Revised Laws of Saint Lucia (2023)

36.   Government borrowing by treasury bills

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    (1)   Subject to this Act, the Minister may borrow money by the issue of treasury bills to meet the fiscal requirements for Government borrowing under section 23.

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    (2)   The treasury bills under subsection (1) may be issued in or outside Saint Lucia as the Minister directs.

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    (3)   For the purposes of subsection (1), the issue of treasury bills includes the issue of treasury bills to pay off, at maturity, treasury bills that have been issued.