Circular Special Services - SERVI 1 - 6. Collection of contributions for the National Housing Fund (Laws No. 21,581 and 23,060)

BANCO CENTRAL DE LA REPÚBLICA ARGENTINA
COMMUNICATION "A" 481 05/18/84
TO THE FINANCIAL INSTITUTIONS:
Ref.: Circular SPECIAL SERVICES - SERVI - 1

• 6. Collection of contributions for the National Housing Fund (Laws No. 21,581 and 23,060).
  We address you to inform you that, pursuant to the provisions of Law No. 23,060 which restores the contributions referred to in subsections b) and c) of Article 3 of Law No. 21,581, this Institution resolved to issue the pertinent procedural rules for the provision of the collection service for said contributions, which are attached in the annex. We greet you very attentively. BANCO CENTRAL DE LA REPÚBLICA ARGENTINA Néstor J. Taró Manager of Regulations for Financial Institutions Carlos Fagioli Deputy General Manager
  ANNEX

B.C.R.A. RULES FOR THE COLLECTION OF CONTRIBUTIONS FOR THE NATIONAL HOUSING FUND
Annex to
Com. "A" 481

1. Contribution of self-employed workers and employers (excluding Provincial and Municipal Administrations)
   1.1. Commercial banks shall participate, through their head offices, parent companies, and branches.
   1.2. Those obligated shall detail the contribution in favor of the National Housing Fund on the same form currently in use for previsional deposits, clarifying the concept with the denomination "FO.NA.VI.", if not pre-printed.
   1.3. Deposits made by checks or money orders must be presented at the paying offices of said documents, so values on other offices will not be accepted.
   1.4. In all other aspects, the collecting banking entities shall adhere to the rules of Circular SPECIAL SERVICES - SERVI - 1 (Communication "A" 89), points 1 and 2 of Chapter V, as applicable.
2. Contribution of Provincial and Municipal Administrations
   2.1. Commercial banks and the National Mortgage Bank shall participate through their head offices, parent companies, and branches.
   2.2. Deposits made to the special account "Secretariat of Housing and Environmental Planning - National Housing Fund", opened at the National Mortgage Bank, shall be accepted.
   2.3. Special forms provided to fulfill these contributions shall be used, consisting of three elements:

• stub for the depositor
• stub for the Bank
• stub to be sent to the National Directorate of Previsional Collection.
  2.4. Transitorily, deposits shall be recorded in an account with the same denomination, until the moment of transfer of funds in accordance with the provisions of this point 2.
  2.5. The banking offices receiving the funds shall daily prepare a schedule according to model "A" referred to in point 1.18, Chapter V, of Circular SPECIAL SERVICES - SERVI - 1 (Communication "A" 89), detailing the amounts collected, with the denomination "For the special account - Secretariat of Housing and Environmental Planning - National Housing Fund" opened at the National Mortgage Bank.
  In said schedule, the respective commission provided for this service (point 2.1., Chapter VII of Circular SPECIAL SERVICES - SERVI - 1 (Communication "A" 89)) shall be deducted from the total collection, thereby obtaining the net total to be transferred within the terms and in the manner provided in this point 2.

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Said schedules shall be made in triplicate and shall have the following destination:
Original: for the banking office receiving the funds.
Duplicate: for the National Directorate of Previsional Collection Triplicate: for the head office.
With the duplicates of the schedules in question, the stubs of the deposit forms destined for the National Directorate of Previsional Collection shall be attached, in the order in which their amounts were recorded in those schedules.
2.6. The net total resulting from the model "A" schedule, each branch shall transfer to its head office daily. With the transfer of the pertinent funds, the branch shall send to its head office the duplicates of the model "A" schedules with the stubs of the deposit forms in the manner provided. It shall also send the triplicate to its head office.
2.7. The head office shall total the transfers from its branches plus its own collection, using for this purpose a model "B" schedule also referred to in Circular SPECIAL SERVICES - SERVI - 1, point 1.19., Chapter V (Communication "A" 89), which shall reflect the net totals recorded in the model "A" schedules.
Said model "B" schedules shall be prepared in triplicate with the denomination "To be credited to the special account Secretariat of Housing and Environmental Planning - National Housing Fund, at the National Mortgage Bank". The schedules in question shall have the following destination:
Original: for the head office.
Duplicate: for the National Mortgage Bank.
Triplicate: for the National Directorate of Previsional Collection.
2.8. The totals of each model "B" schedule shall be deposited daily in the National Mortgage Bank according to the following procedure:
2.8.1. Banking entities with head offices in provincial capitals (except in the city of La Plata) and in the National Territory of Tierra del Fuego, Antarctica and South Atlantic Islands, shall do so at the respective local branch of the National Mortgage Bank.
2.8.2. Banks with head offices in the Federal Capital, in the Province of Buenos Aires, and in inland localities that are not provincial capitals, or of the National Territory of Tierra del Fuego, Antarctica and South Atlantic Islands, shall deposit the funds in question at the head office of the National Mortgage Bank.
For this purpose, a note or credit form similar to model "C" referred to in Circular SPECIAL SERVICES - SERVI - 1, point 1.20., Chapter V (Communication "A" 89), shall be used, which shall be delivered to the National Mortgage Bank together with the duplicates of the corresponding model "B" schedules. The National Mortgage Bank shall stamp and sign the duplicate and triplicate of model "C" as proof of payment.

B.C.R.A. RULES FOR THE COLLECTION OF CONTRIBUTIONS FOR THE NATIONAL HOUSING FUND
Annex to
Com. "A" 481
The model "C" schedules shall be prepared in triplicate, inserting the following denomination: "To the National Mortgage Bank. So that it may credit to the account 'Secretariat of Housing and Environmental Planning - National Housing Fund'.". Such schedules shall have the following destination:
Original: for the National Mortgage Bank.
Duplicate: for the head office.
Triplicate: for the National Directorate of Previsional Collection.
2.9. Deposits of the banks at the National Mortgage Bank may be made in cash or check payable in the locality.
2.10. Daily, the banks shall deliver to the National Directorate of Previsional Collection the duplicate of the model "A" schedules together with the stubs of the deposit forms and the triplicates of the model "B" and "C" schedules.
2.11. The rendering of accounts and sending of the respective documentation shall be made to the National Directorate of Previsional Collection, Carlos Pellegrini Street 53, Federal Capital.
3. As regards their own contributions, banks may not charge any commission.