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Government Notices published in Govt. Gazette No. 19,430 of 26 May 2015

Date Icon 01/01/2015

No. 458

RESUMPTION OF DUTIES BY THE PRESIDENTOF MALTA

It is notified for general information that the President of Malta has resumed the functions of the Office of the President on Friday, 22nd May, 2015.
Mrs Dolores Cristina has ceased to perform the functions of President.
26 Mejju 2015

No. 459

RESUMPTION OF DUTIES BY THE PRIME MINISTER

IT is notified for general information that the Hon. Joseph Muscat, KUOM, BCom, BA (Hons.), MA (European Studies), PhD (Bristol), MP, resumed duties as Prime Minister on Friday, 22nd May, 2015 and that the arrangements made by Government Notice No. 448 of the 20th May, 2015, ceased to have effect accordingly.
22 Mejju 2015

No. 460

ACTING PRIME MINISTER

IT is notified for general information that, acting on the advice of the Prime Minister, the President of Malta has directed that the the Hon George Vella, MD, Cert GAM (UK), MP, Minister for Foreign Affairs, assumes the additional duties of the Prime Minister on Tuesday, 26th and Wednesday, 27th May, 2015, whilst the Hon. Louis Grech, BA, MA (Oxon), MP, Deputy Prime Minister and Minister for European Affairs and Implementation of the Electoral Manifesto, assumes the additional duties of the Prime Minister, on Thursday, 28th May, 2015, during the absence from Malta of the Hon. Joseph Muscat, KUOM, BCom, BA (Hons), MA (European Studies), PhD (Bristol), MP.
25 Mejju 2015

No. 461

PUBLICATION OF ACT IN SUPPLEMENT

IT is notified for general information that the following Act is published in the Supplement to this Gazette:
Act No. XIV of 2015 entitled the Petroleum (Production) (Amendment) Act, 2015.
26 Mejju 2015

No. 462

LEGAL NOTICES PUBLISHED IN THE SUPPLEMENT TO THE GOVERNMENT GAZETTE

IT is notified for general information that the following Legal Notices were published in the Supplement to the Government Gazette No. 19,427 of 19th May, 2015, and No. 19,428 of 22nd May, 2015, respectively.
L.N. 154 of 2015: Trading Licences Act (Cap. 441); Local Councils Act (Cap. 363); Activities Requiring Permit by Local Councils (Amendment) Regulations, 2015.
L.N. 155 of 2015: Eurocontrol Act (Cap. 333); Civil Aviation (Route Charges for Navigation Services) (Amendment) Regulations, 2015.
L.N. 156 of 2015: Merchant Shipping Act (Cap. 234); Merchant Shipping (Limitation of Liability for Maritime Claims) (Amendment) Regulations, 2015.
L.N. 157 of 2015: Education Act (Cap. 327); Statute for the Institute for Tourism, Travel and Culture (Amendment).
L.N. 158 of 2015: Education Act (Cap. 327); Statute for the Institute of Aerospace Technologies.
L.N. 159 of 2015: Education Act (Cap. 327); Statute for the Centre for Molecular Medicine and Biobanking.
L.N. 160 of 2015: Education Act (Cap. 327); The Conduct of the Matriculation and Secondary Education Certificate Examinations (Amendment) Regulations, 2015.
L.N. 161 of 2015: Education Act (Cap. 327); Bye-Laws of 2015 in terms of the General Regulations for University Postgraduate Awards, 2008 for the Degree of International Master of Science in Community Psychiatric Nursing -M.Sc. (CPN) - under the auspices of the Faculty of Health Sciences.
L.N. 162 of 2015: Education Act (Cap. 327); Bye-Laws of 2015 in terms of the General Regulations for University Undergraduate Awards, 2004 for the Master Chef Diploma – M.Chef Dip. under the auspices of the Institute for Tourism, Travel and Culture.
L.N. 163 of 2015: Education Act (Cap. 327); University Postgraduate Awards (Amendment) Regulations, 2015.
L.N. 164 of 2015: Education Act (Cap. 327); Doctor of Philosophy - Ph.D. - Degree (Amendment) Regulations, 2015.
L.N. 165 of 2015: Education Act (Cap. 327); Professional Doctorate Degree Course (Amendment) Regulations, 2015.
L.N. 166 of 2015: Education Act (Cap. 327); Secondary Education Certificate Examination (Amendment) Regulations, 2015.
L.N. 167 of 2015: Education Act (Cap. 327); University Undergraduate Awards (Amendment) Regulations, 2015.
L.N. 168 of 2015: Malta Resources Authority Act (Cap. 423); Authority for Transport in Malta Act (Cap. 499); Merchant Shipping Act (Cap. 234); Quality of Fuels (Amendment) Regulations, 2015.
26 Mejju 2015

