FESB definition
FESB means the State’s Fundo Estadual de Saneamento Basico, a fund established by the State’s Lei No. 10107, dated May 8, 1968, as amended by Decreto-Lei No. 172, dated December 26, 1969, and by ▇▇▇ ▇▇. ▇▇, dated December 14, 1972, and as regulated by the State Decrees mentioned in paragraph (n) of this Section, by State Decree No. 14806, dated March 4, 1980, as amended by ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇. ▇▇▇▇▇, dated January 11, 1984, which set forth a program for purposes of financing the control of environmental pollution, by ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇. ▇▇▇▇▇, dated March 4, 1980 and No. 21881, dated January 11, 1984, which established two sub-accounts, both within FESB and to be used as exclusive channels of funds specifically segregated for purposes of the aforementioned program, by Deliberacao No. 17/80 dated April 9, 1980, by State Decree No. 26972, dated April 29, 1987 under which the two sub-accounts in question were merged into one single sub-account (hereinafter called PROCOP), and by Deliberacao No. 23/87 of the State’s Junta de Coordenacao Financeira, published in Diario Oficial do Estado de Sao Paulo on May 21, 1987, whereby BADESP has been appointed administrator of PROCOP effective as of April 30, 1987;