39 tal-1987 (ln_1987_39) | MT

Malta Government Gazette — Legal Notice 1987 39 — 39 tal-1987 – Direttiva mill-Ministru tal-Finanzi għall-Bdil ta' Lm1,000,000 6¼% Stock Lokali Reġistrat għall-Iżvilupp 1987

Preamble — 39 tal-1987 – Direttiva mill-Ministru tal-Finanzi għall-Bdil ta' Lm1,000,000 6¼% Stock Lokali Reġistrat għall-Iżvilupp 1987 Open official source

L.N. 39 of 1987

LOCAL LOANS (REGISTERED stOCK AND SECU RmES)

ORDINANCE, 1959

CONVERSION OF STOCK

Directive by til e Mi .. ist~r of Finana: for Ihe Conversion of Ihe

LmI,OOO,OOO 61% ~1 Developmml Reg;.tered Stock lJ87

IN e:<ercise of Ihe powers conferred by seclion 3 1 (al 0( the Local

Loam (Regislered Sloek and Securities) Ordinance. 19S9. Ihe Minisler

of Finance has declared the Lmt,ooo.ooo 61 % Local Dcvelopmenl R e-

gistered Stoek 1987 due for repayment on the 28th Augmt, 1987, to be

convertible ioto regiSlered sloek to be issued under the provisions of the

Ordinance.

The Minister has also authorised in terms 0( sections 31 (h) and 32

0( the same Ordinance that, for the eonversion of the Lml ,000.000 61%

Local Development Registered Stoek 1987 a new 61% Local Develop-

ment R egistered (Convel8ion) Stoek 1993 be CTClIted and iffiled as

follows

I. (a) The stoek shall be issued at the price of LmlOO per cent Modo of

and shall be allotted by application. The stoek when fully paid shall be t .. llI.,. .Iock.

registered. Appiicatiom for the allotment of stock for the present holders

of the 61 % Local Development Registered Stoek 1986/87 shall open at

9 a.ID. on Monday. 7th September. 1987, and c1ase at noon on Friday,

25th September, 1987.

(b) Applications from the general public for the remaining

balance of the 61% Local Development Registered (Conversion) Stock

1993 194. wi ll be received at the Treasury between 9.00 a.m. on Monday.

Sth October. 1987. and 12 noon on Friday. 9th October, 1987. or earlier it

slock is funy su~ri bed , al the discretion of the Accountant General.

Malta Government Gazette — Legal Notice 1987 39 — 39 tal-1987 – Direttiva mill-Ministru tal-Finanzi għall-Bdil ta' Lm1,000,000 6¼% Stock Lokali Reġistrat għall-Iżvilupp 1987

Reg. 2 — 39 tal-1987 – Direttiva mill-Ministru tal-Finanzi għall-Bdil ta' Lm1,000,000 6¼% Stock Lokali Reġistrat għall-Iżvilupp 1987 Open official source

The sum of money to be raised by the stoel: shall be Sum of money

Lml ,ooo,ooo.

to bo mbed..

Malta Government Gazette — Legal Notice 1987 39 — 39 tal-1987 – Direttiva mill-Ministru tal-Finanzi għall-Bdil ta' Lm1,000,000 6¼% Stock Lokali Reġistrat għall-Iżvilupp 1987

Reg. 3 — 39 tal-1987 – Direttiva mill-Ministru tal-Finanzi għall-Bdil ta' Lm1,000,000 6¼% Stock Lokali Reġistrat għall-Iżvilupp 1987 Open official source

Interest shall be payable in arrear half·yearly on the 28th day hi. of

d February and the 28th day of August in every year during the inlOlat _od

currency of we stoel;. The first payment or Lrn3.125 per LmlOO stock dat .. of

covering the period from the 28th day of August. 1987 10 the 27th day paymonL

of February. 1988 shalt be made on the 28th day of FebrulUy. 1988.

Malta Government Gazette — Legal Notice 1987 39 — 39 tal-1987 – Direttiva mill-Ministru tal-Finanzi għall-Bdil ta' Lm1,000,000 6¼% Stock Lokali Reġistrat għall-Iżvilupp 1987

Reg. 4 — 39 tal-1987 – Direttiva mill-Ministru tal-Finanzi għall-Bdil ta' Lm1,000,000 6¼% Stock Lokali Reġistrat għall-Iżvilupp 1987 Open official source

A half·yearly appropriati on of not less Wan Lm20.000 out of the ht. of

genera l revenue and assets of the Government of Malta shall be made I:OIIuibulloo to

as a OO!Itribm ion to th e sinking fund established for the purpose of .mtm.. tuod.

redeeming !he stock. The first contribution shall be made within one

year from the 18tb day of October, 1987.

Malta Government Gazette — Legal Notice 1987 39 — 39 tal-1987 – Direttiva mill-Ministru tal-Finanzi għall-Bdil ta' Lm1,000,000 6¼% Stock Lokali Reġistrat għall-Iżvilupp 1987

Reg. 5 RocI .... pdon of — 39 tal-1987 – Direttiva mill-Ministru tal-Finanzi għall-Bdil ta' Lm1,000,000 6¼% Stock Lokali Reġistrat għall-Iżvilupp 1987 Open official source

Th~ sto rk shall b~ r~,I~~ln~,1 at par on su rh ,ht~ b~twe~n the

lot 'hy of January, 1993 ami th~ 3 ht day ofDe r Nnb~l" 1993 (both

,ht~ . inrlusiv~) , a •• hall b~ d~t~l1nin~d by th~ ArrolUltant G~l1wral ami

notifie,l int h~ Gaz~tt~ . Sto rk shall b~ r~,le~Ine,1 only on th~ sUlT~mler

of th~ sto rk r ertifir at~ i .. u~,l.

ippubbhbt mi<l-Dipartm<nt la' l-InformazzJODi Ka>tilJo i'lJbb,M</ by tIJ. Dep"_' of I"formation Kn.>tilj4

Mith>lb fl-Istuq>mJO t1l-u..'fflI - Pm,od at ,IN ~_ Pm""! ~

fuzz 1, - l'I-ia 2 <

39 tal-1987

Statutory Text (5 Articles)

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