Back to law

Art. 99

101Cst.Federal Decree Subject To Mandatory ReferendumJan 1, 2000Original source
  1. The Confederation is responsible for money and currency; the Confederation has the exclusive right to issue coins and banknotes.
  2. The Swiss National Bank, as an independent central bank, shall pursue a monetary policy that serves the overall interests of the country; it shall be administered with the cooperation and under the supervision of the Confederation.
  3. The Swiss National Bank shall create sufficient currency reserves from its revenues; part of these reserves shall be held in gold.
  4. A minimum of two thirds of the net profits made by the Swiss National Bank shall be allocated to the Cantons.

0 commentaries

No commentaries are available for this article yet.

Continue your research in ChatGPT or Claude

Connect Omnilex to search the legal corpus from your AI assistant.