40 tal-1994
Table of Provisions (6)
Statutory Text (6 Articles)
L.N. 40 01 19M
LOCAL LOANS
(REGlSTERED STOCK AND SECURITIES) ORDINANCE.
(CAP. 161)
Dlndfye by the MlDistft" 01 f'lIIuItt
for tile __ of Lm18, 700,000
6. 7~ Malta Govtrnmml Stock 2004
(FlRST ISSUE)
IN ~ercise of the powers oonferred by subsection 4(1)(.) of !.be
Loeal Loans (RcJistered Stock and Securities) Ordinance . Cap. 161,
the Minister of Fmaooe ha authorised tb.llhe ilUm of Lm I8,700,OOO
6,7% Malta Government Stcw:t be (:fealed and issued as follows:-
I. _ The Stock shall be is6ucd . 1 the price of LmtOO per cent and
shall be allotted by application in multiples of LmtOO. Applialtions for
the allotment o f Stock shall open on Monday, 4th April , 199<\, al 9.00
un . and shall dose a' 12.00 noon on Saturday, 23rd April, 1994, o r
earlier althe discretion of the Acco untant General.
Allotm<:nt will be on • first applied fint accepted basis with
preference being given 10 non banking applicants.
An application for the Sto<:t to be put on the offi<:iallist and
rradiol on the Malla SlocIi:: Exchan~ will be made in te rms of the Malt.
Stock E:lchangc Act , when such Stock has been fully subscribed .
.. 1be $lUll of money to be raised by the Stock shall be
LmI8,700,OOO.
ls-somma ta' Dus li gbaodha tingabar bI-iStoc.\: tkun lJI'
Lm18,700,OOO.
interest shall be payable in arrear hal f-yearly o n the 23rd day of
April Bnd the 23rd day of October of every year during the culTency of
the Stock. The first payment covering the period from the 24th day of
April . 1994 to the 23rd dayofOdober, 1994, mall be made on the23rd
day of October , 1994.
• • An annu.al appropriation of not less than Lm314,OOOoul ofthe
General Revenue and Assets of the Government of Malta shall be made
as a contribution to the Sinking Fund established for the pu rpose of
redeeming the Stock. 1be first cootribution shall be made during the
year 1996.
1. The Stock shall be redeemed al the rale of LmIOO for every
Lm IOO Stock o n the 23rd April, 2004 .
........... 11-1>. - , ,Ijo<ol-GY<ro _ _
• • "", •••• _.~"",
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L-iSlod: gbaodu jiofeda bir·rala la' LmlOO gbalkull LmlOO _
Stock fil·23 ta' April. 2004.