Commonwealth Consolidated Acts

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TREASURY BILLS ACT 1914 - SECT 9

Defaced Bills may be exchanged

  (1)   Where a Treasury Bill has been defaced by accident the Treasurer may permit it to be cancelled and a new Bill to be made out and issued in lieu thereof.

  (2)   Such new Bill shall have the like currency, and be in all respects subject to the same rules, methods, and continuance, and bear the same number, date, and principal sum and rate of interest, as the cancelled Bill.



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