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Treasury Bills Act 1877
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- 1877 c. 2
- Section 4
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4Form and length of currency of and interest on Treasury bills.
A bill under this Act (referred to in this Act as a Treasury bill) shall be a bill in the prescribed form, for the payment of the principal sum named therein in the manner and at the date therein mentioned, so that the date be not more than twelve months from the date of the bill.
Interest shall be payable in respect of a Treasury bill at such rate and in such manner as the Treasury direct.
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