Gazette June 14 2023 Part A Vol. CLVIII No. 60 w SI 37 and 38

Jun 14, 2023 | Part A, Statutory Instruments (SI's)

Barbados Optional Savings Bonds Plus (Offer to the Public) Act, 2022 Act 2022-13
BARBADOS OPTIONAL SAVINGS BONDS PLUS (OFFER TO THE PUBLIC) (MONETARY VALUE OF BONDS) (NO. II) ORDER, 2023
The Minister, in exercise of the powers conferred on him by section 6 of the Barbados Optional Savings Bonds Plus (Offer to the Public) Act, 2022, makes the following Order:

  1. This Order may be cited as the Barbados Optional Savings Bonds Plus (Offer to the Public) (Monetary Value of Bonds) (No. II) Order, 2023.
  2. The monetary value of the bonds to be issued under the Barbados Optional Savings Bonds Plus (Offer to the Public) Act, 2022 (Act 2022-13) for the financial year 2023 to 2024 is $200 000 000.
  3. The Barbados Optional Savings Bonds Plus (Offer to the Public) (Monetary Value of Bonds) Order, 2023 (S.I. 2023 No. 31) is hereby revoked.

Made by the Minister this 6th day of June, 2023.
R. STRAUGHN Minister responsible for Finance

Barbados Optional Savings Bonds Plus (Offer to the Public) Act, 2022 Act 2022-13
BARBADOS OPTIONAL SAVINGS BONDS PLUS (OFFER TO THE PUBLIC) (AMENDMENT) ORDER, 2023
The Minister, in exercise of the powers conferred on him by section 10 of the Barbados Optional Savings Bonds Plus (Offer to the Public) Act, 2022, makes the following Order:

  1. This Order may be cited as the Barbados Optional Savings Bonds Plus (Offer to the Public)(Amendment) Order, 2023.
  2. Paragraph 2 of the Schedule to the Barbados Optional Savings Bonds Plus (Offer to the Public) Act, 2022 (Act 2022-13) is deleted and the following is substituted:

“2. Interest accrued shall be payable semi-annually and the principal paid 5 years after the first of the month in which payment was made.”.
Made by the Minister this 6th day of June, 2023.
R. STRAUGHN Minister responsible for Finance