Board Decisions July 26 2010

26/07/2010

Republic of Kosovo
Central Bank of the Republic of Kosovo
Governing Board
Decisions
On July 26, 2010
Based on enforcements of Law no. 03/ L-074, of 5 Jun 2008 “On Central Bank of the Republic of Kosovo”, Governing Board of the Central Bank of the Republic of Kosovo on the extraordinary meeting held on July 26, 2010 decided as below:


I.    Governing Board of the Central Bank of the Republic of Kosovo (CBK), on the extraordinary meeting held on July 26, 2010, after a series of discursion and analyze of the situation lately created on CBK as set under arrest of Mr. Hashim Rexhepi, is proposing to the President of the Republic of Kosovo and to the Assembly of the Republic of Kosovo that on Assembly’s meeting to come initiate the procedure for remove from office of the Governor Mr. Rexhepi based on Article 84 (27) and 140, line 1 and 4 of the Constitution of the Republic of Kosovo, Article 21.1 e) of Law on Central Bank of the Republic of Kosovo and Article 34.5 of CBK – Employment Policy that is based on article 4 of Law on CBK.

II.    In accordance with Article 29.6 of Law on CBK, Mr. Gani Gërguri, Deputy Governor for bank operations shall take over the Governor office undertaking all duties and responsibilities until this vacancy is filled.