Government security defined as instruments to raise public loans, including registered stock, promissory notes and bearer bonds. Section 2(2) defines Government security as instruments issued by the Government to raise public loans, listing stock transferable by registration in the ... Summary
Government security defined as instruments to raise public loans, including registered stock, promissory notes and bearer bonds.
Section 2(2) defines Government security as instruments issued by the Government to raise public loans, listing stock transferable by registration in the books of the Bank, promissory notes payable to order, bearer bonds payable to bearer, a prescribed form, and permitting other government-created securities in forms and for purposes as may be prescribed.
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