Board Resolution No. 122/2021 Approving the Custody of Securities Regulation

Banco Central de Bolivia
Directorio

BOARD RESOLUTION NO. 122/2021

SUBJECT: TREASURY MANAGEMENT – CUSTODY OF SECURITIES REGULATION

VIEWED:

The Political Constitution of the State (CPE), promulgated on February 7, 2009.

Law No. 1670 of October 31, 1995 of the Central Bank of Bolivia (BCB).

The BCB Statute approved by Board Resolution No. 128/2005 of October 21, 2005 and its modifications.

Board Resolution No. 074/2020 of August 11, 2020, which approves the new Custody of Securities Regulation and its modification through Board Resolution No. 152/2020 of December 29, 2020.

Report BCB-GTES-SAMM-INF-2021-7 of October 15, 2021 from the Treasury Management.

Report BCB-GAL-SANO-DLBCI-INF-2021-208 of October 15, 2021 from the Legal Affairs Management.

CONSIDERING:

That Article 327 of the CPE establishes that the BCB is a public law institution, with legal personality and its own assets. Within the framework of the State's economic policy, it is the function of the BCB to maintain the stability of the internal purchasing power of the currency, to contribute to economic and social development.

That Article 328 of the CPE provides that the attributions of the BCB, in coordination with the economic policy determined by the Executive Branch are: 1) Determine and execute monetary policy; 2) Execute exchange rate policy; 3) Regulate the payment system; 4) Authorize the issuance of currency and 5) Administer international reserves.

That Article 29, subsection c) of Law No. 1670, empowers the BCB, in its capacity as Financial Agent of the Government, to receive securities in custody from the State, in the cases and under the conditions specified by the BCB, being able to delegate this function to other banks and entities of the financial system and in relation to the Financial System, Article 38, subsection c) of the aforementioned Law, empowers the BCB to accept the custody of securities.

//2. B.R. No. 122/2021

That the Board, by virtue of articles 44 and 54, subsections a) and o) of Law No. 1670 in concordance with what is provided by the BCB Statute, is empowered to issue norms and adopt general decisions that are necessary for it to fulfill the functions, competencies, and powers assigned by the Law, as well as to approve, modify, and interpret the Statute and Regulations of the Issuing Entity.

That the Report BCB-GTES-SAMM-INF-2021-7 from the Treasury Management, from the analysis carried out on the current Custody of Securities Regulation, concludes that it is necessary to modify it, hence presenting its proposal for a new Custody of Securities Regulation.

That the Report BCB-GAL-SANO-DLBCI-INF-2021-208 from the Legal Affairs Management, concludes that within the framework of what is stated in Report BCB-GTES-SAMM-INF-2021-7, the proposal for a new Custody of Securities Regulation does not contravene the legal order, being therefore legally appropriate and corresponding to the Board of the BCB to consider its approval in accordance with what is established in subsection o) of article 54 of Law No. 1670 and numeral 29 of article 11 of the Statute of the Issuing Entity.

THEREFORE,
THE BOARD OF DIRECTORS OF THE CENTRAL BANK OF BOLIVIA RESOLVES:

Article 1.- Approve the Custody of Securities Regulation, in its VI chapters, 38 articles, 2 transitional provisions, and Annex 1, which attached forms part of this Resolution.

Article 2.- The Custody of Securities Regulation will enter into force from the approval of this Resolution.

Article 3.- Repeal with effect from this date the Custody of Securities Regulation, approved by Board Resolution No. 074/2020 of August 11, 2020 and its modifications contained in Board Resolution No. 152/2020 of December 29, 2020.

Article 4.- The Presidency and the General Management are in charge of the execution and compliance of this Resolution.

La Paz, October 19, 2021

//3. B.R. No. 122/2021

[Signatures]
Edwin Rojas Ulo
PRESIDENT a.i.

Oscar Ferrufino Morro
DIRECTOR a.i.

Bismarck Arevilca Vásquez
DIRECTOR a.i.

