Circular No. 2.942

CIRCULAR No. 002942 ------------------ Restores the possibility of granting authorization to administer consortium groups. The Collegiate Board of the Central Bank of Brazil, in a session held on 20 October 1999, based on art. 33 of Law No. 8.177, of 1 March 1991, D E C I D E D: Art. 1 Restore the possibility of granting authorization to administer consortium groups. Art. 2 This Circular enters into force on the date of its publication. Art. 3 Art. 8 of Circular No. 2.861, of 10 February 1999, is revoked. Brasília, 20 October 1999 Sérgio Darcy da Silva Alves Director