Document ID: chunk:federal_register_of_legislation:C2011C00217:section:10
Version: federal_register_of_legislation:C2011C00217
Segment Type: section
Provision Reference: s 10
Character Range: 3497–4472

10  Lost or destroyed Treasury Bills

 (1) Where a Treasury Bill has been accidentally lost or destroyed before it has been paid off, the owner may make application to the Federal Court of Australia for a certificate under this section.

 (2) If on the application the Court is satisfied by evidence that the Treasury Bill has been accidentally lost or destroyed and that the applicant is the owner thereof, it may give to the applicant a certificate that it is so satisfied.

 (3) Upon such certificate and upon the applicant giving security to the satisfaction of the Treasurer to indemnify the Commonwealth against double payment of the Treasury Bill, the Treasurer may, if he thinks fit, cause a new Bill to be made out and issued in lieu thereof.

 (4) Such new Bill shall have the like currency, and be in all respects subject to the same rules, methods, and continuance, and bear the same number, date, and principal sum and rate of interest, as the cancelled Bill.