Gabriel Herbas Camacho
DIRECTOR a.i.

Héctor Pino Guzmán
DIRECTOR a.i.

//4. B.R. No. 122/2021

CUSTODY OF SECURITIES REGULATION

CHAPTER I
OBJECTIVE, TERMS AND DEFINITIONS

Article 1. (Objective of the Regulation). This Regulation aims to establish rules for:

1. The deposit, custody, verification, and withdrawal of securities from authorized entities of the Public Sector, within the framework established in Title II of Chapter V of Law No. 1670 of October 31, 1995.

2. The deposit, custody, verification, and withdrawal of securities from Private Financial Intermediation Entities and State Financial Entities or with Majority State Participation, within the framework established in Title II of Chapter VI of Law No. 1670 of October 31, 1995.

3. The deposit, custody, verification, and withdrawal of securities from the different areas of the Central Bank of Bolivia.

4. The deposit, custody, verification, and withdrawal of machinery or computer equipment for digital signature of the Public Sector.

Article 2. (Scope of application). This Regulation will apply to entities of the Public Sector, Private Financial Intermediation Entities and State Financial Entities or with Majority State Participation and areas of the Central Bank of Bolivia that require the deposit, verification and/or withdrawal of securities in custody.

Article 3. (Abbreviations).
The abbreviations applicable to this Regulation are the following:

1. DIRCABI. General Directorate of Registration, Control and Administration of Seized Assets.

2. EA. Authorized Executive of the requesting Private Entity.

3. GAL. Legal Affairs Management of the Central Bank of Bolivia.

4. GTES. Treasury Management of the Central Bank of Bolivia.

5. GGRAL. General Management of the Central Bank of Bolivia.

//5. B.R. No. 122/2021

6. MAE. Highest Executive Authority of the requesting Public Entity.

7. MEFP. Ministry of Economy and Public Finances.

8. MM. Monetary Material.

9. SGR. Sub-Manager of Risk Management dependent on the General Management of the Central Bank of Bolivia.

10. SIVAC. Custody of Securities System.

11. SOMM. Sub-Manager of Monetary Material Operations dependent on the Treasury Management of the Central Bank of Bolivia.

Article 4. (Definitions).
The definitions applicable to this Regulation are the following:

1. Deposit, Verification or Withdrawal Act. Document signed by the applicant as proof of the deposit, verification or withdrawal of the securities in custody.

2. Vault Environments. Closed and protected spaces of the BCB that have security measures for the safeguarding of MM or securities.

3. Assets and Securities in Custody. Securities subject to deposit in custody in the BCB environments that correspond to:

a) Financial securities of the BCB, the Public Sector and other Entities of the Financial System.

b) Numismatic securities of the BCB.

c) Metallic securities of the BCB.

d) Presidential Medal.

e) Vicepresidential Medal.

f) Medal of the President of the Senate.

g) Other jewels with historical value.

h) An original copy of the New Political Constitution of the State.

//6. B.R. No. 122/2021

i) Archaeological Pieces.

j) General Ledger of the Sessions of the Assembly of Representatives of Upper Peru.

k) Seizures of money, jewels and securities deposited at the request and in the name of DIRCABI, in accordance with current regulations.

l) Machinery or equipment of the Public Sector.

4. Fortuitous Case. Internal obstacle attributable to man, unforeseen or inevitable, relative to the conditions themselves in which the obligation had to be fulfilled (civil commotions, strikes, blockades, revolutions, etc.).

5. Force Majeure. External obstacle, unforeseen or inevitable that originates a force strange to man that prevents the fulfillment of an obligation (fires, floods and other natural disasters).

6. Authorized Personnel. Personnel designated by the MAE or the EA of the Applicant, or by a representative authorized by the MAE or the EA, to carry out the deposit, verification and/or withdrawal of securities in custody; sealing (if applicable); and the signing of the respective documents.

7. Own Sealing. Use by the Authorized Personnel of a wax that will be placed in a melted form, on which a seal that identifies the Applicant can be applied sealing the containers of securities and/or the drawers of the BCB.

