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Legislation
Finance Act 1998

Crossheading Government borrowing

  • Section 158 Treasury’s position regarding their own securities.
  • Section 159 Treasury bills.
  • Section 160 National loans.
  • Section 161 Non-FOTRA securities.
  • Section 162 Accounting statements relating to National Savings.
  1. Government borrowing
  2. Treasury bills.

Section 159 | Treasury bills.

From legislation.gov.uk

(1)In section 8 of the Treasury Bills Act 1877 (mode of issue of Treasury bills) the following shall be substituted for paragraph (1)—

(1)Treasury bills shall be issued by the Treasury (either directly or through such agent as the Treasury think fit).

(2)This section shall apply in relation to issues made on or after such day as the Treasury may appoint by order made by statutory instrument.

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