No. 463

ACQUISITION OF LAND

THE following declaration made by the President of Malta under article 3 of the Land Acquisition (Public Purposes) Ordinance (Chapter 88) is published in terms and for the purposes of section 9(1) thereof.
Declaration OF the President of Malta
Whereas by the Declaration of the Acting President of Malta of the 29th September, 1977, published in the Government Gazette of the 11th October, 1977, under Government Notice No. 621, the Acting President of Malta had declared that the land hereunder mentioned is required by the competent authority for a public purpose in accordance with the provisions of the Land Acquisition (Public Purposes) Ordinance (Cap. 88) and whereas the land is no longer required, I hereby declare for all intents and purposes of law, that the undermentioned land is no longer required by the competent authority for a public purpose in accordance with the provisions of the aforementioned Ordinance.
Description of the Land
The following land in Siġġiewi:
1. A plot of land including a room and a demolished structure, of the area of 30 tomna and 7.92 kejliet (33,872.2 squaer metres, bounded on the North East by a public road, and on the North West and South East by Government property.
The abovementioned land is shown marked with the colour red on plan P.D. 160_76_1, which may be viewed on demand at the Land Department, Auberge de Baviere, Valletta.
(Sgd) Marie-Louise Coleiro Preca
President
06 Mejju 2015

No. 464

ĠIEĦ IR-REPUBBLIKA ACT (CAP. 251)

IN terms of the Ġieħ ir-Repubblika Act, the President of Malta, acting on the advice of the Prime Minister, has appointed to the National Order of Merit His Excellency Joachim Gauck, President of the Federal Republic of Germany, in the grade of Companion of Honour with Collar.
29 April 2015

No. 465

ĠIEĦ IR-REPUBBLIKA ACT (CAP. 251)

IT is hereby notified that in terms of the Ġieħ ir-Repubblika Act, the President of Malta, acting on the advice of the Prime Minister, has appointed Ms Daniela Schadt to the National Order of Merit in the grade of Companion of Honour.
29 April 2015

No. 466

ĠIEĦ IR-REPUBBLIKA ACT (CAP. 251)

IT is hereby notified that in terms of Article 29 (1) of the Ġieħ ir-Repubblika Act, the President of Malta, acting on the advice of the Prime Minister, has approved the recognition of the conferment of the honour of the Grand Cross 1st Class of the Order of Merit to Mr Edgar Preca by His Excellency Joachim Gauck, President of the Federal Republic of Germany on the occasion of his State Visit to Malta between the 29th and 30th April, 2015.
29 April 2015

No. 467

ĠIEĦ IR-REPUBBLIKA ACT (CAP. 251)

IT is hereby notified that in terms of Article 29 (1) of the Ġieħ ir-Repubblika Act, the President of Malta, acting on the advice of the Prime Minister, has approved the recognition of the honour of the Grand Cross Special Class of the Order of Merit bestowed on her by His Excellency Joachim Gauck, President of the Federal Republic of Germany on the occasion of his State Visit to Malta between the 29th and 30th April, 2015.
29 April 2015

