s 3 Government Securities Fund
3.—(1) A Government Securities Fund is established into which must be paid —(a) all sums representing the proceeds of loans raised or advance deposits accepted under this Act; (b) all sums representing the proceeds of loans raised on or after 1 April 1996 under the repealed 1923 Act;[Act 35 of 2021 wef 31/01/2022] (ba) all foreign reserve assets received by the Government from the Authority in exchange for RMGS issued to the Authority, all income from these foreign reserve assets and all proceeds realised from the disposition of any of the foreign reserve assets;[Act 5 of 2022 wef 21/02/2022] (c) all moneys from time to time authorised to be paid into the Government Securities Fund by this Act or any other written law; and (d) all income from the investment of moneys in the Government Securities Fund authorised to be made by this Act, and all profits arising from the realisation of any such investments. (2) The Government Securities Fund is deemed to be a Government fund for the purposes of any written law.