Legislator Case Law & Legislation
ln_2004_373 MT

for the Issue of Lm 20,000,000 5.1% Malta Government Stock

7 Articles / Provisions · Malta
Open official source Machine-readable Markdown (.md)

Table of Provisions (7)

Statutory Text (7 Articles)

Malta Government Gazette — Legal Notice 2004 373 — for the Issue of Lm 20,000,000 5.1% Malta Government Stock

L.N. 373 of 2004

BUDGET MEASURES IMPLEMENTATION ACT, 2004

(ACT NO. II OF 2004)

LOCAL LOANS

(REGISTERED STOCK AND SECURITIES) ORDINANCE

(CAP. 161)

Directive by the Prime Minister and Minister of Finance

for the Issue of Lm 20,000,000 5.1% Malta Government Stock

(First Issue)

IN exercise of the powers conferred by the Budget Measures

Implementation Act, 2004 and by article 4(1)(a) of the Local Loans

(Registered Stock and Securities) Ordinance, Cap. 161, the Prime

Minister and Minister of Finance has authorised that the sum of

Lm20,000,000 5.1% Malta Government Stock be issued as follows>–

Malta Government Gazette — Legal Notice 2004 373 — for the Issue of Lm 20,000,000 5.1% Malta Government Stock

This Stock shall be issued as set out in the prospectus.

Malta Government Gazette — Legal Notice 2004 373 — for the Issue of Lm 20,000,000 5.1% Malta Government Stock

All persons and#or entities are eligible to apply for this Stock.

Allotment will be applied as set out in the prospectus.

Malta Government Gazette — Legal Notice 2004 373 — for the Issue of Lm 20,000,000 5.1% Malta Government Stock

In terms of the Malta Stock Exchange Act, when the Stock

has been allotted, an application shall be made for the Stock to be placed

345. on the official list and for trading on the Malta Stock Exchange.

Malta Government Gazette — Legal Notice 2004 373 — for the Issue of Lm 20,000,000 5.1% Malta Government Stock

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

Lm20,000,000.

Malta Government Gazette — Legal Notice 2004 373 — for the Issue of Lm 20,000,000 5.1% Malta Government Stock

Interest at the rate of Lm 2.55, 0 for every Lm100 Stock will

be payable half-yearly in arrear on the 16th day of February and on the

16th day of August in every year for the duration of the Stock. The

first payment covering the period from the 17th day of August, 2004

to the 16th day of February, 2005 shall be made on the 16th day of

February, 2005.

The Stock shall be redeemed at par on the 16th August, 2022.

Malta Government Gazette — Legal Notice 2004 373 — for the Issue of Lm 20,000,000 5.1% Malta Government Stock

Mitbug[ fl-Istamperija tal-Gvern — Printed at the Government Printing Press

Need to analyze how this provision applies to your matter?

Cross-reference this statute against case law, commentaries, and related legislative provisions inside Legislator AI.

Open in Legislator →