LAW OF MONGOLIA ON CURRENCY REGULATION

Adopted on May 12 1994, Ulaanbaatar.

CHAPTER ONE

GENERAL PROVISIONS

Article 1. Purpose of this law

The purpose of this law is to define the powers of the Government bodies in charge of currency settlement, and regulate relations concerning to currency transaction by business entities, organisations and citizens and to control currency transaction and to protect the Mongolian currency from inflation.

Has amended twice:

1 09-07-09
2 01-11-30

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