Central Bank Sample Clauses
A Central Bank clause defines the role and responsibilities of a central bank in the context of the agreement. Typically, it specifies how the central bank will interact with the parties, such as by providing official exchange rates, acting as a payment intermediary, or regulating certain financial transactions. For example, the clause may require that all currency conversions use rates published by the central bank or that payments be processed through accounts held at the central bank. The core function of this clause is to ensure consistency, reliability, and regulatory compliance in financial dealings by referencing the authority and standards set by the central bank.
Central Bank. The term “
Central Bank. The Bank of England and any of its wholly owned subsidiaries.
Central Bank. SECTION 1.03 Commission. SECTION 1.04 Company.
Central Bank. Commission.
Central Bank. An institution that is by law or government sanction the principal authority, other than the government of Poland itself, issuing instruments intended to circulate as currency. Such an institution may include an instrumentality that is separate from the government of Poland, whether or not owned in whole or in part by Poland.
Central Bank. An institution that is by law or government sanction the principal authority, other than the government of India itself, issuing instruments intended to circulate as currency. Such an institution may include an instrumentality that is separate from the government of India, whether or not owned in whole or in part by India.
Central Bank. There shall be a Central Bank of Bosnia and Herzegovina, which shall be the sole authority for issuing currency and for monetary policy throughout Bosnia and Herzegovina.
1. The Central Bank’s responsibilities will be determined by the Parliamentary Assembly. For the first six years after the entry into force of this Constitution, however, it may not extend credit by creating money, operating in this respect as a currency board; thereafter, the Parliamentary Assembly may give it that authority.
2. The first Governing Board of the Central Bank shall consist of a Governor appointed by the International Monetary Fund, after consultation with the Presidency, and three members appointed by the Presidency, two from the Federation (one Bosniac, one Croat, who shall share one vote) and one from the Republika Srpska, all of whom shall serve a six-year term. The Governor, who shall not be a citizen of Bosnia and Herzegovina or any neighboring state, may cast tie-breaking votes on the Governing Board.
3. Thereafter, the Governing Board of the Central Bank of Bosnia and Herzegovina shall consist of five persons appointed by the Presidency for a term of six years. The Board shall appoint, from among its members, a Governor for a term of six years.
Central Bank. An institution that is by law or government sanction the principal authority, other than the government of Singapore itself, issuing instruments intended to circulate as currency. Such an institution may include an instrumentality that is separate from the government of Singapore, whether or not owned in whole or in part by Singapore.
Central Bank. An institution that is by law or government sanction the principal authority, other than the government of The Bahamas itself, issuing instruments intended to circulate as currency. Such an institution may include an instrumentality that is separate from the government of The Bahamas, whether or not owned in whole or in part by The Bahamas.
Central Bank. An institution that is by law or government sanction the principal authority, other than the government of Estonia itself, issuing instruments intended to circulate as currency. Such an institution may include an instrumentality that is separate from the government of Estonia, whether or not owned in whole or in part by Estonia.