7.25% Malta Government Stock 2006 (ln_1996_127) | MT

Malta Government Gazette — Legal Notice 1996 127 — 7.25% Malta Government Stock 2006

Preamble — 7.25% Malta Government Stock 2006 Open official source

L.N. 127 vi 1'"

LOCAL W AN ACT, 1996

(ACT NO. xn O F 1996)

LOCALWANS

(REGISTERED STOCK AND SECURITIES)

ORDINANCE

(CAP. 161)

DirecLlve by the Mi nister of Finance

for the Issue of L mlO,OOO,ooo

7.25% Malta Government Stock 2006

(TIDRD ISSUE)

IN exercise of the powers confcrred by Local Loan Act. 1996

and by section 4( 1 )(a) of the Local Loans (Registered Stock and

Securities) Ordinance, Cap. 161, the MinisterofFinance has authorised

that the sum o f LmlO.OOO.OOO 7.25% Malta Governmen t Stock be

created and issued as fo llows:-

I. The present issue of Stock is being made for the purpose of Purpoooof .......

making good part of the deficit incurred by the Consolidated Fund to

meet expenditure during the year 1995 and that projected to be incurred

in the year 1996.

Malta Government Gazette — Legal Notice 1996 127 — 7.25% Malta Government Stock 2006

Reg. 2 — 7.25% Malta Government Stock 2006 Open official source

The Stock s hall be issued at the price ofLmlOO per cent and _of l .... i'" SlocI

shall be allotted by application in multiples of Lm [00. Applications

for the allotment of Stock shaH open on Monday. 8th Jul y. [996 at

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1996 127 — 127 tal-1996 – Direttiva mill-Ministru tal-Finanzi għall-Ħruġ ta' Lm10,000,000 7.25% Stock tal-Gvern ta' Malta 2006 (IT-TIELET ĦRUĠ)

Reg. 3 — 127 tal-1996 – Direttiva mill-Ministru tal-Finanzi għall-Ħruġ ta' Lm10,000,000 7.25% Stock tal-Gvern ta' Malta 2006 (IT-TIELET ĦRUĠ) Open official source

Kull persuna uJjew emi jistghu japplikaw gtlal dan l-iStock, P~d ...... l ' .hori

L-ghoti ta' l·iS/ock jinghata lil mi n japplika l-ewwel, iida tinghala la' l·i.floct.

preferenza lill-applikanti li m'humie:< istituujonijiet bankarji.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1996 127 — 127 tal-1996 – Direttiva mill-Ministru tal-Finanzi għall-Ħruġ ta' Lm10,000,000 7.25% Stock tal-Gvern ta' Malta 2006 (IT-TIELET ĦRUĠ)

Reg. 4 — 127 tal-1996 – Direttiva mill-Ministru tal-Finanzi għall-Ħruġ ta' Lm10,000,000 7.25% Stock tal-Gvern ta' Malta 2006 (IT-TIELET ĦRUĠ) Open official source

Issir applikazzjoni sabie:< l-iS/Ock jitqieghed fuq il-lisla Ntgozjufi].8otb

ufficjali u j s ir negozjar tieghu fiI - Boria la ' Malta skond id- ::'~',

dispoiiujonijiet ta' I-All dwar il-Boria ta' Malta mela dan l-iStock

jigi allokal.

S. Is-somma ta' nus li ghandha ti ngabar bl-iS/ock Ikun ta' Sommala' n.

I1 &f>Mdha1;"pt.,

Lm J 0 ,000.000,

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1996 127 — 127 tal-1996 – Direttiva mill-Ministru tal-Finanzi għall-Ħruġ ta' Lm10,000,000 7.25% Stock tal-Gvern ta' Malta 2006 (IT-TIELET ĦRUĠ)

Reg. 6 _ 0' 10lllril:00aujofti &f>III.Fond ... — 127 tal-1996 – Direttiva mill-Ministru tal-Finanzi għall-Ħruġ ta' Lm10,000,000 7.25% Stock tal-Gvern ta' Malta 2006 (IT-TIELET ĦRUĠ) Open official source

Approprjazzjoni kull si lt xhur la' mhux anqas minn

LmiOO.ooo mid·Dhui Gcnerali u miJI·Altiv tai-Gvem ta' Malta ghandha

ssir bhala kontribuzzjoni ghall·Fond ta' Ammortiuament sabiexjinfeda

l· iSLOck. L-ewwel konlribuzzjoni ghandha ssir malull-ewwel sill xhur

las·sena 1997 .

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1996 127 — 127 tal-1996 – Direttiva mill-Ministru tal-Finanzi għall-Ħruġ ta' Lm10,000,000 7.25% Stock tal-Gvern ta' Malta 2006 (IT-TIELET ĦRUĠ)

Reg. 7 — 127 tal-1996 – Direttiva mill-Ministru tal-Finanzi għall-Ħruġ ta' Lm10,000,000 7.25% Stock tal-Gvern ta' Malta 2006 (IT-TIELET ĦRUĠ) Open official source

L-imghax bir-rala la' Lm3.625 ghal kull Lm 100 Stock ghandu

jith alJas b'lura kull sin xhur n · 20 ta' Jan nar u n -20 la'

Lulju ta' kull semi malUl il-kors la' l-iStock. L-ewwel hlas reiattiv

ghall-perjodu mill·2 1 la' Lulju, 1996 saI·W ta' Jannar, 1997 ghandu

jsir n·20 la' Jannar .1997. L-ahhar hlas pro rata relalliv ghall.perjodu

mill·21Ia' Jan nar, 2006 sa 1·1 la' Awissu, 2006 ghandujsir fid-data

lal-fidwa 1· 1 la' Awissu, 2006.

L· iStockjinfeda b'paritA n-I ta' Awissu, 2006.

8.

Malta Government Gazette — Legal Notice 1996 127 — 7.25% Malta Government Stock 2006

Reg. 8 — 7.25% Malta Government Stock 2006 Open official source

30 a.m. and shall close at 12.00 noon on Saturday, 20th July, 1996 or

earlier at the discretion of the Accountant General.

3. All persons and/or entities are eligible to apply. Allotment AIIormenI I'die)'.

wiH be on a first-applied first-accepted basis with preference being

given to non-banking applicants.

4. An application for the Stock to be put on the official list and Troding on ,he Mala

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

Malta Stock Exchange Act. when the Stock has been allotted.

S. The sum of money to be raised by the Stock shall be

LmIO.OOO,OOO.

6. A half-yearly appropriation of not less than LmlOO.()(H) out Ratoor contribution

of the General Revenue and Assets of the Government of Malta shall ,oSi";"I ""nd.

be made as a contribution to the Sinking Fund established for the

purpose of redeemi ng the Stock. The first contribution shall be made

during the rlfSt six months of the year 1997.

7. Intcrest at the rate of Lm3.625 for every Lml OO Stock shall

be payable in arrear half-yearly on the 20th January and the 20th

of Ju ly o f every year du ri ng the currency of the Stock. The first

payment covering the period from the 2 1st Ju ly, 1996 to the 20th

Janual)', 1997 shall be made on the 20th day o f Jan uary, 1997. The

last pro-rata pay ment covcring the period from the 2 1st day of January,

2006 to the 1st day of August, 2006 shaH be made on the redemption

datc 1st August, 2006.

The Stock shal l be redeemed at par on the Isl August, 2006.

8,

7.25% Malta Government Stock 2006

Table of Provisions (7)

Statutory Text (7 Articles)

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