Key Benefits:
Act of 23 December 1992 authorizing the issuing and belting of treasury bills and the taking-up of loans from the State of the Netherlands in 1993
We Beatrix, at the grace of God, Queen of the Netherlands, Princess of Orange-Nassau, etc. etc. etc.
All of them, who will see or hear these, saluut! do know:
In this regard, we have taken the view that it is necessary to authorise our Minister of Finance to issue treasury bills and to grant loans and refinance loans from the State of the Netherlands in 1993;
In this way, we, the Council of State, and with the mean consultations of the States-General, have been well-regarded and understood to be right and to be understood by the following:
Our Minister of Finance is authorized to issue Treasury bills in 1993 and to make loans from the State of the Netherlands in order to meet the State's financial needs as well as monetary considerations.
The maturity of the money loans will be up to 50 years.
Our Minister of Finance shall, subject to the provisions of the Law Treasury ( Stb. 1976, 110) and this Act lays down the conditions under which treasury bills are issued and loans and loans from the State of the Netherlands.
Our Minister of Finance may grant to mediators in private cash loans on the nominal amount of private cash loans granted by their intervention to a commission of up to 1/8% (an eighth one to 100).
The right to claim a principal of the fixed debt entered in accordance with this Law shall be subject to a limitation of 10 years from the first day on which the principal shall be redeemable.
This law will enter into force on 1 January 1993; it may be cited as: Law 1993.
Burdens and orders that are in the State Sheet will be placed, and that all ministries, authorities, colleges and officials who so concern will keep their hands on the precise execution.
Given at Gravenhage, 23 December 1992
Beatrix
The Minister of Finance,
W. Kok
Published on 30 December 1992The Minister of Justice,
E. M. H. Hirsch Ballin