8. Machinery or Equipment. Machines or computer equipment for digital signature.

9. Applicant. Entity of the Public Sector, the Financial System or area of the BCB that requests the deposit, verification or withdrawal of securities in custody.

10. Financial Securities. Promissory notes, bonds, shares, bills, guarantee certificates and any other value regulated by the national legal order, valid, issued or endorsed in favor of an Entity of the Public Sector or the Financial System.

11. Numismatic Securities. Specimens and collections of banknotes and coins, of legal tender and commemorative, whether national or foreign, Bolivian and foreign medals with numismatic value, matrices, plates, dies or other objects and documents used in the design, origin, printing and minting of MM.

//7. B.R. No. 122/2021

12. Metallic securities. Gold, silver and commemorative coins (of different metals) of the BCB intended for sale.

CHAPTER II
PROCEDURE FOR THE DEPOSIT, CUSTODY, VERIFICATION OR WITHDRAWAL OF SECURITIES OF PUBLIC SECTOR ENTITIES AND FINANCIAL SYSTEM ENTITIES

Article 5. (Securities Subject to Deposit in Custody). The securities that can be custodied, prior to evaluation of the availability of physical space in the vault environments of the BCB, are detailed below:

1. From Public Sector Entities:

a) Financial securities;

b) Historical patrimonial securities;

c) Machinery or equipment;

d) Seizures of money, jewels and securities deposited at the request and in the name of DIRCABI, in accordance with current regulations.

2. From Private Financial Intermediation Entities and State Financial Entities or with Majority State Participation:

a) Financial Securities.

Article 6. (Request for deposit or withdrawal of securities).
I. Requests for deposit or withdrawal of securities must be signed by the MAE or the EA of the requesting entity or an authorized representative by the MAE or the EA of the entity. Such requests must be sent through a note addressed to the President of the BCB, according to the format and minimum content attached in Annex 1.

II. The request for deposit or withdrawal must attach:

1. Copy of the Deposit Act of the value or supporting documentation of the deposit made (only for withdrawals).

//8. B.R. No. 122/2021

2. The designation note by the MAE or the EA of the Applicant for the signing of the Request (If applicable).

3. The photocopy of the identity card of the authorized personnel.

4. The photocopy of the identity card of the Notary of Public Faith or Government Notary (When applicable).

Article 7. (Review of the request).

I. The SOMM will review that the request complies with what is described in Article 6.

II. In case of withdrawal, the SOMM will verify that the applicant is the same one that made the deposit of the Security in Custody.

III. Based on the above, the President of the BCB will communicate in writing to the Applicant the acceptance or rejection of the deposit or withdrawal of securities in custody. If the request is accepted, the time and date for the deposit or withdrawal of the securities in custody will also be communicated, in GTES environments of the BCB. In cases of request for deposit or withdrawal of the Presidential Medal, Vicepresidential Medal or Medal of the President of the Senate, the SOMM will communicate in writing the acceptance or rejection directly to the Applicant; in these cases the applicant may propose the date and time of deposit or withdrawal.

Article 8. (Deposit or withdrawal).

I. On the date and time agreed for the deposit or withdrawal of securities in and from BCB facilities, the SOMM will verify the following:

1. That the securities correspond to the description and data of the request. In case of withdrawal, it will also verify the data registered in the SIVAC. This verification does not include determination on the reliability or authenticity of the characteristics that make up or make the value.

2. The identification of the authorized personnel by the Applicant (through a credential or other identification of the institution it represents).

If any of the requirements are not met, the SOMM personnel will suspend the deposit or withdrawal process of the securities in custody.

//9. B.R. No. 122/2021

Article 9. (Deposit or Withdrawal Act).

