s.6Financial Secretary to give directions as to name of securities and other matters
6
Section 6Part 2 — Power To Raise Loans

Financial Secretary to give directions as to name of securities and other matters

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6. (1) The Financial Secretary may, in respect of each issue of securities to be raised under this Law, specify, by directions published in the Gazette —
the name of the securities;
the amount of securities to be issued;
the form and denominations of the securities;
the rate or rates of interest payable on the securities;
the dates on which the interest on the securities shall be payable;
whether there shall be sinking fund for the redemption of the securities;
whether all or part of the amount of the securities issued may be in foreign currency;
the date of the redemption of the securities; and
any other matter related to each issue of securities.
The date of redemption of any securities shall not be later than thirty years from the date of issue of such securities.
Where the Financial Secretary considers it necessary to reserve an option to redeem any securities at any date earlier than the date of redemption specified for such securities by the directions under subsection (1) he shall, by such directions, specify the terms and conditions on which such securities may be redeemed at any earlier date.

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