Lietuviškai
                                                  Case No.  12/94

                   THE CONSTITUTIONAL COURT OF                   
                    THE REPUBLIC OF LITHUANIA                    

                         D E C I S I O N                         
  
         On the petition filed by a group of the Seimas          
        members to investigate if the Law of the Republic        
           of Lithuania on Credibility of Litas is in            
        compliance with the Constitution of the Republic         
                          of Lithuania                           

                     Vilnius, 4 January 1995                     
  
     The  Constitutional  Court  of  the  Republic  of Lithuania,
composed  of  the  Justices  of the Constitutional Court Algirdas
Gailiūnas,    Kęstutis   Lapinskas,   Zigmas   Levickis,   Vladas
Pavilonis,   Stasys   Stačiokas,   Teodora  Staugaitienė,  Stasys
Šedbaras and Juozas Žilys,
     the secretary of the hearing - Rolanda Stimbirytė,
     in  its  procedural sitting discussed the petition submitted
by  the  petitioner - a group of the Seimas members requesting to
investigate   if   the  Law  of  the  Republic  of  Lithuania  on
Credibility  of  Litas  is  in compliance with Article 125 of the
Constitution of the Republic of Lithuania

	The Constitutional Court 
                        has established:                         
  
     The  petitioner  -  a group of the Seimas members - requests
to  investigate  if  the  Law  of  the  Republic  of Lithuania on
Credibility  of  Litas  (Official Gazette "Valstybės Žinios", No.
24-378,   1994)   is  in  compliance  with  Article  125  of  the
Constitution.
     The   petitioner   grounds  his  request  on  the  following
arguments:
     Norms  of  the first and third parts of Article 2 as well as
of  the  second  part  of Article 3 of the Law of the Republic of
Lithuania  on  Credibility  of Litas oblige the Bank of Lithuania
to  execute  currency  issue  under  conditions and to the extent
established  by  other  state  institutions,  they actually allow
the  Seimas  and  the  Government  to take part in the process of
currency  issue.  At  the  same  time  said  norms  of the Law on
Credibility  of  Litas  liquidate  self-dependence of the Bank of
Lithuania  in  the  sphere  of  currency  issue,  they  virtually
establish  that  the  right of currency issue belongs not only to
the  Bank  of Lithuania but also to other state institutions, and
make formal the right of the bank currency issue.
     It  is  established  in  Article  5 of the Constitution that
the  powers  of  the  State shall be exercised by the Seimas, the
President   of   the   Republic   and  the  Government,  and  the
Judiciary.  It  is  also  pointed  out  in  this article that the
scope   of   powers   shall   be  defined  by  the  Constitution.
Authorizations  of  the  Seimas  are established in Article 67 of
the  Constitution.  It  does  not  grant  the Seimas the right to
regulate  questions,  the  settlement of which in accordance with
the  Constitution  is  designated  for  the  competence  of other
state  institutions  (in  this  case - of the Bank of Lithuania).
The  Seimas  therefore,  while  establishing the rules in the Law
on   Credibility   of   Litas,  the  right  to  establish  which,
according   to  the  Constitution,  is  vested  in  the  Bank  of
Lithuania only, has exceeded its powers.
  
     The Constitutional Court
                           holds that:                           
  
     On  17  March  1994  the  Seimas  adopted  the  Law  of  the
Republic  of  Lithuania  on  Credibility  of  Litas, the norms of
which  established  the  procedure  of issue of Litas of the Bank
of Lithuania and regulated other matters related to that.
     The  petitioner  requests  to  investigate if the Law of the
Republic  of  Lithuania  on Credibility of Litas is in compliance
with  Article  125  of  the Constitution, as, to his opinion, the
exceptional  right  to currency issue of the Bank of Lithuania is
restrained  by  this  law.  However, while giving reasons for his
petition,   the   petitioner  virtually  motivates  only  by  the
provisions  of  the first and third parts of Article 2 and of the
second part of Article 3 of this law.
     Restrictions  of  issue  of  the  Bank of Lithuania, pointed
out  by  the petitioner, first of all ensue from Article 3 of the
Law  of  the  Republic  of  Lithuania on Credibility of Litas. In
the  meanwhile,  on  20  July 1994 the Seimas adopted the Law "On
Amendment  of  Article  3 of the Law of the Republic of Lithuania
on   Credibility  of  Litas"  ("Valstybės  Žinios"  No.  81-1516,
1994).  On  1  December  1994  a new Law on the Bank of Lithuania
was  also  adopted  ("Valstybės  Žinios"  No.  99-1957, 1994), in
Article  6  of  which  the  exceptional  right  of  the  Bank  of
Lithuania to issue currency was respectively formulated.
     Since  amendments  of the law in dispute, and later of other
laws,  had  been made, on 16 September 1994 a suggestion was made
for  the  petitioner  to  more  exactly  define  his petition and
motives. The petitioner has not answered to this suggestion.
     The  fact,  that  a  part  of  the  act  in dispute has been
annulled,  and  nobody  has  appealed to the Constitutional Court
in  regard  with  constitutionality  of  the  new  norms  and  no
additional  motives  have been submitted, on the grounds of which
it  would  be  possible  to  investigate the issue concerning the
unconformity  of  said  law with the Constitution, shall form the
basis  to  take  the  decision  to  terminate the commenced legal
proceedings.

     Conforming  to  item  5,  part  1,  Article  69  and  part 4
thereof  and  Article  28 of the Law on the Constitutional Court,
the Constitutional Court shall take the following
  
                            decision:                            

     To terminate the legal proceedings commenced in this case.
  
Justices of the Constitutional Court:

Algirdas Gailiūnas		
Kęstutis Lapinskas		
Zigmas Levickis
Vladas Pavilonis		
Stasys Stačiokas		
Teodora Staugaitienė
Stasys Šedbaras		
Juozas Žilys