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Maltese Laws |
DEVELOPMENT LOAN [CAP. 229. 1
DEVELOPMENT LOAN ACT
To authorise and regulate the raising of loans for purposes relating to economic development.
(9th May, 1972)*
ACT XVII of 1972, as amended by Acts XXXV of 1973, XIII of 1983 and
XII of 1988; and Legal Notice 411 of 2007.
(2) Any loan made under the authority of this Act shall be on such terms, conditions and modalities as may be agreed between the Government of Malta and the Government, organisation, fund or other institution making the loan.
Short title.
Power to raise loans. Amended by: XXXV. 1973.2; XIII. 1983.5; XII. 1988.2;
L.N. 411 of 2007.
(a) to meet expenditure relating to the development of the economy of Malta, being expenditure authorised by an Appropriation Act or charged on the Consolidated Fund by any other law for the time being in force; or
(b) to any other purpose approved by resolution of the
House of Representatives.
Purpose of loans.
Loans to be charged on general revenues.
*See Government Notice No. 357 of 9th May, 1972.
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URL: http://www.worldlii.org/mt/legis/laws/dla229c305