MiLAWYER

Law library · Sierra Leone · Cap. 268

Section 2, Cap. 268

Status not yet checkedCap. 268, Sierra Leone

In this Ordinance, unless the context otherwise requires- rt~terpreta-wn.the expression " Crown Agents " means the persons for the time being acting as Crown Agents for the Oversea Governments and Administrations or any of them; the expression " stock " includes both inscribed and registered stock; the expression " registered stock " means stock transferable by instrument in writing . . 3. Whenever by any Ordinance authority shall have been given, or shall hereafter be given, to raise any sum of money for the purposes mentioned in such. Ordinance, the Governor, or the Crown Agents acting on his behalf, may from time to time, as Loans to be raised by debentures or stock. 3032 Cap. 268] General Loan and Stock he or they may deem expedient, raise such sum either by debentures or by stock, or partly by debentures and partly by Lo~ns to be 4. The principal moneys and interest represented by deben- :e~e~:1e upon tures or stock issued under the provisions of this Ordinance are revenue. hereby charged upon and shall be payable out of the general Borrowing upon Amount of each debenture. Debentures may be redeemed by annual drawings or by purchase in the market or on a date fixed. Interest coupons. Form of debentures and coupons. revenues and assets of Sierra Leone.

Read the whole lawDownload PDFAsk Tima what this means

Check the current official version before relying on this text. MiLAWYER shares legal information, not legal advice.