Amendment of principal Regulations

4.  In regulation 2–

(a) for paragraph (1) there shall be substituted the following–

“(1) An invitation to tender for Treasury bills shall be by notice given by such means as the Treasury may direct, and such notice shall specify (whether itself or by reference to some other document)–

(a) how tenders may be made,

(b) the closing date for tenders, and

(c) the period for which, and the terms and conditions subject to which, the bills are to be issued.”; and

(b) for paragraph (2) there shall be substituted the following–

“(2) For the purposes of paragraph (1)(a) of this regulation, and without prejudice to its generality,–

(a) more than one method of tendering may be specified,

(b) different provision may be specified for different descriptions of tender or tenderer, and

(c) it may be specified as a condition of any method of tendering that the action which is to constitute the tender must take place by a specified time or between specified times.”.