CHAPTER 56:07
STOCK, BONDS AND TREASURY BILLS

 

ARRANGEMENT OF SECTIONS

 

   SECTION

 

 

 

PART I
Preliminary

 

   1.   Short title

 

   2.   Interpretation

 

 

 

PART II
Stock and Bonds

 

   3.   Loans to be raised by stock or bonds

 

   4.   Payment into Development Fund or Consolidated Fund

 

   5.   Principal moneys, etc. charged on Consolidated Fund

 

   6.   Expenses

 

   7.   Terms and conditions

 

   8.   Authority to issue stock or bonds exceeding P50 million

 

   9.   Register of stock and bonds

 

   10.   Certificates of title

 

   11.   Interest

 

   12.   Redemption

 

   13.   Bank to be sole agent

 

   14.   No responsibility for trust

 

   15.   Indemnity

 

 

 

PART III
Treasury Bills

 

   16.   Issue of Treasury bills

 

   17.   Moneys to be paid into or charged upon Development Fund or Consolidated Fund

 

   18.   Value and tenor of Treasury bills

 

   19.   Bank to keep records of payments

 

 

 

PART IV
Limitation on Borrowing

 

   20.   Limitation on borrowing

 

 

 

PART V
Regulations

 

   21.   Regulations

 

   22.   Repeal of Cap. 56:07

 

   23.   Savings

 

 

Act 13, 2005.

An Act to re-enact with amendments, the provisions relating to the issue of stock, bonds and treasury bills and matters incidental thereto and connected therewith.

[Date of Commencement: 23rd September, 2005]

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