129. Transitory credit to the Government

Bank to the Government and any holding of securities purchased on the primary market as at the appointed date may be maintained.

Minister, convert any outstanding credit of the Central Bank to the Government and any outstanding securities purchased on the primary market as at the appointed date, over a period of one year immediately succeeding such date, into negotiable debt instruments with a specified maturity period on which the Central Bank shall, as much as possible, sell such debt instruments under its monetary policy.