CMN Resolution No. 3666 — Amends Provisions of Resolutions Nos. 3575 of May 29, 2008, and 3639 of November 26, 2008

RESOLUTION NO. 003666

Amends provisions of Resolutions
Nos. 3575, of May 29, 2008, and
3639, of November 26, 2008.

The Central Bank of Brazil, in accordance with Article 9 of Law No.
4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on December 17, 2008, considering the provisions of Articles 4, item VI, of the aforementioned Law, 4 and 14 of Law No. 4,829, of November 5, 1965, 5 of Law No. 10,186, of February 12, 2001, and 41 of Law No. 11,775, of September 17, 2008,

RESOLVES:

Article 1. The extension until March 31, 2009, of the date defined in item "b" of item IV of Article 2 of Resolution No. 3575, of May 29, 2008, is authorized for financial agents to formalize the renegotiation of debts provided for therein, maintaining the payment date stated in item I of the aforementioned Article 2, with the wording given by Resolution No. 3646, of November 26, 2008.

Article 2. Article 1 of Resolution No. 3639, of November 26, 2008, shall be effective with the following wording:

"Article 1. .............................................
.......................................................
II - beneficiaries: rural producers and their cooperatives that renegotiated or will renegotiate their investment operations with resources from BNDES, in accordance with Article 2 of Resolution No. 3575, of May 29, 2008, and its amendments, and whose assets or projects subject to financing are located in the Centro-Oeste Region;
.......................................................
XIII - the formalization of the operations by financial agents may be carried out until March 31, 2009." (NR)

Article 3. This Resolution enters into force on the date of its
publication.

Brasília, December 17, 2008.

Henrique de Campos Meirelles
President