Treasury Bills (Amendment) Act, 2016

No. 2] Treasury Bills 5

[Image of the Coat of Arms of Belize]

No. 2 of 2016

I assent,

(SIR COLVILLE N. YOUNG) Governor-General

24th February, 2016

AN ACT to amend the Treasury Bills Act, Chapter 83 of the Substantive Laws of Belize, Revised Edition 2011; to raise the limit of principal sums represented by Treasury Bills and Treasury Notes outstanding at any one time; and to provide for matters connected therewith or incidental thereto.

(Gazetted 27th February, 2016).

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:-

1. This Act may be cited as the

TREASURY BILLS (AMENDMENT) ACT, 2016,

Short title.

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6 Treasury Bills [No. 2

CAP. 83. Act 33/2002 Act 2/2006 Act 8/2010

and shall be read and construed as one with the Treasury Bills Act which, as amended, is hereinafter referred to as the principal Act.

Amendment of section 3.

2. Section 3 of the principal Act is hereby amended in subsection (2) as follows:-

(a) by renumbering paragraph (i) as paragraph (a), and in paragraph (a), as renumbered, by substituting the words “four hundred million dollars” for the words “two hundred million dollars” occurring therein;

(b) by renumbering paragraph (ii) as paragraph (b), and in paragraph (b), as renumbered, by substituting the words “four hundred and fifty million dollars” for the words “two hundred and twenty five million dollars” occurring therein.

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