RegAlertRule · BCB · 24 Sep 2015 · Resolução CMN 4436
CMN Resolution No. 4436 — Amending Resolution No. 4,298 of December 30, 2013, Authorizing Rebates for Liquidation and Renegotiation of Credit Operations under Family Farm Strengthening Program Lines
Article 1 of Resolution No. 4,298 of December 30, 2013, is amended to establish a 70% rebate on the updated outstanding balance for liquidations completed by December 30, 2015, replacing all contractual compliance and liquidation bonuses. This resolution entered into force on the date of its publication.
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 September 24, 2015, and considering the provisions of Article 5-A of Law No. 8,427 of May 27, 1992, and the sole paragraph of Article 1 and Section 2 of Article 2 of Decree No. 8,177 of December 27, 2013,
R E S O L V E D:
Article 1. Section II of Article 1 of Resolution No. 4,298 of December 30, 2013, shall henceforth read as follows:
“II - liquidation by December 30, 2015: 70% (seventy percent) rebate on the updated outstanding balance, in substitution for all contractual compliance and liquidation bonuses.” (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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- Amends
“Section II of Article 1 of Resolution No. 4,298 of December 30, 2013, shall henceforth read as follows:”
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