Cap. 617 Art. 4Mechanism for issuing of guarantees.

(1) Any guarantee issued in accordance with article 3

shall be subject to the terms incorporated in the voluntary guarantee agreement:

Provided that the guarantee issued by the Government of Malta shall not exceed the aggregate amount of euro twenty-three million, forty-four thousand two hundred and fifty euro (€23,044,250).

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