Resolution CMN No. 2198 — Amends Article 4 of Resolution No. 2,190 of August 23, 1995

RESOLUTION NO. 002198

Amends Article 4 of Resolution No. 2,190, of August 23, 1995.

The CENTRAL BANK OF BRAZIL, in accordance with Article 9 of Law No. 4,595, of December 31, 1964, makes public that the President of the NATIONAL MONETARY COUNCIL, by act of September 4, 1995, based on Article 8, paragraph 1, of Law No. 9,069, of June 29, 1995, "ad referendum" of said Council, and having in view the provisions of Article 7 of Decree-Law No. 2,291, of November 21, 1986,

RESOLVES:

Article 1. Amend Article 4 of Resolution No. 2,190, of August 23, 1995, which shall henceforth read as follows:

"Article 4. This Resolution enters into force on the date of its publication, producing effects from August 21, 1995, it being established that any release of resources pertinent to the compulsory reserve/deposit requirement shall occur from September 5, 1995, with Resolution No. 2,106, of August 31, 1994, being revoked."

Article 2. This Resolution enters into force on the date of its publication.

Brasília, September 4, 1995.

Gustavo Jorge Laboissière Loyola
President