794 No. 11.] THE STATUTE LAWS OF CTPBUS: [A.D. 1882.

Short title.

Loan Com­missioners.

Constitution of Loan Com· missioners.

23, 1923, 2.

Fund vested in Com­missioners.

the lease, a sum equal to four per thousand on the capital value of the lands together with all such buildings, constructions and trees as may from time to time be found thereon.

Such Verghi shall be assessed and collected at the same periods and in like manner as the Verghi payable in respect of other immovable property.

18. This Law may be cited as the Public Lands (Leases) Law, 1882.

PUBLIC LOANS. 13 OF 1897.

To ESTABLISH A PUBLIC LOAN FUND.

[August 3, 1897. 1. For the purpose of granting loans from the fund established

by this Law, and for the purpose of the execution of this Law and of any enactment passed or hereafter to be passed authorizing or referring to such loans, there shall be a Board of Commissioners, in this Law referred to as the " Loan Commissioners."

2. The Loan Commissioners shall consist of the following official members, who shall hold office ex-officio; that is to say, the High Commissioner, the Chief Secretary, the Receiver-General, and the Director of Agriculture, for the time being; and of four unofficial members, taken from the elected members of the Legislative Council for the time being, of whom one shall be chosen from their own number by the members elected by the Mahommedan voters, and three others from their own number by the members elected by the non-Mahommedan voters.

In the event of there being an equality of votes the High Com­missioner shall nominate one or more unofficial members, as the case may require, from among the persons obtaining the equal number of votes.

For the purposes of this section an officer appointed to act in any of the above-mentioned offices shall be deemed to be the permanent holder thereof.

3. For the purposes of this Law the following moneys, in this Law called " The F u n d , " shall be deemed to be vested in the Loan Commissioners; that is to say: —

(1.) The unexpended balance standing to the credit of the Agri­cultural Bank fund;

A.D. 1897.] PUBLIC LOANS. [ N o . 1 3 . 795

(2.) The unexpended balance s t and ing to the credit of the Surp lus Locust F u n d ;

(3.) The pr inc ipa l and in teres t of any loans before t he passing of th is Law gran ted from ei ther of the foregoing funds , whethe r under the provisions of any Law, or otherwise ;

(4.) Any fund, not be ing moneys which prior to the passing of th is L a w would have been payable to Genera l Revenue , which the Legis la t ive Council by resolut ion approved of by t he H i g h Commissioner m a y order to be vested in the Board for the purposes of th is Law.

4. The H i g h Commissioner, or in his absence the senior official Meetings ot member , shal l preside at all meet ings of t he Commissioners, and missioners. any th ree members (the cha i rman being counted as a member) shall form a quorum.

5. W i t h respect to the Loan Commissioners the following pro­ Powers, etc., • · τ 11 ι « ofCom­

visions shal l have effect :— missioned. (1.) The Receiver­General shall be t he Treasurer of t he F u n d ,

t he pr inc ipa l and interest of which shall be on deposit wi th t he Governmen t ;

(2.) The Loan Commissioners may sue and be sued in t he name of t he Queen 's Advocate for the t ime b e i n g ;

ί·3.) The Loan Commissioners m a y examine any persons wi l l ing to be examined on any mat te r s connected wi th t he execution of th is Law, and m a y for t ha t purpose, or otherwise for the purpose of the execution of th is Law, admin is te r an oath or affirmation;

(4.) The Loan Commissioners shall annua l ly cause to be made out u p to the end of every financial year a s ta tement of accounts showing t he state of t he F u n d and all t ransac t ions under th i s Law d u r i n g t he year , and shall submit i t for aud i t to a person to be appointed by t he H i g h Commissioner. The s ta tement shal l , as ear ly as pract icable in each session, be la id on t he table of the Legis la t ive Council , and shall be publ i shed in t he Cyprus Gazette; and

(5.) Any minu te made of proceedings a t meet ings of tlie Commis­

sioners, if signed by any person purpo r t i ng to be the cha i rman ei ther of t he meet ing of the Commissioners at which t he pro­

ceedings took place or of the next ensu ing meet ing of the Com­

missioners , shall be receivable in evidence in all legal proceed­

VOL. T — 5 6 A

796 No. 13.] THE STATUTE LAWS OF CYPRUS: [A.D. 1897-

ings without further proof; and, until the contrary is proved, every meeting of the Commissioners, in respect of the proceed­ings of which minutes have been so made, shall be deemed to have been duly convened and held, and all the members thereof to have been duly qualified to act.

