RegAlert1994-05-02
Added · Updated
Notice No. 07/94 of 2 May
The National Bank of Angola increases the minimum fully paid-up share capital for Exchange Houses to 7 billion new Kwanzas, formally amending Article 2 of Notice No. 6/92. This notice immediately enters into force and explicitly repeals Notice No. 14/93 of 24 December to enforce the updated financial requirement. The directive mandates immediate compliance to align exchange house capitalization with current monetary regulations.
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NOTICE No. 07/94
OF 2 MAY
Considering the need to update the minimum share capital of Exchange Houses provided for in Notice No. 6/92 of 12 August; In exercise of the powers attributed to the National Bank of Angola under Articles 16 and 43 of Law No. 4/91 of 20 April 1; I HEREBY DETERMINE:
Article 1
Paragraph (c) of Article 2 of Notice No. 6/92 of 12 August shall read as follows:
"To maintain a minimum share capital fully paid up in cash of not less than NKZ:7.000.000.000.00 (seven billion new Kwanzas)."
Article 2
This notice enters into force immediately and repeals Notice No. 14/93 of 24 December.
PUBLISHED
LUANDA, 7 MAY 1994
THE GOVERNOR
GENEROSO HERMENEGILDO GASPAR DE ALMEIDA
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Lineage: In force
Timeline
This document amends: Notice No. 6/92 of August 12, 1992
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Source: Banco Nacional de Angola — 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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