No. 468

MINISTRY FOR SOCIAL DIALOGUE, CONSUMER AFFAIRS AND CIVIL LIBERTIES

Appointment of Member and Substitute Member on the Civil Society Committee
IN terms of Article 4 (1) c (i) of the Malta Council for Economic and Social Development Act, the Prime Minister has approved the nomination of Ms Grace Attard as Member and Ms Mary Mangion as Substitute Member of the Civil Society Committee. This appointment is valid until 3rd June, 2016.
26 Mejju 2015

No. 469

STATUTE LAW REVISION ACT, 1980

This appointment is valid up to 23rd March, 2016

Appointment of Members of the Law Commission
IN exercise of the powers conferred by Article 3 of the Statute Law Revision Act, 1980 and for the purposes of that Act, the Minister for Justice, Culture and Local Government has approved that the Law Commission established by and under the aforesaid Act be composed as follows:
President
Dr Franco Debono
Members
Hon. Judge Emeritus Philip Sciberras
Dr Ramona Frendo
Secretary
Ms Marita Pace Dimech
These appointments are valid up to 31st May, 2016.
21 Mejju 2015

No. 470

Ġieh ir-Repubblika Act (CAP. 251)

Rules for Honours, Awards and Decorations, 1990 (L.N. 105/90)
THE Minister for Home Affairs and National Security has approved the award of the Long and Efficient Service Medals and Clasps to serving members and ex-members of the Police Force, to have effect on 13th May, 2015, as shown below:-
LONG AND EFFICIENT SERVICE MEDAL
RankIsem u Kunjom
RankName and Surname
Serving Members
Inspector
Raymond Aquilina
Inspector
Tony Cachia
Inspector
George Cremona
Inspector
Edmond Cuschieri
Inspector
Fabian Fleri
Inspector
Keith Arnaud
Inspector
Silvio Magro
Inspector
Charlot Casha
2nd Class Sergeant Major536
Jason Caruana
Police Sergeant
19
Daniel Felice
Police Sergeant
20
Robert Cassar
Police Sergeant
36
Sergio Azzopardi
Police Sergeant
171
Karl Glanville
Police Sergeant
174
Joseph Cremona
Police Sergeant
193
Joseph Mamo
Police Sergeant
212
Adrian Grima
Police Sergeant
239
Joseph Caruana
Police Sergeant
263
Christopher Harmsworth
Police Sergeant
279
Kevin Gauci
Police Sergeant
447
Kevin Camilleri
Police Sergeant
487
Reuben Balzan
Police Sergeant
581
Loreto Buttigieg
Police Sergeant
602
Jonathan Attard
Police Sergeant
612
Theodore Vella
Police Sergeant
644
Evan Camilleri
Police Sergeant
689
Carmel Cauchi
Police Sergeant
1033
Sandro Mangion
Police Sergeant
1122
Arthur John Rizzo
Police Sergeant
1243
George Polidano
Police Sergeant
1270
Antoine Zammit
Police Sergeant
1424
Mario Xiberras
Police Sergeant
1465
Pierre Bartolo
Police Sergeant
1480
Sandro Mallia
Police Sergeant
1543
Oliver Cassar
Police Sergeant
1574
Renaldo Cremona
Police Sergeant
1575