Loans for 6.—(1.) The Loan Commissioners may, if they think it expedient, Public Works. frojn f . jm e ^0 time, in the manner mentioned in this Law, make

loans to the Government for the construction of public works, and to any municipal council or commission or to any village commu­nity for the purpose of constructing works of public utility, or to any body consisting of not fewer than five persons who shall be associated for the purpose of effecting any general improvement of agricultural land. They may also, if they think it expedient, make loans to individuals to facilitate the construction of wells, on proper security for the use of the money for that purpose, but in no case to the amount of more than one-half of the cost of the wells.

In considering the propriety of granting a loan under the pro­visions of this section the Commissioners shall have regard to the sufficiency of the security for its repayment, and shall determine whether the work for which the loan is proposed would be such a benefit to the public as to justify a loan out of public money, having regard to the amount of money at their disposal.

(2.) The Loan Commissioners may, if they deem it expedient, make loans to any person, association of persons or village com­munity to enable such person, association, or community to estab­lish, carry on, develop or extend any agricultural or manufactur­ing undertaking, or to procure any plant, material or apparatus for any such undertaking.

(3.) Where two or more village communities desire to join in carrying on any undertaking, the Loan Commissioners may, if they deem it expedient, make loans to such village communities jointly or separately, or jointly and separately, or apportion the loan in such proportions as are agreed to be paid by each of the commu­nities separately.

(4.) The Loan Commissioners, with the sanction of the High Commissioner, may make advances to the Agricultural Board on such terms and conditions as may be agreed on, for the purpose of benefiting the agricultural or manufacturing interests of the Island; and the interest on any such advance, and the amount or

Loans for agricul­tural or manufactur­ing under­takings.

Loan to two or more villages for joint under­taking.

Advances to Agricultural Board for benefiting agricultural or manufac­turing interests.

A.D. 1897.] PUBLIC LOANS. | N o . 1 3 . 797

the ins ta lment of the capi ta l agreed to be pa id in any year , shal l be deducted from any amoun t which may be awarded to the Agr i ­cu l tu ra l F u n d under th is L a w ; and the r i g h t of the Loan Commis­sioners so to take such in teres t and capi ta l shal l be deemed sufficient secur i ty for the r epayment of the sum wi th interes t so advanced.

(5.) The Loan Commissioners, wi th the sanction of the H i g h Loans to Commissioner, may , if they deem it expedient , make loans to any ^tteeVfoi·1" Vi l lage or Town Commit tee of Educa t ion established under the buildings, provisions of the Educa t ion Law, 1905, for the purposes of l> 1910> -· erect ing or ex tend ing any school b u i l d i n g or for p rov id ing , improv­ing or developing any school premises , p lay-ground or ga rden , provided t ha t such loans shal l be made in accordance wi th the provisions of the said Law.

(6.) The Loan Commissioners, w i th the sanction of the H i g h 10, 1914,2. Commissioner, m a y , if they deem it expedient , make loans to any Town Commit tee of Educa t ion in the case of a Greek-Chr is t ian Secondary School or to a n y Govern ing Body in the case of a Moslem Secondary School established unde r the provisions of the Educa t ion Laws , for the purpose of p rov id ing all necessary school bu i ld ings and premises , provided t h a t such loans shal l be secured to the sat isfaction of the Loan Commissioners .

7.—(1·) Eve ry loan g ran t ed unde r th i s Law shall be made repay- interest on able in such ins ta lments as shal l provide for the ext inc t ion of the l o a n · debt wi th the in teres t thereon wi th in a period from the date of the ac tua l advance of the loan not exceeding t h i r t y years .

(2.) The interes t to be pa id on any loan shall be a t such ra te not Rate of exceeding seven per cent , per a n n u m as m a y be de termined in each L·1*6"58* case by the Loan Commissioners .

(3.) W h e r e a loan has been g ran ted repayable w i t h i n a period less t han the full period allowed by the foregoing provisions of this section, the Loan Commissioners, if the repayment of the loan w i th in teres t is in the i r opinion sufficiently secured, and if they th ink fit, may extend the period for i ts r epaymen t to a period not exceed­ing the said full period from the date of the advance of the loan.

