Singapore legislation

Clause 11

of Government Borrowing (Miscellaneous Amendments) Bill

Clause 11

Amendment of section 3

Section 3(1) of the Government Securities Act is amended by deleting paragraph (b) and substituting the following paragraph:“(b)all sums representing the proceeds of loans raised on or after 1 April 1996 under the repealed 1923 Act;”.

Clause 11 — Government Borrowing (Miscellaneous Amendments) Bill