The General Law of Sport (LGE), according to the text of rapporteur Leila Barros (PDT-DF), is a new regulatory framework for sport in Brazil. It repeals several laws that deal with sport today, such as the Pelé Law (Law 9,615, of 1998), the Fan Statute (Law 10,671, of 2003), the Sports Incentive Law (Law 11,438, of 2006) and the Law Bolsa-Atleta (Law 10,891, of 2004), creating new frameworks for all aspects governed by these laws currently in force.
Public money in sport
Sports organizations that receive funds from the exploitation of lotteries must manage these funds in accordance with the general principles of Public Administration, and will be supervised by the Federal Court of Accounts (TCU).
Only entities that are in good standing in their tax and labor obligations will benefit from federal transfers or from lotteries. They must also demonstrate that their president has a mandate of up to 4 years, with a single re-election being allowed, their spouse and blood relatives, or similar, up to the second degree being ineligible for succession.
In order to access public resources, sports entities must also be transparent in their management, including with regard to economic and financial data, contracts, sponsors, image rights, intellectual property and any other aspects of management. And that they have in their Statutes defining principles of democratic management and management transparency in the movement of resources.
Sports organizations will also only be able to obtain public funds, or be entitled to economic and financial recovery programs, if they present their financial statements together with the respective audit reports.
It is to be expected, at this Tuesday's (11) meeting, that senators will include in the LGE issues related to the manipulation of results in order to guarantee greater sporting integrity.
Source: GMB