(4.) The Loan Commissioners, in consider ing whe ther the period for the r epaymen t of a loan should or should not be the full per iod, shal l have regard to the durab i l i ty of the work for the purpose of which the loan is g r an t ed , and to the expediency of the cost of the work be ing paid by the genera t ion of persons who wil l immedia te ly benefit by the work.

798 N o . 13 . ] THE STATUTE LAWS OF C'YPliUS: [ A . D . 1 8 9 7 .

Disallowance of loans.

Advances under Irrigation and Branch Roads Laws.

Security for loans.

(5.) The first ins ta lment for the r epaymen t of every loan shall be made payable w i th in a period not exceeding two years from the date of the advance of the loan.

8. The H i g h Commissioner, any resolut ion of the Loan Commis­sioners no twi ths t and ing , m a y disallow any loan.

9.—(1.) I t shal l be the du ty of the Loan Commissioners to make from the funds vested in t hem the advances requi red by the I r r i g a ­tion and W a t e r Law, 1887, or the B r a n c h Roads Construct ion Law, 1892, or any enac tment a m e n d i n g e i ther of t h e m .

(2.) In t e res t shall be pa id on all such loans made after the 25th of J u l y , 1902: Provided t h a t in teres t at a h ighe r ra te t h a n three per cent , per a n n u m shal l not be charged on loans made under the B r a n c h Roads Construct ion Law, 1892.

10. The Loan Commissioners may require securi t ies to be given for the r epaymen t of the moneys advanced under the provisions of th is Law, e i ther by way of personal obl igat ion , the mor tgage or t ransfer of immovable p roper ty , or the mor tgage of any ra te , fee or du ty payable to a n y mun ic ipa l a u t h o r i t y ; and all securi t ies for any loan g ran t ed by the Loan Commissioners in pursuance of th i s Law m a y be g iven to the Receiver-Genera l on behalf of the Com­missioners.

t'owerin H . "Where a loan made by the Commissioners to any local I'lte where au tho r i ty is secured by the mor tgage of any ra te , fee or du ty , and default made, defaul t is made in m a k i n g p a y m e n t according to the te rms of such

mor tgage , then , at any t ime after such defaul t , t he Commissioners may, wi thout pre judice to any other remedy, by notice in w r i t i n g served on the mor tgagor , declare the i r in ten t ion to exercise the power conferred by this Law, and thereupon the Commissioners shal l have and m a y exercise the same power as the mor tgagor of imposing and levying the r a t e , fee or du ty mor tgaged , and for t h a t purpose the Commissioners m a y appoin t an officer who, subject to the direct ion of the Commissioners, shal l have and m a y exercise the same powers, au thor i t i es and duties as if he had been appointed by the mor tgagor .

The Commissioners in m a k i n g an es t imate of the r a t e to be levied for the purpose of p a y i n g any sum due, m a y add such sum as they th ink sufficient for def raying, and m a y defray thereout , al l costs, charges and expenses, i nc lud ing r emunera t ion to any officer or o ther

A . D . 1 8 9 7 . ] PUBLIC LOANS. [No . 1 3 . 799

person employed, incur red by the Commissioners in the execut ion of t he i r powers under th is section or otherwise by reason of the defaul t in paymen t .

Any balance r e m a i n i n g in the hands of t he Commissioners shal l be paid by t hem to the mor tgagor .

The Commissioners m a y by a l ike notice declare t he i r in ten t ion to re l inquish the powers conferred by th is section, and t h a t ei ther absolutely or wi th reservat ions and condi t ions , and the reupon all such powers shal l revest in t he mor tgagor subject to t he said reservat ions and condi t ions .

12. W h e r e the Commissioners g r a n t a loan in aid of any work Security for which is ei ther par t ly completed or not commenced, thev m a y take completion of

ι ·ι ρ ,­ι τ , · „ , . J public work. such secur i ty for t he appl ica t ion of the loan to t he work, and for t he due complet ion of the work as they m a y th ink sufficient for secur ing the in teres t of the publ ic .

13 . A n y Munic ipa l Council may , wi th t he consent of the H i g h p o w e r of Commissioner, borrow money from the Loan Commissioners for Municipal ca r ry ing out any work of publ ic u t i l i t y and , for t he purpose of mortgage7 *° p a y i n g t he pr inc ipa l and in teres t of the loan, may mor tgage any rates> otc· r a t e , fees or dut ies to t he Loan Commissioners in accordance wi th th is L a w , and from and after t he date of the mor tgage , the r a t e , fees or duties shall be charged wi th the paymen t of the loan wi th in teres t as in the mor tgage ment ioned .

