Extent of exemption

The foreign exchange permits referred to in paragraph 2 above shall be permits issued to allow the purchase of foreign currency for remitting the proceeds of mortgages to the Royal Merchant Bank and Finance Company Limited of Trinidad and Tobago under the terms of the Assignment of Mortgages Agreement dated 21st April, 1999. MADE by the Minister of Budget Planning and Management this 20th day of August, 1999. (RALPH FONSECA) Minister of Budget Planning and Management