Cap. 572 ст. 4Authority to raise loan.    Cap. 161.

(1) Subject to the provisions of this Act, the

Government of Malta may raise in Malta, by way of loan, a sum of money not exceeding six hundred million Euro (€600,000,000).

(2) For the purpose of raising the aforesaid loan the Minister for Finance is hereby authorised to issue stock in Malta under the provisions of the Local Loans (Registered Stock and Securities)

Ordinance or under the provisions of any other new law to be enacted by this present Parliament to replace the current Local Loans (Registered Stock and Securities) Ordinance, on such terms and conditions as the said Minister may approve.