Robert Fava
Police Sergeant
1579
Johann Mifsud
Police Sergeant
1586
Aaron Ronnie Attard
Police Sergeant
1593
Alfred Cachia
Police Sergeant
1602
Marco Mifsud
Police Constable
32
Bernard Agius
Police Constable
42
Paul Charles Said
Police Constable
102
Anthony Portelli
Police Constable
111
Mark Anthony Camilleri
Police Constable
119
John Schembri
Police Constable
248
Anthony Axiaq
Police Constable
275
Thomas Dimech
Police Constable
288
Patrick Farrugia
Police Constable
333
Vincent Calleja
Police Constable
397
Oscar Muscat
Police Constable
453
Brian Cassar
Police Constable
460
Antoine Briffa
Police Constable
534
Joseph Cini
Police Constable
642
Joseph Camilleri
Police Constable
651
Jesmond Azzopardi
Police Constable
668
Alexander Zammit
Police Constable
705
Adrian Borg
Police Constable
725
Jason Caruana
Police Constable
786
Stephen Casha
Police Constable
842
Angelo Camilleri
Police Constable
870
Reuben Farrugia
Police Constable
911
Mario Muscat
Police Constable
962
Ivan Magro
Police Constable
1063
Joseph Mizzi
Police Constable
1069
Colin Psaila
Police Constable
1199
Ludvig Cutajar
Police Constable
1206
Simon Mercieca
Police Constable
1209
Edmund Grima
Police Constable
1237
Antoine Gauci
Police Constable
1242
Geoffrey Gilson
Police Constable
1246
Cecil Oliver St John
Police Constable
1250
Paul Saliba
Police Constable
1251
Lawrence Scalpello
Police Constable
1256
Simon Schembri
Police Constable
1269
Louis Tabone
Police Constable
1305
Silvio Zammit
Police Constable
1315
Jeffrey Abela
Police Constable
1316
Peter Agius
Police Constable
1384
Felix Sammut
Police Constable
1518
Marvin Camilleri
Police Constable
1531
Ivan Caruana
Police Constable
1538
Raymond Mizzi
Police Constable
1580
Jonathan Paris
Police Constable
1581
John Psaila
Police Constable
1583
Steve Spiteri
Police Constable
1584
Joseph Tanti
Police Constable
1587
Albert Bonnici
Police Constable
1588
Joseph Borg Bonaci
Police Constable
1591
Nicholas Borg
Police Constable
1592
Daniel Busuttil
Police Constable
1595
Mark Cassar
Police Constable
1596
Jason Cesare
Police Constable
1598
Edward Paul Farrugia
Police Constable
1599
Stephen Farrugia
Police Constable
1603
Mario Muscat
Police Constable
1605
Jason Spiteri
Police Constable
1609
Edward Mizzi
Police Constable
1610
Noel Buhagiar
Women Police Sergeant3
Joanna Vella
Women Police Sergeant63
Janet Zammit
Women Police Sergeant83
Alexandra Galea Sillato
Woman Police Constable8
Stephanie Glanville
Woman Police Constable16
Suzanne Sapiano
Woman Police Constable31
Susan Muscat
Woman Police Constable46
Angelle Vassallo
Woman Police Constable51
Louise Grech
Woman Police Constable52
Caroline Francalanza
Woman Police Constable78
Roslyn Ciantar
