AN ACT 10 IIwlw,iJl' lI SlUn Ofllli'ly·foll' million 1"'0 IlImdred Ihou)'imJ Mulll'SI' li,; IQ tu- raised in MO/Ill by "'11)' of /0011 for Ihl' purpoJI' of making gQO(llht' dl'jicil inCllffl'd by lilt' COItsolidol('d Fund 10 mUI I'Xpt'ndiw,t' during Ihl' J(,II' 198'1.

I asse m.

(L.S.)

CARMELO CARUANA

Acting President

13th No' ·ember. 1990

ACT No . XXX IV of 1990

AN ACT 10 IIwlw,iJl' lI SlUn Ofllli'ly·foll' million 1"'0 IlImdred Ihou)'imJ

Mulll'SI' li,; IQ tu- raised in MO/Ill by "'11)' of /0011 for Ihl' purpoJI' of

making gQO(llht' dl'jicil inCllffl'd by lilt' COItsolidol('d Fund 10 mUI

I'Xpt'ndiw,t' during Ihl' J(,II' 198'1.

BE IT ENAcrED by the Preside nt. by and wit h the advi ce :1"J

consent of th e Ho use o f Representlltives. in thi s prese nt l'l,rliam cnt

assembled. and by th e authority of the Sllme. as follows:-

I. This Act may be cited as the L<.>c~ 1 Loon Act. 1990.

(1) SUbject to the provisions of this Act. the Government of

Malta may raise in Malt a by way of 10.1 11 U su m of mo ney not exec e!.ling

thi rty· fo ur milliun IWO hundre!.l tho usa nd Malte se Liri.

(2) For the purpose of raising the loan as aforesaid . the

Minister responsible for finance is he reby aUlhorised to issue stock in

M31ta unde r the provisions of th e Local Loans ( Rcgis!ered Stock und

Secu rities) Ordina nce: and the 10110 mi,de under the pruvisions of th is

section sh~11 be madc on su~h te rm, UI1!.l co n!.lilion s as Ih e sa id Minbt er

may approve.

J. An y mOllcy tx>rmv...,d undcr the aUl horily u f this Act ,halll1oC

appropria ted lInd ppplied for the PUIJlOloC o f making good tiN: derlC;t

incurrc!.l by The Consolidated Fund 1<1 meet e ~pcnditu rc d uring the )"CI' I

19119.

Passed by the House of RepresenTatives at Silt ing No. 438 of the 121h Novembe r.

1990. L AWM llN<.:E GO NZ I

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P . M USCAT T F. MMfIlIL E

Clerk IQ Ihe lIousl' of R~P't'St'nlUli'·B.

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