CONSOLIDATED ACTS OF SAMOA 2010

DEVELOPMENT LOAN AUTHORISATION ACT 2005

Arrangement of Provisions

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

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THE DEVELOPMENT LOAN AUTHORISATION ACT 2005
2005 No.15

AND 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

[28th June 2005]
[Commencement date: 28th 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 of Finance is authorized on behalf of the Government and subject to the provisions of 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 1st day of July 2005 and ending the 30th day of June 2006 an amount exceeding SAT$26.5million as follows:

Amount of Treasury Bonds	Date of Maturity from 
Date of Issue	
		
1. SAT$10million	5 years	
2. SAT$10million	10 years	
3. SAT$6.5million	15 years	

REVISION NOTES 2008

This law has been generally edited as provided for by section 5 of the Revision and Publication of Laws Act 2008. 

There were no amendments made to this law since the publication of the Western Samoa Statutes Reprint 1978-1996.

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 Noumea Loretta Afamasaga.
Under the supervision of Teleiai Lalotoa Sinaalamaimaleula Mulitalo (Parliamentary Counsel)

REVISION NOTES 2008 No.2

The commencement date was inserted under the Attorney General's powers under section 4 of the Revision and Publication of Laws Act 2008. 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 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 Noumea Loretta Afamasaga.
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).

REVISION NOTES 2010

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

This law has been 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 2010. It is an offence to publish this Act without approval or to make any unauthorised change to an electronic version of this Act.

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

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