Legislator Case Law & Legislation
ln_1991_76 MT

76 tal-1991

6 Articles / Provisions · Malta
Open official source Machine-readable Markdown (.md)

Table of Provisions (6)

Statutory Text (6 Articles)

Malta Government Gazette — Legal Notice 1991 76 — 76 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm500,000 3% Stock Lokali Reġistrat għall-Iżvilupp 2001

I..N. 76 or 1991

LOCAL LOANS (RF..G ISTE IU:U S

, TOCK AND SECURITI ES)

ORDI NANCE, CAP. 161

J)jndh'~ by the Minisl~ of tlnanc:e

for Ih~ Issue ofLmSOO.OOO

J% Local Dt,-dopmenl k tgisttrfll Slock 2001

IN exe rcise of the powers conferred by Section 4( 1)(a) orllle Local

Lo~ns

(Registe red Stock. and Se<.:urities) Ordinance, Cap. 161. the

Minister of Finan<:e has authorised that Ihe sum o f LmSOO,(XXl 3%

Loca l De~elopmcnt Registered Stock 200 1. be created and issued liS

follows:-

I. The Stock shall be issued u, the price of Lm 100 per cem and

. holl be alloned by applica tion . Th e Stoc k. when fully paid, shaH be

registered. Applications for the allotment of Stock shall open on

Monday. Jrd htne. 1991 al 9 .00 a .m. and shall close al 12.00 noon on

Satu rday. the 15th June. 1991 or cnrlie r at the discretion of th e

A ccou nt~nl General.

The sum of money to be raised by the Stock shall be

Malta Government Gazette — Legal Notice 1991 76 — 76 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm500,000 3% Stock Lokali Reġistrat għall-Iżvilupp 2001

LmSOO.OO).

Interest shall be payable in arrearhalf·yearlyon the 15th day o f

j .

June ~n d tile 15tll day of Decembe r of every year during the currency of

the Stock. The first payment of Lml .50,Opcr LmlOO Stock cove ring the

period from the 16th day of June. 1991 to the 15th day of Decembe r,

1991. shall be made on the 15th duy of December, 1991.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1991 76 — 76 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm500,000 3% Stock Lokali Reġistrat għall-Iżvilupp 2001

L-imghax ghandu jithallas b'l ura kull silt xhur fiI-1 S la' Cunj u u R ... .. ' im", ••

fiI·I S ta' Ditcmbru la' kull sc:na maml il-kors la'l-iSlock . L-cwwcl hlas "do'i '.,·~, ...

ta' Lm 1.50,0 kull I..mlOO Slock relatlivamenl ghall-pcrijodu hejn is-16

la' Cunju, 1991 u 1·15 ta' Diccmbru, 1991. ghandu jsir fi l-!5 la

Difcmbru.I991.

Malta Government Gazette — Legal Notice 1991 76 — 76 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm500,000 3% Stock Lokali Reġistrat għall-Iżvilupp 2001

The Stock will be exempted from paymell1 of Death Duty.

while interest thereon will be exem pted from IlIcome Tax.

Malta Government Gazette — Legal Notice 1991 76 — 76 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm500,000 3% Stock Lokali Reġistrat għall-Iżvilupp 2001

A half-yearly appropriatio n of not less than Lm5.(0)out of the

general re~'enue and assets of the Govemmellt of Maltashall be made as

a cont ribu tion to the sink ing fund establi shed for the purpose o f

redeeming the Stock. The first contribution shall be made within three

years from the 16th day of J une. 1991.

Malta Government Gazette — Legal Notice 1991 76 — 76 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm500,000 3% Stock Lokali Reġistrat għall-Iżvilupp 2001

The Stock shall be redee med at the ra te of Lm l00 for every

Lml00 Stock on sueh date between the 1st day of Ja nua ry. 200 1 and t he

31st day of December. 200 1 (bot h dates incl usive) as shall be

determined by the Accountant General and notified in the Gazelte .

Stock shall be redeemed only on the surrender of the Stock Certifica te

issued.

'""..MIih. mjJ.n.,.-,_ "·'.'.,onou'qt>fIi - K_I~ ~ I>t ... /)"", " ... H' of'."" .. '", _ Kml~

M,.boIaJI n.'''''''!,<rij.o 0.1-(; . . ", _ ",....not !It< Go,~ .......... """"'" "....

I'rczz lr_ "nu !~

Need to analyze how this provision applies to your matter?

Cross-reference this statute against case law, commentaries, and related legislative provisions inside Legislator AI.

Open in Legislator →