ln_2005_134

Fungibility Issue

7 Articles / Provisions · Malta

Open official source Machine-readable Markdown (.md)

Table of Provisions (7)

Preamble Reg. 1 Reg. 2 Reg. 3 Reg. 4 Reg. 5 Reg. 6

Statutory Text (7 Articles)

Malta Government Gazette — Legal Notice 2005 134 — Fungibility Issue

Preamble — Fungibility Issue Open official source

L.N. 134 of 2005

BUDGET MEASURES IMPLEMENTATION ACT, 2005

(ACT NO. II OF 2005)

LOCAL LOANS

(REGISTERED STOCK AND SECURITIES) ORDINANCE

(CAP. 161)

Directive by the Prime Minister and Minister of Finance

for the Issue of Lm15,000,000

5% Malta Government Stock 2021

Fungibility Issue

IN exercise of the powers conferred by the Budget Measures

Implementation Act, 2005 and by article 4(1)(a) of the Local Loans

(Registered Stock and Securities) Ordinance, the Prime Minister

and Minister of Finance has authorised that the sum of Lm15,000,000

5% Malta Government Stock 2021 be issued as follows>–

Mode of issuing

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

1. Stock.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 2005 134 — ATT TA’ L-2005 LI JIMPLIMENTA MI}URI TA’ L-ESTIMI (ATT NRU. II TA’ L- 2005) ORDINANZA DWAR SELF LOKALI (STOCK U TITOLI RE:ISTRATI) (KAP. 161)

Reg. 1 — ATT TA’ L-2005 LI JIMPLIMENTA MI}URI TA’ L-ESTIMI (ATT NRU. II TA’ L- 2005) ORDINANZA DWAR SELF LOKALI (STOCK U TITOLI RE:ISTRATI) (KAP. 161) Open official source

Mod tal-{ru; ta’ l-

iStock.

Malta Government Gazette — Legal Notice 2005 134 — Fungibility Issue

Reg. 2 — Fungibility Issue Open official source

All persons and, or entities are eligible to apply for this Stock. Allotment Policy.

Allotment will be applied as set out in the prospectus.

Malta Government Gazette — Legal Notice 2005 134 — Fungibility Issue

Reg. 3 — Fungibility Issue Open official source

(a) In terms of the Financial Markets Act, when the Stock Trading on the

Malta Stock

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

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

(b) On the 9 th August, 2005, after the payment of the first

dividend, this stock will be integrated with the existing issue 5% Malta

Government Stock 2021 and shall thereafter both be deemed to be one

Stock.

Malta Government Gazette — Legal Notice 2005 134 — Fungibility Issue

Reg. 4 — Fungibility Issue Open official source

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

Lm15,000,000. The Accountant General reserves the right to increase raised.

the sum of money to be raised by a maximum of Lm10,000,000.

Malta Government Gazette — Legal Notice 2005 134 — Fungibility Issue

Reg. 5 — Fungibility Issue Open official source

Interest at the rate of Lm2.50,0 for every Lm100 Stock will Rate of interest and

dates of payment.

be payable half-yearly in arrear on the 8 th day of February and the 8 th

day of August in every year for the duration of the Stock. The first pro-

rata payment covering the period from the 25 th day of May, 2005 to the

8 th day of August, 2005 shall be made on the 8 th day of August, 2005.

The Stock shall be redeemed at par on the 8 th August, 2021.

Malta Government Gazette — Legal Notice 2005 134 — Fungibility Issue

Reg. 6 — Fungibility Issue Open official source

Redemption of

Stock.

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

Fungibility Issue

Table of Provisions (7)

Statutory Text (7 Articles)

Need to analyze how this provision applies to your matter?