Government Securities (Debt Market and Investment) Act 1992 · 2020 Revised Edition · Part 8 · General
30. Authority acts on Government’s behalf
Feedback & supportLast amended by an amending law of 2021.
The Authority is, by this section, appointed to act on the Government’s behalf as an agent —
for issuing of Government securities or Treasury Bills for moneys borrowed under this Act; and
for any other purpose connected with paragraph (a).
Without limiting subsection (1), the Authority may —
by public notice invite the public to apply to take up any Government securities or Treasury Bills issued under this Act; and
refuse any application to take up Government securities or Treasury Bills issued under this Act without assigning any reason.
Subsection (1) does not prevent the exercise by the Minister of any power under this Act.