I move that leave be granted to introduce a Bill entitled an Act to apply certain sums out of the Central Fund to the service of the years ending on the thirty-first day of March one thousand nine hundred and sixty-five and one thousand nine hundred and sixty-six and to authorise the creation and issue by the Minister for Finance of certain non-interest-bearing securities.
I should like to draw the attention of Deputies to the fact that there is an extra clause in the Central Fund Bill which authorises the Minister for Finance to issue a new form of interest bearing security. It is really a new form of loan where the capital will accumulate and the clause gives power to the Minister to issue it. I shall explain it more fully at a later stage.