I. Once the requirements are met, the attendees will sign a Deposit or Withdrawal Act, as appropriate, prepared by the SOMM, which will include at least the following information:

1. Act Number, controlled by the SOMM;

2. Date and time of the deposit or withdrawal of the value;

3. Identification of the Applicant;

4. CITE and date of the request note and other complementary to the request, if applicable;

5. When it comes to sealed containers and/or drawers, the expression "Says to Contain" must be recorded;

6. Reason or justification for the deposit or withdrawal;

7. Identification of the authorized personnel.

A photocopy of the request note must be attached to the Act.

II. The Deposit or Withdrawal Act of securities, will be signed by the Sub-Manager of Monetary Material Operations and/or the Head of Department of Monetary Material Operations and the Accounting and Securities in Custody Supervisor.

III. The SOMM will deliver a copy of the Deposit or Withdrawal Act to the authorized personnel of the Applicant, who must sign as proof of receipt of the document in a book of Acts prepared by the SOMM.

Article 10. (Verification of Securities in Custody by the Applicant).

I. The Applicant may periodically verify the deposited securities, the BCB will not be responsible for the deterioration of the securities.

The verification request must be made by the Applicant through a note addressed to the President of the BCB according to the format and minimum content attached in Annex 1. This request must attach:

//10. B.R. No. 122/2021

1. The designation note by the MAE or the EA of the Applicant for the signing of the Request (If applicable).

2. The photocopy of the identity card of the authorized personnel.

3. The photocopy of the identity card of the Notary of Public Faith or Government Notary (When applicable).

II. The President of the BCB will communicate in writing to the Applicant the date, time and the environment where the verification of the securities in custody will be carried out. In cases of request for verification of the Presidential Medal, Vicepresidential Medal or Medal of the President of the Senate, the SOMM will communicate in writing the date, time and the environment where the verification of the securities in custody will be carried out.

CHAPTER III
PROCEDURE FOR THE DEPOSIT, CUSTODY, VERIFICATION OR WITHDRAWAL OF SECURITIES OF BCB AREAS

Article 11. (Securities Subject to Deposits in Custody). The securities that can be custodied in the GTES environments of the BCB are the following:

1. Financial Securities.

2. Numismatic securities.

3. Metallic securities.

Article 12. (Request for deposit or withdrawal of securities). The highest authority of the area must send the request for deposit or withdrawal of securities in custody through internal communication addressed to the General Manager of the BCB according to the format and minimum content attached. The request for deposit or withdrawal must attach:

1. The photocopy of the identity card of the Notary of Public Faith or Government Notary (When applicable).

2. Copy of the Deposit Act of the value or supporting documentation of the deposit made (in case of withdrawals).

//11. B.R. No. 122/2021

Article 13. (Review of the request).

I. The SOMM will review that the received request complies with the minimum information described in Article 12.

II. Based on the above, the GTES will communicate in writing to the Applicant the acceptance or rejection of the deposit or withdrawal of securities in custody. If the request is accepted, the time and date for the deposit or withdrawal of the securities in custody will also be communicated.

Article 14. (Deposit or withdrawal).

I. On the date and time agreed for the deposit or withdrawal of securities, the SOMM will verify the following:

1. That the securities correspond to the description and data of the request. In case of withdrawal, it will also verify the data registered in the Deposit Act (if applicable). This verification does not include determination on the reliability or authenticity of the characteristics that make up or make the value.

2. The identification of the authorized personnel by the Applicant (through a credential or other identification of the BCB area it represents).

If any of the requirements are not met, the SOMM personnel will suspend the deposit or withdrawal process of the securities in custody.

Article 15. (Deposit or Withdrawal Act).

I. Once the requirements are met, the attendees will sign a Deposit or Withdrawal Act, as appropriate, prepared by the SOMM, which will include at least the following information:

1. Act Number, controlled by the SOMM;

2. Date and time of the deposit or withdrawal of the value;

3. Identification of the Applicant;

//12. B.R. No. 122/2021

4. CITE and date of the request note and other complementary to the request, if applicable;

5. When it comes to sealed containers and/or drawers, the expression "Says to Contain" must be recorded;

6. Reason or justification for the deposit or withdrawal;

7. Identification of the authorized personnel.

A photocopy of the request note must be attached to the Act.

