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NameCompensation Payments
DescriptionPayment 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 From30-08-1999
Validity To31-12-9999
ReferenceArticles 13 and 14
StatusActive
Measure TypeAdministrative Requirements
Agency NameBank of the Lao PDR
Legal DocumentRegulation on Depositor Protection Fund No. 283/BoL, dated 30 August 1999
This measure applies to Service