Government Securities (Debt Market and Investment) Act 1992
Table of Contents
Long Title
Part 1 PRELIMINARY
1 Short title
2 Interpretation
Part 2 ESTABLISHMENT AND REGULATION OF GOVERNMENT SECURITIES FUND
3 Government Securities Fund
4 Application of moneys in Government Securities Fund
5 Expenses
6 Deficiencies in Government Securities Fund
7 Surpluses in Government Securities Fund
8 Application of Financial Procedure Act 1966
9 Withdrawal of moneys from Government Securities Fund
10 Mode of payment out of Government Securities Fund
Part 3 AUTHORISATION OF BORROWING AND APPLICATION OF PROCEEDS
Division 1 — General
11 Borrowing limit for Government securities and Treasury Bills
11A Securities lending arrangements
12 Payment into Government Securities Fund
13 Principal sums and interest charged on Government Securities Fund
Division 2 — Special provisions for Treasury Bills
14 Maturity of Treasury Bills
15 Principal charged on Government Securities Fund
Part 3A RESERVES MANAGEMENT GOVERNMENT SECURITIES
15A Limit on issue of RMGS to Authority
15B Terms of RMGS
15C Principal sums and interest charged on Government Securities Fund
Part 4 (Repealed)
16 (Repealed)
Part 5 BOOK‑ENTRY GOVERNMENT SECURITIES AND TREASURY BILLS
17 Interpretation of this Part
18 Issue of book-entry Government securities
18A Transfers and pledges of book-entry Government securities
19 Transfers and pledges effected by Authority under book‑entry clearing system
20 Transfers and pledges effected by other means
21 Authority to be discharged by action on instructions
22 Confirmation of transaction
22A Application to book-entry Treasury Bills
Part 6 PROVISIONS RELATING TO INTEREST PAYMENTS ON AND REDEMPTION OF GOVERNMENT SECURITIES
23 Payment of interest
24 Redemption of Government securities
24A Early redemption
25 (Repealed)
26 (Repealed)
Part 7 ADVANCE DEPOSITS
27 Acceptance of advance deposits
28 Power to make advance deposits
29 (Repealed)
Part 7A PRIMARY DEALERS
29A Appointment as primary dealers
29B Conditions of appointment as primary dealers
29C Directions to primary dealers
29D Cancellation, etc., of appointment as primary dealer
29E Appeal to Minister
29F Inspection of books
Part 8 GENERAL
30 Authority acts on Government’s behalf
31 Regulations
Legislative History
Abbreviations