Territorial application of Government Securities Act extended to all States and Union territories, with related substantive amendments. The Bill revises territorial application of the Government Securities Act to all States and Union territories and updates commencement language for immediate operation in listed jurisdictions and on state adoption. It inserts qualification language into the purpose clause, removes certain limiting phrases from form and specification provisions, clarifies that a specified subsection does not affect restrictions on transferability of government securities made under the purpose clause, omits two subsections governing obligations, narrows a terms and conditions reference, and repeals the Public Debt Act with a saving clause.