Rule · BCB · 27 Apr 1995 · Resolução CMN 2155
Resolution CMN No. 2155 establishes the Reserve for the Promotion of Currency Stability and Check Use (RECHEQUE), managed by the Central Bank of Brazil, to fund the dissemination and promotion of national currency stability and proper check usage, as well as the creation and dissemination of the Register of Issuers of Checks without Funds (CCF). It mandates the transfer of all existing resources from the Fund for the Promotion of Proper Check Use (FUNCHEQUE) to the newly created RECHEQUE. The Central Bank of Brazil is authorized to issue necessary execution norms and to utilize RECHEQUE resources for awareness campaigns either directly or through agreements with federal public administration entities. The resolution enters into force on the date of its publication.
Amends Chapter IV of the Regulation annexed to Resolution No. 1,631, of August 24, 1989, with the wording given by Resolution No. 1,682, of January 31, 1990, and by Circular No. 1,590, of March 9, 1990.
THE CENTRAL BANK OF BRAZIL, in accordance with Article 9 of Law No. 4,595, of December 31, 1964, makes public that the MONETARY COUNCIL NATIONAL, in a session held on April 27, 1995, considering the provisions of
Article 4, item VIII, of the aforementioned Law, and Article 69 of Law No. 7,357,
of September 2, 1985,
RESOLVED:
Article 1. Chapter IV of the Regulation annexed to Resolution
No. 1,631, of August 24, 1989, with the modifications introduced by Resolution No. 1,682, of January 31, 1990, and by Circular No. 1,590, of March 9, 1990, shall enter into force with the following wording:
"CHAPTER IV
On the Reserve for the Promotion of Currency Stability and the Use of the Check
Article 21. The service rate referred to in Article 20 shall revert
in favor of a special reserve, managed by the Central Bank of Brazil, known as the Reserve for the Promotion of Currency Stability and the Use of the Check (RECHEQUE), intended to sponsor the dissemination and promotion of the defense of the stability of the national currency and the proper use of the check, as well as to cover expenses related to the preparation and dissemination of the Register of Issuers of Checks without Funds (CCF)."
Article 2. Transfer the resources currently existing in the
Fund for the Promotion of Proper Check Use (FUNCHEQUE) to the Reserve for the Promotion of Currency Stability and the Use of the Check (RECHEQUE).
Article 3. Delegate competence to the Central Bank of Brazil to issue the norms deemed necessary for the execution of the provisions of this Resolution.
Article 4. Determine that the use of RECHEQUE in
campaigns for dissemination and promotion of the defense of currency stability and the proper use of the check shall be carried out by the Central Bank of Brazil or through an agreement between it and entities of the Direct or Indirect Federal Public Administration.
Article 5. This Resolution enters into force on the date of its
publication.
Brasília, April 27, 1995
Persio Arida
President
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Amended 1 time · last 1995-08-31
This document amends: Circular No. 1590 - Establishes the FUNCHEQUE Regulation and Amends Article 21 of the Regulation Annexed to Resolution No. 1,631, of 08.24.89, Resolution CMN No. 1682 — Amends the Regulation annexed to Resolution No. 1,631 of August 24, 1989, and establishes a new effective date, Resolution CMN No. 1631 — Low Regulation for the Opening and Movement of Demand Deposit Accounts and Authorizes the Central Bank of Brazil to Issue Norms
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