14.—(1.) Every contract or obligation for secur ing r epayment of Application of a loan made to a Vil lage Communi ty unde r th is Law, shal l be The.Village executed in accordance with the provisions of the Vil lage Obliga­ Lawful"8

t ions Law, 1901 ; and a certificate purpo r t i ng to be under the hand of t he Chief Secretary t h a t the persons execut ing any such contrac t or obligat ion on behalf of the Vil lage Communi ty have been au tho­

rized by the H i g h Commissioner to do so shall be conclusive evidence of the i r r i g h t to execute i t .

(2.) W h e r e a loan has been made to any Vil lage Communi ty and Lev y of defaul t is made in m a k i n g paymen t according to t h e t e rms of t he special rate in loan, the H i g h Commissioner may , at t he request of the Commis­ by v n L g e ^ sioners, and without prejudice to any other remedy , order a special community. ra te to be levied and to cont inue in force un t i l p a y m e n t has been made of t h e sum due.

Such special ra te m a y be made by l evying upon t he immovable proper ty wi th in the Vil lage Communi ty an addi t iona l charge not exceeding two per thousand on the capi ta l value of all proper ty subject to Vergh i K i m a t .

&oo ■ N o . 13.] THE STATUTE LAWS OF GYPttUS: [ A . D . 1 8 9 7 .

Perjury, 15# Any person who when examined by the Loan Commissioners in pursuance of th is Law wilful ly gives false evidence, or who, for the purpose of obta in ing a loan unde r th i s Law, wilful ly gives informat ion to the Commissioners which is false in any mate r i a l par t i cu la r , shall be gu i l t y of per ju ry and shal l be punishab le as t hough he had given false evidence in a jud ic ia l proceeding.

Advances for 16. The Loan Commissioners may , on a requis i t ion addressed to seed eorn.° t hem by the Chief Secre tary , advance funds to t he Receiver­

General for the purchase of seed corn to be l en t on cus tomary te rms to cul t iva tors , or on the following t e rms , at the option of the borrower : —

The borrower shall give a bond, wi th such secur i ty as may be requi red , secur ing the r epaymen t at harves t t ime of the value of the seed advanced, at the cur ren t price when the advance is made , wi th in teres t at a r a t e not exceeding five per cent .

R e p a y m e n t m a y be made ei ther in cash or in kind , t he amount to be pa id in kind to be determined by agreement according to t he cur ren t price at t he t ime of r epaymen t .

A n d the Receiver­General shall account to the Commissioners for t he proceeds, both pr inc ipa l and in teres t , of such loans.

Advances for 17. There shal l be set aside from the F u n d s vested in the Loan improvement Commissioners by th is L a w , a sum of one thousand pounds , which oi agriculture. J . . . .

t he Commissioners may lend to ind iv idua ls at adequate in teres t on good and sufficient securi ty , to be expended in any m a n n e r which in t he opinion of the Commissioners m a y be conducive to the im­

provement of Agr icu l tu re or may faci l i ta te the ca r ry ing on of ag r i cu l t u r a l operat ions .

The Receiver­Genera l shall keep a separa te account of these moneys.

Payment for 18. The Commissioners may in any year pay to the A g r i c u l t u r a l develoxmients ],' lul(i a s u l u r l 0£ exceeding' two­ thi rds of the amoun t which at the of agriculture. _ D

close of the financial year shall appear to represent the amoun t of in teres t ac tua l ly recovered (after m a k i n g allowance for bad and i r recoverable debts) on loans which have been gran ted .

The amoun t so paid shall be applied as the H i g h Commissioner shall direct to the advancement and development of agr i cu l tu re in Cyprus .

A.D. 1897.] PUBLIC LOANS. [No. 13. 801

19. When any loan made by the Loan Commissioners is made Whole loan repayable by instalments, and default is made in repayment of any repayable6

instalment as and when it becomes payable to the Loan Commis­ w n e n any ­, I P I I · ι · , o ■ ι , ι default made.

sioners, or where default is made m payment of any interest due to the Loan Commissioners as and when it becomes payable to the Loan Commissioners, in every such case the whole loan and all interest thereon, until the date when the whole loan or the last instalment thereof is payable, shall become due and payable to the Loan Commissioners, and may be sued for and recovered against all persons liable to pay it, either as principals or sureties, or the Commissioners may at their option sue for and recover any instal­

ment or interest due and unpaid. 20. Every debt due to the Loan Commissioners shall have prefer­

ence over all other debts thereafter contracted by the debtor saving only debts due to the Government having preference under any Law.

