RegAlert1993-04-01
Added · Updated
Notice No. 6/93
The National Bank of Angola issued Notice No. 6/93 to update the minimum paid-up share capital requirement for Foreign Exchange Houses. The regulation amends Article 2 of Notice No. 6/92 to mandate a minimum capital of 400,000,000.00 New Kwanzas. This notice took effect immediately upon publication on April 26, 1993.
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NOTICE NO. 6/93
OF APRIL 2, 1993
Considering the need to update the minimum share capital of Foreign Exchange Houses provided for in Notice No. 5/92 of August 12; In exercise of the powers attributed to the National Bank of Angola by Articles 16 and 43 of Law No. 4/91 of April 20. I HEREBY DETERMINE:
Article 1
Subparagraph c) of Article 2 of Notice No. 6/92 of August 12 shall be amended to read as follows:
“to have a paid-up share capital of no less than NKZ 400,000,000.00 (Four Hundred Million New Kwanzas)”.
Article 2
This Notice shall enter into force immediately.
PUBLISH IT
LUANDA, APRIL 26, 1993.-
THE GOVERNOR
HRMENEGILDO GASPAR DE ALMEIDA
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Lineage: In force
Timeline
This document amends: Notice No. 5/92 of August 12, Notice No. 6/92 of August 12, 1992
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Source: Banco Nacional de Angola — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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