Section 9

A depository institution shall issue to each of its Treasury Bill customers a statutory monthly statement of his Treasury Bills in the form in Schedule B on or before the tenth day of the month succeeding the month in respect of which the statutory monthly statement is issued.

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A statutory monthly statement shall be the sole evidence of the

Treasury Bills held by a Treasury Bill customer at the close of the month in respect of which it is issued.

A depository institution shall repay the Treasury Bill customer the principal moneys represented by each of the Treasury Bills which stand in such Treasury Bill customer’s account, and such repayment shall be made on the date the Treasury Bill falls due.

The Treasury Bills dealt with by a depository institution in respect of any transfer effected through it under subsection 8(2) shall be dealt with solely and exclusively in the manner, and for the purpose, provided under section 8, and shall not be dealt with or utilized by the depository institution in any other manner whatsoever, or for any other purpose whatsoever.

A depository institution shall furnish to the Bank such returns, details, particulars or information in relation to the accounts maintained by it under subsection (1) in respect of each Treasury Bill customer, or its Treasury Bill customers generally, as may be specified by the Bank, or as the Bank may from time to time require in writing.

The Bank may, through any of its officers authorized in writing by the Governor or the Deputy Governor of the Bank, inspect and take copies of accounts maintained by a depository institution under this section, including the accounts in respect of any particular

Treasury Bill customer or any other record or account relating to or affecting Treasury Bills under this Act, and the depository institution, and every director, officer, employee, servant or agent of the depository institution shall furnish to such officer of the Bank all such books, records, correspondence, or any other document as may be required by the officer, and shall provide him all such assistance as he may require.

The account of a Treasury Bill customer maintained by a depository institution under subsection (1) shall be secret as between the institution and the Treasury Bill customer and shall not be disclosed to any person by the depository institution except to the

Bank, including the officers of the Bank referred to in subsection (7),

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unless such disclosure is authorized in writing by the Treasury Bill customer.

A depository institution shall be absolutely and wholly responsible and liable to its Treasury Bill customer in respect of all transfers taken or made by the Treasury Bill customer through it under subsection 8(2).

A depository institution shall not require a Treasury Bill customer to pay any charge, fee, or any other payment in respect of any matter dealt with by it in relation to a Treasury Bill customer under this Act, except as may be provided by rules made under section 15.

Bank’s power to require information, inspect and take copies