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Treasury Bills (Amendment) Act 2001

PAPUA NEW GUINEA.

Treasury Bills (Amendment) Act 2001.

No. 4 of 2001
Certified on: 6.12.01

ARRANGEMENT OF SECTION.

Repeal and replacement of Section 2.

"2. ISSUE OF TREASURY BILLS.".

AN ACT

entitled

Treasury Bills (Amendment) Act 2001,

Being an Act to amend the Treasury Bills Act (Chapter 135),

MADE by the National Parliament.

REPEAL AND REPLACEMENT OF SECTION 2.

Section 2 of the Principal Act is repealed and is replaced with the following:-

"2. ISSUE OF TREASURY BILLS.
Notwithstanding any other law, the Minister may borrow, by the issue in Papua New Guinea of securities to be known as Treasury Bills, such amounts in any financial year as the Minister considers appropriate.

I hereby certify that the above is a fair print of the Treasury Bills (Amendment) Act 2001 which has been made by the National Parliament.

Clerk of the National Parliament

I hereby certify that the Treasury Bills (Amendment) Act 2001 was made by the National Parliament on 5 December 2001.

Speaker of the National Parliament.