s 4 Application of moneys in Government Securities Fund
4.—(1) The Minister may at any time apply all or any part of the moneys in the Government Securities Fund to the purchase of trustee stock or of any other stock, fund, security or investment mentioned in section 7(3) of the Financial Procedure Act 1966, except any stock, bond, fund or security issued by the Government. (2) Nothing in subsection (1) prohibits the conversion of advance deposits to Government securities issued under this Act. (3) To avoid doubt, this section does not prevent the Minister causing any foreign reserve assets that are not moneys comprised in the Government Securities Fund to be disposed of and the proceeds thereof to be applied in accordance with subsection (1).[Act 5 of 2022 wef 21/02/2022]