Motions

WHEREAS it is provided by section 2(1) of the Treasury Bills Act, that the Minister may borrow in Trinidad and Tobago such sum or sums not exceeding in the aggregate, two thousand million Trinidad and Tobago dollars or the equivalent thereof in any foreign currency or currencies and such further sum or sums as may be specified by resolution of Parliament, or the equivalent thereof in any foreign currency or currencies, by the issue of Treasury Bills:

AND WHEREAS it is provided by section 2(2) that the Minister may borrow further sums for the purpose of paying off at maturity, Treasury Bills issued under subsection (1), by further issue of Treasury Bills:

AND WHEREAS it is necessary for the Minister of Finance to borrow further sums of money for the purpose stated in the said section 2(2):

BE IT RESOLVED that for the purpose stated in the section 2(2), the Minister of Finance is hereby authorized to borrow such further sum or sums in Trinidad and Tobago, not exceeding in the aggregate one thousand million Trinidad and Tobago dollars or the equivalent thereof in any foreign currency or currencies.

(By the Minister of Finance)