Loi du 29 août 1991 autorisant le Gouvernement à émettre, selon les besoins, un ou plusieurs emprunts pour un montant global de deux milliards de francs. | http://data.legilux.public.lu/eli/etat/leg/loi/1991/08/29/n1/jo — Luxembourg law | Esheria

Loi du 29 août 1991 autorisant le Gouvernement à émettre, selon les besoins, un ou plusieurs emprunts pour un montant global de deux milliards de francs.

This provision authorizes the Government to borrow money as needed, up to a total of 2 billion francs.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Luxembourg
Instrument
Act or statute
Citation
http://data.legilux.public.lu/eli/etat/leg/loi/1991/08/29/n1/jo
Status
In force
Version
Undated source snapshot
Language
fr
Updated
Official source
View official record ↗
bond issuance borrowing budget allocation government borrowing interest road fund tax exemption

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Statute overview

About this statute

This provision authorizes the Government to borrow money as needed, up to a total of 2 billion francs. Le Gouvernement peut contracter des emprunts pour le compte de l’État, jusqu’à un total de deux milliards de francs, selon les besoins. The proceeds of this loan must be credited directly as revenue to the road fund. The loan’s terms and bond details are to be set by ministerial regulation, and that regulation may grant partial or total tax exemption for the principal and interest.