Regulatory Alerts2020-12-01
Treasury Bills (Amendment) (No. 2) Act, 2020
The Parliament of Belize enacted the Treasury Bills (Amendment) (No. 2) Act, 2020, to amend the principal Treasury Bills Act. This legislation specifically raises the maximum principal sum of outstanding Treasury Notes from one billion to one billion two hundred million dollars. The Act received assent on October 5, 2020, and was gazetted on October 7, 2020.
No. 27] Treasury Bills 229
[Coat of Arms]
No. 27 of 2020
I assent,
(SIR COLVILLE N. YOUNG) Governor-General
5th October, 2020
AN ACT to amend the Treasury Bills Act, Chapter 83 of the Substantive Laws of Belize, Revised Edition 2011; to raise the principal sums represented by Treasury Notes outstanding at any one time; and to provide for matters connected therewith or incidental thereto.
(Gazetted 7th October, 2020).
BE IT ENACTED, by and with the advice and consent of the House of Representatives and the Senate of Belize and by the authority of the same, as follows: -
- This Act may be cited as the Short title.
TREASURY BILLS (AMENDMENT) (NO. 2) ACT, 2020,
230 Treasury Bills [No. 27
CAP. 83. and shall be read and construed as one with the Treasury Bills Act No. 2/ Act which, as amended, is hereinafter referred to as the 2016. principal Act. Act No. 18/ 2016. Act No. 8/ 2017. Act No. 10/ 2020.
Amendment 2. Section 3 of the principal Act is hereby amended of section 3. in subsection (2) as follows -
in paragraph (ii), by substituting the words “one billion two hundred million dollars” for the words “one billion dollars.”.
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