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Reordering Of The Financial System Decree 214/02 - Extension - Full Text Of The Norm

Original Language Title: REORDENAMIENTO DEL SISTEMA FINANCIERO DECRETO 214/02 - PRORROGA - Texto completo de la norma

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image inicio sitio infoleg MInisterio de Justicia y Derechos Humanos
REORDINATION OF THE FINANCIAL SYSTEM Law 25.642 Protract the application of the Reference Stabilization Coefficient (CER), established by Article 4 of Decree No. 214/2002, for debts below four hundred thousand pesos by individuals and/or legal persons. Sanctioned: August 15, 2002. Enacted: September 11, 2002.

The Senate and Chamber of Deputies of the Argentine Nation assembled in Congress, etc. sanction with force of Law:

ARTICLE 1 Prorrógase hasta el 30 de septiembre de 2002 la aplicación del Coeficiente de Estabilización de referencia (CER) --established by article 4° of Decree 214/02 for all obligations to give sums of money less than four hundred thousand pesos ($ 400,000) by individuals and/or legal persons. In the case of debtors of financial entities, the amount set out in the preceding paragraph shall be considered in relation to debt in the entire financial system. ARTICLE 2 Contact the Executive.

IN THE SESSION OF THE ARGENTINE CONGRESS, IN GOOD AIRES, TO THE FIFTH DAYS OF THE MONTH OF AUGUST OF THE YEAR.

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EDUARDO O. CHANGE. . JUAN C. MAQUEDA. . Eduardo D. Rollano. . Juan C. Oyarzún.