6.75'11> M ..... Go~~nt Stock 1997

L .N. W of 1-"2

LOCAL LOANS

(REGISTERED STOC K AND S ECURITIES) ORDI NANCE

(CAP. 161)

Dirediw by the Ministt r of Flnantt

tor the bsue oI LmIl .800,OOO

6.75'11> M ..... Go~~nt Stock 1997

(tlRST lSSUE)

IN exercise of tile: powers conferred by subsection 4(1)(.) of Ihe

Local Loan. ( Regist ered Stock and Securities) Ordir.ance , Cap. ]61.

the Minister of Finance has Ill1hori~ thal the sum of Lml',SOO.(XX}

6.7S,," Malta Go~rnmenl Stock be created and iMued as follows :-

'The Stock shall be Mucd lithe price of Lm IOO per cen t and

dlall be allotted by application in multiples of lmlOO. Applie<l1ions for

tile allotment of Stock shall open on Friday, 18th IXoembcr . 1992 at

IMl r applikazzjoni IoIIbic~ l-iSlock jitpoUa fuq il·lisla uffitjali w ""piu fir __

in-negozju lal-Bol"lllla' Malla skond id-dispoiizzjonijiel la' I-All la' 1- to'MaIuo_

1990 dwar il-Borta la' Malta meu dan l_iSlock jilhallas koUu ,

""HI'JO,

J _ Is-~ma la' flus li gbandha tingaba r bl-iSrock tkun la' Som ... ,,"n...

Lm1 1,800,OOO.

L-imllhu gbandu jithallas b'lura kull sill xhur fil ,3 la' April u

fil-J la' Otlubru la' kull SoeDD mllul il-kors ta'l-iSlock _ L-e_ci hlls

gIIaU-pcri;oou bej n il·30 la' DiOCmbru, 1992 u t-J ta ' April, ]993,

Illlandujsil fil-J la' April. 1993 ,

Approprjazzjoni kull sil l xhurla' mhux anqas minn Lm100,OOO

mid -dhul ~nerali u mill-alliv lal-O"em la' Ma]la gIIandha ~r bIlala

konlribuujoni gball ·Fond ta ' Ammortizzamenl sabiex jinfeda l-u/ock ,

L-e_el konlribuujoni ghandha ss;r fi tmicn Iliel snin mid-29 la'

Dicemhru , 1992,

6_ L-iSrock ghandu jinfeda biT-rata ta ' Lm]OO gbal kull LmIOO

llOCk fdik id-data bejn I-I la' Jannar, 1997 u 1·31 la' Dicembru, 1997 (it·

kw! dui maghdudin) kif jigi sl abbilil mill-Accountalll Gtrltral U avial

fil-Gazzclla lal-Gvern ,

00a.m. and)hallclose at 12.00 IIOOnonTucsday, the 29th D<:cembcr ,

1992 or earlier lIthe discretion of the Acwuntan! General.

2. An application for the StOCk 10 be put on the offidal lisl and

tradi ng on the Malta Stock Exchange will be made in lemu oflhe Mal l.

Slock Exchange Act. 1990 when such Slock his been fully subscribed .

J. The sum of money 10 be raised by Ihe Slock sllall be

Lm I I .800.000.

I nt~ rest sllall be payable in an c.u half·yearly On the 3rd day of

4. April and thc 3rd day of October of every year during the cu rn:nq of

tile Slock . The first payment covering the period from the 30th day of

December. 1992 to the 3rd day of April. 1993. sllall be malic on the 3rd

day of April. 1993.

5. A half-yearly appropriation of not less than Lml00.000 out of

the general revenue and assets of the Government of Malta shaU be

made as a contribo.J.tion 10 Ihe Sinking Fund established for the purpose

of redeeming the Slock. The first contribution sllall be made with in

three yean from the 29th day of Decemher. 1992.

6. The Stock sllall be redHmc:d at the rale of LmIOO for e"ery

m

Lm 100 Stock on such date between the I st day of lanuary. I

and the

31st day of Ocumher, 1997 (both dates ind usive) as shall be

detennined by the Aa:ou ntan t General and noti fied in the Governmenl

Gautte.

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