Woman Police Constable81
Joanne Sevasta Mula
Woman Police Constable94
Claire Doreen Casha
Woman Police Constable130
Margaret Azzopardi
Woman Police Constable135
Melissa Zahra
Woman Police Constable149
Ruth Sammut
Woman Police Constable154
Mary Anne Grima
Woman Police Constable200
Vanessa Attard Mc Carthy
Woman Police Constable208
Theresa Gili
Woman Police Constable232
Nathalie Zerafa
Former Members
Ex-Superintendent
Joseph M. Azzopardi
Ex-Inspector
Alfred Debattista
Ex-2nd Class Sergeant Major963
Louis Muscat
Ex-Police Sergeant
884
Alexander Azzopardi
Ex-Police Constable
142
Robert Borda
Ex-Police Constable
746
Publius Cutajar
1st CLASP
Serving Members
Assistant Commissioner
Alexander Zarb
Inspector
Maria Theresa Micallef
Inspector
Pierre Carmel Grech
2nd Class Sergeant Major
386
Joseph Cauchi
2nd Class Sergeant Major
1453
Brian J. Scicluna
Police Sergeant
56
Mario Camenzuli
Police Sergeant
114
Massimo Persiano
Police Sergeant
500
John Baptist Giusti
Police Sergeant
659
Jeffrey Hughes
Police Sergeant
689
Carmel Cauchi
Police Sergeant
959
Winston Micallef
Police Sergeant
1245
Klaus Mifsud
Police Constable
184
Victor Degiorgio
Police Constable
367
Michael Sacco
Police Constable
411
Francis Micallef
Police Constable
488
Emanuel Cilia
Police Constable
510
William Said
Police Constable
548
Alfred Micallef
Police Constable
594
Robert Saliba
Police Constable
686
Mario Galea
Police Constable
863
Francis Grima
Police Constable
1082
Ronald Marmara
Police Constable
1171
Raymond Fabri
Woman Police Sergeant116
Rita Micallef
Woman Police Sergeant125
Christabel M. Mallia
Woman Police Constable10
Adelina Kendall Sarreo
Woman Police Constable14
Roseann Tabone
Woman Police Constable99
Josette Pace
Former Members
Ex-Superintendent
Joseph M. Azzopardi
Ex-Superintendent
Marco Mallia
Ex-Inspector
Alfred Debattista
Ex-Inspector
John Charles Ellul
Ex-2nd Class Sergeant Major
Louis Muscat
Ex-Police Sergeant
276
Bernard Zahra
Ex-Police Sergeant
546
Mario Deguara
Ex-Police Sergeant
560
Joseph Farrugia
Ex-Police Sergeant
587
Joseph Mallia
Ex-Police Sergeant
823
Ivan Brincat
Ex-Police Sergeant
884
Alexander Azzopardi
Ex-Police Constable313
Domenic J.Busuttil
Ex-Police Constable535
Johann Borg
Ex-Police Constable558
Maurice Barbara
Ex-Police Constable1105
Noel Pisani
Ex-Police Constable746
Publius Cutajar
2nd CLASP
Serving Members
Superintendent
Raymond Vella Gregory
2nd Class Sergeant Major78
Joseph Cremona
Police Constable
77
Carmel Parnis
Police Constable
117
Alfred Mangion
Police Constable
608
Peter Cordina
Police Constable
631
Francis Dalli
Police Constable
640
Raymond Vella
Former Member
Ex-Police Constable416
Emanuel Chircop
13 Mejju 2015

