Art. 126FCSC from 2022
Art. 126
98 Financial management
1 The Confederation shall maintain its income and expenditure in balance over time.
2 The ceiling for total expenditure that is to be approved in the budget is based on the expected income after taking account of the economic situation.
3 Exceptional financial requirements may justify an appropriate increase in the ceiling in terms of paragraph 2. The Federal Assembly shall decide on any increase in accordance with Article 159 paragraph 3 letter c.
4 If the total expenditure in the federal accounts exceeds the ceiling in terms of paragraphs 2 or 3, compensation for this additional expenditure must be made in subsequent years.
5 The details are regulated by law.
98 Adopted by the popular vote on 2 Dec. 2001, in force since 2 Dec. 2001 (FedD of 22 June 2001, FCD of 4 Feb. 2002; AS 2002 241; BBl 2000 4653, 2001 2387 2878, 2002 1209).
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