Rule · NBS · 18 Feb 2014
Národná banka Slovenska issued Decree No 3/2014 to formally repeal Decree No 1/2000, which previously regulated the conduct of foreign exchange places regarding cross-border and non-resident payments. This legislative action removes the outdated regulatory framework established in January 2000 concerning foreign exchange procedures. The repeal becomes effective on 1 April 2014, as stipulated in the final article of the decree.
DECREE
No 3/2014 of Národná banka Slovenska of 18 February 2014 repealing Decree No 1/2000 of Národná banka Slovenska stipulating how foreign exchange places are to proceed in respect of cross-border payments and payments vis-à-vis non-residents Národná banka Slovenska, pursuant to Article 12(6) of Act No 202/1995 Coll. of the National Council of the Slovak Republic – the Foreign Exchange Act – and the Act amending Act No 372/1990 Coll. of the National Council of the Slovak Republic on infringements, as amended, stipulates as follows:
Article 1
Decree No 1/2000 of Národná banka Slovenska of 7 January 2000 stipulating how foreign exchange places are to proceed in respect of cross-border payments and payments visà-vis non-residents (Notification No 9/2000 Coll.) is hereby repealed.
Article 2
This Decree shall enter into force on 1 April 2014.
Jozef Makúch
Governor
Issuing unit: Regulation Department
Tel.: +421 2 5787 3301
Fax: +421 2 5787 1118
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“Decree No 1/2000 of Národná banka Slovenska of 7 January 2000 stipulating how foreign exchange places are to proceed in respect of cross-border payments and payments vis-à-vis non-residents (Notification No 9/2000 Coll.) is hereby repealed.”
“pursuant to Article 12(6) of Act No 202/1995 Coll. of the National Council of the Slovak Republic – the Foreign Exchange Act”
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