II. The Deposit or Withdrawal Act of securities, will be signed by the Sub-Manager of Monetary Material Operations and/or the Head of Department of Monetary Material Operations and the Accounting and Securities in Custody Supervisor.

III. The SOMM will deliver a copy of the Deposit or Withdrawal Act to the authorized personnel of the Applicant, who must sign as proof of receipt of the document in a book of acts prepared by the SOMM.

Article 16. (Verification of Securities in Custody by the Applicant).

I. The Applicant may periodically verify the deposited securities, the BCB will not be responsible for the deterioration of the securities.

II. The verification request must be made by the Applicant through a note addressed to the General Manager of the BCB according to the format and minimum content attached in annex 1. This request must attach:

1. The photocopy of the identity card of the Notary of Public Faith or Government Notary (When applicable).

III. The GTES will communicate in writing to the Applicant the date, time and the environment where the verification of the securities in custody will be carried out.

CHAPTER IV
COMMEMORATIVE COINS INTENDED FOR SALE AND EXHIBITION

Article 17. (Deposit of commemorative coins).

//13. B.R. No. 122/2021

Commemorative coins in gold, silver and/or other metals that the BCB acquires for their commercialization, will be deposited in Custody of Securities, according to the procedure established in Chapter III of this Regulation.

Article 18. (Custody).

Commemorative coins in gold, silver and other metals owned by the BCB intended for sale, will be registered in Custody of Securities until their commercialization.

Article 19. (Withdrawal of Commemorative Coins by sale).

The withdrawal of custody of commemorative coins in gold, silver and other metals for their sale, will be carried out based on the specific procedures of the SOMM approved by GGRAL.

This operation does not generate a Withdrawal Act.

Article 20. (Registration of Commemorative Coins for exhibition).

The registration of the exit and return of commemorative coins in gold, silver and other metals for their exhibition, will be carried out based on the specific procedures of the SOMM approved by GGRAL.

These operations do not generate Acts.

CHAPTER V
PROCEDURE FOR THE DEPOSIT, CUSTODY, VERIFICATION OR WITHDRAWAL OF MACHINERY OR EQUIPMENT

Article 21. (Deposits in Custody of Machinery or Equipment).

The BCB may receive in custody machinery or equipment that is intended for digital signature computer use, only from Public Sector Entities, provided that they adapt to the availability of physical space in the GTES environments, time of stay, that they do not represent possible risks to the health of BCB personnel, to the environment or to the assets of the BCB.

Article 22. (Request for deposit or withdrawal of machinery or equipment).

//14. B.R. No. 122/2021

I. The Public Sector Entity must send to the President of the BCB a request note signed by the MAE of the entity or by a representative authorized by the MAE.

II. The minimum information that the request for deposit or withdrawal must contain is the following:

1. Identification of the Applicant;

2. Quantity and description of the machinery or equipment to be custodied or withdrawn;

3. Specification of dimensions;

4. Description of the containers of the machinery or equipment to be custodied or withdrawn (If applicable);

5. Time in months for the custody of the deposit;

6. Reason or justification for the deposit or withdrawal of the machinery or equipment;

7. Data of the authorized personnel, specifying names and surnames, position and identity card number;

8. In case of requiring the participation of Notary of Public Faith or Government Notary, specify names and surnames and identity card number;

9. The value of the machinery or equipment;

10. All-risk Insurance Policy;

11. In case of withdrawal, a copy of the Deposit Act must be attached or mention the item number of the deposit in the request;

12. For deposits, a photograph of the machinery or equipment to be custodied may be included.

Article 23. (Analysis and acceptance of the Deposit Request).

I. The request for deposit of machinery or equipment will be forwarded to the GTES and to the GAL so that they issue the corresponding technical and legal reports, which will establish both technical and legal feasibility to accept the request.

