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Cap. 575 · Government Borrowing (Cap. 575)

Cap. 575 Art. 31Registration.

En vigueurTexte officiel

(1) Each issue of debt securities or debt instruments under this Act shall be registered and maintained electronically in an uncertified form by the appropriate entry in the register of the Treasury Department, or its designated Registrar, by entering therein the name and address of the holders, the amount thereof, coupon interest rate payable, all transfers of and all dealings in such debt securities issued, and such other particulars as may, from time to time, be considered necessary by the Treasury Department or as prescribed in regulations made under this Act.

(2) For the purposes of sub-article (1) the Register of debt securities is currently held and maintained by the Central Securities Depository (CSD) of the Malta Stock Exchange. The Minster may however, by regulation under this Act, designate any recognised electronic central securities depository to provide the services and functions of a registrar in terms of sub-article (1).