Government Securities Act |
Government Securities Regulations |
Rg 1 |
G.N. No. S 184/1992 |
REVISED EDITION 2002 |
(31st January 2002) |
[1st April 1992] |
Citation |
1. These Regulations may be cited as the Government Securities Regulations. |
Definitions |
2. In these Regulations, unless the context otherwise requires —
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Applications |
Applications to be submitted through primary dealers |
4.—(1) An application made in pursuance of a public notice by a person other than a primary dealer shall be submitted by the primary dealer on behalf of that person. [S 7/2002 wef 04/01/2002]
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Authority to refuse applications after 12 noon |
5. The Authority shall refuse to accept any application made in pursuance of a public notice that is received after 12 noon of the auction day or such extended time as the Authority may in any case allow. [S 7/2002 wef 04/01/2002] |
Manner of allotment of Government securities |
6.—(1) The Authority may allot Government securities under a multiple pricing format or a uniform pricing format as may be specified in the public notice for the issue of the Government securities.
[S 116/2003 wef 10/03/2003] |
Allotment under multiple pricing format |
7.—(1) Subject to these Regulations, Government securities that are to be allotted under a multiple pricing format shall be allotted in accordance with paragraphs (2) to (8).
[S 116/2003 wef 10/03/2003] |
Allotment under uniform pricing format |
7A.—(1) Subject to these Regulations, Government securities that are to be allotted under a uniform pricing format shall be allotted in accordance with paragraphs (2) to (7).
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Inadequate applications |
8. No allotment of any Government security shall be made on any application made in pursuance of a public notice for an amount of Government security which is less than the minimum nominal amount specified in regulation 3. |