1Treasury Bills Regulations

STATUTORY RULES.

1922. No. 44.

REGULATIONS UNDER THE TREASURY BILLS ACT 1914-1915.

I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Treasury Bills Act 1914-1915 to come into operation forthwith.

Dated this twenty-second day of March, 1922.

FORSTER,

Governor-General.

By His Excellency’s Command,

S. M. BRUCE,

Treasurer.

Treasury Bills shall bear interest payable quarterly on the 31st March, 30th June, 30th September, and 31st December in each year.

2. Treasury Bills shall be issued in the following form:—

Commonwealth of Australia.

Treasury Bill.

Transferable by delivery.

No. £

Issued under the Treasury Bills Act 1914-1915.

This Bill entitles the bearer to payment at the Commonwealth Treasury at Melbourne of pounds sterling (or such reduced amount as may be indorsed hereon) on the day of , One thousand nine hundred and , together with interest thereon at the rate of per centum per annum payable, and such sums are secured on the Consolidated Revenue of the Commonwealth of Australia.

Dated this day of , 19 .

Secretary to the Treasury.

Registered at the Audit Office, Melbourne.

Auditor-General.

3. On the redemption in part of any Treasury Bill, it shall not be necessary to cancel the Bill, but a certificate shall be indorsed thereon, signed by the Secretary to the Treasury and registered in the office of the Auditor-General, specifying the amount of such redemption and the amount of such Bill that remains unredeemed.

Printed and Published for the Government of the Commonwealth of Australia by Albert J. Mullett, Government Printer for the State of Victoria.