PGFN has amended a standard that rules the registration at Federal Debt Roster

The National Treasury General Attorney (PGFN) published on May 28, 2018, PGFN Ordinance 42, of May 25, 2018, amending the PGFN Ordinance 33/2018, which regulates the Article 20-B and 20-C, of the Law 10522/2002 and regulates the procedures for forwarding debts for enrollment purposes at Federal Debt Roster (Dívida Ativa da União - DAU), as well as establishing the criteria to present review applications of registered debt, for the advance offer of assets and rights to attachment and to selective filing of tax foreclosures.

Among other issues, the new rule postpones the beginning of the validity of PGFN Ordinance 33 to Oct-1-2018. Therefore, the administrative lock up of assets (without judicial authorization) scheduled to begin in the first half of June will not enter the PGFN routine yet.

In addition, PGFN Ordinance 42/2018 extends from 10 to 30 days the deadline to the notified debtor of the existence of a debit registered in DAU to offer a guarantee in tax execution in advance or to submit a Request of Revision of Enrolled Debt. An item removing small rural property, family property and other assets considered unenforceable under the Law from the administrative attachment was also included.

Note that other changes or adjustments of PGFN before the application period of new rules is possible, as the points raised in the public hearing that discussed PGFN Ordinance 33, held on Apr-05-2018, are being analyzed.