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ln_1995_116 MT

116 tal-1995

6 Articles / Provisions · Malta
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Table of Provisions (6)

Statutory Text (6 Articles)

Malta Government Gazette — Legal Notice 1995 116 — 116 tal-1995 – Direttiva mill-Ministru tal-Finanzi għall-Ħruġ ta' Lm10,000,000 6.9% Stock tal-Gvern ta' Malta 2002 (IT-TIELET ĦRUĠ)

L.N. 116 or 1995

LOCAL LOAN ACT , 1995

(ACT NO. XVIII 01-' 1995)

LOCAL LOANS

(REGISTER E D STOCK AND SECURJTI F.S)

ORDlNANCE (CAP. 161)

Directive by the Minister of Finance

for the Iss ue of LmIO,OOO,OOO

6.9 % Malta Government Stock 2002

(THIRD ISSUE)

IN ellercise of the powef$ conferred by Local Loan Act, 1995

and by sections 4( I Xa). 3 1 (a)(b). and 32 of the Local Loons (Registered

Stock and Securities) Ordinance, Cap. 161, the Minister of Finance

has authorised that the sum of lm lO.OOCl,OOCl 6.9% Malta Government

Stock be created and issued as folloW5: -

Malta Government Gazette — Legal Notice 1995 116 — 116 tal-1995 – Direttiva mill-Ministru tal-Finanzi għall-Ħruġ ta' Lm10,000,000 6.9% Stock tal-Gvern ta' Malta 2002 (IT-TIELET ĦRUĠ)

The Stock shall be issued a!the price of Lmloo percent and _ o f i

shall be allotted by application in multiples oflmloo. Applications

for the allotment of Stock shall open on Monday. II th September,

1995 al 8.30 a.m. and shall close at 12.00 noon on Saturday, 30th

September,l995 or earlier at the discretion orthe Accountant General.

All persons andlor entities are eligible to apply. Allotment AI_h' PoIiqo .

Malta Government Gazette — Legal Notice 1995 116 — 116 tal-1995 – Direttiva mill-Ministru tal-Finanzi għall-Ħruġ ta' Lm10,000,000 6.9% Stock tal-Gvern ta' Malta 2002 (IT-TIELET ĦRUĠ)

will be on a first·applied first·accepled basis with preference being

given to non. banking applicants.

Malta Government Gazette — Legal Notice 1995 116 — 116 tal-1995 – Direttiva mill-Ministru tal-Finanzi għall-Ħruġ ta' Lm10,000,000 6.9% Stock tal-Gvern ta' Malta 2002 (IT-TIELET ĦRUĠ)

An application for the Stock to be put on the officiallisl and n.ti"llon , ... M.tu

trading on the Malta Stock Exchange will be made in terms of the ~.k:~.

Malla Stock Exchange Act. when the Stock has been fully subsc ribed.

4 . The sum of money 10 be rai sed by the Stock shall be S ..... of..,...yto ...

lmlO,OOO.OOO.

5 . On issue date, two parts out o f every five of the total balance R-.of «A"it: -jge

standing to the credit o f the Sinking Funds of the Stocks declared as oos-.... Fund.

being redeemed in the seven Treasury Not ices published in the

Government Gazette of Friday, 25th August. 1995 will be transferred

to the Sinking Fund 6 .9% Malta Government Stock 2002 (HI)

established for the purpose of redeeming the Stock. A further half-

yearly appropriation of not less than lm loo,OOO out of the General

Revenue and Assets of the Government of Malta shaU be made as a

contri bution to this same Sinking Fund. The first contribution shall be

made during the first six months o f the year 1996.

Interest at the rate of Lm3.45 for every LmlOO Stock shall

Malta Government Gazette — Legal Notice 1995 116 — 116 tal-1995 – Direttiva mill-Ministru tal-Finanzi għall-Ħruġ ta' Lm10,000,000 6.9% Stock tal-Gvern ta' Malta 2002 (IT-TIELET ĦRUĠ)

be payable in arrear half-yearly on the 30th Marc h and the 30th

of September of every year during the currency of the Stock. 1lIe

fll'Sl payment covering the period from the 1$1: October. 1995 to the

30th March, 1996 shall be made on the 30th day of March, 1996 .

TIle Stock shall be redeemed at pat on the 30th September,

7. 2002.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1995 116 — ATT TA' L-1995 DWAR SELF LOKALl (ATT NRU. xvm TA' L- 1995) ORDINANZA DWAR SELF LOKALI (STOCK U T ITO Ll REGISTRA T I) (KAP. 161)

L-iStock jinfeda b'paritA fil-30 ta' Settembru, 2002.

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