Loi du 26 août 1993 autorisant le Gouvernement à émettre, selon les besoins, un ou plusieurs emprunts pour un montant global de 3,5 milliards de francs. | http://data.legilux.public.lu/eli/etat/leg/loi/1993/08/26/n2/jo — Luxembourg law | Esheria

Loi du 26 août 1993 autorisant le Gouvernement à émettre, selon les besoins, un ou plusieurs emprunts pour un montant global de 3,5 milliards de francs.

This law authorizes the Government to issue one or more loans for a total of 3.5 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/1993/08/26/n2/jo
Status
In force
Version
Undated source snapshot
Language
fr
Updated
Official source
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funding government borrowing loan issuance roads fund tax exemption

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Statute overview

About this statute

This law authorizes the Government to issue one or more loans for a total of 3.5 billion francs. The Government is authorized to issue a loan, in one or more tranches, up to a total of three billion five hundred million francs. The loan proceeds from one or more tranches must be credited to the roads fund as revenue, for a total of 2.5 billion francs. The loan’s terms are to be set by ministerial regulation, and that regulation may exempt the loan, in whole or in part, from present and future taxes.