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Bill No. 152
Local Loans (Registered Stock and Securities) Ordinance (Amendment) Bill Back to List

Twelfth Legislature (2013 - 2017)

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Debated in 1st Reading 2nd Reading Committee Recommittal 3rd Reading
Sitting No. 380  -  25 Apr 2016
Plenary Session 		⦿
Sitting No. 383  -  02 May 2016
Plenary Session 		⦿ ⦿
Sitting No. 384  -  03 May 2016
Plenary Session 		⦿

Objects and Reasons

The object of this Bill is to enable the Minister for finance to raise money by way of loan for the purpose of lending to the Single Resolution Board an unsecured loan facility of up to sixty-six million Euro (€66,000,000) in terms of the Loan Facility Agreement between the Republic of Malta and the Single Resolution Board to be entered into in pursuance of Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing  uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010.

Motion No. 327 - Local Loans (Registered Stock and Securities) Ordinance (Amendment) Bill

Act No. XXIII of 2016 - Local Loans (Registered Stock and Securities) Ordinance (Amendment) Act

 

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