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TREASURY BILLS ACT 1877 - SECT 8

Mode of issue of Treasury bills.

8. With respect to the issue of Treasury bills the following provisions shall
have effect:

(1)Treasury bills shall be issued by the Bank of England under the authority
of a warrant from the Treasury, countersigned by the Comptroller and Auditor
General ...;

(2)Each Treasury bill shall be for the amount directed by the Treasury.

Para.(3) rep. by 1889 c.6 s.6 sch.


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