Public debt management: centralised issuance and management of government securities to minimise long term borrowing cost and risk. The document establishes a Public Debt Management Agency to minimise the long term cost of raising and servicing public debt within acceptable risk under the Central Government's general superintendence; it will be governed by a Board, may be directed by the Central Government, and will collect and publish public debt information, transact in Government securities, be entrusted with issuance, make payments to security holders, and be exempt from taxes.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Public debt management: centralised issuance and management of government securities to minimise long term borrowing cost and risk.
The document establishes a Public Debt Management Agency to minimise the long term cost of raising and servicing public debt within acceptable risk under the Central Government's general superintendence; it will be governed by a Board, may be directed by the Central Government, and will collect and publish public debt information, transact in Government securities, be entrusted with issuance, make payments to security holders, and be exempt from taxes.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
