884

2. Clause 2 of this Bill adds three new sub-sections to section 4 of the principal Ordinance providing that the fund shall bear the expenses of note-issue and management, that interest earned by the fund shall be paid into the fund, and that on the 31st day of December in any year any surplus moneys in excess of the nominal value of currency notes in circulation shall be paid into the general revenues of the Colony.

3. Clause 3 of this Bill removes doubts as to the regularity of this practice in the past by validating such past acts as come within the scope of the present amendment.

J. A. FRASER,

October, 1938.

Attorney General,

Share This Page