Att dwar it-Tarzna ta' Malta) biex tintu:i:a esklu:i:ivament f' ammont ta' ghoxrin miljun lira Maltija biex jigu mhallsa ammonti dovuti (LS.) lill-Gvern ta' Malta ghar-rigward ta' kontribuzzjonijiet tas-sigurta soejali, PA YE u djun ohra, u f' ammont ta' hames miljun lira Maltija

A · 198

(a) somma ta' mhux i:i:jed minn hamsa u sebghin miljun

lira Maltija sabiex jaghmel taiieb ghad-deficit fil-Fond Konsolidat

fin-nefqa Ii saret fis-sena 1996; u

.

(b) somma ta' mhux i:i:jed minn hamsa u ghoxrin miljun

lira Maltija sabiex tigi mislilfa lit-Tarzna ta' Malta (mwaqqfa bl-

I assent.

Att dwar it-Tarzna ta' Malta) biex tintu:i:a esklu:i:ivament f' ammont

ta' ghoxrin miljun lira Maltija biex jigu mhallsa ammonti dovuti

(LS.)

lill-Gvern ta' Malta ghar-rigward ta' kontribuzzjonijiet tas-sigurta

soejali, PA YE u djun ohra, u f' ammont ta' hames miljun lira Maltija

GUZE' CASSAR

biex jigu mhallsa arretrati ta' mghax fuq debiti dovuti ghal

Acting President

. facilitajiet ta' overdraft u facilitajiet bankarji ohra li.tkun gharnlet

u:i:uminnhom I-imsemmija Tarzna·ta' Malta. .

2nd May, 1997

(2) Minkejja kull haga Ii jista' jkun hemm fl-Att dwar it-

Kap .207.

Tarzna ta' Malta u fkullligi ohra, it-Tarzna ta' Malta qieghda b'dan

tigi awtorizzata Ii tirCievi s-self imsemmi fil-paragrafu (b) tas-subartikolu

(1) ta' dan I-artikolu u I-imsemmija Tarzna ta' Malta ghandha titqies

bhala Ii din tkun dahlet b'mod sew fid-debiti maghmulin u fil-facilitajiet

ACT No. VI of 1997

ta' overdraft u facilitajiet ohra Ii jinsabu indikati fl-imsemmi paragrafu.

AN ACT to authorise the raising of a sum of one hundred million

Maltese liri by way of loan.

.

BE IT ENACTED by the President, by and with the advice and

consent of the House of Representatives, in this present Parliament

lI$sembled, and by the authority of the same, as follows:-

Mghoddi mill-Karnra tad-Deputati fis-Seduta Nru. 58 tad-29 ta'

This Act may be cited as the Local and other Loans Act, 1997. Short tide.

April, 1997.

Subject to the provisions of this Act, the Government of Authority to

(I)

' Mal ta an d OutSI 'd e M a I ta, a ,at,. loan.

. by way 0 f loans, b ot h In

Mal ta may raise,

sum of money not exceeding one hundred million Maltese liri.

MYRIAM SPITERI DEBONO

(2) For the purpose of raising the aforesaid loans, the

Speaker

Minister responsible for finance is hereby authorised to borrow sums

of money, on such terms and conditions as · the said Minister may

approve, under the provisions either

RICHARD J. CAUCHl

Skrivan tal-Kamra tad-Deputati.

(a) of the Development Loan Act, in respect ofloans raised Cap. 229.

outside Malta; and, or

of the Local Loans (Registered Stock and Securities)

(b)

Ordinance, in order to issue stock in Malta.

(I) Any money borrowed under the authority of this Act, Purpose.

shall be appropriated and applied for the purpose of

•

(a) a sum not exceeding seventy five million Maltese liri to

"

make good the deficit incurred by the Consolidated Fund to meet

'expendir'-e during the year 1996; and

a sum not exceeding twenty-five million Maltese liri to

(b)

be loaned to the Malta Drydocks (established under the Malta

Dockyard Act) to be used exclusively as to twenty million Maltese

liri to settle outstanding debts due to the Government of Malta in

respect of social security contributions, PA YE and other debts,

and as to five million Maltese liri to settle arrears of debit interests

on outstanding overdraft and other banking facilities availed of by

the said Malta Drydocks.

(2) Notwithstanding anything contained in the Malta

Dockyard Act and in any other law Malta Drydocks is hereby authorised

to take up the loan referred to in paragraph (b) of subsection (1) hereof

and the said Malta Drydocks shall be deemed to have properly incurred

the debts and taken the overdraft and other facilities therein referred to.

Passed by the House of Representatives at 'Sitting No. 58 of

the 29th April, 1997.

Myriam Spiteri Debono

Speaker

RICHAm J. CAUCHI

Clerk to the House of Representatives.

suppliment tal-Gazzetta tal-Gvern ta' Malta, Nru.16,450, 5 ta' Mejju, 1997

TaqsimaA

-

MALTA

ATT Nru. VII ta' 1-1997

ACT No. VII of 1997

AN ACT enacted by the Parliament

ATT mahrug b'ligi mill-Parlament

ta'Malta.

of Malta.

ATTbiexjemenda I-Att ta' 1-1995

AN ACT to amend the Excise Duty

dwar Dazju tas-Sisa.

Act, 1995.

Ippubblikal mid-Dipartimenl fa' I·tnformazzjoni - 3. Pjazza Kastilja - Pllbli.'ihed by the Department of Ilf/mmor;on - 3, Castille Place