Clause 1
Short title and commencement
This Act may be cited as the Government Securities (Amendment) Act 1995 and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint.
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Government Securities (Amendment) Bill is Singapore Bill, cited as Bill 44 1995, currently marked not in force and first recorded in 1995.
Short title and commencement
This Act may be cited as the Government Securities (Amendment) Act 1995 and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint.
Amendment of section 3
Section 3(1) of the Government Securities Act (referred to in this Act as the principal Act) is amended by inserting, immediately after paragraph (a), the following paragraph:“(aa)all sums representing the proceeds of loans raised under the Local Treasury Bills Act [Cap. 167] on or after the commencement of the Local Treasury Bills (Amendment) Act 1995;”.
Amendment of section 5
Section 5 of the principal Act is amended by deleting the words “and any other written law” in the fourth line of paragraph (b) and substituting the words “, under the Local Treasury Bills Act on or after the commencement of the Local Treasury Bills (Amendment) Act 1995, and under any other written law”.
Amendment of section 6
Section 6 of the principal Act is amended by deleting the word “or” at the end of paragraph (a), and by inserting immediately thereafter the following paragraph:“(aa)to repay any principal sum payable on any Treasury Bill or book-entry Treasury Bill issued under the Local Treasury Bills Act [Cap. 167] on or after the commencement of the Local Treasury Bills (Amendment) Act 1995; or”.
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