Singapore legislation

Clause 13

of Government Borrowing (Miscellaneous Amendments) Bill

Clause 13

Amendment of section 6

Section 6 of the Government Securities Act is amended by deleting paragraph (b) and substituting the following paragraph:“(b)to repay any principal sum payable on any Treasury Bill —

(i)

issued on or after 1 April 1996 under the repealed 1923 Act; or

(ii)

issued under this Act; or”.