RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of December 23, 2008 No. 49/4

About approval of the Provision "About the Credit "Overnight" of National Bank of the Kyrgyz Republic"

According to articles 5 and 28 of the Law of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic", the Board of National Bank of the Kyrgyz Republic decides:

1. Approve the Provision "About the Credit "Overnight" of National Bank of the Kyrgyz Republic" it (is applied).

2. In accordance with the established procedure to direct to management of monetary transactions together with Legal department this resolution to state registration in the Ministry of Justice of the Kyrgyz Republic.

3. This resolution becomes effective after state registration in the Ministry of Justice of the Kyrgyz Republic and the subsequent official publication.

4. After publication of the registered regulatory legal act to Legal department to inform the Ministry of Justice of the Kyrgyz Republic on publication source (the name of the edition, its number and date).

5. From coming into force of this resolution to recognize invalid:

- the resolution of Board of National Bank of the Kyrgyz Republic No. 34/4 of 24.12.2004. "About the project of the Provision "About the Credit "Overnight" of National Bank of the Kyrgyz Republic", registered in the Ministry of Justice of the Kyrgyz Republic of 01.02.2005, registration number No. 19-05;

- the resolution of Board of National Bank of the Kyrgyz Republic No. 24/2 of 27.07.2005. "About modification and amendments in the Provision "About the credit "overnight" of National Bank of the Kyrgyz Republic, registered in the Ministry of Justice of the Kyrgyz Republic of 08.08.2005, registration number No. 100-05.

6. To management of monetary transactions to bring this resolution to the attention of commercial banks.

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