//15. B.R. No. 122/2021

II. Once the feasibility is verified, the GAL will draft the Inter-institutional Agreement, which, together with the Technical and Legal Reports, and once consensuated with the requesting Public Entity and with the Approval of the MEFP, will be submitted to the Board for that instance, by majority vote of the members present, to authorize the President of the BCB to sign the aforementioned Agreement.

III. The withdrawal procedure of the machinery or equipment will be governed by the terms of the Inter-institutional Agreement signed.

Article 24. (Operation).

I. On the date and time agreed for the deposit or withdrawal, the SOMM will verify the following requirements:

---

1. The correspondence of the machinery or equipment with the declaration made by the Applicant. In the event of withdrawal, it must additionally be verified that the correspondence matches the data registered in the Deposit Act.

2. The condition of the machinery or equipment such that its custody does not represent a risk to the BCB's environments or personnel. For this purpose, the SOMM will request that the GGRAL have the SGR evaluate whether there is any risk to the BCB's environments or personnel.

3. The correct identification of the Applicant's representatives, including, where applicable, the Notary Public or Government Notary mentioned in Article 20 of this Regulation.

II. If any of the requirements are not met, the SOMM staff will suspend the deposit or withdrawal process of the machinery or equipment in custody.

Article 25. (Entry of personnel).

The entry of authorized personnel from the requesting Public Entity into the vault environment, to effect the deposit in custody or withdrawal of machinery or equipment, must be framed within the BCB's security protocols.

Article 26. (Environments).

The BCB must provide specific places in the BCB's security areas for the custody of machinery or equipment.

//16. R.D. Nº122/2021

Article 27. (Deposit or Withdrawal Act).

I. Once the requirements are met, the assistants will sign a Deposit or Withdrawal Act, as appropriate, prepared by the SOMM, which must include at least the following information:

1. Act Number, controlled sequentially by the SOMM;

2. Date and time of the deposit or withdrawal of the machinery or equipment;

3. Identification of the Applicant;

4. CITE and date of the request note and other complementary notes to the request, if applicable;

5. Reason or justification;

6. Identification of the participants.

II. The Deposit or Withdrawal Act for securities will be signed by the Deputy Manager of Monetary Material Operations and/or the Head of the Monetary Material Operations Department and the Accounting and Custody Supervisor.

III. The SOMM will deliver a copy of the Deposit or Withdrawal Act to the authorized personnel of the Applicant, who must sign it as proof of receipt of the document in a logbook prepared by the SOMM.

Article 28. (Insurance).

I. The Public Sector Entity that requests the deposit of machinery or equipment in the BCB's security environments must attach to the request an All-Risk Property Damage Insurance Policy, specifying that it includes the clause "Equipment Out of the Insured's Control" and whose Annex specifically includes the machinery or equipment being deposited in custody. This insurance must remain valid for the time that the machinery or equipment is located in the BCB's facilities, and the Public Entity must send a copy of the policy upon each renewal.

//17. R.D. Nº122/2021

II. The BCB reserves the right to request other types of additional insurance policies, depending on the type of machinery or equipment deposited in custody.

Article 29. (Verification of machinery or equipment by the Applicant).

I. The Applicant may periodically verify the deposited machinery or equipment; the BCB will not be responsible for the deterioration of this machinery or equipment.

II. The verification request must be made by the Applicant via a note addressed to the President of the BCB according to the attached format and minimum content. This request must attach:

1. The designation note by the MAE of the Applicant for the signing of the Request (If applicable).

2. The photocopy of the identity card of the authorized personnel.

3. The photocopy of the identity card of the Notary Public or Government Notary (When applicable).

III. The President of the BCB will communicate in writing to the Applicant the date, time, and environment where the verification of the machinery or equipment will take place.

CHAPTER VI
GENERAL CONSIDERATIONS

Article 30. (Registration).
The GTES, through the SOMM, will register the deposits and withdrawals of Securities in Custody in the SIVAC.

