ACT No. XX 0( I," AN ACT to ~nd /he Massa FnunenUlria Orditumu, CDp. /4.
Statutory Text (3 Articles)
(L.S.)
UGC MII"SU D BONN1C l
President
20th June, 1995
ACT No. XX 0( I,"
AN ACT to ~nd /he Massa FnunenUlria Orditumu, CDp. /4.
BE IT ENACT EO by the President , by and with the advice and
consent of the Hour.e of Represen tativei, in this present Parliament
assembled , and by the authority of the same , as follows: -
This Act may be ciled as the Massa Frumen taria (Amendment) ShorIlicll .
Act. 1995 . and shall be read and construed as one with the Massa
Frumentaria Ordinance , hereinafter referred to as ~th e principal law" . "-P. 14.
Immediately after section 15 of the principal law, there shall be Addilion 01 _
added the following section
(I) Notwithstanding any o ther provision of this
" Redemplion
Ordinance . as from the end of the year 1995. interest in tenns
of this Ordinance shall no longer be payable to the holders of
cedole, certificates or memoranda as provided for in this
Ordinance. and there shall be payable instead upon the
surrender of the cedole, certificates or memoranda , together
with the interest du e thereon up to the year 1995 , a capital
sum equivalcut to twenty times the annual sum payable as
imeresls.
(2) As from the end of December, 1995, no
interest shall continue 10 accrue on the capitals represented
by the said cedol e, certificates or memoranda.
(3) The riPI to sulTCnder the .aid .,-dQle,
certificates and mettlOr'bda skill be exercisable up to the end
of the month of December. 1997 and thereafter the right to
surrender the same and receive the capital rep,clCnted
thereby and the intercst payable due up to the cnd of the year
1995 as provided in sublection (I) of Ihis lCCtio shalllapte ....
Passed by tbe House of Representatives al SittinaNo. 431 ohhe IJth JuDe, 1993.
LAWRENCE GONZI
SfHOk.er
RICHARD J. CAUCHI
CU,1e to tire HOlLfe 0/ Rep"M'U(ltiYU.
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