Government Securities Act 2006
Directions.
29.
Power to call for information, cause inspection and issue directions. -
1. The Bank may at any
time, for the purposes of this Act, call for such information as it deems
necessary in relation to a Government security from any agent, or holder of
subsidiary general ledger account including constituents' subsidiary general
ledger account and cause an inspection or scrutiny to be made by one or more of
its officers or other persons, of any agent or holder of a subsidiary general
ledger account including constituents' subsidiary general ledger account.
2. The Bank may, if it
considers necessary so to do, issue such directions as it thinks fit, in
relation to a Government security,-
i.
to
the holders of the subsidiary general ledger accounts including constituents'
subsidiary general ledger account;
ii.
to
the agents maintaining bond ledger account; and
iii.
to
any other person dealing with the Government securities, for carrying out the
purposes of this Act.