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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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