CMN Resolution No. 3519 — Extends Deadline for Contracting Operations under Special Credit Line with Federal Subsidy for Ornamental Stone, Wood Processing, Leather Processing, Footwear, Textile, and Wooden Furniture Sectors

RESOLUTION NO. 003519

Extends deadline for contracting operations under the special credit line, with economic subsidy by the Union, for financing and loans to companies in the sectors of ornamental stones; wood processing; leather processing; footwear and leather articles; textiles; manufacturing, including household linen, and wooden furniture.

THE CENTRAL BANK OF BRAZIL, in accordance with Article 9 of Law No. 4,595 of December 31, 1964, makes public that the MONETARY COUNCIL, in an extraordinary session held on December 6, 2007, based on Article 4, item VI, of the aforementioned law, and Article 2, § 5, of Law No. 11,529 of October 22, 2007,

RESOLVES:

Article 1. Item VII of Article 1 of Resolution No. 3,504 of October 26, 2007 shall be effective with the following wording:

"VII - contracting deadline: until June 30, 2008, for operations protocolized at BNDES, Banco do Brasil S.A., and Caixa Econômica Federal;"

Article 2. This resolution enters into force on the date of its publication.

Brasília, December 6, 2007.

Henrique de Campos Meirelles
President