'.75" Matt. Govemmml StodI2t02
Table of Provisions (6)
Statutory Text (6 Articles)
L.N . 86 0( 1992
LOCAL LOANS
(REGlS'TEItED STOCK AND SEC\JRm ES) O RDINANCt
(CAP. 161)
Dlrft:li~~ by W
Mlnlsl:er fit Flnanc:e
for tM ""'"' 01 LIn 1,000,000
'.75" Matt. Govemmml StodI2t02
(FI RST ISSUE)
IN exercise of the powers wnfened by ilUbsec:tion 4(1)(8) of the
Local Loans (Registered Stock and S«uril;es) Ordinance. Cap. 161.
tile Minister of Finance lIas 3mhoriscd that the , urn of LmI,OOO,(O)
7.7.5% Malta GOYernment Stock be erealed and issued as foIlOws:-
I . n.e Stock shall be imJcd a l the price of LmIOO per ce nt and
s hall be allotted by application in multiple$ of LmIOO. Appl ications for
the allotment of Stock shall open on Tuesday, 22nd September, 1992 at
9.00 I, m . and shall close at 12.00 noon on Saturday, the 3rd October,
1992 or earlier lI the diKrelion mIne Acoountant General.
Iw • • pplikan;oni sabk~ '-iSIOCk jitpoUa fuq il-listl ufflCjali w f'i<aooiu
1iI·_,.'
in·ncgozju lal· Bona la' Malla skond id·dispoiizzjonijiella· I·An la' I·
1-10110.
1990dwar il· Borta la' Malta mela dan l·iSlod jilllallas kolll, •.
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J. I$-som ma la' nus li gllandha lingahar bl·iS/Qck Ikun ta' Soon ..... • D...
LmI ,OOO,OOO.
.<Wi_.
An application for the Stock 10 be put on the offlciallisl and
trading on the Malla Stock Exchange will be made in tcnnsofthe Malta
Stock ElIchange Ad , 1990 when such Stock ha, been fully , ubscribed .
J. The sum of money to be raised by the Stock shall be
l..m1,OO},OOO .
Interest shaJl be payable in arrear half-ycarlyon the J rd day of
April and the J rd day of October of every year during the currency of
the Stock. The lirst payment ofLmJ.S7 ,5 perLmIOOStock rovering the
period from the 4th day of October, 1992 la the 3rd dayof April, 1993 ,
shaD be made on !be 3rd day of April , 1993.
A half-yearly appropriation of not Ins than LmIO ,OOO out of
the general revenue and assets of the Government of Malta shall be
made as I rontribution 10 Ihe sinking fund established for the purposeof
redeemi ng the Stock. Tbe first rontribution shan be made withio three
)'Cars from the J rd day of October. 1992.
The Stock shall be redeemed at the rate of LmlOO for every
l..mlOO Stock on such date between the 1st day of January. 2002 and the
31st day of De<lember, 2002 (both dates inclusive) as shaH be
determined by !be Accountant General and lIOIified in the Government
Gazette.
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