Malawi Government Gazette dated 2018-08-24 number 25

Export and Import Bank of China (Chileka International Airport) Loan
No. 25 (Authorization) 1
MALAWI GOVERNMENT

l (Published 24th August, 2018)

Act

No. 25 of 2018

I assent

PROF. ARTHUR PETER MUTHARllC.A
PRESIDENT
20th August, 2018

ARRANGEMENT OF SECTIONS
SECTION
1. Short title
2. Authority to borrow the sum of RMB equivalent to
US$ l 68,000,000
3. Application of the loan
4. Repayment charged on the Consolidated Fund
5. Exemptions from taxes, charges, etc.
6. Finalization and signature of the Agreement

An Act to authorize Government to borrow from the Export
and Import Bank of China sums of money in the aggregate of
Renminbi (RMB) equivalent to one hundred and sixty-eight
million United States Dollars (US$ 168,000,000)
ENACTED by the Parliament of Malawi as follows-
1. This Act may be cited as the Export and Import Bank of Short title
China (Chileka International Airport) Loan (Authorization) Act,
2018.
2.-{l) The Minister of Finance, Economic Planning and Authority to
Development on behalf of the Government, is hereby authorized to borrow the
sum of RMB
borrow from the Export and Import Bank of China sums of money equi valent to
in various convertible currencies not exceeding the sum of RMB U$168,000,
equivalent to one hundred and sixty-eight million United States 000
Dollars (US$ 168,000,000) for the purpose specified in section 3 at