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THE CYPRUS GAZETTE, 1925.

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<strong>THE</strong> STATUTE LAWS OF <strong>CYPRUS</strong><br />

No. 15 OF <strong>1925.</strong><br />

A LAW enacted by His Excellency the Govemor and<br />

Commander-in-Chief of the Colony of Cyprus, with the<br />

advice and consent of the Legislative Council thereof.<br />

To AMEND <strong>THE</strong> LAW MAKING PROVISION FOR A GUARANTEE<br />

TO <strong>THE</strong> AGRICULTURAL BANK OF <strong>CYPRUS</strong>, LIMITED.<br />

MALCOLM STEVENSON.] [June 17, <strong>1925.</strong><br />

BE it enacted by His Excellency the Govemor and<br />

Commander-in-Chief of the Colony of Cyprus, with<br />

the advice and consent of the Legislative Council thereof,<br />

as follows :—<br />

1. This Law may be cited as the Agricultural Bank of Short Title.<br />

Cyprus Limited Guarantee (Amendment) Law, 1925, and<br />

shall be read as one with the Agricultural Bank of Cyprus<br />

Limited Guarantee Law, 1925, (hereinafter referred to<br />

as the Principal Law), and the Principal Law and this<br />

Law may together be cited as the Agricultural Bank of<br />

Cyprus Limited Guarantee Laws, <strong>1925.</strong><br />

2. The Principal Law, section 2, is hereby repealed Repeal of<br />

and in place thereof the following section shall have iS, sec! 2<br />

effect • and substitution<br />

of new<br />

section.<br />

2. It shall be lawful for the Governor to enter into Power to<br />

an agreement guaranteeing that the Agricultural Bank SSiCTinto*^<br />

of Cyprus Limited shall receive a minimum profit of Agreement<br />

four per cent, per annum, after deducting all expenses, Guarantee<br />

in respect of all loans made by such Bank in relief of<br />

agriculture, provided always that in the event of the<br />

total amount of such loans at any one time exceeding<br />

the sum of fifty thousand pounds the said guarantee<br />

shall only cover the said sum of fifty thousand pounds<br />

and not the excess.<br />

Passed in Council the seventeenth day of June, in the<br />

year of Our Lord one thousand nine hundred and<br />

twenty-five.<br />

THALES CABABE,<br />

Clerk of Council.<br />

"'^'^fH'^f' f-""^}

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