en: Where a reduction in the interest rate appears desirable in view of the nature of the investment to be financed, the Member State concerned or some other agency may grant aid towards the payment of interest to the extent that this is compatible with Article III-167 of the Constitution.  
mt: Meta tnaqqis fir-rata ta' imgħax jidher desiderabbli minħabba n-natura ta' l-investiment li jkun qed jiġi ffinanzjat, l-Istat Membru kkonċernat jew xi aġenzija oħra tista' tagħti għajnuna għall-ħlas ta' l-imgħax sakemm dan ikun kompatibbli ma' l-Artikolu III-167 tal-Kostituzzjoni.

en: Article 18  
mt: Artikolu 18

en: In its financing operations, the Bank shall observe the following principles:  
mt: Fl-operazzjonijiet ta' finanzjament tiegħu, l-Bank għandu josserva l-prinċipji li ġejjin:

en: 1.  
mt: 1.

en: (a)  
mt: a)

en: where, in the case of investments by undertakings in the production sector, interest and amortisation payments are covered out of operating profits or, in the case of other investments, either by a commitment entered into by the State in which the investment is made or by some other means; and,  
mt: meta l-imgħax u l-ammortizzament huma koperti, jew minn qligħ mill-istess negozju fil-każ ta' investimenti minn intrapriżi fis-settur tal-produzzjoni, jew fil-każ ta' investimenti oħra, minn impenn sottoskritt mill-Istat li fih isir l-investiment jew b'xi mod ieħor, u

en: (b)  
mt: b)

en: where the execution of the investment contributes to an increase in economic productivity in general and promotes the establishment or functioning of the internal market.  
mt: meta t-twettiq ta' l-investiment jikkontribwixxi għal żieda ġenerali tal-produttività ekonomika u jippromwovi l-istabbiliment jew il-funzjonament tas-suq intern.

en: 2.  
mt: 2.

en: However, in accordance with the principles determined by the Board of Governors pursuant to Article 7(3)(b), and where the implementation of operations provided for in Article III-394 of the Constitution so requires, the Board of Directors shall, acting by a qualified majority, lay down the terms and conditions for taking an equity participation in a commercial undertaking, normally as a complement to a loan or a guarantee, insofar as this is required to finance an investment or programme.  
mt: Madankollu, skond il-prinċipji stabbiliti mill-Bord tal-Gvernaturi skond l-Artikolu 7(3)(b), u meta l-implimentazzjoni ta' l-operazzjonijiet prevista fl-Artikolu III-394 tal-Kostituzzjoni hekk titlob, il-Bord tad-Diretturi għandu, b'maġġoranza kwalifikata, jistabbilixxi l-modalitajiet u l-kondizzjonijiet tal-parteċipazzjoni fil-kapital ta' intrapriża kummerċjali, normalment bħala kompliment għal self jew garanzija, sakemm dan ikun meħtieġ biex jiġi ffinanzjat investiment jew programm.

en: 3.  
mt: 3.

en: It may dispose of its claims on the capital market and may, to this end, require its debtors to issue bonds or other securities.  
mt: u titoli oħrajn.

en: 4.  
mt: 4.

en: Neither the Bank nor the Member States shall impose conditions requiring funds lent by the Bank to be spent within a specified Member State.  
mt: La l-Bank u lanqas l-Istati Membri m'għandhom jimponu kondizzjonijiet li jeħtieġu li fondi mislufa mill-Bank jintnefqu fi Stat Membru speċifiku.

en: 5.  
mt: 5.

en: The Bank may make its loans conditional on international invitations to tender being arranged.  
mt: Il-Bank jista' jagħti self bil-kondizzjoni li jsiru arranġamenti biex jinħarġu talbiet għall-offerti internazzjonali.

en: 6.  
mt: 6.

en: The Bank shall not finance, in whole or in part, any investment opposed by the Member State in whose territory it is to be carried out.  
mt: Il-Bank m'għandux jiffinanzja, parzjalment jew għal kollox, xi investiment f'territorju ta' Stat li ma jkunx iridu.

en: 7.  
mt: 7.

