Clause 25

The Minister may from time to time appropriate out of the Government Securities Fund moneys for the creation of a sinking fund for the repayment of the principal sums payable on any of the Government securities issued under this Act:Provided that the total amount in the sinking fund shall not exceed the outstanding principal sums payable on such Government securities.

The Minister may at any time apply all or any part of the moneys in the sinking fund to the purchase of trustee stock or of any other stock, bond, fund or security or investment mentioned in section 7(3) of the Financial Procedure Act [Cap. 109], except any stock, bond, fund or security issued by the Government under any written law.

All income from investments of moneys in the sinking fund and all profits arising from the realisation of any such investments shall be paid into the sinking fund.