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← Government Securities (Debt Market and Investment) Act 1992

Government Securities (Debt Market and Investment) Act 1992 s 30

Government Securities (Debt Market and Investment) Act 1992 s 30

s 30 Authority acts on Government’s behalf

30.—(1) The Authority is, by this section, appointed to act on the Government’s behalf as an agent —(a) for issuing of Government securities or Treasury Bills for moneys borrowed under this Act; and (b) for any other purpose connected with paragraph (a). (2) Without limiting subsection (1), the Authority may —(a) by public notice invite the public to apply to take up any Government securities or Treasury Bills issued under this Act; and (b) refuse any application to take up Government securities or Treasury Bills issued under this Act without assigning any reason. (3) Subsection (1) does not prevent the exercise by the Minister of any power under this Act.[Act 35 of 2021 wef 31/01/2022]

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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