en: As a complement to its lending activity, the Bank may provide technical assistance services in accordance with the terms and conditions laid down by the Board of Governors, acting by a qualified majority, and in compliance with this Statute.  
mt: Bħala kumpliment għall-attività ta' self tiegħu, l-Bank jista' jipprovdi servizzi ta' għajnuna teknika skond il-modalitajiet u l-kondizzjonijiet stabbiliti mill-Bord tal-Gvernaturi, li jaġixxi b'maġġoranza kwalifikata, u bi qbil ma' dan l-Istatut.

en: Article 19  
mt: Artikolu 19

en: 1.  
mt: 1.

en: Any undertaking or public or private entity may apply directly to the Bank for financing.  
mt: Kull intrapriża jew entità pubblika jew privata tista' tapplika għal finanzjament direttament mingħand il-Bank.

en: Applications to the Bank may also be made either through the Commission or through the Member State on whose territory the investment will be carried out.  
mt: Applikazzjonijiet lill-Bank jistgħu jsiru wkoll jew permezz tal-Kummissjoni jew permezz ta' Stat Membru li fuq it-territorju tiegħu jkun ser isir l-investiment.

en: 2.  
mt: 2.

en: Applications made through the Commission shall be submitted for an opinion to the Member State in whose territory the investment will be carried out.  
mt: Applikazzjonijiet magħmula permezz tal-Kummissjoni għandhom jiġu sottomessi għal opinjoni ta' l-Istat Membru li fuq it-territorju tiegħu jkun ser isir l-investiment.

en: Applications made through a Member State shall be submitted to the Commission for an opinion.  
mt: Applikazzjonijiet magħmula permezz ta' Stat Membru għandhom jiġu sottomessi lill-Kummissjoni biex tagħti opinjoni.

en: Applications made direct by an undertaking shall be submitted to the Member State concerned and to the Commission.  
mt: Applikazzjonijiet magħmula direttament minn intrapriża għandhom jiġu sottomessi lill-Istat Membru kkonċernat u lill-Kummissjoni.

en: The Member State concerned and the Commission shall deliver their opinions within two months.  
mt: L-Istat Membru kkonċernat u l-Kummissjoni għandhom jagħtu l-opinjoni tagħhom fi żmien xahrejn.

en: If no reply is received within this period, the Bank may assume that there is no objection to the investment in question.  
mt: Jekk f'dan il-terminu ma tingħatax tweġiba, l-Bank jista' jassumi li m'hemmx oġġezzjoni għall-investiment in kwistjoni.

en: 3.  
mt: 3.

en: The Board of Directors shall rule on financing operations submitted to it by the Management Committee.4.  
mt: Il-Bord tad-Diretturi għandu jiddeċiedi dwar operazzjonijiet ta' finanzjament sottomessi lilu mill-Kumitat tat-Tmexxija.4.

en: The Management Committee shall examine whether financing operations submitted to it comply with the provisions of this Statute, in particular with Articles 16 and 18.  
mt: Il-Kumitat tat-Tmexxija għandu jeżamina jekk operazzjonijiet ta' finanzjament sottomessi lilu jaqblux mad-dan l-Istatut, speċjalment ma' l-Artikoli 16 u 18.

en: Where the Management Committee is in favour of the financing operation, it shall submit the corresponding proposal to the Board of Directors.  
mt: Meta l-Kumitat tat-Tmexxija jkun jaqbel ma' l-operazzjoni ta' finanzjament għandu jissottometti l-proposta kkonċernata lill-Bord tad-Diretturi.

en: The Committee may make its favourable opinion subject to such conditions as it considers essential.  
mt: Il-Kumitat jista' jissoġġetta l-opinjoni favorevoli tiegħu għall-kondizzjonijiet li jidhirlu meħtieġa.

en: Where the Management Committee is against granting the finance, it shall submit the relevant documents together with its opinion to the Board of Directors.5.  
mt: Meta l-Kumitat tat-Tmexxija jkun kontra l-għoti ta' finanzjament għandu jissottometti d-dokumenti rilevanti flimkien ma' l-opinjoni tiegħu lill-Bord tad-Diretturi.5.

en: Where the Management Committee delivers an unfavourable opinion, the Board of Directors may not grant the finance concerned unless its decision is unanimous.6.  
mt: Meta l-Kumitat tat-Tmexxija jagħti opinjoni kuntrarja, l-Bord tad-Diretturi ma jistax jagħti l-finanzjament kkonċernat ħlief jekk id-deċiżjoni tiegħu tkun unanima.6.