(5) Finance jurisdiction shall be uniformly regulated by federal legislation.
(6) The general administrative provisions shall be issued by the Federal Government and, insofar as the administration is incumbent upon the Land finance authorities, with the approval of the Bundesrat.
Article 109
The Federation and the Laender shall be self-supporting and independent of each other in their budget economy.
Article 110
(1) All revenues and expenditures of the Federation must be estimated for each fiscal year and included in the budget.
(2) The budget shall be established by law before the commencement of the fiscal year. Revenue and expenditure must be balanced. Expenditures shall as a rule be approved for one year; they may in special cases be approved for a longer period. Otherwise the federal budget law may contain no provisions which extend beyond the fiscal year or which do not concern the revenues and expenditures of the Federation or its administration.
(3) The assets and liabilities shall be indicated in an appendix to the budget.
(4) In the case of federal commercial enterprises, only the final result, and not the detailed revenues and expenditures, need be included in the budget.
Article 111
(1) If by the end of a fiscal year the budget for the following year has not been established by law , the Federal Government shall, until such a law comes into force, be empowered to effect such payments as are necessary:
- (a) to maintain legally established institutions and to carry out legally determined measures;
- (b) to meet legally established obligations of the Federation;
