Victorian Numbered Regulations

BORROWING AND INVESTMENT POWERS (STOCK, BONDS AND DEBENTURES) REGULATIONS 2017 (SR NO 95 OF 2017) - REG 30

    (1)     Bearer instruments, either with or without coupons, must—

        (a)     be prepared on watermarked paper; and

        (b)     bear—

              (i)     the signature of 2 officers of the Treasury Corporation of Victoria (whether personally or by facsimile, stamp or other process); or

              (ii)     the common seal of the Treasury Corporation of Victoria (or a facsimile or replica of the seal);
and

        (c)     be numbered consecutively in each denomination.

    (2)     A bearer instrument must specify—

        (a)     the principal sum secured; and

        (b)     unless interest coupons are attached, the rate at which interest is payable; and

        (c)     the date when and the place where principal is repayable and, unless interest coupons are attached, the dates when and place where interest is payable.

    (3)     In the case of a bearer instrument issued with interest coupons attached, the amount of interest and the date and place of payment required upon surrender of the coupon must be specified on each coupon.