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130

(1889) [MARC] Author: Leo Mechelin Translator: Charles J. Cooke
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130 TIIE PUBLIC LAW OF FINLAND.

order to sentence to the payment of an
indemnity or to a penalty for a criminal offence.

B.—The Bank of Finland.

(65) Organisa tion.

In virtue of a provision of section 55 of the
law of 1772, on the form of government, the
State bank is placed under the guarantee and
control of the Diet.

Each ordinary Diet chooses four delegates
(one for each order), who have the management
of the bank, and four others who control the
banking operations. All these delegates have
deputies, who are likewise appointed by the
Diet. Their commission expires with the closing
of the following Diet.

The administration of the bank is entrusted
to a board of directors, composed of a president
nominated by the Emperor, and two members
also appointed by His Majesty from among the
candidates presented by the Administrative
Department of the Senate, on the motion of
the delegates. The managing directors of the

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