Current accounts

CURRENT ACCOUNTS

Current accounts

Current accounts (covering the minimum reserve system)

Current accounts deal with the production, generation, distribution and redistribution of income and the use of this income in the form of final consumption.

Current accounts of staff, companies and clients (including financial institutions listed as exempt from the obligation to hold minimum reserves - see liability item 2.1), etc.; fixed-term deposits, deposits repayable on demand

current accounts including minimum reserve requirements under Article 19.1 of the Statute (liability item 2.1 of the HBS);

(b) operate accounts in any currency.

(a) the Council may hold currency of any kind and operate accounts in any currency;

(a) the Organization may hold currency of any kind and operate accounts in any currency;

(a) the Organisation may hold currency of any kind and operate accounts in any currency;

(a) The Court may hold funds, currency of any kind or gold and operate accounts in any currency;

(a) the Tribunal may hold funds, currency of any kind or gold and operate accounts in any currency;

The European Coal and Steel Community may hold currency of any kind and operate accounts in any currency.

(b) hold funds, securities, gold, precious metals or currency of any kind and operate accounts in any currency;

To enable it to operate its international budget, an Allied Headquarters may hold currency of any kind and operate accounts in any currency.

(a) made in national currency and debited as appropriate against the SAPARD euro account.

The Organisation may hold any currency and have accounts in any currency in so far as is necessary for the execution of the transactions required for its purpose.

All financial accounts and statements shall be expressed in Euros and there shall be no accounting or reporting in other currencies.

6 An amount expressed in units of account shall be converted into the national currency of the State of the court or tribunal seized.

9.5 The Agency may receive and hold in the Republic of Slovenia any kind of funds, currency, cash or securities; it may dispose of them freely in Republic of Slovenia for any official purpose of the Agency and hold accounts in any currency.

It may dispose of them freely for any purpose provided for by the Convention and hold accounts in any currency to the extent required to meet its obligations.

Financial contributions to accounts established under Article 18 shall be payable in freely convertible currencies and shall be exempt from foreign-exchange restrictions.

The value of the Gross National Product shall be that which is calculated on the basis of factor cost and current prices expressed in the appropriate European Unit of Account.

The Institute may receive and hold any kind of funds, currency, cash or securities; subject to national provisions on exchange control, it may dispose of them freely in the exercise of its official activities and hold accounts in any currency to the extent required to meet its obligations.

“Unit of account” shall mean the sum in the national currency of a Member which is equal to a unit of value of special drawing rights as valued by the International Monetary Fund.

projected balance sheet, with a profit and loss account, for the current financial year including all proposed changes in the structure or activities explicitly in relation to finance;

The settlement of international accounts shall be regarded as current transactions and shall be effected in accordance with the current international obligations of the Member States and Sector Members concerned in those cases where their governments have concluded arrangements on this subject.

xiii) “Unit of account” shall mean the sum in the national currency of a Member which is equal to a unit of value of special drawing rights as valued by the International Monetary Fund.

The Bank shall at all times be entitled to transfer its assets into the currency of a Member State whose currency is not the euro in order to carry out financial operations corresponding to the task set out in Article III-394 of the Constitution, taking into account the provisions of Article 21 of this Statute.

Guarantees by the SFRY or its NBY of hard currency savings deposited in a commercial bank and any of its branches in any successor State before the date on which it proclaimed independence shall be negotiated without delay taking into account in particular the necessity of protecting the hard currency savings of individuals.

The SAPARD Agency's accounting procedures shall ensure that the accounting system can produce, in euro and national currency, for each regional office, and for each project, contract or measure and sub-measure, the total cost, the committed expenditure, part payments and balance payments.

The reports from the Commission and the European Central Bank shall also take account of the results of the integration of markets, the situation and development of the balances of payments on current account and an examination of the development of unit labour costs and other price indices.

