Decree No. 323 / 2024 Coll.

Decree amending Decree No. 253 / 2013 Coll., laying down the conditions for the creation of reserve requirements

Valid Order Effective from 01.01.2025
Contents
323
DECLARATION
of 21 October 2024
amending Decree No 253 / 2013 Coll., laying down the conditions for the creation of minimum reserves
The Czech National Bank provides pursuant to § 26 of Act No. 6 / 1993 Coll., on the Czech National Bank, as amended by Act No. 227 / 2013 Coll.:
Čl. I
In Article 3 (1) (a) and (b) of Decree No 253 / 2013 Coll., laying down the conditions for the creation of reserve requirements, "2% 'is replaced by" 4%'.
Čl. II
Transitional provision
The reserve requirement rate provided for in Article 3 (1) (a) and (b), as effective from the date of entry into force of this Decree, shall apply for the first time for a maintenance period beginning on 2 January 2025.
Čl. III
Efficacy
This Decree shall take effect on 1 January 2025.
Governor:
Michl, Ph.D., v. r.

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Regulation Information

CitationDecree No. 323 / 2024 Coll., amending Decree No. 253 / 2013 Coll., laying down the conditions for the creation of reserve requirements
Regulation TypeOrder
Author-
CollectionCode of Laws
Date of Promulgation07.11.2024
Effective from01.01.2025
Effective until-
Status Valid
Legal Areas: Banking, Money Finance
The regulation text is for informational purposes only.
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