STOCK, BONDS AND TREASURY BILLS: SUBSIDIARY LEGISLATION

INDEX TO SUBSIDIARY LEGISLATION

Treasury Bills Control Fund Order

Treasury Bills Regulations

TREASURY BILLS REGULATIONS

(under section 26)

(8th October, 1976)

ARRANGEMENT OF REGULATIONS

    REGULATION

    1.    Citation

    2.    Form of Treasury bills

    3.    Maturity

    4.    To whom issuable

    5.    Offer for sale

    6.    Publication of offer

    7.    Publication of sale

    8.    Issue by Bank

    9.    Delivery to Bank on maturity

    10.    Issue of replacement Treasury bill

    11.    Powers of Minister

        Schedule - Form of Treasury Bill

S.I. 143, 1976,
S.I. 101, 1978,
S.I. 110, 1980.

1.    Citation

    These Regulations may be cited as the Treasury Bills Regulations.

2.    Form of Treasury bills

    Treasury bills shall be in the form set out in the Schedule and be signed by the Permanent Secretary to the Ministry for the time being responsible for finance or such other person in that Ministry appointed in writing by the Minister.

3.    Maturity

    Treasury bills shall be issued so as to mature 35, 63, 91, 182 or 364 days after issue:

    Provided that—

    (i)    where a bill would otherwise mature on a public holiday, it shall be issued for such period as will enable it to mature on the business day immediately before that public holiday; and