No. 471

NOTARIAL PROFESSION AND NOTARIAL ARCHIVES ACT (CAP. 55)

Appointment of Notary Delegate/Keeper
IT is hereby notified that in exercise of the powers conferred by Article 20 of the Notarial Profession and Notarial Archives Act, the Court of Revision of Notarial Acts has appointed Notary Dr Joelle Cortis to be Notary delegate and keeper of the Acts for Notary Dr Gabrielle Lautier, for the period between the 13th May, 2015, and the 20th May, 2015.
Today, 18th May, 2015
JANET CALLEJA
For the Registrar Court of Revision of Notarial Acts

No. 472

PROSPECTUS

ISSUE OF AN AGGREGATE
OF EURO 50,000,000
MALTA GOVERNMENT STOCKS
Subject to an Over-Allotment Option of Euro 40,000,000
in the event of over-subscription
Authorised under the Budget Measures
Implementation Act, 2015 (Act No. XIII of 2015)
and the Local Loans (Registered Stock and Securities) Ordinance, Cap. 161
1. ISSUANCE OF STOCK
The Accountant General is offering an aggregate Euro 50,000,000 of Malta Government Stocks which are being offered and made available in any one or any combination of the following Stocks:
(i) 2% Malta Government Stock 2020 (V) Fungibility Issue, and
(ii) 2.3% Malta Government Stock 2029 (II).
2. BIDS
a) Applications in the form of sealed bids (auction) open at 8.30 a.m. on Thursday 11th June, 2015 and close at noon on Friday 12th June, 2015 or earlier at the discretion of the Accountant General.
b) Applications by any single applicant shall be in the form of sealed bids for a minimum of €500,000 and multiples of €100,000 each.
c) Bids on the prescribed application forms are to be deposited at the Treasury Tender Box or transmitted by fax on 2596 7210 or by e-mail at the e-mail addresses indicated on the application forms.
d) Application forms may be obtained from all Members of the Malta Stock Exchange, other authorised Investment Service Providers or downloaded from Treasury’s website (www.treasury.gov.mt).
e) Applications submitted in the name of ‘Nominee a/c’ and/or ‘Clients a/c’ shall be in the form of sealed bids for a minimum amount of €500,000 or more and in multiples of €100,000 thereafter. Applications in the name of ‘Nominee a/c’ and/or ‘Clients a/c’ may be made up of one or more underlying clients and there shall be one bid price for each application. Applications in the name of ‘Nominee a/c’ and/or ‘Clients a/c’ will only be accepted if accompanied by a list showing the identity card number or in case of a body corporate, the relevant identification number of their respective clients.
f) All applications will be irrevocable after closing time.
3. PRICING GUIDELINES
The Accountant General will announce indicative pricing guidelines via a Press Release to be published on Wednesday, 10th June 2015 consisting of an indicative range of spreads over the euro mid-swap rate, broadly reflecting the secondary market conditions with respect to the 2% Malta Government Stock 2020 (V) and the 2.3% Malta Government Stock 2029 (II).
4. CLEARING FACILITIES
a) MaltaClear
Clearing and settlement of transactions in Malta Government Stocks traded on the Malta Stock Exchange Trading System are effected through MaltaClear in accordance with Chapter 7 of the Malta Stock Exchange Bye-Laws.
b) Clearing (FOP) through Clearstream – MSE Access Link
(i) Applicants, may also avail of free-of-payment (FOP) clearing facility provided through the Malta Stock Exchange plc (MSE) – Clearstream Banking AG – Frankfurt (CBF) Access Link as direct customers of CBF or Clearstream Banking SA, Luxembourg (CBL), or indirectly by being capable of clearing through CBF/CBL via another central securities depository or international central securities depository (‘other CS/ICSD’) linked to CBF/CBL.
(ii) It is the settled subscriber’s responsibility to ensure that a relevant Receive Free message for free receipt of the subscribed Stocks is raised in due time in the appropriate format of the Society of Worldwide Interbank Financial Telecommunication (SWIFT). Where for any reason, the FOP delivery over the MSE-CBF Link of the allotted Malta Government Stocks fails or remains outstanding for a period of time set at the MSE’s discretion, the same Stocks may be transferred off-market, in favour of a securities account opened in the name of the settled subscriber, without charge at the MSE’s Central Securities Depository (hereinafter the CSD), until the CSD receives further authenticated instructions. The supplied International Bank Account Number (IBAN) will be availed for the payment of any interests or other payments that may subsequently become due to the settled subscriber during such time that the Stocks remain credited in the said CSD account, on the relevant record date
5. ALLOTMENT POLICY OF STOCK
