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50 000 Australes

Issuer Provincia de La Rioja
Year 1989
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Value 50 000 Australes (50 000 ARA)
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Obverse description Right-facing portrait vignette of Juan Facundo Quiroga printed vertically along the right margin, with his name inscribed alongside. The centre carries the large denomination numeral "50000" in a bold guilloche underprint band across the lower portion, while a geometric floral rosette pattern occupies the centre-left field. Two facsimile signatures appear on the left, attributed to the Ministro de Hacienda, Finanzas y Obras Publicas and the Gobernador Interino, with the serial number printed twice in black.
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Reverse description The reverse is given over entirely to the text of provincial Law 4534, set in small typeface across seven numbered articles authorising the issuance of debt-cancellation bonds, followed by the promulgation note "PRORROGADO POR LEY 5350/89, DECRETO 1534/89". A bold rectangular panel at the lower right repeats the denomination in large lettering against a guilloche background, while a repeating microtext border reading "PROVINCIA DE LA RIOJA" runs along the left margin.
Reverse lettering PROVINCIA DE LA RIOJA - BONO CANCELACION DE DEUDA - LEY 4534
LA CAMARA DE DIPUTADOS DE LA PROVINCIA SANCIONA CON FUERZA DE LEY:
Articulo 1.- Facúltase al Poder Ejecutivo a emitir "Bonos de Cancelación de Deudas" hasta la suma de AUSTRALES DIEZ MIL MILLONES ($a 10.000.000.000) para ser utilizados en el pago de deudas del Estado Provincial...
Art. 2.- Los citados "Bonos de Cancelación de Deuda" se emitirán al portador...
Art. 3.- Los Bonos serán tomados compulsivamente a su presentación en cualquier organismo del Estado...
Art. 4.- La Administración Central, los Municipios, las Entidades Descentralizadas...
Art. 5.- Las fianzas y cauciones reales exigidas por las Leyes de la Provincia podrán ser constituidas utilizando los Bonos...
Art. 6.- Se autoriza al Poder Ejecutivo a establecer premios por sorteo a los tenedores de Bonos...
Art. 7.- Las erogaciones que demanda el cumplimiento de la presente Ley, serán atendidas con recursos de Rentas Generales.
Art. 8.- Comuníquese, etc.
Dada en la Sala de Sesiones de la Honorable Legislatura de la Provincia, en La Rioja, a los siete días del mes de Julio del año mil novecientos noventa.
-PRORROGADO POR LEY 5350/89, DECRETO 1534/89-
CINCUENTA MIL AUSTRALES
(Translation: La Rioja Province - Debt Cancellation Bond - Law 4534 / The Provincial Chamber of Deputies passes with the force of law: Article 1: The Executive Branch is authorised to issue "Debt Cancellation Bonds" up to the sum of TEN BILLION AUSTRALES... / Fifty Thousand Australes)
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