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Cap. 330 · Malta Financial Services Authority Act (Cap. 330)

Cap. 330 Art. 24Other powers of the Authority.

In forceOfficial text

(1) The Authority may:

(a) hold accounts with any bank;

(b) invest any of its liquid assets in short and medium term first class securities as approved by the Board of

Governors;

(c) acquire, purchase, lease or dispose of any movable or immovable property required for the conduct of its business or for any purposes ancillary or incidental to the performance of its functions under this Act.

(2) For the purpose of carrying out of its functions under this Act, the Authority may, with the approval in writing of the Minister, borrow or raise money in such manner, from such person, body or authority, and under such conditions as the Minister, may in writing approve.

Amendment history
  • Amended by XIII.1994.21