2017-11-03

Decree No. 2017-917 Appointing a Member of the Banking and Financial Supervision Commission

The Prime Minister of Madagascar, acting on the proposal of the Finance and Budget Minister and the Central Bank Governor, appoints Mr. Adrianavalomanana Razafiarison as a member of the Banking and Financial Supervision Commission for a three-year term. This decree simultaneously repeals all conflicting prior appointment provisions, particularly Decree No. 2013-559, and mandates the Finance Minister to oversee its execution. To ensure rapid implementation, the decree takes immediate legal effect upon radio or television broadcast and/or public posting, independent of its formal publication in the Official Journal.

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REPUBLIC OF MADAGASCAR Freedom - Homeland - Progress

MINISTRY OF FINANCE AND BUDGET

DECREE NO. 2017-917

Appointing a Member of the Banking and Financial Supervision Commission

THE PRIME MINISTER, HEAD OF GOVERNMENT,

  • Having examined the Constitution;
  • Having examined Law No. 95-030 of February 22, 1996 on the activity and supervision of credit institutions, as amended;
  • Having examined Decree No. 2013-559 of July 23, 2013 appointing the members of the Banking and Financial Supervision Commission;
  • Having examined Decree No. 2014-1684 of October 29, 2014 appointing the Governor of the Central Bank of Madagascar;
  • Having examined Decree No. 2016-151 of March 8, 2016 partially repealing Decree No. 2013-559 of July 23, 2013 and appointing two members of the Banking and Financial Supervision Commission;
  • Having examined Decree No. 2016-250 of April 10, 2016 appointing the Prime Minister, Head of Government;
  • Having examined Decree No. 2016-265 of April 15, 2016, modified and supplemented by Decrees No. 2016-460 of May 11, 2016, No. 2016-1147 of August 22, 2016, No. 2017-148 of March 2, 2017, No. 2017-262 of April 20, 2017, No. 2017-590 of July 17, 2017, and No. 2017-724 of August 25, 2017, appointing members of the Government;
  • Having examined Decree No. 2017-121 of February 21, 2017 defining the powers of the Minister of Finance and Budget as well as the general organization of his Ministry;

Upon the proposal of the Minister of Finance and Budget and the Governor of Banky Foiben'i Madagasikara (Central Bank of Madagascar),

In Council of Government,

DECREE:

Article 1: Mr. Adrianavalomanana RAZAFIARISON is appointed as a member of the Banking and Financial Supervision Commission for a term of three (3) years.

Article 2: All provisions contrary to this Decree are and remain repealed, particularly those of Decree No. 2013-559 of July 23, 2013 appointing the members of the Banking and Financial Supervision Commission.

Article 3: Due to urgency and in accordance with Articles 4 and 6 of Ordinance No. 62-041 of September 19, 1962 on general provisions of domestic and private international law, this Decree takes immediate effect upon publication by radio and/or television broadcast or posting, independently of its insertion in the Official Journal of the Republic.

Article 4: The Minister of Finance and Budget is charged with the execution of this Decree, which shall be published in the Official Journal of the Republic.

Done in Antananarivo, on October 10, 2017

By the Prime Minister, Head of Government MAHAFALY Solonandrasana Olivier

The Minister of Finance and Budget ANDRIAMBOLOLONA Vonintsalama Sehenosoa

FOR TRUE COPY

Antananarivo, November 03, 2017

THE SECRETARY GENERAL OF THE GOVERNMENT (Signature) FARATIANA Tsihoara Eugène