Loi du 18 juin 1996 autorisant le Gouvernement à émettre, selon les besoins, un ou plusieurs emprunts pour un montant global de 4 milliards de francs. | http://data.legilux.public.lu/eli/etat/leg/loi/1996/06/18/n1/jo — Luxembourg law | Esheria

Loi du 18 juin 1996 autorisant le Gouvernement à émettre, selon les besoins, un ou plusieurs emprunts pour un montant global de 4 milliards de francs.

The Government is authorized to issue one or more loans, up to a total of 4 billion francs, as needed.

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/1996/06/18/n1/jo
Status
In force
Version
Undated source snapshot
Language
fr
Updated
Official source
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borrowing government borrowing government finance government revenue allocation tax exemption

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Statute overview

About this statute

The Government is authorized to issue one or more loans, up to a total of 4 billion francs, as needed. The Government is authorized to issue a loan, as needed, in one or more tranches, up to a total of four billion francs. The loan proceeds from one or more tranches are to be credited directly to the roads fund, in a total amount of 3 billion francs. The loan’s terms are to be set by ministerial regulation, and that regulation may make the loan exempt from present and future taxes, in whole or in part.