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Solomon Islands Consolidated Legislation

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Government Loans and Securities Act

LAWS OF SOLOMON ISLANDS


[1996 EDITION]


CHAPTER 119


GOVERNMENT LOANS AND SECURITIES


ARRANGEMENT OF SECTIONS


SECTION


PART I
PRELIMINARY


1. SHORT TITLE
2. INTERPRETATION
3. AUTHORITY TO RAISE LOANS
4. METHODS OF RAISING LOANS
5. LOANS TO BE CHARGED ON CONSOLIDATED FUND


PART II
ISSUE OF BONDS AND SAVINGS CERTIFICATES


  1. ISSUE OF BONDS AND SAVINGS CERTIFICATES
  2. REDEMPTION OF BONDS AND SAVINGS CERTIFICATES
  3. INTEREST ON BONDS AND SAVINGS CERTIFICATES
  4. FORM OF BONDS AND SAVINGS CERTIFICATES
  5. TRANSFER OF BONDS AND SAVINGS CERTIFICATES
  6. REGISTER OF BONDS AND SAVINGS CERTIFICATES
  7. CANCELLATION OF REDEEMED BONDS AND SAVINGS CERTIFICATES

PART III
ISSUE OF STOCK


  1. STOCK TO BE ISSUED ON DIRECTION OF MINISTER
  2. REGISTER OF STOCK TO BE KEPT
  3. STOCK CERTIFICATES
  4. TRANSFER AND TRANSMISSION
  5. LIST OF STOCKHOLDERS OF UNCLAIMED INTEREST
  6. CLOSING OF REGISTER
  7. INTEREST AND PAYMENT THEREOF
  8. REDEMPTION OF STOCK
  9. NO NOTICE OF TRUST TO BE RECEIVED OR REGISTERED

PART IV
PAYMENT OF INTEREST AND CREATION OF SINKING FUND


  1. WITHDRAWAL FROM CONSOLIDATED FUND OF SUMS TO MEET INTEREST WHEN DUE

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