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Treasury Bills Act 1877
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- UK Public General Acts
- 1877 c. 2
- Section 8
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8Mode of issue of Treasury bills.
With respect to the issue of Treasury bills the following provisions shall have effect:
(1)Treasury bills shall be issued by the Bank of England under the authority of a warrant from the Treasury, countersigned by the Comptroller and Auditor General of the receipt and issue of Her Majesty's Exchequer ;
(2)Each Treasury bill shall be for the amount directed by the Treasury;
(3)Each Treasury bill shall be signed by the said Comptroller and Auditor General in his own name.
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