91/310/EEC: Council Decision of 24 June 1991 providing… Article 3

Article 3

1. The loan shall be made available to Hungary in two instalments. The first instalment shall be released as soon as an Extended Arrangement has been concluded between Hungary and the IMF and the second instalment after a period of at least two quarters, subject to Article 2 (2). 2. The funds shall be paid to the National Bank of Hungary.

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CitationArticle 3 of 91/310/EEC: Council Decision of 24 June 1991 providing… (LawPlayer, data as of 2026-07-04)

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