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450 Concerning the redenomination of the official currency of the Republic of Belarus. (2) A resolution under this section may authorize a limited company to redenominate its share capital (a) on more than one occasion; (b) at a specified time or in specified circumstances. November 4 2015 the President of the Republic of Belarus Alexander Lukashenko signed decree No. President signed decree Concerning the redenomination of the official currency of the Republic of Belarus. Republic | Korma Region | Korma | Korma News MINSK, 21 March (Bel TA) It is too early to talk about redenomination in Belarus, Chairperson of the Board of the National Bank of the Republic of Belarus (NBRB) Nadezhda Yermakova said in the Respublika newspapers phone-in. Keeping in mind the previous depreciation of the national currency and last years inflation level, it is too early to talk about any redenomination in the country. 10 President signed decree Concerning the redenomination... State of israel | Redenomination Redenomination: The applicable Pricing Supplement may specify that certain Notes may be redenominated in euro. (iv) after the Redenomination Date, all payments in respect of the Notes (other than payments of interest in respect of periods commencing before the Redenomination Date) will be made solely in euro, unless the Redenomination Date is on or after such date as the Specified Currency ceases to be a sub-division of the euro. (6) A resolution under this section may specify conditions which must be met before the redenomination takes effect. DOC7 An Interpretation of Conversion, Rounding and Redenomination is a one-off event for each monetary amount, usually taking place towards the end of a transition period. As part of redenomination, this threshold might be smoothed perhaps to 12,700.
It is achieved by removing zeros from a currency or moving some decimal points to the left, with the aim of correcting perceived misalignment in the currency and pricing structure, and enhancing the credibility of the local currency. In December 2009, North Korea carried out a redenomination of its currency, capping the amount of North Korean won that could be exchanged for the new notes, and limiting the exchange to a one-week window. Reduction of capital as a result of redenomination. 8 Companies Act 2006 (5) A company must not be re-registered as a public company if it appears to the registrar that (a) the company has resolved to reduce its share capital, (b) the reduction (i) is made under section 626 (reduction in connection with redenomination of share capital), (ii) is supported by a solvency statement in accordance with section 643, or (iii) has been confirmed. When asked whether the redenomination will help ensure the economic stability, Peter Dohlman said that strong and reliable economic policy measures are needed to create good prospects.3 SH14 | Notice of redenomination gov.ukgovernment/uploads/system/uploads/ 4 Redenomination of Government Securities in Euro | Ministry... Cancellation of re-purchased shares or, (for plcs), immediate cancellation of shares re-purchased into treasury.On Conversion day, the value of a single bond in Euro is established using the redenomination method as described above. EUR 41,73) will be the new nominal value of the bond and the basis for caluculation of interests according to the terms and conditions of the bond. Companies (Amendment) Bill New sections 73, 73A and 73B. The Companies Act is amended by inserting, immediately after section 72, the following sections: Redenomination of shares. (b) at a specified time or under specified circumstances.