Repeal of Government Securities Act: prior government securities and actions deemed effective under new public debt management chapter. The provision repeals the Government Securities Act and, as a transitional measure, deems all government securities issued before repeal to have been ... Summary
Repeal of Government Securities Act: prior government securities and actions deemed effective under new public debt management chapter.
The provision repeals the Government Securities Act and, as a transitional measure, deems all government securities issued before repeal to have been issued under Chapter VII of the Finance Act, 2015, and deems prior acts or exercises of power under the repealed Act to have been done under that Chapter as if it had been in force at all material times.
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