91/384/EEC: Council Decision of 22 July 1991 providing… Article 3
Article 3
1. The loan shall be made available to Romania in two instalments. The first instalment shall be released as soon as a 'stand-by arrangement' has been concluded between Romania and the IMF and the second instalment not before the fourth quarter of 1991, subject to Article 2 (2).
2. The funds shall be paid to the National Bank of Romania.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04
CitationArticle 3 of 91/384/EEC: Council Decision of 22 July 1991 providing… (LawPlayer, data as of 2026-07-04)