Resolution No. 1,484

RESOLUTION No. 001484 ------------------- THE CENTRAL BANK OF BRAZIL, in accordance with article 9 of Law No. 4,595, of 31.12.64, hereby makes public that the NATIONAL MONETARY COUNCIL, in a session held on this date, in view of the provisions of article 4, item VIII, of the aforementioned Law, R E S O L V E D: I - To grant the Central Bank of Brazil the authority to authorize the establishment of public service hours alternative to those provided for in Resolution No. 1,457, of 27.01.88, provided that it complies with the following criteria: a) a minimum of 5 (five) hours of service to the public; b) mandatory operation for the public from 11:00 a.m. to 1:00 p.m., Brasília time; c) public service hours must end at a time compatible with the local closing time of the Check and Other Instruments Clearing Service, observing the maximum limit of 4:30 p.m., Brasília time; d) the request must be submitted by the mayor of the municipality, after a favorable opinion from the Check and Other Instruments Clearing Service, having consulted the local banking financial institutions. II - The hours that are established shall enter into force 20 (twenty) days after their publication in the Official Gazette of the Union. III - This Resolution shall enter into force on the date of its publication. Brasília-DF, 25 May 1988 Juarez Soares Acting President