Decision of 25 June 1940 on Coverage of the Banque de Syrie et du Liban Banknotes

Type

Decision

Number

175

Date of the text

25/06/1940

Official Gazette

published in 1940

Status today

In force as of 27/08/2026

Articles

4

What it provides

This decision temporarily allows the Bank of Syria and Lebanon to count advances granted to the French Treasury, in whole or in part, toward the cover of its circulating banknotes, and suspends for now certain percentage rates set in the 1937 and 1938 agreements, leaving the other cover rules in force.

The full text

This act was published in the Lebanese Official Gazette in 1940. Its full text and the original scan are in the Gherbal National Gazette archive.