Central Bank. Tickets. - L. No. 393 Of 27 Nov. 1950.-Will Set New Types Of Banknotes And Coin Fractional. Modif. Article 60 Of The L. Org. Of The Bank And The Cap Ii Of The L. Currency Of 11 Of July

Original Language Title: BANCO CENTRAL. BILLETES.—L. Nº 393 DE 27 NOV. 1950.— SE FIJAN NUEVOS TIPOS DE BILLETES Y MONEDA FRACCIONARIA. MODIF. EL ART. 60 DE LA L. ORG. DEL BANCO Y EL CAP II DE LA L. MONETARIA DE 11 DE JULIO

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law no 393

MAMERTO URRIOLAGOITIA H.

CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA

For how much: the Honorable National Congress has sanctioned the following Law.

THE NATIONAL CONGRESS

DECCRETA:

ArtA-arse 1A ° .†"The Article 60 of the OrgA Act of the Central Bank of Bolivia is amended in the following terms:

The banknotes of the Central Bank of Bolivia shall be of the following types and Denominations:

10,000 Bolivianos equal 1,000 BolA-vars

5,000 Bolivians equal 500 BolA-vares

1,000 Bolivianos equal 100 BolA-vares

500 Bolivianos equal 50 BolA-vares

100 Bolivianos equal 10 BolA-vares

50 Bolivianos equal 5 BolA-vares

20 Bolivianos equal 2 BolA-vares

10 Bolivianos equal 1 BolA-var

Article 2A ° .†"The Chapter II of the Monetary Law of 11 July 1928 is amended in the following terms:

Article 3A ° .â€"The minor or fractional currencies shall be the Next:

From Bs. 5.a € " Medium BolA-var, copper, nine thin, 30 A-meter of diA, weight 8.5 grams, slotted.

Of Bs. 1.a € " Of copper, nine thin days, 27 mila-meters diA meter, weight 7 grams, slotted.

of Bs. 0.50 copper-zinc material, according to the current national agreement.

ArtA-ass 4A ° .†"The next or type will be the following:

Verse: Efigie of the BolA-var Simón Libertador.

Reverso: The hill of PotosA-.

ArtA-ass 5A ° .†"All the coins used according to the above specifications will have the cancellation value for all transactions of transactions of tax and private and the Bank receive and circulate with the same carA of your tickets.

ArtA-ass 6A ° .†"A reserve equal to 10% of each issue is established, which the Central Bank will keep on its own banknotes, to the order of the Supreme Government, which will be destined for the recovery of the issue if its circulation

ArtA-ass 7A ° .†"The previously issued coins will retain their release power for the value of their issuance and their amount will correspond to the amounts required by the the Central Bank.

Communicate to the Executive Branch for the purposes

The meeting room of the H. National Congress.

La Paz, 13 November 1950.

(Fdo.) John Ml. Balcazar.â € "(Fdo.) L. Lanza Solar.-â€" (Fdo.) C. LAñóspez Arce, Senator Secretario.â€" (Fdo.) P. Saucedo Barbery, Senator Secretario.†"(Fdo.) Julio Crespo, Diputado Secretario.â€" (Fdo.) Alberto Brito M., Deputy Secretary.

POR TANTO: The law has been enacted so that it can be and will comply with the Law of the Republic.

Government Palace, in the city of La Paz, at the twenty-seven days of November of a thousand nine hundred and fifty years.

(Fdo.) MAERTO URRIOLAGOITIA. € " (Fdo.) Julio Alvarado.