Monetary Authorities definition
Monetary Authorities means the National Bank of Hungary and, if and to the extent that it performs the functions of a monetary authority for or on behalf of Hungary or the government thereof, any currency board, exchange stabilisation fund or treasury;
Monetary Authorities. ’ means the Central Bank of Seychelles or any other entity which, from time to time, acts as a central bank of the Issuer and, if and to the extent that it performs the functions of a monetary authority for or on behalf of the Issuer or the government thereof, any currency board, exchange stabilisation fund or treasury;
Examples of Monetary Authorities in a sentence
The ASEAN Central Banks and Monetary Authorities agree to establish a currency swap arrangement (the Arrangement) to enhance financial cooperation among ASEAN member countries.
The limits under the all risk property insurance shall be and on a full replacement cost basis and shall be sufficient to prevent the Lessee from incurring a co-insurance penalty because of inadequate limits.