BUDGET MEASURES IMPLEMENTATION (2004) ACT

BUDGET MEASURES IMPLEMENTATION (2004)

CHAPTER 469

BUDGET MEASURES

IMPLEMENTATION (2004) ACT

To implement various budget measures and other administrative

measures.

1st January, 2004

ACT II of 2004 , as amended by Legal Notice 427 of 2007 and Act I

of 2010 .

The short title of this Act is the Budget Measures

Implementation (2004) Act.

PART I

The provisions of this Part shall be deemed to have come

into force on the 1st January, 2004.

For the purpose of this Part, "revenue" has the same

meaning as is assigned to it in article 2 of the Financial

Administration and Audit Act, but does not include proceeds from

loans.

(1) Subject to the provisions of this Act, the Government

of Malta may raise in Malta, by way of loan, a sum of money not

exceeding two hundred and thirty-two million and nine hundred

and thirty-seven thousand and three hundred and thirty-nine euro

and eighty-six cents (232,937,339.86).

(2) For the purpose of raising the aforesaid loan the Minister

responsible for finance is hereby authorised to issue stock in Malta

under the provisions of the Local Loans (Registered Stock and

Securities) Ordinance on such terms and conditions as the said

Minister may approve.

Any money borrowed under the authority of this Part shall

be appropriated and applied for the purpose of meeting excess

expenditure over revenue incurred in the Consolidated Fund during

the year 2003 and that projected to be incurred during the year 2004

or during subsequent years.

PART II

All amendments are in force and have been inserted in the

Act accordingly.

PART III

All amendments are in force and have been inserted in the Act

accordingly.

BUDGET MEASURES IMPLEMENTATION (2004)

PART IV

All amendments are in force and have been inserted in the Act

accordingly.

PART V

All amendments are in force and have been inserted in the Act

accordingly.

PART VI

All amendments are in force and have been inserted in the Act

accordingly.

PART VII

All amendments are in force and have been inserted in the Act

accordingly; article 48 (which never came into force) was repealed

by Act. I. 2010.72.

PART VIII

All amendments are in force and have been inserted in the Act

accordingly.

PART IX

All amendments are in force and have been inserted in the Act

accordingly.

PART X

All amendments are in force and have been inserted in the Act

accordingly.

PART XI

68. (1) This Part amends the Accountancy Profession

(Amendment) Act, 2003, and it shall be read and construed as one

with the said Accountancy Profession (Amendment) Act, 2003,

hereinafter in this Part referred to as "the principal Act".

2003. (2) The provisions of this Part shall come into force on such

date as the Minister responsible for finance may establish by notice

in the Gazette.

69. In article 6 of the principal Act, in subarticle (4) in

paragraph (d) thereof, for the words "chairman of the Board." there

shall be substituted the words "chairman of the Disciplinary

Committee.".

(1) Il-Ministru jista’ jagħmel regolamenti biex jagħti effett

lid-dispożizzjonijiet ta’ dan l-Att u, bla ħsara għall-ġeneralità tad-

dispożizzjonijiet hawn qabel imsemmija, jista’ b’mod partikolari

jagħmel regolamenti li jittrasponu u jimplimentaw kull Direttiva

tal-Parlament Ewropew u tal-Kunsill dwar arranġamenti ta’

kollaterali finanzjarju; u, b’mod partikolari, regolamenti li

għandhom x’jaqsmu ma’ kull aspett li jirrigwarda pattijiet ta’

kollaterali finanzjarju u arranġamenti simili; dawk ir-regolamenti

jistgħu jfissru xi jkun kollaterali finanzjarju, jistgħu jipprovdu

għad-drittijiet u l-obbligi ta’ min jipprovdi l-kollaterali u ta’ min

jagħti l-kollaterali, jistabbilixxu ħtiġiet formali u regoli dwar l-

infurzar ta’ pattijiet ta’ kollaterali finanzjarju u arranġamenti

simili, ir-rikonoxximent ta’ titolu u l-inapplikabilità ta’ xi regoli

tal-Kodiċi Ċivili u ta’ provvedimenti legali li għandhom x’jaqsmu

mal-falliment u l-insolvenza, u l-istess regolamenti jistgħu

jipprovdu għal regoli relattivi dwar konflitti fil-liġijiet u kull ħaġa

oħra inċidentali jew konnessa magħhom.

(2) Regolamenti li jsiru taħt dan l-artikolu jistgħu jsiru u jkunu

pubblikati bl-ilsien Ingliż biss.