Jurisdictions. Immunity.

Original Language Title: Jurisdicciones. Inmunidad.

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FOREIGN government agencies foreign agencies act 26.961 jurisdictions. Immunity. Adopted: 6 August 2014 promulgated: August 7, 2014 the Senate and Chamber of deputies of the Argentina nation gathered in Congress, etc. (sanctioned with force of law: article 1 ° - established that foreign central banks or other foreign monetary authorities are immune from the jurisdiction of the Argentine courts with the exception of the cases referred to below: to) express consent expressed in writing through an international treaty, agreement, agreement of arbitration or by written statement after the start of a judicial or arbitration dispute; (b) a counterclaim based on the same legal relationship or the same facts to the principal demand; and (c) when demand versare about an alien to its own functions activity and the jurisdiction of the Argentine courts arising out of the invoked contract or of international law.
Article 2 ° - for the purposes of this Act, be understood by foreign monetary authority to foreign government agencies responsible for design, study, run and take credit and exchange rate measures for the regulation of monetary circulation and exchange rate and financial market liquidity as well as also to ensure the normal operation of internal and external payments in the economy guarding the stability of the value of the currency. Them active of a bank Central foreign or an authority monetary foreign enjoy of immunity of execution and/or however in those courts Argentine concerning any measure coercive that could affect to such active.
Article 3 ° - the immunity referred to in the foregoing article shall apply in the same measure in which the assets of the Central Bank of the Argentina Republic, in his capacity as national monetary authority, enjoy immunity under the law of the country to which belongs the foreign Central Bank or foreign monetary authority concerned.
Article 4 ° - the Central Bank of the Republic Argentina will sign the relevant international instruments within the framework of its own regulations and the powers of this Act.
Article 5 ° - contact the national executive power.
https://www.boletinoficial.gob.ar/pdf/linkQR/L1FNanFBN1NEdWhycmZ0RFhoUThyQT09 given in the room of session of the Argentine Congress in BUENOS AIRES, to the six days of the month of August two thousand FOURTEEN year.
-REGISTERED UNDER NO. 26.961 - JULIAN A. DOMINGUEZ. -John H. Estrada. -Lucas Chedrese. -Gerardo Zamora.

Date of publication: 08/08/2014 https://www.boletinoficial.gob.ar/pdf/linkQR/L1FNanFBN1NEdWhycmZ0RFhoUThyQT09