ln_1996_175

6.3% Malta Government Stock 1999

8 Articles / Provisions · Malta

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Table of Provisions (8)

Preamble Reg. 1 Reg. 2 Reg. 3 Reg. 4 Reg. 6 Reg. 7 Reg. 8

Statutory Text (8 Articles)

Malta Government Gazette — Legal Notice 1996 175 — 6.3% Malta Government Stock 1999

Preamble — 6.3% Malta Government Stock 1999 Open official source

L.N. 175 01 1996

LOCAL WAN ACT, 1996

(ACT NO. x:n OF 1996)

LOCALWANS

(REGISTERED STOCK AND SECURITIES) ORDINANCE

(CAP. 161)

Directive by the Minister or f1nance

ror the Issue or Lm3,ooo,ooo

6.3% Malta Government Stock 1999

(FlFfH ISSUE)

IN exercise of the powers conferred by the Local Loan Act, 1996

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

Securities) Ordinance, Cap. 161, the MinisterofFinance has au thorised

that the sum ofLm31X1J,ooo 6.3% Malta GovemmentStock becreated

and issued as follows:-

Malta Government Gazette — Legal Notice 1996 175 — 6.3% Malta Government Stock 1999

Reg. 1 — 6.3% Malta Government Stock 1999 Open official source

The present issue of Stock is being made for me purpose of ~~ ....

making good part of the deficit projected to be incurred by the

Consolidated Fund in the year 1996.

The Stock shall be issued at the price ofLm 100 per cent and Modo of ......

Malta Government Gazette — Legal Notice 1996 175 — 6.3% Malta Government Stock 1999

Reg. 2 — 6.3% Malta Government Stock 1999 Open official source

shall be allotted by application in multiples of Lm lOO. Applications Sooc:k.

for the allotment of Stock shall open on Monday, 23rd September,

1996 at 8.30a.m. and shall close at 12.00 noon on Saturday, 28th

September, 1996 or earlier at the discretion of the Accountant General.

Malta Government Gazette — Legal Notice 1996 175 — 6.3% Malta Government Stock 1999

Reg. 3 — 6.3% Malta Government Stock 1999 Open official source

All persons and/or entities are eligible to apply. Allotment A~ I'dity.

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

given to non-banking applicants.

Malta Government Gazette — Legal Notice 1996 175 — 6.3% Malta Government Stock 1999

Reg. 4 — 6.3% Malta Government Stock 1999 Open official source

An application for the Stock to be put on the official list and Tr.din ......... Mal ..

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

Malta Stock EXChange Act, when the Stock has been allotted.

5, The sum of money to be raised by the Stock shall be S~mof_ylObc

Lm3,OOO,ooo.

Malta Government Gazette — Legal Notice 1996 175 — 6.3% Malta Government Stock 1999

Reg. 6 — 6.3% Malta Government Stock 1999 Open official source

A half-yearly appropriation of not less than Lm30,ooo out ~ of._boo:ion

of the General Revenue and Assets of the Government of Malta shall coSinl:. .... fIoncI.

be made as a contribution 10 the Sinking Fund established for the

purpose of redeeming the Stock. The first contribution shall be made

during the latter six months of the year [997.

Malta Government Gazette — Legal Notice 1996 175 — 6.3% Malta Government Stock 1999

Reg. 7 — 6.3% Malta Government Stock 1999 Open official source

Interest at the rate of Lm3. IS for every Lm 100 Sux:k shall be

payable in arrea r half-yearly on the 28th March and the 28th of

September of every year during the currency of the Stock. TIle fi rst

payment covering the period from the 29th September, 1996 to the 28th

March. 1997 shall be made on the 28th day of March. 1997 .

Malta Government Gazette — Legal Notice 1996 175 — 6.3% Malta Government Stock 1999

Reg. 8 — 6.3% Malta Government Stock 1999 Open official source

The Stock shall be redeemed at par on the 28th September.

1999.

6.3% Malta Government Stock 1999

Table of Provisions (8)

Statutory Text (8 Articles)

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