Regulatory Alerts2020-03-20
Added · Updated
Decision on the Issuance of the 2 Convertible Mark Coin
The Central Bank of Bosnia and Herzegovina issues 2 Convertible Mark coins dated 2019, which are declared legal tender throughout the country. All public and private institutions, legal entities, and natural persons are obligated to accept these coins at face value in cash transactions and debt settlements. The coins are released into circulation successively by the Central Bank in accordance with the coin issuance plan, with the decision entering into force eight days after publication in the Official Gazette of Bosnia and Herzegovina and other official journals.
CENTRAL BANK OF BOSNIA AND HERZEGOVINA Ref: UV-122-01-1-988-3/20 Sarajevo, 20.03.2020.
Pursuant to Article 2, paragraph 3, item h), Article 7, item a), Article 39, and Article 45 of the Law on the Central Bank of Bosnia and Herzegovina ("Official Gazette of BiH", nos. 1/97, 29/02, 13/03, 14/03, 09/05, 76/06 and 32/07), the Governing Board of the Central Bank of Bosnia and Herzegovina, at its 3rd meeting held on 19.3.2020, adopts
DECISION on the issuance of the 2 Convertible Mark coin
Article 1. (Coin) The Central Bank of Bosnia and Herzegovina has minted the 2 Convertible Mark coin, year of issue "2019".
Article 2. (Basic features and design of the coin) The coin referred to in Article 1 of this Decision has basic features and design as fully determined by the Decision on the issuance, basic features and circulation of the 1 and 2 Convertible Mark coins ("Official Gazette of BiH", no. 20/00).
Article 3. (Legal tender) In accordance with the Law on the Central Bank of Bosnia and Herzegovina, all public and private institutions and establishments, legal and natural persons are obliged to accept the coin referred to in Article 1 of this Decision at its nominal value as legal tender, when offered in cash transactions, or in settlement and payment of any obligations towards them, throughout the territory of Bosnia and Herzegovina.
Article 4. (Issuance of the coin) With the entry into force of this Decision, the Central Bank of Bosnia and Herzegovina will, through the Central Office, main units and branches, issue the coin referred to in Article 1 of this Decision into circulation successively, in accordance with the coin issuance plan.
Article 5. (Entry into force) This Decision shall enter into force on the eighth day from the date of publication in the "Official Gazette of BiH", and shall also be published in the "Official Gazette of the Federation of BiH", the "Official Gazette of the Republika Srpska" and the "Official Gazette of the Brčko District of BiH".
Chairman of the Governing Board of the Central Bank of Bosnia and Herzegovina
GOVERNOR dr. Senad Softić
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