Resolution No. 3452 Amending Article 1 of Resolution No. 3,334 of December 22, 2005

RESOLUTION NO. 3452

Amends Article 1 of Resolution No. 3,334 of December 22, 2005, which authorizes transfers to and from abroad related to applications by investment funds.

The CENTRAL BANK OF BRAZIL, in accordance with Article 9 of Law No. 4,595 of December 31, 1964, makes public that the NATIONAL MONETARY COUNCIL, in a session held on April 26, 2007, based on Article 4, items V, VIII, and XXXI, and Article 57 of the aforementioned Law, and on Article 65, paragraph 2, of Law No. 9,069 of June 29, 1995, and having regard to the provisions of Law No. 10,303 of October 31, 2001,

RESOLVES:

Article 1. Article 1 of Resolution No. 3,334 of December 22, 2005, shall enter into force with the following wording:

"Article 1. Investment funds may carry out transfers to and from abroad related to their applications abroad, subject to the limits and other norms prescribed by the Securities and Exchange Commission in the exercise of its duties, without prejudice to the competence of the Central Bank of Brazil."

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

Brasília, April 26, 2007.

Antonio Gustavo Matos do Vale
Interim President