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TREASURY BILLS ACT 1877 - SECT 4 

Form, currency of, and interest on Treasury bills.

4. A bill under this Act (referred to in this Act as a Treasury bill) shall be
a bill in the prescribed form, for the payment of the principal sum named
therein in the manner and at the date therein mentioned, so that the date be
not more than twelve months from the date of the bill.

Interest shall be payable in respect of a Treasury bill at such rate and in
such manner as the Treasury direct.

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© 1877 Crown Copyright

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