Exceptional Measures for Cash Withdrawals — BDL — LB

Circular No. 635
To Banks

Reference No. 13463 dated 27/07/2022 concerning the amendment of Basic Decision No. 13384 dated 16/12/2021 (Exceptional measures for cash withdrawals) attached to Basic Circular No. 161.

Beirut, July 27, 2022
Governor of the Central Bank of Lebanon
Riad T. Salame

Interim Decision No. 13463
Amendment of Basic Decision No. 13384 dated 16/12/2021

The Governor of the Central Bank of Lebanon, pursuant to the Monetary and Loan Law, particularly Articles 70 and 174 thereof, pursuant to Basic Decision No. 13384 dated 16/12/2021 and its amendments concerning exceptional measures for cash withdrawals, pursuant to the decision of the Central Bank Council taken in its meeting held on 27/07/2022,

decides as follows:

Article One: The text of Article Four of Basic Decision No. 13384 dated 16/12/2021 is repealed and replaced with the following:
"This Decision shall take effect upon its issuance and its conditions shall apply for a period ending on 31/08/2022, subject to renewal."

Article Two: This Decision shall take effect upon its issuance.

Article Three: This Decision shall be published in the Official Gazette.

Beirut, July 27, 2022
Governor of the Central Bank of Lebanon
Riad T. Salame

Lineage: No known changes

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Amends

Four of Basic Decision No. 13384 dated 16/12/2021Not in RegAlert
“The text of Article Four of Basic Decision No. 13384 dated 16/12/2021 is repealed and replaced with the following”