85 tal-1992
Table of Provisions (7)
Statutory Text (7 Articles)
L. N. 85 of 1992
LOCAL LOANS
(REGISTERED STOCK A.ND SECUR ITIES) ORD INANCE
(CAP. 161)
Dlrertlw by tM Mlnlsur III f\1WIC't
ror tht . . . . 01 LmI ,OOO,OOO
7.25 '" Milt. Government Stock 2000
(SECOND ISSUE)
IN e~ercise of t he POWCI'$ conferred by subsection 4( I X.) of Ihe
Local Loans ( Registered Stock and Securili~) Ordi nane(:, Cap. 161.
the Minister of Fi nance has authorised that the sum of Lml.OOO ,OOO
7.25% Mal ta ~mmenl Stock becrealed and issued at folloW!.:-
The Stoc k sh all be issued al the price of Lro IOO per cent and
shall be aHolled by application in multiples of LmIOO. Applications for
the allolmenl of Slack shall opc n on Tue$day. 22nd September , 1992 al
9,OO'.m . • nd shall dO§C at 12,00 noon on Saturday. the 3rd October,
1992 or earlier . l lhe d~tion of Ihe Aa:ountanl General.
An ' pp1iealion for the Stock 10 be pu t on tile official list and
lradingon the Malt. Stock Exchange will be made in terms orlhe Mall.
Stock E:ilehange Act , 1990wkcn such Stock has bee n fully subscribed.
The sum of money to be raised by the Su)Ck shall be
LmI ,IOl.OO).
• • Interest shall be payable in arrur half·ycarlyon the 3rd day of
April and the 3rd day of Octobe r of ever)' year duringlhe currency of
the Stock. The fi n t pa~nl ofLmJ.62 ,S per Lm IOOSlock oovering the
pe riod from the 4th day of October . 1992 to the 3rd day of April, 1993.
shall be made on the 3rd day of April , 1993.
L-imgbax gh.andu jilllallas b'lun kull5in llhur fit -l iB' April u Ill .... · .......
fil-3 la' Onubru la' kun sena matul il·kors 11' l·lStocli. . loc_el hlas la'
LmJ.62 ,S tuU LmlOO Stocli. rela uivamenl ghall-perjodu bejn 1-4 la'
Ouubru . 1992 u 1-3 la· April. 1991. ghandu isir fil-3 la· April. 1993.
A half-yea rly appropriation of not less than LmIO.1Ol out of
the general revenue and assets of the Governme nt of Malta shall be
made as a oontribution to the sinking fund established for the purpose of
redee mi ng the Stock. The fi n t oontrihutio n shall be made within three
years from the 3rd day of Octobe r. 1992.
The Stock shall be redeemed at the rate of LmI OO for ever)'
Lm 100 Stock on such date betwee n the ht day of January , 2IXlO.nd the
31s1 day o f Deambe r . 2000 (both dates incl u51ve) as shall be
determi ned by the Aa:()u ntanl General and notified In the G overn ment
GllZCtle.
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