Malta Financial Services Authority Act (Cap. 330)

Malta Financial Services Authority Act (Cap. 330), article 24

Official PDF on legislation.mt

24. (1) The Authority may: (a) hold accounts with any bank; (b) invest any of its liquid assets in short and medium term first class securities as approved by the Board of Governors; (c) acquire, purchase, lease or dispose of any movable or immovable property require d for the conduct of its business or for any purposes ancillary or incidental to the performance of its functions under this Act. (2) For the purpose of carrying out of its functions under this Act, the Authority may, with the approval in writing of the Minister, borrow or r aise money in such manner, from such perso n, body or authority, and under such conditions as the Minister, m ay in writing approve. MALTA FINANCIAL SERVICES AUTHORITY [CAP. 330. 31 Advances by the Government. Substituted by: XIII.1994.20. Amended by: XVII. 2002.106; IV . 2003.16.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.