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Loan Authorisation Act 2006

CONSOLIDATED ACTS OF SAMOA 2009

LOAN AUTHORISATION ACT 2006

Arrangement of Provisions

1. Short title and commencement
2. Authority to borrow

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THE LOAN AUTHORISATION ACT 2006
2006 No. 12

AN ACT to authorise the borrowing of a sum not exceeding four million eight hundred and twenty five thousand (4,825,000) United States Dollars.

[26th July 2006]
[Commencement date: 26th July 2006]

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 Loan Authorisation Act 2006.

(2) This Act shall come into force on the date of assent of 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 - For the purposes of section 75 of the Public Finance Management Act 2001, the term loan between the Independent State of Samoa and the OPEC Fund for International Development for the amount of 4,825,000 United States Dollars for the purpose of financing the Petroleum Bulk Storage Facility Project (Phase III) is hereby authorised.

REVISION NOTES 2008

This law has been reviewed in accordance with the powers provided for in section 5 of the Revision and Publication of Laws Act 2008.

No amendments have been made to this law since its enactment.

This law has been consolidated and revised by the Attorney General under the authority of the Revision and Publication of Laws Act 2008 and is an official version of this Act as at 31 December 2007. It is an offence to publish this Act without approval or to make any unauthorised change to an electronic version of this Act.

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

REVISION NOTES 2008 No. 2

The commencement date is inserted.

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

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

REVISION NOTES 2009

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

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

Revised and consolidated by the Legislative Drafting Division under the supervision of Papalii Malietau Malietoa (Parliamentary Counsel).

The Loan Authorisation Act 2006 is administered in the Ministry of Finance.