Pope cracks down on cardinals’ rent discounts – English | CPT PPP Coverage

(ANSA) – ROME, MAR 1 – Pope Francis on Wednesday cracked down
on cardinals’ rent discounts.
   
The pope ordered an end to all measures enabling the free use,
or use at favourable financial conditions, of property owned by
the Holy See.
   
Following an audience with the Prefect of the Secretariat for
the Economy, Maximino Caballero Ledo, on the 13th February,
Vatican News reported, Pope Francis has ordered the abrogation
of all provisions that allow the use of real estate owned by
Curial Institutions and Entities that refer to the Holy See,
including the Domus, freely or under special favourable
conditions.
   
It is a decision – the Rescript reads – taken “to meet the
growing commitments that the fulfilment of the service to the
Universal Church and to the needy requires in an economic
context such as the current one, of particular gravity”, with
the consequent need “for everyone to make an extraordinary
sacrifice to allocate more resources to the mission of the Holy
See, also by increasing revenue from the management of the real
estate patrimony”.
   
The provision concerns cardinals, heads of Dicastery,
presidents, secretaries, undersecretaries, executives and
equivalents, including auditors, and equivalents, of the Court
of the Roman Rota.
   
The Institutions that own the properties must therefore apply
the prices normally applied to those who have no offices of any
kind in the Holy See and Vatican City State. The Domus will also
have to apply the ordinary rates established by their own
administrative body.
   
The measure has no effect on facilities already granted on the
date of its entry into force and, therefore, previously
stipulated contracts will continue until their natural expiry
date, but may be extended or renewed only in compliance with the
new rules, without prejudice to compulsory renewals established
by law or by contract. Any exception to the new regulations must
be directly authorised by the Pope. (ANSA).