Key Benefits:
Article 1º. Authorize the Central Bank of Uruguay to proceed to the coinage of commemorative coins of the Centenary of the creation of the National Administration of Ports to the quantities and with the characteristics that are determined in the following items.
Article 2.-The Central Bank of Uruguay will be able to coin up to 5,000 (5,000) units with the following characteristics. The face value of each unit will be $1,000.00 (Uruguayan pesos thousand). The coin will be made of silver with a fine of 900 (nine hundred) thousandths. An alloy tolerance of 2% (2%) shall be permitted. It will have 12.50 (twelve and a half) grams of weight and 33 (thirty-three) millimeters in diameter. A weight tolerance of 2 per cent (two per cent) per thousand shall be permitted. Its shape will be circular and its singing striated.
Article 3º.-The Central Bank of Uruguay will determine the ornamental elements of the coins that will refer to the Centennial of the creation of the National Administration of Ports.
Article 4º.-The Central Bank of Uruguay shall be empowered to sell to the outside the coins whose coinage is authorized by this law, to dispose of its demonetization and the disposal of the demonized pieces.
Chamber of Sessions of the Chamber of Senators, in Montevideo, on April 12, 2016.
Comply, acknowledge receipt, communicate, publish and insert into the National Register of Laws and Decrees, the Law authorizing the Central Bank of Uruguay to proceed to the coinage of commemorative coins of the Centenary of the creation of the National Administration of Ports.
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 Montevideo, Uruguay. Legislative Power. |
