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In force1988 Revised Edition

Part II · Authorisation and Application of Loan

5. Application of loan

The moneys received under this Act, less the sums required to defray the expenses of issues of stock, bearer bonds or book-entry Government securities and the sums arising from the acceptance of advance deposits under this Act, shall be paid into the Development Fund constituted under the Development Fund Act [Cap. 80], and shall be applied to the purposes of that Fund.

Report

Part III

Provisions Applicable to Issue and Registration of Stock and Bearer Bonds

Part IV

Book-Entry Government Securities

Part V

Provisions Relating to Redemption of Stock and Bearer Bonds and Book-Entry Government Securities and Creation of Sinking Fund

Part VI

Advance Deposits

Part VII

General

Schedules