Instruction No. 15/98 on the Cancellation of the Stock Exchange Transaction Levy — AMF-UMOA — SN

WEST AFRICAN MONETARY UNION
REGIONAL COUNCIL FOR PUBLIC SAVINGS AND FINANCIAL MARKETS

INSTRUCTION NO. 15/98 ON THE CANCELLATION OF THE STOCK EXCHANGE TRANSACTION LEVY

Having regard to the Convention of July 3, 1996 establishing the Regional Council for Public Savings and Financial Markets, hereinafter referred to as the Regional Council,

Having regard to Article 15 of the annex to said Convention,

Having regard to Decision No. 001/97 of the Council of Ministers of the West African Monetary Union, in its session of November 28, 1997, adopting the General Regulations relating to the Organization, Operation and Control of the regional financial market of the UMOA, hereinafter referred to as the General Regulations,

Having regard to Article 3 of Decision No. 002/07/98 of the Council of Ministers of the UMOA, in its session of July 2, 1998, adopting the budget for the fiscal years 1997 and 1998 of the Regional Council for Public Savings and Financial Markets,

Having regard to Instruction No. 9/98 relating to the stock exchange transaction levy,

Having regard to the deliberations of the Regional Council, in its session of September 22, 1998,

THE REGIONAL COUNCIL DECIDES:

Article 1:
The levies on stock exchange transactions of 3‰ on capital titles and private borrowings and 2‰ on borrowings issued by States and community bodies are abolished.

Article 2:
All prior provisions contrary to this instruction are repealed, and notably Instruction No. 9/98 relating to the stock exchange transaction levy.

Article 3:
This instruction shall be published wherever necessary.

Done at Abidjan, on September 22, 1998
For the Regional Council
The President
L. NAKA

Lineage: No known changes

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The links and the sentences they come from (3)

Supersedes

Instruction No. 9/98 relating to the stock exchange transaction levyNot in RegAlert · 1998
“Article 2: All prior provisions contrary to this instruction are repealed, and notably Instruction No. 9/98 relating to the stock exchange transaction levy.”

Issued under

Decision No. 001/97 of the Council of Ministers of the West African Monetary UnionNot in RegAlert · Council of Ministers of the West African Monetary Union · 1997
“Having regard to Decision No. 001/97 of the Council of Ministers of the West African Monetary Union, in its session of November 28, 1997, adopting the General Regulations relating to the Organization, Operation and Control of the regional …”
Decision No. 002/07/98 of the Council of Ministers of the UMOANot in RegAlert · Council of Ministers of the UMOA · 1998
“Having regard to Article 3 of Decision No. 002/07/98 of the Council of Ministers of the UMOA, in its session of July 2, 1998, adopting the budget for the fiscal years 1997 and 1998 of the Regional Council for Public Savings and Financial M…”