Allocation of Stock will be made in the following order:
a) Bids will be allotted in descending order of price.Accepted bids will be allotted at the bid price. Bids above the lowest accepted price (the cut-off price) will be allotted in full. Bids equal to the lowest accepted price will be allotted in full or in part on a pro rata basis.The allotment results of each Stock will be determined and announced two hours immediately after the closing time of applications by auction.
b) Any amount allotted to the Government Funds will be at the cut-off rate.
6. OVER-ALLOTMENT OPTION
The Accountant General reserves the right to exercise the over-allotment option and allocate an additional amount of up to a maximum of €40,000,000.
7. UNDERISSUANCE
The Accountant General reserves the right to accept bids for the full amount or any part thereof and to reject any bid or part thereof on any grounds whatsoever, notwithstanding that the aggregate amount on issue has not been taken up.
8. PAYMENT OF INTEREST
Interest is payable half yearly in arrears on the:
a) (i)26th day of March and the 26th day of September during the tenor of the 2% Malta Government Stock 2020 (V); and
(ii) 24th day of January and the 24th day of July during the tenor of the 2.3% Malta Government Stock 2029 (II).
b) (i) In the case of the 2% Malta Government Stock 2020 (V) Fungibility Issue, the first pro rata interest payment covering the period from the 16th June, 2015 (the issue date) to the 25th September, 2015 (both dates inclusive) will be made at the rate of 0.554348 per cent on the 26th September, 2015; and
(ii) In the case of the 2.3% Malta Government Stock 2029 (II), the first pro rata interest payment covering the period from the 16th June, 2015 (the issue date) to the 23rd July, 2015 (both dates inclusive) will be made at the rate of 0.241436 per cent on the 24th July, 2015.
c) (i) Payment of interest of each stock will be made by credit transfer through the Single Euro Payments Area (SEPA) scheme in the International Bank Account Number (IBAN) account as advised on the application form.
(ii) If the interest payment date falls on a day other than a business day, interest payment will be made on the immediately following business day. A “business day” means a day other than a Saturday,a national or public holiday listed in sections 2 and 5 (1) of the National Holidays and other Public Holidays Act (Cap.252 of the Laws of Malta), a bank holiday as declared under section 3 (2) (b) of the Banking Act (Cap.371 of the Laws of Malta) or a day when the Trans-EuropeanAutomated Real-time Gross settlement Express Transfer system (TARGET), owned and operated by the Eurosystem, is closed for business as may be published on European Central Bank’s website (www.ecb.europa.eu).
9. FUNGIBILITY
The Accountant General reserves the right to issue, in future, additional amounts of each of the present Stock in further tranches. In the event of such further issues these will be integrated with the respective existing Stock.
10.REDEMPTION OF STOCK
(i) The 2% Malta Government Stock 2020 (V) shall be redeemed at par on the 26th September, 2020.
(ii) The 2.3% Malta Government Stock 2029 (II) shall be redeemed at par on the 24th July, 2029.
11. SECURITY
The Stock and interest thereon will be a charge on the General Revenue and Assets of the Government of Malta.
12. TRADING ON THE MALTA STOCK EXCHANGE
a)Pursuant to the Financial Markets Act, Cap. 345, an application has been submitted to the Listing Authority for the bonds to be admissible to listing and to the Malta Stock Exchange for the bonds to be admitted to its Official List.
b) On the 26th September, 2015, after the payment of the first interest as indicated in paragraph 8 (b) (i), any amount allotted under the 2% Malta Government Stock 2020 (V) Fungibility Issue shall be integrated with the existing issue of this Stock and thereafter shall be deemed to be one Stock.
13.COLLECTIVE ACTION CLAUSES (CACs)
(a) Pursuant to the decision of the European Council of 24-25th March 2011, and in accordance with Paragraph 3 of Article 12 of the European Stability Mechanism (ESM) Treaty, the model Collective Action Clauses (CAC) became mandatory in all new euro area government securities with maturity above one year issued on or after 1st January 2013.
(i) Pursuant to the provisions contained in the CACs, the Accountant General may, at any time, convene a meeting of stockholders to consider and approve any modifications of the borrowing terms and conditions of the Stock on issue.
