Form of Treasury Bills

(1) Subject to paragraph (2), Treasury Bills shall, with effect from the date this Statutory Instrument comes into force, be issued in an electronic form only evidenced by an electronic book entry in the Central Securities Depository of the Central Bank of Belize; accordingly, legal title to Treasury Bills, whether initially issued before or after the effective date, may be acquired, evidenced and transferred by electronic means and without a printed instrument. Schedule. (2) The Central Bank of Belize, through the Central Securities Depository, may issue to the holder of any Treasury Bills a statement in a printed form, representing by the Treasury Bills. (3) For the purpose of this rule “electronic” includes created, recorded, transmitted or stored in digital or other intangible form by electronic, magnetic, optical or by any other means that has capabilities for creation, recording, transmission or storage similar to those means.