Individual decision · BFM · 2 Mar 2017
Issued by the President of Madagascar acting in Council of Ministers, Decree No. 2017-154 appoints eight non-executive administrators to Banky Foiben'i Madagasikara, designating five for a five-year term and three for a three-year term according to their respective affiliations with the Presidency, Senate, and National Assembly. The decree explicitly repeals all prior conflicting provisions, particularly Decree No. 2013-422, and charges the Minister of Finance and Budget together with the Bank’s Governor to enforce these appointments. Entering into force immediately upon radio or television broadcast rather than waiting for official journal publication, this urgent measure secures the central bank’s administrative leadership.
REPOBLIKAN'I MADAGASIKARA
Fitiavana - Tanindrazana - Fandrosoana
MINISTRY OF FINANCE AND BUDGET
DECREE NO. 2017-154 appointing the Non-Executive Administrators of Banky Foiben'i Madagasikara.
THE PRESIDENT OF THE REPUBLIC,
In Council of Ministers
H E R E B Y D E C R E E S
Article 1: The following are appointed as Non-Executive Administrators of Banky Foiben'i Madagasikara for a term of five (5) years
On behalf of the Presidency of the Republic
Article 2: The following are appointed as Non-Executive Administrators of Banky Foiben'i Madagasikara for a term of three (3) years
On behalf of the Presidency of the Republic
Article 3: All prior provisions contrary to this Decree are and remain repealed, notably those of Decree No. 2013-422 of June 12, 2013 appointing the Administrators of the Central Bank of Madagascar.
*
Article 4: The Minister of Finance and Budget as well as the Governor of Banky Foiben'i Madagasikara are charged with the execution of this Decree.
Article 5: Due to urgency, and in accordance with Articles 4 and 6(2) of Ordinance No. 62-041 of September 19, 1962 on general provisions of domestic and private international law, this Decree enters into force immediately upon publication by radio or television broadcast, independently of its insertion in the Official Journal of the Republic.
Done in Antananarivo, on March 2, 2017
THE PRESIDENT OF THE REPUBLIC:
RAJAONARIMAMPIANINA Hery Martial
The Prime Minister, Head of Government
MAHAFALY Solonandrasana Olivier
The Minister of Finance and Budget
RAKOTOARIMANANA François Marie Maurice Gervais
FOR TRUE COPY
Antananarivo, March 17, 2017
THE SECRETARY GENERAL
OF THE GOVERNMENT
FARATIANA Tsihoara Eugène
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The documents this one cites, and the documents that cite it.
“All prior provisions contrary to this Decree are and remain repealed, notably those of Decree No. 2013-422 of June 12, 2013 appointing the Administrators of the Central Bank of Madagascar.”
“Having regard to Law No. 2016-004 of July 29, 2016, supplemented by Law No. 2016-057 of February 2, 2017 establishing the Statutes of Banky Foiben'i Madagasikara;”
“Having regard to Law No. 2016-004 of July 29, 2016, supplemented by Law No. 2016-057 of February 2, 2017 establishing the Statutes of Banky Foiben'i Madagasikara;”
“Having regard to Law No. 2016-004 of July 29, 2016, supplemented by Law No. 2016-057 of February 2, 2017 establishing the Statutes of Banky Foiben'i Madagasikara;”
“Due to urgency, and in accordance with Articles 4 and 6(2) of Ordinance No. 62-041 of September 19, 1962 on general provisions of domestic and private international law, this Decree enters into force immediately upon publication by radio o…”
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Source: Banky Foiben'i Madagasikara — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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