P.R. Laws tit. 21, § 5801
The following terms and phrases shall have the meaning set forth hereinbelow:
(a) Public agency.— Shall mean any public department, program, bureau, office, board, commission, company, administration, authority, institute, body, service, dependency and corporation and a subsidiary thereof and an instrumentality of the Commonwealth Government.
(b) Base year.— Shall mean any fiscal year immediately previous to the current fiscal year.
(c) Fiscal year.— Shall mean the period of twelve (12) consecutive months that begins July 1, of any calendar year and ends June 30 of the next calendar year.
(d) Government Bank.— Shall mean the Government Development Bank for Puerto Rico, created by §§ 551 et seq. of Title 7.
(e) Center.— Shall mean the public entity created to render fiscal services to the municipalities and which is called “Municipal Revenues Collection Center”.
(f) Commissioner.— Shall mean the Commissioner of the Office of Municipal Affairs, created by the Autonomous Municipalities Act of the Commonwealth of Puerto Rico of 1991, §§ 4001 of this title.
(g) Executive Director.— Shall mean the highest-ranked executive official responsible for the administrative direction and daily operation of the Center.
(h) Fund.— Shall mean the “Municipal Revenues Matching Fund”, which shall nourish from the monies transferred to the municipalities pursuant to §§ 5801–5820 of this title.
(i) General Fund.— Shall mean the general fund of the Commonwealth of Puerto Rico.
(j) Commonwealth Government.— Shall mean the Government of the Commonwealth of Puerto Rico and its public agencies, including the Legislative and Judiciary Branches, as well as their attached dependencies and offices.
(k) Board.— Shall mean the Governing Board of the Center, duly constituted in the manner provided in §§ 5801–5820 of this title.
(l) Municipality or Municipal Government.— Shall mean the political and juridical entity of the local government, composed by a Legislative Branch and an Executive Branch.
(m) Person.— Shall mean any natural or juridical entity, including private corporations, partnerships, associations, credit unions, successions, group of persons, entities and institutions.
(n) Net internal revenues.— Shall mean the total amount of revenues of the General Fund that result after deducting the revenues that arise from external sources, non-recurrent revenues and revenues from which special accounts and funds nourish.
(o) Secretary.— Shall mean the Secretary of the Department of the Treasury.
(p) Additional Lottery System.— Shall mean the game system created by §§ 801 et seq. of Title 15.
History —Aug. 30, 1991, No. 80, § 2.