Clause 29

A reference in any written law in force on the date of commencement of section 9, or any contract or other document subsisting on that date, to the Government Securities Act as from time to time amended or revised, is a reference to the Government Securities (Debt Market and Investment) Act 1992.

Despite section 19, section 26 of the Government Securities Act continues to apply with respect to any stock or bearer bonds issued under that Act before the date of commencement of section 19.

The provisions of any regulations made by the Monetary Authority of Singapore under the Government Securities Act and in force immediately before the date of commencement of section 25 of this Act, continue in force as if made under section 31 of the Government Securities Act as amended by this Act, and may from time to time be amended or revoked under section 31 of the Government Securities Act as so amended.

Despite section 28(b), any Treasury Bill that is issued under the Act repealed by that section and is current on the date of commencement of section 28(b), continues as if and is deemed issued under the Government Securities Act as amended by this Act.

For a period of 2 years after the date of commencement of any provision of this Act, the Minister may, by regulations, prescribe such additional provisions of a saving or transitional nature consequent on the enactment of that provision as the Minister may consider necessary or expedient.