BRAZIL – OFFICE OF ATTORNEY GENERAL OF THE NATIONAL TREASURY (PGFN – PROCURADORIA GERAL DA FAZENDA NACIONAL) – ORDINANCE Nº 42/18 – ADMINISTRATIVE BLOCKING – ASSETS OF DEBTORS OF THE UNION

The Ordinance Nº 42/18 of the Office of the Attorney General of the National Treasury amended numerous provisions of Ordinance Nº 33/18 (object of our information dated of February 22nd 2018), which regulated the possibility of administrative blocking of assets of debtors of the Union, even before the filing of the Fiscal Execution, under the name “pre-executory registration” that would be applied as from June 10th 2018, to registrations that were not subject to payment, installment, guarantee or request for review, within the respective deadlines.

One of the changes implemented by Ordinance “PGFN” No. 42/18 was in article 52, of Ordinance “PGFN” No. 33/18 changing the beginning of its validity from June 10th 2018 to October 1st 2018..

The deadline for the debtor to offer a guarantee in tax execution or to submit a request for review was also extended from 10 (ten) to 30 (thirty) days.

It had begun to count disposition that do not permit the administrative attachment of small rural property, family property and other assets considered inalienable.