REPUBLIC OF SINGAPORE
GOVERNMENT GAZETTE
ACTS SUPPLEMENT
Published by Authority

NO. 9]Friday, February 9 [1996

The following Act was passed by Parliament on 18th January 1996 and assented to by the President on 2nd February 1996:—
Government Securities (Amendment) Act 1996

(No. 9 of 1996)


I assent.

ONG TENG CHEONG,
President.
2nd February 1996.
Date of Commencement: 1st April 1996
An Act to amend the Government Securities Act (Chapter 121A of the 1993 Revised Edition).
Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows:
Short title and commencement
1.  This Act may be cited as the Government Securities (Amendment) Act 1996 and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint.
Amendment of section 3
2.  Section 3(1) of the Government Securities Act (referred to in this Act as the principal Act) is amended by inserting, immediately after paragraph (a), the following paragraph:
(aa)all sums representing the proceeds of loans raised under the Local Treasury Bills Act [Cap. 167] on or after the commencement of the Local Treasury Bills (Amendment) Act 1996;”.
Amendment of section 5
3.  Section 5 of the principal Act is amended by deleting the words “and any other written law” in the fourth line of paragraph (b) and substituting the words “, under the Local Treasury Bills Act on or after the commencement of the Local Treasury Bills (Amendment) Act 1996, and under any other written law”.
Amendment of section 6
4.  Section 6 of the principal Act is amended by deleting the word “or” at the end of paragraph (a), and by inserting immediately thereafter the following paragraph:
(aa)to repay any principal sum payable on any Treasury Bill or book-entry Treasury Bill issued under the Local Treasury Bills Act [Cap. 167] on or after the commencement of the Local Treasury Bills (Amendment) Act 1996; or”.