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Section 15

Rules

of Treasury Bills (Local) Act 1946

ActIn forceProvision 17 of 19
Section 15
(1)

The Minister of Finance may, on the recommendation of the

Bank, make such rules as may be necessary or expedient for giving full effect to the provisions of this Act, for carrying out or achieving the objects and purposes of this Act, or for the further, better or more convenient implementation of the provisions of this Act.

(2)

Without prejudice to the generality of subsection (1), rules may be made to provide for—

(a)

matters relating to the issue of Treasury Bills, application for Treasury Bills, and the repayment of Treasury Bills when they fall due;

(b)

procedures and practices relating to the carrying out by any person of any provision of this Act;

(c)

forms in respect of any provision of this Act;

(d)

charges, fees and payments payable to the Bank, and charges, fees and payments payable to a depository institution, in respect of any provision of this Act; and

(e)

matters relating to the carrying out of the transitional provisions contained in section 8 of the Treasury Bills

(Local) (Amendment) Act 1990 [Act A747].

Treasury Bills (Local) 17