (Executivo) to undertake "credit opening" (Abertura De Credito) for the "Federal Government of Brazil" (União Federal). A significant aspect of its scope is its relevance to the "Social Security Budget" (Orçamento Da Seguridade Social), indicating its direct impact on federal social welfare and security funding. The law's subjects, as identified, include authorization, the executive branch, the end-use of funds (Destinação), and the Social Security Budget. ### Jurisdiction and Language Law No. 9721 applies to the jurisdiction of Brazil, a country located in South America. The official language of the work and its name is Brazilian Portuguese, reflecting Brazil's official language and cultural heritage. ### Official Documentation and Digital Presence The law is formally identified by the LexML Brazil ID urn:lex:br:federal:lei:1998-11-30;9721, a unique identifier within the Brazilian legal information system. The complete text of the law is publicly available online via the official government portal at https://www.planalto.gov.br/ccivil_03/leis/l9721.htm. Furthermore, its inclusion on the "on focus list" of the WikiProject Brazilian Laws signifies its recognition and documentation within collaborative knowledge projects dedicated to Brazilian legislation. ## References 1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1998-11-30;9721) 2. [Source](https://legislacao.presidencia.gov.br/atos?tipo=LEI&numero=9721&ano=1998&data=30/11/1998&ato=246QTSU1EeNpWT318)