Regulatory Alerts2025-01-01
Instructions No. 5 of 2025 Regarding Cash Deposits in Fuel Station Accounts
The Palestine Monetary Authority issued Instructions No. 5 of 2025 to extend the application of Article 2(1) regarding cash deposits in fuel station accounts until June 30, 2025. The directive repeals all conflicting provisions and mandates immediate compliance by relevant authorities effective May 1, 2025. This regulatory amendment maintains existing cash handling requirements while formally updating the legal framework under the Authority's banking oversight mandate.
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