Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698072428693.pdf (Guyana)
A.D. 1967]TREASURY SAVINGS CERTIFICATES SAVINGS BONDS (AMENDMENT) AND [No.

23 65 • • lassent.

D.J.

G. ROSE Governor-General.

.. 27th October, 1967.

ACT NO.

23 OF 1967.

TREASURY SAVJNGS CERTIFICATES AND SAVINGS BONDS (AMENDMENT) ACT, 1967.

Arrangement of Sections.

f Section 1.

2.

Short title.

Amendment of Ordinance No.

12 of 1965.

SCHEDULE AN AcT to authorise the raising of loans by the issue of Savings Bonds.

1967 J [28th October, Enacted by the Parliament of Guyana:- A.I), 1967, 1.
( l) This Act may be cited as the Treasury Savings Certificates Sd1or1 1111c.

and Savings and read as one with the Treasury Bonds (Amendment) Savings Act, 1967, and shall be construed Certificates Ordinance.

Ordin,ance, No.
Ordin,ance, No.

12 or 1961 • 1965, hereinnfter referred 10 as the Principal r Ordina10ce Savi10gs (2) As from th..e. commencement may be cited as the TreHsury 1965, and section Bonds Ordinance, of this Act, the Principal Certificates Savings 1 of the Principal • nance and aU other laiws wherein rhe last mentioned Ordinance and Ordi- is n81ll1ed shall have effect accordingly.

.. of the Principal 2.


(I) The provisions to this Act are hereby amended in the ��i:dl- the first column of the schedule manner set out in the second column of the said schedule.

�65 ill the Principal _12 "' of this Act any re!erence Schc\lnto shall be deemed to mclude (2)As from the commencement to certificates Ordinance Ordinance specified in Amcn,lmcnl 66 No.

23] THE LAWS OF GUYANA [A.D. 1967 a reference by this Act.
to bonds issued under the Principal Ordinance as amended • Section 2 Insert before the definition of SCHEDULE s.2 .. "certificates" the following means the Savings to be issued • ' "bonds" definition under this Ordinance;' Bonds authorised Section 3 Substitute "of Treasury Bonds".

for the words "of certificates" the words or of Savings Saving Certificates s Section 7 (2) Insert after the word "Admini s trations" the words "or the Bank of Guyana".
Section 8 The following section substituted therefor - "Exemption g Th �A· • t b o de • r11,111 incmr,<·.

e 1n1ms er may, y r r, ,ax """ declare �'.

:�'.�"\ of any parti- ,.


cular issue of certificates, no income that in respect tax or capital gains tax shall be chargeable on any interest or pre­ mium paid to the holder of any • certificates or on any capital accruing to him by reason of any transaction in respect Provided of them: that no order under this section shall apply to any amount in excess of ten thou and dollars in respect by any person."

s of certificates held gains Passed by the National A uembly on the 26th of October, 1967.
Deputy Clerk of the National Assembly.

M. B. HE��RY, (M.P.G 533 11) (Bill No.

22/1967)