Responsibility of the state for violation of the norms of financial legislation
DOI:
https://doi.org/10.21564/2414-990x.127.52414Keywords:
financial law, possession such, financial legal personality, budget liability, debt liability, the state debt, the state borrowingAbstract
In the article the state has been considered as the independent subject of the financial law. Based on this, it has been proved that the state has at its possession such a peculiarity as the financial legal personality. Financial legal personality of the state includes financial legal competence and legal capacity. In the article the attention has been given to such important notions as « budget liability», «debt liability», «the state debt » and «the state borrowing».
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