The main objects of the Bill are:

l. to avoid the need of specific appointments whenever the Governor and
Deputy Governor are absent even for short periods;
2. to enable the Central Bank to deal in shares, bonds and debentures of
bodies corporate. approved by the Minister of Finance;
3. to empower the Central Bank to deal in gold bullion within fixed limits
and subject to restrictive conditions:
4. to bring existing legislation into line with the more popular name of the
unit of Maltese currency - the Maltese lira.