Government Securities (Debt Market and Investment) Act 1992 s 6
Government Securities (Debt Market and Investment) Act 1992 s 6
s 6 Deficiencies in Government Securities Fund
6. Where the moneys in the Government Securities Fund are insufficient —(a)
to repay any principal sum or interest payable on any Government securities issued or advance deposits accepted under this Act;
(b)
to repay any principal sum payable on any Treasury Bill —(i)
issued on or after 1 April 1996 under the repealed 1923 Act; or
(ii)
issued under this Act; or[Act 35 of 2021 wef 31/01/2022]
(c)
to meet any other obligation charged upon the Government Securities Fund arising from this Act or any other written law,
at the time when they become due, the deficiency is charged upon and payable out of the Consolidated Fund.
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