91/106/EEC: Council Decision of 25 February 1991 providing… Article 3

Article 3

1. The loan shall be made available to Czechoslovakia in two instalments. The first instalment shall be released as soon as a 'stand-by arrangement' has been concluded between Czechoslovakia and the IMF and the second instalment after a period of at least two quarters, subject to the terms and conditions of Article 2. 2. The funds shall be paid to the National Bank of Czechoslovakia.

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CitationArticle 3 of 91/106/EEC: Council Decision of 25 February 1991 providing… (LawPlayer, data as of 2026-07-04)

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