4.5 % Locall>e~dopm('nt R~ist~rtd SUM:k 19%198 (ln_1991_35) | MT

Malta Government Gazette — Legal Notice 1991 35 — 4.5 % Locall>e~dopm('nt R~ist~rtd SUM:k 19%198

Preamble — 4.5 % Locall>e~dopm('nt R~ist~rtd SUM:k 19%198 Open official source

l.. N. J5 of 1991

LOCAL 1,OANS (REG ISn : Rt: 1) STOCK ANO SECURITIES)

ORDINANCE. CAP. 161

l)irKlivf by (h~ Minister of Flnanet'

f<w Ihe is.!;~ of Lm l .OOO.OOO

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1991 35 — 35 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm1,000,000 4.5% Stock Lokali Reġistrat għall-Iżvilupp 1996/98

Reg. 1 — 35 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm1,000,000 4.5% Stock Lokali Reġistrat għall-Iżvilupp 1996/98 Open official source

applikazzjoni . MCl a jithallas ghal kollox I·u-ux:k Jigi regislra1. ,," t''''ocl

Applikaujonijiel ghall-ghoti la ' I-u-rock jiflhu t-Tncj n. 25 ta' Manu.

1991 u jaghlqu f"nofsin-nhar la' nhar is-Sib\. il -13 la' April. 1991 jcw

qabel fid -diskrezzjoni la' I-A CCQUfllalll General.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1991 35 — 35 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm1,000,000 4.5% Stock Lokali Reġistrat għall-Iżvilupp 1996/98

Reg. 2 — 35 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm1,000,000 4.5% Stock Lokali Reġistrat għall-Iżvilupp 1996/98 Open official source

Is-somma la' flus h ghandha lingabar bl·iSrock Ikun la' Somm.,.' nu.

Ii~""h.

Lm I ,000,000.

,;ng.t..,

J. L-imghax ghandu Jilhall as Iflura kull sit! ~hur fi l-13 la ' April u R

fil -13la' Ouubru la' kull srna matulll-kors la'l-islock . L-ewwcl hlas ta' "d.,; .. l_ht .. _

Lm2.25.0 kull LmlOO slOek relallivament ghall-pcrijodu bejn 1-14 la '

Apnl. 1991 u 1-13 ta ' Oltubru. 199 1. ghandu jsir tit-13 ta' OUubru. 1991.

Malta Government Gazette — Legal Notice 1991 35 — 4.5 % Locall>e~dopm('nt R~ist~rtd SUM:k 19%198

Reg. 4 — 4.5 % Locall>e~dopm('nt R~ist~rtd SUM:k 19%198 Open official source

5 % Locall>e~dopm('nt R~ist~rtd SUM:k 19%198

IN exercise: or lhe pov.'crsronfcrred by Section 4( I )(3) o r llle Local

Loans ( Registered Stock and Secu rities) Ordinance. Cap. 16 1. Ih",

Ministe r of Finance has authorised that the sum of Lm 1 ,000.000 4 .5%

Local Development Registered Stock 1996198 be crea ted and iswed as

fo llows:-

The Swck sha ll be i!l!lucd 31 the price o f Lm 10] pe r ccnt and

1. shall be allotted by appliclllion. Th e Stock. whe" fully paid. shall be

registe red . A pplica tions for the ~lIotmen t of stock sh811 open Mo nday .

25th March . 199 1 at 9 .003.m. and shalldosc at 12. 00 noon on Saturday.

the 13th April. \991 Or earlier at the discre tion of the Accountant

Gene ral.

2. TIw: sum of money to be raised by

t~

stock shall be

Lm 1.(0).001

J . Interel;t shall be payable in arrea r hal f-yea rl yon the IJth dayof

April and lhe 13th day o f October of c\'Cry year du ring the currency of

t he stoc k. The fi rst payment of Lm 2.25.0 per LmlOO stock covering t he

pe riod from the 14th day of April 1991 to the 13th day of Cktobe r. 1991.

shall be made on the 13th day of <ktobe r. 199 1.

1n1erestthereon will be exempted from Inoome Ta x.

4. A half-yearly appropriati on of not less than Lm 10.000 OUl e f

Malta Government Gazette — Legal Notice 1991 35 — 4.5 % Locall>e~dopm('nt R~ist~rtd SUM:k 19%198

Reg. 5 11.0,. of """ribu,"", "' aiolq .~ . — 4.5 % Locall>e~dopm('nt R~ist~rtd SUM:k 19%198 Open official source

t he gene ra! revenue and assets of the Government of Malta shall be

made as a contribut ion to the sin king fund established for the purpose of

redeeming the stock . Th e first contribution shall be made within three

years from the 14th dayof April. 1991 .

Malta Government Gazette — Legal Notice 1991 35 — 4.5 % Locall>e~dopm('nt R~ist~rtd SUM:k 19%198

Reg. 6 — 4.5 % Locall>e~dopm('nt R~ist~rtd SUM:k 19%198 Open official source

n.e Stock shall be redeemed al the rate of Lm 100 for cvery

LmlOO stoek on such date bet""een the 1st day of Janua ry. 1996 and the

3 1st day o f December. 1998 (but h d ~tes inclusive) as ~ h a ll be

dcte nnined by the Accountant Ge ne ral and notified in the Gaze tte .

Slock shall be redeemed only on the $urrender of the stoek ce rt ificate

issued .

tl'l'"bbhh, .. id-Dipot1;OI<"' ,.' ~ I"~I. K."ilj. _ hl>/"Md b. u.. 0. ... ",.,,", at I'f"'''',w.. · ('~"iII.

M>lbop "'10""",,,,, 1>1.Qvc", _ ,.""..,s .. "" ao. ... ~ __ , """""t "., ...

4.5 % Locall>e~dopm('nt R~ist~rtd SUM:k 19%198

Table of Provisions (6)

Statutory Text (6 Articles)

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