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ACT No. 11 or 1992 AN ACT /0 IIl1lhoriM 11 !Jum of thirty-six million MIlII~R /if' /0 bt l1Iued it! MU/Ill by ,,'oy of loon for 'he purpose of milking good the dtfidl ;ncu,-

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Malta Government Gazette — Act 1992 2 — ACT No. 11 or 1992 AN ACT /0 IIl1lhoriM 11 !Jum of thirty-six million MIlII~R /if' /0 bt l1Iued it! MU/Ill by ,,'oy of loon for 'he purpose of milking good the dtfidl ;ncu,-

I assent.

CENSU T AIJOr.;E

(I" S.)

PrC's i<knt

121h May . 1992

ACT No. 11 or 1992

AN ACT /0 IIl1lhoriM 11 !Jum of thirty-six million MIlII~R /if' /0 bt l1Iued it!

MU/Ill by ,,'oy of loon for 'he purpose of milking good the dtfidl ;ncu,-

rfd by the COr!JoliJl1ud Fund /0 mUI expenditu,e du ring tht Yiur

199/ .

BE IT ENACTED by tile President. by and with the advice and

consent of Ihe House of Representatives. in Ihis pre$enl Parliament as-

sembled, and by [he authority of the same. as follows:-

Th is Act may be cited as Ihe Local loon Act. 1992.

L

Gazzetta tal-Gvern ta' Malta — Att 1992 2 — ACT No. 11011992 ATT mahrut b'ligi mili· Parlamt1l1 AN ACr enacted by the Parliament of Malt a, la' Malta,

Dan I·An jista' jissejjuh I·A n ta' 1·I99Z dwol Self Lokali.

Malta Government Gazette — Act 1992 2 — ACT No. 11 or 1992 AN ACT /0 IIl1lhoriM 11 !Jum of thirty-six million MIlII~R /if' /0 bt l1Iued it! MU/Ill by ,,'oy of loon for 'he purpose of milking good the dtfidl ;ncu,-

(\) Subj«:1 to the provisions of this Act. the Government of

M alta may r aise in M aha by way of loan a sum of money nOl exceeding

thirty-six million Mal tese lilL

(2) For the purpose of raising the loan as aforesaid. the

Milline r respon sible for finaocc is he~by authorised 10 issue slOc k in

Malta under the provisions of the Local Loans (Re~istered Stock and

Securities) Ordinance: and the loan made under the provisions of

th.s section shall be made 00 such terms and oond,t.ons as the said

Minister lIUIy approve.

J. Any money borrowed under the authori ty of th is Act shall be

appropriated and applied for the purpose ofmakinggood the deficit in-

curred by the Consolidated Fund to meet expenditure during the year

1991. Passed by t he H OUK of Represen tatives at Silling No . I1 of the 11th May . 1992.

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