The amendment effective from 1 January 1998 liberalises the conditions of debenture notes issue, e.g. if the issuer is a resident of an OECD country the requirement of the Ministry of Finance for permission to issue debenture notes in SR is no longer required.

The information in this newsletter is correct to the best of our knowledge and belief at the time of going to press. Specific advice should be sought, however, before investment and other decisions are made.

For further information contact Mr Frank Walsh on +421 7 5340 545 Email directly on Click Contact Link