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ln_1986_37 MT

37 tal-1986

5 Articles / Provisions · Malta
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Statutory Text (5 Articles)

Malta Government Gazette — Legal Notice 1986 37 — 37 tal-1986 – Direttiva mill-Ministru tal-Finanzi u Dwana għall-Bdil ta' Lm5,500,000 6% Stock Lokali Reġistrat għall-lżvilupp 1986

£..N, 37 of 1986

LOCAL LOANS (REGISTERED STOCK AND SECURmES)

ORDINANCE, 1'5'

CONVERSION OF S"TOCX

' =

~ by lk MIJIWer of Fw.-e qcI C

for the coayn'lioa of die L.5,500,1OO 6% Local Denlopmeal

R't.irt ' " Stock 19106

IN uercise of the powen conferred by !le(:lion 31 (a) of lIIe Local

Loan! (R.epslere<i Stock and Securilies) Ordinance, 1959, the Minister

of Finance and Customs Itas declared tlte Lm5,!iOO,OOO 6% Local ~

" 86.

lopment Re gistered Stock due for lq)IIyment on the 5tb September,

to be con vertibl: into registered stock 10 be issllCd under tbe provisions

of the Ordinance.

The Minister has abo authorised in tenns of scctiODS 31 (b) and 32

of the same OrdiuaQoc tb.t. for the conversion of the Lm5JOO,OOO 6%

Local Develo~1 RegiSleTed Stock 1986, Local Development Regis-

ter«! (Conversion) Stock be created and iSll ued 85 follows:-

t. The Stock shall be iUlled at the price of Lm lOO per cent and

shall be allotted by application. Tlte stock when fully paid shall be

rcgiiJlered. A pplic.alions for .llotment of $lOCk shall Dpen on Monday.

21st July, 1986 81 9.00 a.m , and sh811 close on Friday, 1st August, 1986

at 12.00 noon or at the lime when the loan is fully subscribed, whi<:hever

shall be the earlier.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1986 37 — 37 tal-1986 – Direttiva mill-Ministru tal-Finanzi u Dwana għall-Bdil ta' Lm5,500,000 6% Stock Lokali Reġistrat għall-lżvilupp 1986

L-istock jigi mal!rug bil·prezz ta' LmlOO fil·mija u jingllata fuq

applikazzjoni. Meta jitllallas gIIalknllnll I-istock jigi registrat. Applikaz·

zjonijiet ghall-gl!oti ta' stock jifthu I-Tnejn, il_21 la' L ulju. 1986 fid-9.00

ta' fi l-gllodu u jaglllqu I-Cimglla, I- I ta' AwisSlI, 1986 ('nots iD-nhar Jew

f!lak jI·bin meta welf ikun solt05kritt gbal kollox. liema jnn l-aktar

kmieni.

Malta Government Gazette — Legal Notice 1986 37 — 37 tal-1986 – Direttiva mill-Ministru tal-Finanzi u Dwana għall-Bdil ta' Lm5,500,000 6% Stock Lokali Reġistrat għall-lżvilupp 1986

The sum of money 10 be raised by the stock sball be

Lm5,!iOO,OOO.

J.

Interest shall be payable in arrear half·yearly 011 the 5th d.y

of Mareh and the !illt d.y of September in every year during the

currency of the stO(k. The first payment of Lm) per Lmloo Itock

oovering the period from the !itb day of September, 1'86 to the 4th day

of March, 1987 shall be made on the 5th day of Mareh. 1987.

Malta Government Gazette — Legal Notice 1986 37 — 37 tal-1986 – Direttiva mill-Ministru tal-Finanzi u Dwana għall-Bdil ta' Lm5,500,000 6% Stock Lokali Reġistrat għall-lżvilupp 1986

A balf·yearly appropriation of not lesllhan Lm!iS,OOO out of l1Ie

genenl reVClluc Ind assets of tbe Government of Malta slullI be made ..

a contribulion 10 the linkiq fund estabti$bed for the purpose of redeem--

ing the stock. The first conlribution sh.lI be made wilhin onc year frotn

the 5th day of September, 1986.

Malta Government Gazette — Legal Notice 1986 37 — 37 tal-1986 – Direttiva mill-Ministru tal-Finanzi u Dwana għall-Bdil ta' Lm5,500,000 6% Stock Lokali Reġistrat għall-lżvilupp 1986

The stock ~hall be redeemed It par on sucb date between tbe

1st day of J anuary, 1992 Ind the 31st day of I:)ecember, 1992 (botb days

inclusive). as shall be determined by the AOCQunlant General and notified

in tbe Qazette. Stock sball be redeemed only on the surrender of 'tock

certificate iSSUed.

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