HOUSE OF COUNTIES SUPPORTS AMENDMENTS TO ACT ON FOREIGN EXCHANGE S

S $ YSTEM BASES ZAGREB, 4 June (Hina) - After a heated and lengthy discussion, the Parliament House of Counties on Tuesday supported with majority of votes amendments to the Act on foreign exchange system bases, foreign exchange transactions and gold transactions. The proposed amendments are aimed at redefining the functioning of the foreign exchange market, without bank monopoly. The amendments envisage more severe sanctions for purchase violations and foreign currency resale. The act is in favor of exporters, Deputy Finance Minister Mijo Jukic said during the discussion. The House of Counties also supported the Final Bill on foreign affairs and the Final Bill on customs tariff which is in the third reading. The representatives also supported the Bill on the confirmation of the change of the Montreal protocol on substances which damage the ozone layer and the Bill on the confirmation of the Consular Convention between Croatia and the Chinese National Bank. The representatives adopted a proposal a bill on mass media be included in the agenda. (hina) jn rm 041714 MET jun 96