Rule · BCB · 29 Sep 2014 · Resolução CMN 4374
Article 1 of Resolution No. 4,170 is amended to redefine eligible beneficiaries for financing subject to economic subsidy under Law No. 12,096. The updated definition includes Brazilian-headquartered cereal companies that cumulatively perform drying, cleaning, standardizing, storing, and marketing of raw plant products, as well as Brazilian-headquartered wheat milling industries that store raw wheat grains. This resolution enters into force on the date of its publication.
The Central Bank of Brazil, pursuant to Article 9 of Law No. 4,595 of December 31, 1964, makes public that the National Monetary Council, in a session held on September 25 and 29, 2014, based on Article 4, item VI, of Law No. 4,595 of 1964, and Article 1, § 6, of Law No. 12,096 of November 24, 2009,
R E S O L V E S:
Article 1. Sub-item 'a' of item XIX of Article 1 of Resolution No. 4,170 of December 20, 2012, shall be effective with the following wording:
“a) beneficiaries: cereal companies, with headquarters and administration in Brazil, that cumulatively perform the activities of drying, cleaning, standardizing, storing, and marketing in natura plant-origin products; and wheat milling industries, with headquarters and administration in Brazil, that perform activities of storing in natura wheat grains;” (NR)
Article 2. This Resolution enters into force on the date of its publication.
Alexandre Antonio Tombini
President of the Central Bank of Brazil
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“Article 1. Sub-item 'a' of item XIX of Article 1 of Resolution No. 4,170 of December 20, 2012, shall be effective with the following wording”
“pursuant to Article 9 of Law No. 4,595 of December 31, 1964”
“and Article 1, § 6, of Law No. 12,096 of November 24, 2009”
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