Treasury Bills Act Amendment Act 1897 (WA)

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ANNO SEXAGESIMO PRIMO

VICTORIA: REGINA,.

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No. I.

AN ACT to amend the Act of the 57th Vic- toria, No. 2, authorising the Issue of Treasury Bills.

[Assented to, 26th August, POI.]

Legislative Assembly of Western Australia, in this present Parlia- BE it enacted by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and

ment assembled, and by the authority of the same, as follows :-

1. THIS Act may be cited as the 'treasury Bills Act Amend-	Short title.
S

ment Act, 1897.

2, THE First Section of the Act of the 57th year of Her

Majesty numbered two, hereinafter called the Principal Act : is hereby laters,l,boeftiStteittott" of repealed, and in lieu of the said section the words following shall be new section. substituted, to wit :—

1. The Colonial Treasurer for the time beimg of the said

Colony may issue, from time to time, Bills to be called

Treasury Bills," for the purpose of raising any sum of

61° VICTORLE, No. 1.

Treasury Bills Act—Amendment.

money not exceeding Three millions authorised to be raised by any Loan Act, whether passed before or after this Act, and not already raised at the time of the issue of the said Bills, and, on paying off and discharging any such Bills, may issue other Bills in lieu thereof to the extent of any such moneys for the time being remaining unpaid.

THE Fourth Section of the Principal Act is hereby amended by omitting the words " Twenty-five pounds, Fifty pounds, One hundred pounds, Five hundred pounds, or One thousand pounds," and inserting in lieu thereof the words " or any multiple thereof."

Amendment of 3.

Section 4.

Certain Bills may be 4. TREASURY Bills intended to be issued for the amounts

signed and regis-	named therein, and to be sold beyond the limits of the Colony, may
tered, leaving date
and currency to be	be signed by the Colonial Treasurer and the Under Treasurer, and
filled in at issue by	registered in the Treasury and by the Auditor General, without the
Agent, who is to
notify them.	dates of issue or the times of currency being inserted ; and such dates shall be inserted by the Agent appointed to negotiate such sale on behalf of the Government when issuing such Bills, and immediately after such issue such Agent shall, by writing under his hand, notify such dates and times to the Colonial Treasurer and to the Auditor General for registration.

Incorporation with	5.	THIS Act shall be read with the principal Act as one Act.
57 Victoria, No. 2.
In the name and on behalf of the Queen I hereby assent

'to this Act.

GERARD SMITH, Governor.

By Authority : &mann PETH Government Printer, Perth.