7.00 ... Malta Go~erDlMIIt SIOdI. 2803
Table of Provisions (6)
Statutory Text (6 Articles)
L.N. 76 ut '99J
LOCAL LOANS
(REGISTERED STOCK AND SECURlTIES) ORDINANCE,
(CA P. 161)
DIreo:tlft by the MIDiIter oIl'111aDee
'or
the 1 _ oILnl10,eoo,OOO
7.00 ... Malta Go~erDlMIIt SIOdI. 2803
(SECOND ISSUE)
IN exercise of the powen conferred by Subsection 4(1)(a) of the
Local Loans (RegiSlcrcd Stock and Securities) Ordinance. Cap. 161 ,
the Minister of Finance has authorised that the sum of LmlO,OOO,OOO
7.00 % Malta Government Stock be created and issued as follows:-
I. The Stock shall be is.wc:d at the price of LmlOO per cent .nd
shall be .]lolled by application in multiples of Lmloo. Applications for
the allotment of Stock shall open on Saturday, 5th June, 1993, at 9.00
a .m. and shall close.t 12.00 noon on Saturday, the 3rd July , 1993 or
earlier .ttbe di!ICI'Ction of the Accountant General.
An .pplication for the Stock to be put on the official list and
tradiq on the Malta Stock ElI:change will be made in temu of the Malt.
Stock ElI:changc Act , when such Stock has been fully IWbsaibed.
The wm of money 10 be n1ised by the Stock shall be
LmI0,00I),OOO .
Interest shaJl be p8)'l1b1e in arrear balf·ycarlyon the 3rd day of
July aM the 3rd day of January of every yeti' duri", the currency of lhe
Slack. 'fbc fim payment am:ring!be period from the 4th day of July ,
1993 to the Jed day of January , 1994, shall be made on the 3rd fhy of
January, 1994.
A h.alf·yearly appropriation of not less Ihan LmIOO,OOO OUI of
the GeneraJ Revenue and AsseIS of the Government of Malta shall he
made as a contribution to the Sinking Fund established for the pu~
of redeeming tbe Slock. lbe flnl contribution sball be made WIthin
three: yean from the 3rd fhy of July, 1993.
The Stock shall be redeemed at the nue of iAllOO for every
Lmloo Stock on such date belween the 1st day of Janl1lll1' , 2003 and tbe
31st day of December, 2003 (both dates inclusive) as shall be
determined by the Accountant General . nd notified in Ihe Government
Gazelle.
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