BANCO CENTRAL DE LA REPUBLIC ARGENTINA Decree 1887/92

Bs. As., 15/10/92

VISTO Draft Law No. 24.144, passed on 23 September 1992, and communicated by the HONORABLE CONGRESS OF NATION for the purposes provided for in Article 69 of the National Constitution and Decree No. 1860/92,y

CONSIDERING:

That a new assessment made within the scope of the NATIONAL EXECUTIVE PODER with respect to articles 7 and 36 of the Organic Charter of the BANCO CENTRAL OF THE ARGENTINA REPUBLIC, sanctioned in article 1 of the Draft Law registered under No. 24,144, regarding the requirement of the agreement of the HONORABLE SENADO DE LA NATION for the designation of the members of the Board of that Bank, leads to the actual decision.

That the point of view expressed in the above-mentioned consideration coincides with the view of the HONORABLE SENADO DE LA NATION and contributes to strengthening the mechanism of control of the republican system of government.

That the sanction of Act No. 20,677 does not preclude a new legislative pronouncement in the contrary to that rule.

Therefore,

THE PROVISORY CHAIRMAN OF THE SENATE OF NATION IN EXERCISE OF THE EXECUTIVE POWER

RIGHT:

Article 1 . Leave the article 3 of Decree No. 1860/92 without effect.

Art. 2o . Leave without effect article 12 of Decree No. 1860/92.

Art. 3o . With the salvedades established by Decree No. 1860/92, amended by the present, please fill in, promute and teagase by National Law the Bill registered under No. 24.144.

Art. 4o . Note the HONORABLE CONGRESS OF NATION.

Art. 5o . Communicate, publish, give to the National Directorate of the Official Register and archvese. . MENEM. . Domingo F. Cavallo.