188 tal-1990
Statutory Text (4 Articles)
L. N. 188 of 1990
LOCAL LOANS (KEG ISTE RED STOCK AND SECURITIES)
ORDINANCE, CAP. 161
Dirt(tlvt by the MInister or Ymance
for tht issue of Lm4,OOO,OOO
applikaujoni. Meta j ilhallas gbal kono~ '-Lf/ock jigi registrat. .. ' \-iarl:_
Applikazzjonijic t ghall -ghOli la ' l-islOd jirthu I-Tnejn, 19 ta'
Novc mbru , 1990 u jaghlqu foofs in-nhar la ' ,-, ta ' Dite mbru. 1990 jew
qabe l fid-diskre zzjon; ta ' I·A ccounllml General.
ls·somma ta ' ftus li gl'landha tingabar bl·iStod: Ilun ta'
Lm4,OOO,OOO.
[...imghax gh andu jitliallas b'lura kull silt xhu r ft~l ta' Gunju u
J,
ft . lta' Di ~embru ta' lull se na ma1UI il·kors ta' ]-islock . L-ewwell'llas ta'
Lm2.75.0 ku ll Lm lOO slock relattivame nt gball·perijodu bejn ;1·2 la'
Di cembrll, 1990 u 1. 1 ta' Cunju, 1991. gbandu jsir n-\ ta ' Cunju, 1991.
4, Approprjanjoni lull silt xhur ta ' mhux anqas minn Lm40,OOO
mid-dl'lul generali u mill-a!\i v tal -Gvern ta' Malta ghandha ssir bhala
l o mribuzzjoni ghall-fond ta' ammortizza ment same x jifdi I·is/ock. L-
ewwe l kontribuzzjoni ghandha ssir fi zmien tleu snin mit-2 ta'
Dicem bru. 1990.
5'1> Loca.ll)evclopment Registered Stock 1995
SEVEI'Io'TH ISSUE
IN cxcrciseofthc powcn conferred by Section 4(1)(3) orlbc Local
Loans (Registered Stock and Securities) O rdinance, Cap. 161 , the
Minister of Finance has aut horised that the sum of Lm4,OOO,OOO 5.5%
Local Dcvc:Jopmenl Rcgislcred Stock 1995 (Seventh Issue) be created
and issued as follows: -
I. The SIC)Ck shall be issued allhe price of LmlOO per ccnlllnd
shall be allotted by applica tion. The Stock, whcn fun y paid , shall be
registe red. Applica tions for the allotment of slOck shall npell on
Monday , 19th Noyember , 1990 at 9.00 a.m. and shaH dose al 12.00
noon on the 1st December, 1990 or earlier at the discretion of the
Ao:<:ountant General.
2. The sum of money to be raised by the stock shall be
Lm4 ,(KXJ,(KXJ.
3. Interest shall be payable in arrear half-yearly on the 1st dayof
June and the 1st day of December of every year during the currency of
the stock. The first payment of Lm2.15,O per LmlOO Mock covering the
period from the 2nd dayof December 1990to the 1st day of June , 199 1,
shall be made on the 1st day of June, 1991.
4. A half·yearly appropriation of not less than Lm40.000 out of
the general revenue and assets of the Goveroment of Malta shall be
made as a contribution to the sinking fund established for the purpose of
redeeming the stock . The first contribution shall be made within th ree
years from the 2nd day of December, 1990.
5. The Stock shall be redeemed at the rate of Lm 105 for every
Lml OO stock on such date be tween the 1st day o f January. 1995 and the
31st day of Decembe r, 1995 (both dates inclusive) as shall be
detennine<l by the Accountant General and notified in the Ga1;Clte.
Stock shall be redeemed on ly on the surrender of the stock certificate
issued.
u-."'"
Mit""AJIIH ... ,"'P"rf"'LoI-G .....
hiNtJ . . . ". " .....
PrOD. 2c _ J>ti« 1<