Singapore legislation

Clause 12

of Government Borrowing (Miscellaneous Amendments) Bill

Clause 12

Amendment of section 5

Section 5 of the Government Securities Act is amended by deleting paragraph (b) and substituting the following paragraph:“(b)arising from or incidental to the borrowing and repayment of moneys under this Act, the repealed 1923 Act and under any other written law authorising moneys borrowed to be paid into the Government Securities Fund.”.