Law library · Sierra Leone · The Public Debt Management Act, 2011.
Section 13, The Public Debt Management Act, 2011.
Status not yet checkedThe Public Debt Management Act, 2011., Sierra Leone
(1) Where the Minister is satisfied that it is in the publicinterest, he may on behalf of Government issue loan guarantees and
other forms of guarantees for the benefit of any person, entity or
project in such manner and on such terms and conditions as may be
approved by Parliament.
Issuance of
securities for
monetary
purposes.
Issuance of
securities
outside Sierra
Leone.
Foreign
loans.
Minister may
repay,
convert and
consolidate
loans.
Debt
management
operations.
guarantees.
Issuance of
securities in
Sierra Leone.
6 7
(2) Prior to the issuance of any Government guarantee,
the risk to Government for such guarantee shall be assessed.
(3) A beneficiary of a Government loan guarantee shall
pay to Government such risk fee as the Minister shall determine
unless Parliament resolves otherwise.
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