(b) The amount of 750 million units of account mentioned in paragraph 2(a) shall be converted into national currency on the basis of the value of that currency by reference to the Special Drawing Right on the date determined by the Assembly of the 1992 Fund for conversion of the maximum amount payable under the 1992 Liability and 1992 Fund Conventions.

Because current regulatory test cycles only reflect urban and metropolitan driving, the estimates of relative NOx emissions given below take account of higher speed driving where NOx emissions can be particularly important.

The Ministry agrees that financial inputs will be ` untied` and that all or part of the funds received from the Ministry or other sources in the Account may be converted into other currencies to facilitate their disbursements.

(b) acquire and sell spot and forward all types of foreign exchange assets and precious metals; the term "foreign exchange asset" shall include securities and all other assets in the currency of any country or units of account and in whatever form held;

In the context of this revision, the Parties shall take account of technological development, production procedures and all other factors, including current reforms of the rules of origin which could require consequent amendments to the negotiated reciprocal regime.

(a) established claims, measured in units of account converted from the claim currency using the rate applicable on the date of the incident in question, for damage caused by substances in respect of which contributions to the HNS Fund are due for the relevant year; divided by

(1) In determining the tax basis, the expenditure arising from revaluation which is a consequence of the changed purchasing power of the domestic currency which, subject to the Slovene Accounting Standards, is carried out with regard to the capital at the end of each financial year shall not be recognised.

The Parties undertake to authorise in freely convertible currency any payments on the current account of the balance of payments between residents of the Community and of the Republic of Tajikistan connected with the movement of goods, services or persons made in accordance with the provisions of this Agreement.

g) fix, on the basis of the approved accounts, the definitive contributions due from the Member States in accordance with Article 26 for the two previous calendar years, as well as the amount of the treasury advance due from the Member States in accordance with Article 26 paragraph 5 for the current year and the next calendar year;

Physical protection requirements should be based on a graded approach, taking into account the current evaluation of the threat, the relative attractiveness, the nature of the material and potential consequences associated with the unauthorized removal of nuclear material and with the sabotage against nuclear material or nuclear facilities.

Each year, the Commission, taking into account the EIB's forecasts concerning the management and operation of the Investment Facility, shall establish and communicate to the Council by 15 October a statement of the commitments, payments and the annual amount of the calls for contributions to be made in the current and the two following budget years.

All the sums due by the Borrower under this loan are payable to the Fund in the currency of each instalment to the bank and account number communicated to the Borrower by the Fund at the time of each instalment, with telex or fax notice to be sent to the Fund by the Bank charged by the Borrower with payment, at least five working days before each payment.

Where the above-mentioned fair market value cannot be readily ascertained, the compensation shall be determined on equitable principles taking into account all relevant factors and circumstances, such as the capital invested, the nature and duration of the investment, replacement value, appreciation, current returns, discounted cash flow value, book value and goodwill.

All payments for goods and settling of accounts within the framework of this Agreement shall be made in freely convertible currency in compliance with laws and regulations applicable in the countries of the Contracting Parties and in accordance with prices and standard terms of the international market and banking practice, unless otherwise agreed between the parties to a commercial transaction.

(c) shall generally be established for worked and/or prepared products by multiplying the specific tariff equivalent(s) for the primary agricultural product(s) by the proportion(s) in value terms or in physical terms as appropriate of the primary agricultural product(s) in the worked and/or prepared products, and take account, where necessary, of any additional elements currently providing protection to industry.

5 Within three months after the entry into force of the Convention and each time that a change occurs in their method of calculation or in the value of their national currency in relation to the unit of account, States shall notify the Secretary General of their method of calculation in accordance with paragraph 3 or of the results of the conversion in accordance with paragraph 4. The latter shall inform the Member States of these notifications.

(a) The provisions of this article shall not apply to any nuclear material which the State Party reasonably decides does not need to be subject to the physical protection regime established pursuant to paragraph 1, taking into account the nature of the material, its quantity and relative attractiveness and the potential radiological and other consequences associated with any unauthorized act directed against it and the current evaluation of the threat against it.