CVM Instruction No. 316 of October 15, 1999

CVM INSTRUCTION NO. 316, OF OCTOBER 15, 1999.

Amends CVM Instruction No. 302, of May 5, 1999.

THE PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION - CVM makes public that the Collegiate Board, in a meeting held on this date, in view of the provisions of CMN Resolution No. 1,787, of February 1, 1991, and Article 19 of Law No. 6,385, of December 7, 1976, HAS DECIDED to issue the following Instruction:

Article 1. The deadline provided for in Article 109 of CVM Instruction No. 302, of May 5, 1999, for funds in operation to adapt to the provisions of that Instruction, is extended to January 31, 2000.

Article 2. This Instruction enters into force on the date of its publication in the Official Gazette of the Union.

Signed original by

FRANCISCO DA COSTA E SILVA
President