Singapore legislation

Section 6

of Local Treasury Bills Act 1923

Section 6

Amounts and period of currency of Bills

Every Treasury Bill issued under this Act shall be —

(a)

for the sum of $1,000 or a multiple of $1,000; and

(b)

payable at par at such time or times as the Minister shall, before the issue of such Treasury Bills, fix and determine, but not later than one year from the date of issue.

Read in full context — Local Treasury Bills Act 1923 →