21. Where any moneys received on loan from the Loan Commis­ Things pur­

sioners are expended on the purchase of any animal, plant, imple­ chased with ment or thing used for agriculture or trade, such animal, plant, liable to implement or thine shall not be liable to be taken in execution for e x« ! u t l 0 n

° . until loan the debt of any person other than the Loan Commissioners so long paid off. as any portion of the loan or interest thereon is unpaid to the Loan Commissioners.

Debt to Loan Commis­sioners preferred.

Interest and instalments on loans for improve­ments or pro­duction may be taken in kind.

22. Where any monies received from the Loan Commissioners are loaned for the purpose of improving the land or producing any crop or manufactured product, the crop or manufactured product may, if the Loan Commissioners so desire, be taken in kind in each year thereafter to a quantity which is equivalent in value as deter­

mined by the Loan Commissioners, at the current market rates, to the amount of the annual instalment, together with all the interest on the amount unpaid which may become due in that year to the Loan Commissioners; and this right shall be deemed a preferential right over all creditors of the debtor other than the Loan Commis­

sioners or the Government having preference under any Law; and this right shall be in addition to all other rights of the Loan Com­

missioners.

23. The Loan Commissioners with the sanction of the High Com­ Employment missioner may employ such agents, clerks or assistance, and incur byL .o a n C o m­

J 1 . . missionors or such charges as they may consider expedient, and may defray from staff, the profits arising from their transactions any costs or charges incurred by them in carrying out this Law.

802 No. 13.] Τ11Ε STATUTE LAWS OF CYPRUS: [ A . D . 1 8 9 7 .

Statement of 24. A s ta tement showing all loans made by t he Loan Comniis­

published in sioners, and giv ing the names of the persons to whom t he loans are Gazette. made and the amount lent shall be publ ished quar t e r ly in the

Cyprus Gazette.

Any loan pur­porting to be made under this Law, and not disallowed to be deemed authorized. Power to Loan Com­missioners to borrow at a rate not exceeding five per cent.

Security may be executed by any two Loan Com­missioners.

When a loan is made for erection of school build­ings Village Committee of Education to add interest and sinking fund on loan to school fees.

Forms.

Short title.

25. Any loan p u r p o r t i n g to be made by the Loan Commissioners under th is Law and not disallowed by the H i g h Commissioner shal l be deemed to be a loan author ized by th i s Law.

26. The Loan Commissioners may hereaf ter borrow money at such ra te of in teres t as m a y be from t ime to t ime sanct ioned by t he H i g h Commissioner not exceeding t he ra te of five per cent , per a n n u m and t he r epayment of the pr inc ipa l and. interest of the moneys so borrowed shal l form a first charge on the fund.

Prov ided always t h a t the Loan Commissioners shal l not be in any wise personal ly l iable for any mat t e r ar i s ing in respect of such advance .

27. I n all Loans made to the Loan Commissioners the obl igat ion for seeming r e p a y m e n t m a y be in t he form in Schedule 1, and m a y be executed by any two of the Loan Commissioners by order and on behalf of t he Board of Commissioners .

28. W h e n a loan is made by the Loan Commissioners to any Vil lage Communi ty for the purpose of erec t ing or ex tend ing any vi l lage school bu i ld ing or for inrproving or developing any school premises , i t shall be the duty of the Vil lage Commit tee of Educa­

t ion const i tu ted under the au tho r i ty of The Educa t ion Law, 1905, to add to t he school fees assessed under the said Law a sum sufficient to meet the in teres t and s inking fund on such loan, and such sum shall be apport ioned and collected in the m a n n e r provided by t he said L a w for the appor t ionment and collection of school t eachers ' sa l a r i e s .

29. The Forms in Schedule 2 may be used in t he case of loans to Vil lage Communi t ies , and shall be deemed sufficient.