(ii) The modifications that may be carried out are of two types: (1) A ‘reserved matter’ modification, involving the modification of the most important terms and conditions of this Stock, such as a reduction in the principal or interest payable on this Stock, or changes in the dates when interest is payable or Stock is redeemable, or change the definition of a ‘reserved matter’; and (2) A ‘non-reserved matter’ modification, involving the modification of less important terms and conditions other than a reserved matter.
(iii) Under the CAC, a modification may be proposed in relation to either a single stock, a so-called single-series modification, or to more than one stock at the same time, a so-called cross series modification.
(iv) Modification of stock in relation to a ‘reserved matter’ shall require the affirmative vote of stockholders of not less than 75% of the aggregate principal amount of the outstanding stock represented at a meeting duly convened, or not less than 66 2/3% of the aggregate principal amount of the outstanding stock in the case of written resolution.
(v) In relation to a ‘non-reserved matter’ modification, the affirmative vote of stockholders of more than 50% of the aggregate principal amount of the outstanding stock represented at a meeting duly convened, or of more than 50% of the aggregate principal amount of the outstanding stock in the case of written resolution, is required.
(vi) In all events, a proposed modification shall require the consent of the Accountant General and, if approved, shall be binding for all stockholders.
(b) Notice of Meetings of Stockholders shall be published by the Accountant General at least 21 days prior to the date of the meeting or, in the case of an adjourned meeting, at least 14 days prior to the date of the adjourned meeting.  The notice shall, amongst other matters, (i) specify the date, time and location of the meeting; (ii) set out the agenda and quorum for, and the text of any resolutions proposed to be adopted; and (iii) set out any additional rules adopted by the Accountant General and, if applicable, the conditions under which a cross-series modification will be deemed to have been satisfied if it is approved as to some but not all the affected series of debt securities.
(c) The Chair of any meeting of stockholders will be appointed by the Accountant General; or if such person nominated is not present at the meeting, by the holders of more than 50% of the aggregate principal amount of the Stocks then outstanding represented at the meeting.
(d) The Accountant General shall publish, without undue delay, all notices and other matters required to be published pursuant to Stockholders Meetings and Written Resolutions:
(i) on the Treasury’s website: (www.treasury.gov.mt);
(ii) through the Malta Stock Exchange;
(iii) Malta Government Gazette.
(e)  The Collective Action Clauses (CACs), as agreed upon by the Member States of the European Union at its summit held on 24-25 March 2011, and in accordance with Paragraph 3 of Article 12 of the European Stability Mechanism (ESM) Treaty, can be found on the Treasury website (www.treasury.gov.mt) under the section reserved for the Debt Management Directorate.
Note: The above paragraph on the Collective Action Clauses (CACs) contains summarized information taken from the Model Collective Action Clauses (CACs). All potential applicants are solicited to access the detailed CACs which can be found on the Treasury website, and any decision to invest in the Stock/s should be based on consideration of the Prospectus as a whole. 
14. RELEVANT LEGISLATION
The Budget Measures Implementation Act, 2015 (Act No. XIII of 2015), the Local Loans (Registered Stock and Securities) Ordinance, Cap. 161, and Directive by the Minister for Finance under articles 4 (1) (a) and 6 (1) of the said Ordinance, the Local Loans (Registered Stock) Regulations, 1959.
Note: The value of the investment may go up and/or down during the tenor of the Stock.
26 Mejju 2015

No. 473

GOLDSMITHS AND SILVERSMITHS ACT (CAP. 46)

THE Commissioner of Inland Revenue notifies that on the date shown hereunder, the price of gold and silver on which valuations made by the Consuls for Goldsmiths and Silversmiths are based has been fixed for the purposes of article 14 of the said Act as follows:
....................................................
Date
Pure Gold
Grams
Pure Silver
Grams
26.5.2015
€0.528
€35.195
26 Mejju 2015

No. 474

CONDOMINIUM ACT

Cap. 398

Notice is hereby given that I have received an application for the registration of and/or amendment to rules regulating the following condominia:
Dr Marlin Vella, LLD
f/Land Registrar
Condominium Number
Address of Condominium
Remarks
Date of Registration
69
Ta’ Kenuna/Tal-Ġebel
Registration
21/04/2015
Aħmar Court,
of Rules
Triq Franġisk Saver Cassar,
Nadur, Gozo
26 Mejju 2015

No. 475

LAND REGISTRATION ACT

Cap. 296

Notice of Intention to Register Titles to Land