LOCAL LOAN  [ CAP. 384.        1
CHAPTER 384
LOCAL LOAN ACT
To authorise a sum not exceeding thirty-two million, five hundred
thousand liri to be raised in Malta by way of loan for the purpose of
making good the deficit incurred by the Consolidated Fund to meet
expenditure during the year 1994.
(13th June, 1995) *
Enacted by ACT XVIII of 1995.
Short title.
Power to raise 
1oan. 
2. (1) Subject to the provisions of this Act, the Government
of Malta may raise in Malta by way of loan a sum of money not
exceeding thirty-two million, five hundred thousand Maltese liri.
Cap. 161.
(2) For the purpose of raising the loan as aforesaid, the
Minister responsible for finance is hereby authorised to issue stock
in Malta under the provisions of the Local Loans (Registered Stock
and Securities) Ordinance; and the loan made under the provisions
of this section shall be made on such terms and conditions as the
said Minister may approve.
Purpose.
be appropriated and applied for the purpose of making good the
deficit incurred by the Consolidated Fund to meet expenditure
incurred during the year 1994.
* See  Government Notice No. 385 of 13th June, 1995.
