50 tal-1991 (ln_1991_50) | MT

Malta Government Gazette — Legal Notice 1991 50 — 50 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm1,000,000 4.5% Stock Lokali Reġistrat għall-Iżvilupp 1996/98 - (it-Tieni Ħruġ)

Preamble — 50 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm1,000,000 4.5% Stock Lokali Reġistrat għall-Iżvilupp 1996/98 - (it-Tieni Ħruġ) Open official source

L.OCAL. LOA NS (REGISn:KEV STOCK AN I) SECURITIES)

O R[)INANO; , C AI' . 16 1

I)irecti n ' by the Minister of Hllance

for IM issue of Lml ,OOO,OOO

4.S% I-«a1 I)fo" elopmen t Rrgistered Stock 1996/98

S~;COND ISSUE

IN exe rci!IC of tht' powel"!> eonferre<l by Section 4( 1)( a) of the L.ocal

L.oa ns (Rt'gi ste rcd STOck and Securities) Ordin anc,', Cap. 161. th c

Minister of Finance has Juthorised lhalthe sum o f Lm 1.000.000 4.5%

L.ocal [X"elopment Registe red Stoek 1996198 (St.-cond Issue). be

created and issued as foIJO\\"5:-

I. llK: Stock sha ll be issued at the price of L.m 101 pe r ce nt and

shall be al1011ed by application. The Stock.. when full y paid. shall be

registered, A pplkations for thc 1L llol men t of stock shall open Monday,

29t h April. 19Q1 al 9.00 a.m . and shall close at 12.00 noon on Sa turda y,

thc J Ith l\'l ay, 19Q1 or earl ier at th e discretion of the Accountant

General.

Malta Government Gazette — Legal Notice 1991 50 — 50 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm1,000,000 4.5% Stock Lokali Reġistrat għall-Iżvilupp 1996/98 - (it-Tieni Ħruġ)

Reg. 2 — 50 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm1,000,000 4.5% Stock Lokali Reġistrat għall-Iżvilupp 1996/98 - (it-Tieni Ħruġ) Open official source

The sum of money to be raised by the stock sha ll be

Lm 1.000.000.

J . Int erest shall be payabl e in arrear h"lf·yea rl y on lhe 11th dlLy of

May and the 11th da y o f November of e ~el)' year during the currency o f

the SIOCk. . The first paym ent of 1..m 2.2.~.0 per LmlOO stoc k covering the

period from the 12th d ay of May. 199] to Ihe ] Hh day o f November.

1991. shall be made o n the I ]Ih day of No' ·ember. ]99 1.

Int en.'"S1 the reon will be exe mpted from Income Tax.

4.

Malta Government Gazette — Legal Notice 1991 50 — 50 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm1,000,000 4.5% Stock Lokali Reġistrat għall-Iżvilupp 1996/98 - (it-Tieni Ħruġ)

Reg. 5 R ... .,. -,.....,'''''' — 50 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm1,000,000 4.5% Stock Lokali Reġistrat għall-Iżvilupp 1996/98 - (it-Tieni Ħruġ) Open official source

A half·yearly appropri:llio n of not less than Lm 10.000 out of

lhe general re"c nue and assets of th", Go .... mm ... nt of Malla sha ll b..-

mad", as a cont ribut ion IQ the sinking fu n<l establiS hed for the purpo5C of

redeemi ng the stock . The first contribution shall be made within three

ye ars from the 121h day of May, 1991.

Malta Government Gazette — Legal Notice 1991 50 — 50 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm1,000,000 4.5% Stock Lokali Reġistrat għall-Iżvilupp 1996/98 - (it-Tieni Ħruġ)

Reg. 6 — 50 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm1,000,000 4.5% Stock Lokali Reġistrat għall-Iżvilupp 1996/98 - (it-Tieni Ħruġ) Open official source

The Stock sh<l ll be redeemed at Ihe rate of Lml OO for e~ery

LrnlOO stuc k on such dale between the ]st day of Janua ry. 1996and Ihe

31st da~ of December, 1998 (bot h daleS incl usi ve) as shall be

determi ned by the Accountant GellCral and noti fied in the Gazette.

Stock. shall be redeemed only on the surrende r of the stock ccrtirlCate

issued.

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50 tal-1991

Statutory Text (4 Articles)

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