RegAlert1993-11-28
Added · Updated
Notice No. 14/93 of November 29
The National Bank of Angola, through Governor Generoso Hermenegildo Gaspar de Almeida, issues this notice to update the minimum paid-up share capital requirement for Currency Exchange Houses. The regulation amends Article 2 of Notice No. 6/92 to mandate a minimum capital of 650,000,000.00 New Kwanzas. This amendment takes immediate effect upon publication.
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NOTICE NO. 14/93
OF NOVEMBER 29
Considering the need to update the share capital of Currency Exchange Houses as provided for in Notice No. 6/92 of August 12;
In exercise of the powers attributed to the National Bank of Angola by Articles 16 and 43 of Law No. 4/91 of April 20, I HEREBY DETERMINE:
Article 1
Subparagraph (c) of Article 2 of Notice No. 6/92 of August 12 shall be amended to read as follows:
"Possess a paid-up share capital of no less than NKZ:650.000.000.00 (Six Hundred and Fifty Million New Kwanzas)."
Article 2
This Notice enters into force immediately.
PUBLISH
LUANDA NOVEMBER 1993.-
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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