( 3 ) Expenses of the Risks Bureau
Article (12)
The risks Bureau expenses shall be borne by the Institutions mentioned in Paragraph ( b ) of Article ( 1 of these regul……..
Article ( 13 )
The Risks Bureau shall provide the Institutions with the printed matters and forms defined in these regulations and in the directives for their implementation, whether these printed matters concern statements of banking risks or requests for specific information.
Article ( 14 )
The Risks Bureau expenses shall be distributed amongst the institutions in proportions equal to the ratio of total loans of each institution to the aggregate consolidated loans of all institutions as at the 31st of December of each year.
Article ( 15 )
Each institution should pay annually the amount incurred by it relating to the Risks Bureau expenses within a month of notification.
Article ( 16 )
The Central Bank shall bear no responsibility of whatever nature or cause as a result of losses or damage due to delay, negligence or errors by institutions with regard to the data submitted by them or by the Risks Bureau.
Article ( 17 )
The provisions of Article (107) of Union Law No. (10), (1980) shall apply in the event of delay by an institution in submitting the data specified in Article ( 3 ) and ( 4 ) of these regulations.
Article ( 18 )
The Governor of the Central Bank shall, in accordance with the requirements of public interest lay down the directives necessary for the implementation of these regulations.