Law 27, 1990 The Acb May Advance Loans From The Central Bank Of Syria To Fund Public Projects And Joint And Collaborative
Original Language Title: القانون 27 لعام 1990 يجوز للمصرف الزراعي التعاوني أن يستلف قروضا من مصرف سورية المركزي لتمويل مشاريع القطاعات العام والتعاوني والمشترك
Read the untranslated law here: http://parliament.gov.sy/arabic/index.php?node=201&nid=16544&RID=-1&Last=10058&First=0&CurrentPage=12&Vld=-1&Mode=&Service=-1&Loc1=&Key1=&SDate=&EDate=&Year=&Country=&Num=&Dep=-1&
Law 27, 1990 the ACB may advance loans from the Central Bank of Syria to fund public projects and cooperative and joint President of the Republic based on the Constitution and approved by the people's Council meeting of 25-2-1411 14-10-1990 issued: article – 1 – ACB may to finance public and private sectors and for purposes of paragraphs II and III of article 10 of the law on agricultural cooperative bank issued by Legislative Decree No 141 of 1970 A-to advance or borrows money from the Central Bank of Syria under the conditions specified in articles (28-29-30-31-32) the basic monetary system promulgated by Legislative Decree No 87 1953 b-to advance or borrows money from the Central Bank of Syria under the conditions specified in article 33 of the basic monetary system contrary to the provisions of paragraphs (a – b – d) article 33.
And loans and advances may be granted in accordance with the provisions of this paragraph walmtalib encumbered meet deadlines do not exceed medium-term loans for five years and ten years for long term loans.
Article 2 – this law shall be published in the Official Gazette and the date of issuance.
Damascus on 4 March 1411, 23 October 1990 President Hafez Al-Assad
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