Article 31. (Commissions and Interest).
The BCB will not charge commissions nor pay interest for the receipt of Securities in Custody.

//18. R.D. Nº122/2021

Article 32. (Restitution or compensation of values received in custody).

The BCB has no obligation to restitute or compensate the value received in custody, when there is destruction, obsolescence, deterioration, cases of force majeure or fortuitous event, or others that damage it.

Article 33. (Obligation to withdraw by the Applicant).

Upon completion of the custody time, the Applicant is obligated to request the withdrawal of the custody of securities during the fifteen (15) following business days. In the event that the withdrawal is not made, the BCB will be exempt from all responsibility regarding the deposited value.

Article 34. (Withdrawal of Securities in Custody Requested by the BCB).

The BCB may request the respective depositors to withdraw their securities in custody due to reasons of physical space, weight, health risk to BCB personnel, risk to other BCB assets, security, deterioration, excessive time of storage, expiration of the time for the custody of securities, or others that the BCB Board of Directors considers pertinent.

Article 35. (Sealing of containers of values).

At the time of deposit, the applicant who wishes to seal the containers that safeguard their values must perform the sealing in the presence of the GTES staff. For security reasons, GTES staff cannot perform the sealing of the containers on behalf of the Applicant.

Article 36. (Sealed Drawers).

I. In the drawers that the SOMM designates for the custody of values, in case the Applicant requires it and according to the availability of drawers, the Applicant will perform their own sealing in the presence of GTES staff. The entry of the applicant into the BCB's security areas must be framed within the corresponding security protocols.

II. For security reasons, GTES staff cannot perform the sealing on behalf of the Applicant.

Article 37. (Notarized Acts).

The applicant may raise, under their responsibility and cost, Notarized Acts of the Deposit, Verification, or Withdrawal of the Value in Custody, prior communication of this determination to the GTES, as provided in this Regulation.

//19. R.D. Nº122/2021

Article 38. (Physical Custody).

The GTES, through the SOMM and in application of its internal procedures, will effect the deposit or withdrawal of the Securities in Custody in the BCB's vault environments. The authorized personnel of the Applicant will enter the BCB's vault environments only when they must deposit, verify, or withdraw securities in custody that are located in sealed drawers or in duly justified cases. The Applicant will be entirely responsible for the values while they are outside the BCB's vault environments.

TRANSITIONAL PROVISIONS

First. The GTES will manage the withdrawal of all those values deposited in the BCB as objects and historical documents; informing the Board of Directors semi-annually about the movements made.

Second. The numeral 4 of article 1, the subsection l) of numeral 3 of article 4, the numeral 8 of article 4, the subsection c) of numeral 1 of article 5, and Chapter V of this Regulation, will become void once the validity of the Agreement Signed between the BCB and the Telecommunications and Transport Regulation and Supervision Authority concludes.

ANNEX 1
MODEL OF REQUEST NOTE

La Paz, September 22, 2021

Sir
...
Present

Ref.: Request for deposit (verification or withdrawal, as appropriate) of securities in custody

Dear Sir:

In compliance with the current Regulation on Securities in Custody, I request your authorization for the deposit (verification or withdrawal, as appropriate) of ... (describe the value), according to the following detail:

• Applicant: ...

• Support document for the deposit (only for withdrawals): ...

• Justification for the deposit (verification or withdrawal, as appropriate): ...

//20. R.D. Nº122/2021

• Custody time: ...

• Quantity and description:

N°	DESCRIPTION

• Description of the containers: (if applicable)

• Sealing: (Indicate if necessary)

• Data of authorized personnel:

NAME	POSITION	I.D.

• Notary: (Indicate if required, if required, fill in the data below)

NAME	I.D.

In this sense, attached herewith, please find the photocopies of the identity cards of the aforementioned persons (authorized personnel and notary, if applicable), copy of the Deposit Act of the value or supporting documentation of the deposit made (only for withdrawals) and the designation note by the MAE or EA of the Applicant for the signing of the Request (If applicable).

Sincerely.