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Article 1
This Law shall govern the status, organisation, powers and functions of the Deposit Insurance Agency (hereinafter: the Agency) established by the Deposit Insurance Agency Law (Službeni glasnik RS, Nos. 61/05, 116/08 and 91/10).
The Agency shall be an autonomous legal entity performing activities determined by this and other law and shall be functionally independent from any state body.
The Agency shall have the capacity of a legal entity and shall be entered in the court registry of legal and other entities.
The seat of the Agency shall be in Belgrade.
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Article 2
The Agency shall perform the activities of statutory deposit insurance and payment of insured amounts, in accordance with the law governing deposit insurance.
In addition to the activities referred to in paragraph 1 of this Article, the Agency shall:
1) manage the assets transferred in the process of bank restructuring and perform other activities related to bank restructuring procedure, in accordance with the law governing banks;
2) act as a bankruptcy or liquidation administrator for banks, insurance companies and leasing providers, in accordance the law governing bankruptcy and liquidation of banks and insurance companies and the law governing financial leasing;
3) organise the investor protection fund, in accordance with the law governing the capital market.
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Article 3
The Agency shall have a statute, adopted by the Agency's Managing Board (hereinafter: the Managing Board).
The Agency's statute shall govern the following:
1) organisation and manner of performance of the Agency's activities;
2) the Agency bodies' scope;
3) acting for and on behalf of the Agency;
4) data and documents determined as secret and the manner of dealing with such data and documents;
5) other matters of importance for the Agency's operations.
The statute of the Agency shall be published in the Službeni glasnik Republike Srbije.
