Circular No. 2230 — Establishes rules for the formation and operation of motorcycle-referenced consortium groups and criteria for their administration

Circular No. 2230, of September 23, 1992

CIRCULAR NO. 2230

Establishes rules for the formation and operation of motorcycle-referenced consortium groups and sets criteria for the administration of such groups.

We communicate that the Board of Directors of the CENTRAL BANK OF BRAZIL, in a session held on September 23, 1992, based on Law No. 8,177 of March 1, 1991,

DECIDED:

Art. 1. It is established that the provisions contained in the regulation annexed to Circular No. 2,196 of June 30, 1992, shall henceforth govern the formation and operation of motorcycle-referenced consortium groups, constituted from the date of publication of this circular.

Art. 2. The provisions of Circular No. 2,195 of June 30, 1992, shall apply to consortium administrators, for the purpose of forming consortium groups of motor vehicles referenced in motorcycles, of national and foreign production, observed that:

I - the total corresponding to the sum of the number of unsubscribed quotas not yet awarded plus the number of awarded quotas but whose pertinent goods have not yet been delivered, referenced in motorcycles, as referred to in paragraph 1 of Art. 2 of the aforementioned Circular No. 2,195/92, may at no time exceed:

• Level 1: five hundred quotas;
• Level 2: one thousand quotas;
• Level 3: two thousand quotas;
• Level 4: four thousand quotas;
• Level 5: eight thousand quotas;

II - the administrator that has already been authorized, in accordance with the provisions of item III of Art. 1 of the aforementioned Circular No. 2,195/92, may, independently of new authorization, operate in the motorcycle consortium segment according to the level of operation in which it is classified.

Art. 3. All quotas for motorcycles, of national or foreign manufacture, previously authorized, are canceled, except for active subscriptions and vacant quotas of consortium members who have been excluded or withdrawn.

Art. 4. The provisions of Art. 4 of Circular No. 2,195/92 are also exempted regarding the vacant quotas of consortium members who have been excluded or withdrawn.

Circular No. 2230, of September 23, 1992

Art. 5. This circular enters into force on the date of its publication.

Art. 6. Circulars No. 2,157 of April 8, 1992, and No. 2,198 of July 8, 1992, respectively, are hereby repealed.

Brasília (DF), September 23, 1992

Gustavo Jorge Laboissière Loyola
Director

This text does not replace the published version in the DOU and Sisbacen.