Law on the Central Bank of Bosnia and Herzegovina - Index

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Law on the Central Bank of Bosnia and Herzegovina PUBLISHED: ("Official Gazette of BiH", 1/97) L A W ON THE CENTRAL BANK OF BOSNIA AND HERZEGOVINA INDEX

Chapter I ESTABLISHMENT, OBJECTIVES AND TASKS OF THE CENTRAL BANK Article 1. Establishment of the Central Bank Article 2. Objectives and basic tasks of the Central Bank Article 3. Independence of the Central Bank Article 4. International cooperation

Chapter II ORGANIZATION AND ADMINISTRATION OF THE CENTRAL BANK Article 5. Organization of the Central Bank Article 6. Functions of the Governing Board Article 7. Powers of the Governing Board Article 8. Constituting the Governing Board Article 9. Remuneration of members of the Governing Board Article 10. Who cannot be a member of the Governing Board Article 11. Disqualification and removal of members of the Governing Board and their immunity Article 12. Resignation of members of the Governing Board Article 13. Vacancy in the Governing Board Article 14. Sessions of the Governing Board Article 15. Discussions at sessions of the Governing Board Article 16. Statements by members of the Governing Board Article 17. Composition of the Management of the Central Bank Article 18. Powers of the Management of the Central Bank Article 19. Succession in office Article 20. Chief Controller of the Central Bank Article 21. Staff of the Central Bank Article 22. Officials, intermediaries and correspondents of the Central Bank Article 23. Conflict of interest Article 24. Confidentiality

Chapter III FINANCIAL PROVISIONS Article 25. Capital of the Central Bank Article 26. Calculation of net profit or net loss of the Central Bank Article 27. Distribution of net profit of the Central Bank Article 28. Allocation of net loss of the Central Bank Article 29. Covering the deficit in the capital of the Central Bank

Article 30. Restrictions on the distribution of net profit

Chapter IV MONETARY FUNCTION AND ACTIVITIES OF THE CENTRAL BANK

Article 31. Rule for issuing currency (currency board arrangement) Article 32. Official exchange rate for the currency of Bosnia and Herzegovina Article 33. Guaranteed convertibility of the currency of Bosnia and Herzegovina Article 34. Other financial transactions of the Central Bank Article 35. Reporting Article 36. Mandatory reserves of banks Article 37. Money market operations

Chapter V MONETARY UNIT, BANKNOTS AND COINS Article 38. Monetary unit Article 39. Issuance and withdrawal of money Article 40. Accounting procedure for issued money Article 41. Legal tender Article 42. Characteristics of currency and banknotes in the transitional period (Coupons) Article 43. Printing and storage of currency Article 44. Unsuitable currency Article 45. Currency inventory and plan for printing or minting coins Article 46. Withdrawal of currency Article 47. Duplication and counterfeiting of currency

Chapter VI FOREIGN EXCHANGE RATE POLICY, FOREIGN EXCHANGE RESERVES AND FOREIGN EXCHANGE CONTROL Article 48. Foreign exchange control Article 49. Clearing agreements and payment agreements Article 50. Foreign exchange reserves Article 51. Reporting on foreign exchange transactions

Chapter VII RELATIONS OF THE CENTRAL BANK WITH OTHER PUBLIC INSTITUTIONS Article 52. Banker, advisor and fiscal agent Article 53. Consultations and reporting on public sector borrowing Article 54. Depository and representative in payment Article 55. Function of the fiscal agent Article 56. Notifications to be submitted to the Central Bank

Chapter VIII RELATIONS OF THE CENTRAL BANK WITH BANKS Article 57. Bank accounts in the books of the Central Bank

Article 58. Clearing and settlement facilities Article 59. Information network

Chapter IX ACCOUNTS, FINANCIAL STATEMENTS, AUDIT AND REPORTS OF THE CENTRAL BANK Article 60. Financial year of the Central Bank Article 61. Accounting procedures Article 62. Financial statements of the Central Bank Article 63. Audit of accounts of the Central Bank Article 64. Sending and publication of statements and reports of the Central Bank

Chapter X MISCELLANEOUS PROVISIONS Article 65. Consultations on legislative proposals Article 66. Right of the Central Bank to priority Article 67. Prohibited activities of the Central Bank Article 68. Collection of statistical data Article 69. Immunity of the Central Bank from taxation Article 70. Regulations of the Central Bank Article 71. Standards of good administration Article 72. Transitional arrangements Article 73. Trust accounts Article 74. Definitions Article 75. Repeal of previous legal provisions Article 76. Entry into force