The following provisions have effect with respect to the issue of Treasury Bills—
(a) each Treasury Bill shall be for an amount directed by the Minister;
(b) the ownership of Treasury Bills, which are issued by the Minister, may subject to the provisions of this Act, be evidenced and transferred without a written instrument; and
(c) the Securities Registry shall keep a register containing particulars of every Treasury Bill issued by the Minister.
(Inserted by Act 30 of 2003)