Legislator Case Law & Legislation
ln_1991_78 MT

6.S ~ Local J)e.'doptMn l Regislend Stock 1996197

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

Statutory Text (4 Articles)

Malta Government Gazette — Legal Notice 1991 78 — 6.S ~ Local J)e.'doptMn l Regislend Stock 1996197

L.N. 78 of 1991

LOCAL LOANS ( R~:;clSTF.RED STOCK AND S~::cURITIES)

O RDIN ANCE , CAP. 161

l)irf'(:li~t by IM Mlnlsltr of Fln.~

ror IM issue 01 Lml.500,OOO

6.S ~ Local J)e.'doptMn l Regislend Stock 1996197

(T HIRD ISSUE)

IN exercise of the powers conferred by Section 4(1)(a) of the Local

Loans ( Registered SI()(k and Securities) Ordinance , Cap. 16 1. the

Minister of Fi nance has aut horised that the sum o f Lm 1.500.000 6.5 %

Local Developmen t Registered Stock 1996197 (Third Issue) be created

and issued as folLows:-

I. The Stock shall I;)e issued al the price of Lm 100 per cent and

shall be allotted by application. The Slock. when fully paid. shall be

registered. Applica tions for the allot men t of Stock shall open on

Monday, 3Td June, 1991 011 9.00 a.m. and shall clQs.e al 12.00 noon on

Sat urday, the 15th June. 1991 or earlier al Ihe discretion of the

Accountant General.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1991 78 — 78 tal-1991 – Direttiva mill-Ministru tal-Finanzi, għall-Ħruġ ta' Lm1,500,000 6.5% Stock Lokali Reġistrat għall-Iżvilupp 1996/97 - (It-Tielet Ħruġ)

~ppli kazzjon i.

MCla jithallas ghal kollo~ l·iS/od jigi registral.

Applikazzjonijiel ghall·gholi la ' l· iSIQC/( jiflhu I·T nejn, 3 ta ' Gunju.

1991, fid ·9 a.m. u jaghlqu fnofs in·nha r la' nhar is·Sibl, IS la' Gunju,

1991 jew qabel fid,diskrezzjoni la ' I,A« Qllmon/ Gt:naol.

Malta Government Gazette — Legal Notice 1991 78 — 6.S ~ Local J)e.'doptMn l Regislend Stock 1996197

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

LmI.500.000.

Malta Government Gazette — Legal Notice 1991 78 — 6.S ~ Local J)e.'doptMn l Regislend Stock 1996197

Interest shall be pay~ble in arrear half-yearly on t he 15th dayof

JUlle alld the 15th day of December of every year du ring theeurrency of

the Stock . The first payment of Lm3.25.0 per LmJOOStock cove ring the

period from the 16th day o f June. 1991 to the 15th day of Dccembe r.

1991. shall be mode on the 15th day of December. 199 1.

... A half-ye arly appropriation o f not less than Lm I5.000 out of

the gcne ral rcve nue and anelS o f the GO\'cmment of Malta shall be

made as a contribu tion to the sinking fund established for the purpo!lSC of

redeem ing the Stock . The first contribution shall be made within three

years from the 16th day of June. 199J .

The Stock shall be redee med at par on such da te between the

S.

1st day of January. 1996 and the 31st day of December. 1997 (bot h dates

illclusive) as shall be dete rmined by the Accou ntant General and

notified ill the Gazette. Stock shall be redeemcd only on the surrender

of the Stock Ce rtificate issucd.

o.r-_ '" I~""""""'" _ K_'j<.

IpptJJbllh. "Qd·Dij;. , __ . ' /./-!- ,qo... . K_1o

~ ~~ ...

f'",.

~lilbu&l' n.I .. __ "" 'al.Qve",

!'.uo0r4 .. "'" G<>w...-~, /'rift"",

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 →