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Section 2: Interpretation

Loans Act

consolidated text (as at 2007). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

2. Interpretation In this Act— “agreement” means an agreement entered into under section 3; L16 – 1 [Issue 1] “Bank” means the Bank of Mauritius; “Bill” means a Treasury Bill issued under section 20; “Capital Fund” means the Capital Fund established under the Finance and Audit Act; “certificate” means a certificate issued under section 10 (1) or 11 (3); “development programme” means a development programme approved by the Assembly; “financial year” means the period beginning on 1 July of any year and ending on 30 June of the following year; “international financial organisation” means any of the bodies referred to in the International Financial Organisations Act or any other body which the Minister may, by regulations, declare to be an international financial organisation for the purposes of this Act; “Minister” means the Minister to whom responsibility for the subject of finance is assigned; “Note” means a Treasury Note issued under section 24C; “redemption date” means the date declared at the time of an issue of stock to be the date on which the stock is to be redeemed; “register” means the register required to be kept under section 9; “State Bank” means the State Bank of Mauritius Ltd; “stock” means stock issued or transferred under this Act and includes any share or interest in stock; “stockholder” means a person whose name is entered in the register as a holder of stock. [S. 2 amended by s. 3 of Act 6 of 2004 w.e.f. 15 May 2004; s. 20 of Act 17 of 2007 w.e.f. 1 July 2007.] PART II – RAISING OF FUNDS FROM FINANCIAL OR BANKING INSTITUTIONS, INTERNATIONAL FINANCIAL ORGANISATIONS AND FOREIGN GOVERNMENTS

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