Law on the Central Bank of Bosnia and Herzegovina - Index

---

Law on the Central Bank of Bosnia and Herzegovina PUBLISHED: ("Official Gazette of BiH", 1/97) L A W ON THE CENTRAL BANK OF BOSNIA AND HERZEGOVINA INDEX

Chapter I ESTABLISHMENT, OBJECTIVES AND TASKS OF THE CENTRAL BANK
Article 1. Establishment of the Central Bank
Article 2. Objectives and basic tasks of the Central Bank
Article 3. Independence of the Central Bank
Article 4. International cooperation

Chapter II ORGANIZATION AND ADMINISTRATION OF THE CENTRAL BANK
Article 5. Organization of the Central Bank
Article 6. Functions of the Governing Board
Article 7. Powers of the Governing Board
Article 8. Constituting the Governing Board
Article 9. Remuneration of members of the Governing Board
Article 10. Who cannot be a member of the Governing Board
Article 11. Disqualification and removal of members of the Governing Board and their immunity
Article 12. Resignation of members of the Governing Board
Article 13. Vacancy in the Governing Board
Article 14. Sessions of the Governing Board
Article 15. Discussions at sessions of the Governing Board
Article 16. Statements by members of the Governing Board
Article 17. Composition of the Management of the Central Bank
Article 18. Powers of the Management of the Central Bank
Article 19. Succession in office
Article 20. Chief Controller of the Central Bank
Article 21. Staff of the Central Bank
Article 22. Officials, intermediaries and correspondents of the Central Bank
Article 23. Conflict of interest
Article 24. Confidentiality

Chapter III FINANCIAL PROVISIONS
Article 25. Capital of the Central Bank
Article 26. Calculation of net profit or net loss of the Central Bank
Article 27. Distribution of net profit of the Central Bank
Article 28. Allocation of net loss of the Central Bank
Article 29. Covering the deficit in the capital of the Central Bank

Article 30. Restrictions on the distribution of net profit

Chapter IV MONETARY FUNCTION AND ACTIVITIES OF THE CENTRAL BANK

Article 31. Rule for issuing currency (currency board arrangement)
Article 32. Official exchange rate for the currency of Bosnia and Herzegovina
Article 33. Guaranteed convertibility of the currency of Bosnia and Herzegovina
Article 34. Other financial transactions of the Central Bank
Article 35. Reporting
Article 36. Mandatory reserves of banks
Article 37. Money market operations

Chapter V MONETARY UNIT, BANKNOTS AND COINS
Article 38. Monetary unit
Article 39. Issuance and withdrawal of money
Article 40. Accounting procedure for issued money
Article 41. Legal tender
Article 42. Characteristics of currency and banknotes in the transitional period (Coupons)
Article 43. Printing and storage of currency
Article 44. Unsuitable currency
Article 45. Currency inventory and plan for printing or minting coins
Article 46. Withdrawal of currency
Article 47. Duplication and counterfeiting of currency

Chapter VI FOREIGN EXCHANGE RATE POLICY, FOREIGN EXCHANGE RESERVES
AND FOREIGN EXCHANGE CONTROL
Article 48. Foreign exchange control
Article 49. Clearing agreements and payment agreements
Article 50. Foreign exchange reserves
Article 51. Reporting on foreign exchange transactions

Chapter VII RELATIONS OF THE CENTRAL BANK WITH OTHER PUBLIC
INSTITUTIONS
Article 52. Banker, advisor and fiscal agent
Article 53. Consultations and reporting on public sector borrowing
Article 54. Depository and representative in payment
Article 55. Function of the fiscal agent
Article 56. Notifications to be submitted to the Central Bank

Chapter VIII RELATIONS OF THE CENTRAL BANK WITH BANKS
Article 57. Bank accounts in the books of the Central Bank

Article 58. Clearing and settlement facilities
Article 59. Information network

Chapter IX ACCOUNTS, FINANCIAL STATEMENTS, AUDIT AND
REPORTS OF THE CENTRAL BANK
Article 60. Financial year of the Central Bank
Article 61. Accounting procedures
Article 62. Financial statements of the Central Bank
Article 63. Audit of accounts of the Central Bank
Article 64. Sending and publication of statements and reports of the Central Bank

Chapter X MISCELLANEOUS PROVISIONS
Article 65. Consultations on legislative proposals
Article 66. Right of the Central Bank to priority
Article 67. Prohibited activities of the Central Bank
Article 68. Collection of statistical data
Article 69. Immunity of the Central Bank from taxation
Article 70. Regulations of the Central Bank
Article 71. Standards of good administration
Article 72. Transitional arrangements
Article 73. Trust accounts
Article 74. Definitions
Article 75. Repeal of previous legal provisions
Article 76. Entry into force