Cap. 616 Art. 4Mechanism for issuing of guarantees.

(1) Any guarantee issued in accordance with article 3

shall be subject to the terms incorporated in the Contribution

Agreement:

Provided that the guarantee issued by the Government of Malta shall not exceed the aggregate amount of twelve million, two hundred and ninety-seven thousand, four hundred and ten euro and six cents (€12,297,410.06).

(2) Any guarantee issued by the Government of Malta relating to the Fund beyond the purpose specified under sub-article (1) may only be done in such manner and for such purpose as the House may by resolution determine.