80 tal-1991
Table of Provisions (6)
Statutory Text (6 Articles)
L.N. 80 or 1991
LOCAL LOANS (REGISTERm STOCK AND St:CURITlES)
ORDINANCE, CA P. 161
Oiredivt' by tht' Minislft" of FinaJlCt'
fO<" t ht' 1sIiUt' ot I.m I ,000,000
SVI % Registt'r«I Debenture! 1994
IN cxercise of the powers conferred by Section 4(1 )(b) oflhe Local
Loans (Registcrcd Stock and Sccurities) Ordinance, Cap. 161, the
Minister of Finance has authorised Ihat the sum of LmI.(KX).(KX) 51h%
Registered Debentures 1994 be crea ted and ;!;.Sued as follows:-
The Dcbenture5 shall be issued in mul tiples of LmSOO at the
3rd Jun e, 1991 Ht 9.00 a.m. and shall close at 12.00 noon. Saturday the
15th June. 1991 or ea rlier at the discretion of the Accountant General.
The sum of money to be raised by the regi stered deben tures
shall be Lm l .(KX).(KX).
J. Interest shall be payable in arrear quarterly on the 15th day of
March. June, September and Dece mber of every yea r du ri ng the
currency of the debenture. The first payment of Lm 1.37.5 per Lm 100
debentu re covering the period from the 16th day of Ju ne 1991 to the
15th day of September. 1991 , sha ll be made on the 15th day of
September, 199 1.
A half-yearly appropriat ion of not less than LmSO.(KX) out of
the gen eral revenue and assets of the Government of Malta shall be
made as a com rih ution to the sinking fund establ ished for the purpose of
redee ming the Deben tures. The first contri buti on shall be made wi thin
a year from the 16th day of June, 199 1.
The Debentures shall be redee med al par on the 15th
December. 1994 as determined by the Accountant General and notified
in the Gazettc. Debenture rede mpt ion moneys shall on ly be payable on
the surrender of the Debe nt ure issued.
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konlribuzzjoni shall-fond ta' am mortizzamcnt sabicx jifdi I- . ",,,,,,,,,;u.m<nl .
Obblisazzionijic t. L-ewwel kont ribuzzjoni ghandha ssir ri tmie n sena
mis- 16 ta' Cunju, 1991.
S. L-Obhligau}onijie t ghandhom jigu mifdi ja h'parila ' fiE- IS la'
Dite mbru , 1994 kif slabbilit mitl·Acroumanl Grnull/ u a..ut fiE·
Gazzena. L·Qbbligazzjonij iet jilhalLsu biss mal·konsenja tao!-Certifikal
ta ' !-Obbligazzjoni mahruga.