Singapore legislation

Section 8

of Local Treasury Bills Act 1923

Section 8

Cancellation of repaid Bills

(1)

Upon repayment of the principal moneys represented by the Treasury Bills, the Bills shall be delivered up to the Authority to be cancelled by the Authority.

(2)

Subsection (1) shall not apply to book-entry Treasury Bills.

Read in full context — Local Treasury Bills Act 1923 →