                          LOCAL LOAN   [ CAP. 361.        1
CHAPTER 361
LOCAL LOAN ACT
To authorise a sum of twenty-eight million nine hundred thousand
Maltese 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 1992.
(2nd February, 1993) *
Enacted by ACT III of 1993.
Short title.
Power to raise 
loan.
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 twenty-eight million nine 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
during the year 1992.
* See  Government Notice No. 82 of 2nd February, 1993.