30. This Law may be cited as the P u b l i c Loans Law, 1897.

S C H E D U L E 1. (S. 27.) day of This Agreement made this

190 between of of the one par t and and for and on behalf of the Board of Commissioners established under The Public Loans Law, 1897 (hereinafter called " the Loan Commissioners " ) of the other part .

A.D. 1897.] PUBLIC LOANS. [No . 1 3 . _ 8 g

Witnesseth tha t in consideration of the sum of this day advanced by the said to the Loan Commissioners (the receipt whereof for the purposes ot l n e Public Loans Law, 1897, the Loan Commissioners do hereby acknow­ledge} the Loan Commissioners do hereby agree to repay the said sum ot

on the first day of April , 190 with interest for the same in the meantime at the ra te .of per centum per annum by equal half-yearly payments on the first day of April and the first day of October in every year, the first of such payments to be made on the day of 1 9 °

Provided always and i t is hereby agreed and declared t ha t the Loan Commissioners shall not be in any wise personally liable for any matters arising out of this Agreement.

And it is hereby further agreed and declared tha t this Agreement shall be construed and determined in all respects according to English Law.

In witness whereof the said has hereunto set his hand and the said

and h a v e

hereunto set their hands by order and on behalf of the said Loan Commissioners.

S C H E D U L E 2. (S. 29.)

FOEM or AGREEMENT IN CASE OF A LOAN TO A VILLAGE COMMUNITY BEPAYABLE BY INSTALMENTS.

This agreement made this day of ' ^ 9 0

between Receiver-General, for and on behalf of the Board of Commissioners established by The Public Loans Law 1897, (who are hereinafter referred to as " The Loan Commissioners ) of the one pa r t and the Mukhtar and one of the Azas of the Village of other part .

Witnesseth tha t the said a n d . , . in pursuance of The Village Obligations Law, 1901, and The Publi Loans Law, 1897, and in consideration of the payment of the sum ot £ advanced under The Public Loans Law, 1897, (the receipt whereof the said a n d

hereby acknowledge) do hereby on behalf of the community of the said village promise and undertake to on oenan m _̂ ^ ^ ^ ^ ^ . ^ i n t e r e s t t h e r e o n o r o n so

much thereof as shall immediately prior to the payment of each of the instalments hereinafter mentioned remain unpaid after the rate ot per centum per annum by annual instalments of £ the first of which shall be due and payab e on the " t h e

190 , and the remaining upon tne day of i n e a c h o f t h e

804 N o . 13.] THE STATUTE LAWS OF CYPRUS: [ A . D . 1 8 9 7 .

succeeding years and to pay interest at the rate of per centum per annum on any amounts tha t may be overdue and in arrear.

In witness whereof the said and as such Mukhtar and Aza as aforesaid have set their hands hereto on behalf of the community of the said village and the said

has set his hand by order and on behalf of the said Loan Commissioners.

(Signed)

FORM OF CERTIFICATE BY C H I E F SECRETARY UNDER SECTION FOURTEEN (TO BE ADDED WHERE NECESSARY TO THE ABOVE FORM).

I hereby certify tha t the above named · and have been duly authorized by His Excellency

the High Commissioner to execute the above written obligation on behalf of the said village.

(Signed) Chief Secretary.

PUBLIC OFFICERS' GUARANTEE. 3 OF 1896.(')

T o ESTABLISH IN C Y I ' K U S Λ PUBLIC O F F I C E H S ' GtJABANTEE E U N D .

W A L T E U J . S E N D A L L . ] [April 25, 1896.

Y X ^ T H E B E A S it is expedient to enable Pub l i c Officers in the service of the I s l and who are requi red to give securi ty

for the fa i thful performance of the i r duties to furnish such secur i ty without inconvenience; And whereof i t is expedient for th is pur­

pose t h a t a Guaran tee E u n d should be formed : B E i t therefore enacted : —

Short title. 1. This L a w may be cited as the Pub l i c Officers' Guaran tee E u n d Law, 1896.

Interpre­ 2. I n th is Law, unless the context otherwise requires , " E u n d " means the fund established by th is L a w ; " Directors " means the Directors of the F u n d established under

th is L a w ; " Office" means an office in the publ ic service of Cyprus t he

holder of which is required to g­ive secur i ty for the fa i thful performance of his du t i e s ;

" Officer " means the holder of an office as defined above. (') See Official Security (Immovable Property) Law, 10 of 1917, p. 456.