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Brief
The Treasury Bills Act 1914 is an Australian Act that authorizes the issue of Treasury Bills, which are short-term government securities. The Act outlines the powers of the Governor-General to make out and issue Treasury Bills, as well as the conditions for their issue, transfer, and redemption. The Act also provides for the payment of interest and principal, and the destruction of defaced or cancelled Treasury Bills.
The Act was first enacted in 1914 and has undergone several amendments since then. The most recent amendment was made in 2011.
From the provided document, it appears that the Act has undergone changes related to the issue and redemption of Treasury Bills, as well as the payment of interest and principal. The Act also outlines the responsibilities of the Treasurer, the Auditor-General, and other officials in relation to Treasury Bills.
This summary is based on the provided document and may not be exhaustive, but it should provide a general overview of the main points of the Treasury Bills Act 1914.
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