Name | Compensation Payments |
---|---|
Description | Payment of Compensation to depositors of commercial banks where the banks have been declared to be incapable of meeting their obligaitons, must be made within 6 months after the date of declaration if the prescribed payment condtions are met. |
Comments | - |
Validity From | 30-08-1999 |
Validity To | 31-12-9999 |
Reference | Articles 13 and 14 |
Status | Active |
Measure Type | Administrative Requirements |
Agency Name | Bank of the Lao PDR |
Legal Document | Regulation on Depositor Protection Fund No. 283/BoL, dated 30 August 1999 |