Decree Of 29 October 2002

Original Language Title: Decreto de 29 de outubro de 2002

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Get a Day Pass for only USD$19.99.
DECREE of 29 OCTOBER 2002 recognizes as of interest to the Brazilian Government foreign corporate participation in the share capital of the BESC S.A. Home Loans-BESCRI.
The PRESIDENT of the REPUBLIC, in the use of the role that gives the art. 84, section IV, of the Constitution, and in view of the provisions of art. 52, sole paragraph, of the Act of the Transitional constitutional provisions, D and C R E T a: Art. 1 is of interest to the Brazilian Government foreign corporate participation, up to 100%, capital of the BESC Crédito Imobiliário S.A..
Art. 2 the Central Bank of Brazil will adopt the measures necessary for the implementation of the provisions of this Decree.
Art. 3 this Decree shall enter into force on the date of its publication.
Brasília, 29 October 2002; 181 of independence and 114 of the Republic.
FERNANDO HENRIQUE CARDOSO, Pedro Malan