Document ID: chunk:federal_register_of_legislation:C2011C00217:section:4
Version: federal_register_of_legislation:C2011C00217
Segment Type: section
Provision Reference: s 4
Character Range: 1557–2412

4  Conditions of issue

  Each Treasury Bill shall:
 (a) be numbered consecutively, beginning with the number one and progressing arithmetically by units;
 (b) be signed by the Treasurer or some other person in that behalf appointed by the Governor‑General;
 (c) be registered in the office of the Auditor‑General;
 (d) bear date as the Governor‑General directs;
 (e) bear interest payable at such intervals as are prescribed at a rate not exceeding five per centum per annum in respect of the principal money secured hereby; and
 (f) be redeemable at par on a date fixed by the Governor‑General before the issue of the Treasury Bill reserving to the Treasurer the right after a date fixed by the Governor‑General before the issue of the Treasury Bill to redeem the Treasury Bill at par upon such notice given in such time and manner as are prescribed.