Cap. 575 Art. 46Assessment of requests for guarantees. 16 [CAP.

The Treasury Department shall assess requests related to guarantees for the consideration of the Minister, accompanied by a statement setting out -

(a) the details of a risk assessment exercise undertaken with respect to the issue of the guarantee and a determination as to the quality and level of risk involved; and

* Not yet in force. † Not yet in force. ‡ Not yet in force. AND MANAGEMENT OF PUBLIC DEBT 575.

(b) an assessment of the financial risk for the Government stemming from the total outstanding amount in respect of all other guaranteed loans.

*