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        Bills

        Clause 130 - Fungibility and Transferability .

        Finance Bill, 2015
        Chapter VII
        PUBLIC DEBT MANAGEMENT AGENCY

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        Public debt management agency centralises issuance and transferability of government securities with oversight and tax exemption. Establishes a Public Debt Management Agency under Central Government superintendence with a Board for governance; the Agency is entrusted with issuance, payment obligations, and market operations in Government securities, which of the same class or type are declared fungible and freely transferable, and it must collect and publish public debt information while being 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.
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                                Public debt management agency centralises issuance and transferability of government securities with oversight and tax exemption.

                                Establishes a Public Debt Management Agency under Central Government superintendence with a Board for governance; the Agency is entrusted with issuance, payment obligations, and market operations in Government securities, which of the same class or type are declared fungible and freely transferable, and it must collect and publish public debt information while being exempt from taxes.


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