| Local Treasury Bills (Amendment) Bill |
Bill No. 5/2001
| Read the first time on 22nd February 2001. |
| An Act to amend the Local Treasury Bills Act (Chapter 167 of the 1988 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 Local Treasury Bills (Amendment) Act 2001 and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint. |
| Amendment of section 6 |
| 2. Section 6 of the Local Treasury Bills Act is amended by deleting the words “$10,000 or a multiple of $10,000” in the 2nd line and substituting the words “$1,000 or a multiple of $1,000”. |
| Saving |
| 3. Every Treasury Bill issued under the Local Treasury Bills Act before the commencement of this Act shall not be invalidated by the amendment in this Act but shall continue to subsist as if this Act had not been passed. |