Clause 1
Short title and commencement
This Act may be cited as the Local Treasury Bills (Amendment) Act 2001 and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint.
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Local Treasury Bills (Amendment) Bill is Singapore Bill, cited as Bill 5 2001, currently marked not in force and first recorded in 2001.
Short title and commencement
This Act may be cited as the Local Treasury Bills (Amendment) Act 2001 and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint.
Amendment of section 6
Section 6 of the Local Treasury Bills Act is amended by deleting the words “$10,000 or a multiple of $10,000” in the 2nd line and substituting the words “$1,000 or a multiple of $1,000”.
Saving
Every Treasury Bill issued under the Local Treasury Bills Act before the commencement of this Act shall not be invalidated by the amendment in this Act but shall continue to subsist as if this Act had not been passed.
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