Home | Databases | WorldLII | Search | Feedback Consolidated Acts of Samoa 2011

Development Loan Authorisation Act 2005

SAMOA

DEVELOPMENT LOAN AUTHORISATION ACT 2005

Arrangement of Provisions

1. Short title and commencement
2. Authority to borrow by way of Treasury Bonds

DEVELOPMENT LOAN AUTHORISATION ACT 2005

2005 No.15

AN ACT to authorize borrowings by way of Treasury Bonds for the purpose of expenditure in the 2005-2006 Financial Year for the further development of Samoa

[Assent and commencement date: 28 June 2005]

BE IT ENACTED by the Legislative Assembly of Samoa in Parliament assembled as follows:

1. Short title and commencement - (1) This Act may be cited as the Development Loan Authorisation Act 2005.
(2) This Act shall commence on the date of assent by the Head of State.
(3) Notice of commencement of this Act shall be published in Samoan and English in the Savali and one other newspaper circulating in Samoa.

2. Authority to borrow by way of Treasury Bonds - For the purpose of expenditure in the 2005-2006 Financial Year for the further development of Samoa, the Minister responsible for finance is authorized on behalf of the Government and subject to the Public Finance Management Act 2001 and in particular Schedule 3 of such Act, to borrow in Samoa by way of Treasure Bonds during the financial year commencing on the 1 July 2005 and ending the 30 June 2006 an amount exceeding SAT$26.5million as follows:

REVISION NOTES 2008-2011

This Act has been revised under section 5 of the Revision and Publication of Laws Act 2008.

The following general revisions have been made:

(a) Amendments have been made to up-date references to offices, officers and statutes.

(b) Insertion of the commencement date

There were no amendments made to this Act since the publication of the Consolidated and Revised Statutes of Samoa 2007.

This Act has been consolidated and revised in 2008, 2009, 2010 and 2011 by the Attorney General under the authority of the Revision and Publication of Laws Act 2008 and is the official version of this Act as at 31 December 2011. It is an offence to publish this Act without approval or to make any unauthorised change to an electronic version of this Act.

Aumua Ming Leung Wai
Attorney General of Samoa

Revised and consolidated in 2008 by the Legislative Drafting Division under the supervision of Teleiai Lalotoa Sinaalamaimaleula Mulitalo (Parliamentary Counsel)

Revised in 2009, 2010 and 2011 by the Legislative Drafting Division under the supervision of Papalii Malietau Malietoa (Parliamentary Counsel).

The Development Loan Authorisation Act 2005 is administered bythe Ministry of Finance.