RegAlertRule · BCB · 3 Jul 1996 · Circular 2704
Circular No. 2704 — Amends the compulsory reserve/deposit requirement rate referred to in Circular No. 2563 of 27.04.95
Sets the rate of the compulsory reserve/required deposit established by Circular No. 2563 of 27.04.95 at 0% (zero percent). The Circular enters into force on the date of its publication, with effects from the calculation period of 08 to 12.07.96, whose adjustment will take place on 19.07.96.
CIRCULAR N. 002704
Amends the rate of the compulsory reserve/required deposit referred to in Circular No. 2563 of 27.04.95.
The Collegiate Board of the Central Bank of Brazil, in a session held on 03.07.96, based on art. 10, items III and IV, of Law No. 4.595 of 31.12.64, as amended by arts. 19 and 20 of Law No. 7.730 of 31.01.89, and on Resolution No. 1.857 of 15.08.91,
D E C I D E D:
Art. 1 To set at 0% (zero percent) the rate of the compulsory reserve/required deposit established by Circular No. 2563 of 27.04.95.
Art. 2 This Circular enters into force on the date of its publication, with effects from the calculation period of 08 to 12.07.96, whose adjustment will take place on 19.07.96.
Brasília, 03 July 1996.
Francisco Lafaiete de Pádua Lopes
Director
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- Definition / condition 3
- background, boilerplate
Lineage: Superseded
A newer document in RegAlert replaces this one.
The links and the sentences they come from (2)
- Superseded by
“II - Circular No. 2,704, of July 3, 1996;”
- Amends
“Amends the rate of the compulsory reserve/required deposit referred to in Circular No. 2563 of 27.04.95.”
Mentions (1): 1 document mentions this one without changing it
- Referred to by
“Taking into account the issuance of Circular No. 2704 of 03.07.96, we communicate that the institutions mentioned in Article 2 of Circular No. 2563 of 27.04.95 are exempted”
Timeline
Amended 1 time · last 2022-02-23
- 2022-02-23
BCBBCB Resolution No. 191 Revokes Normative Acts Regarding Compulsory Depositssupersedes
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