Section 3: The Bank of Sierra Leone (Conversion of Outstandi[illegible]

Advances made to Government) Act, 1991 is repealed. MADE and ISSUED this 13th day of July, 1993. CAPTAIN VALENTINE E. M. STRASSER Chairman, National Provisional Ruling Council. EXPLANATORY NOTE (This Note does not form part of the Decree but is intended to explain its purpose[illegible] The Bank of Sierra Leone (Conversion of Outstanding Advances made [illegible] Government) Act, 1991 empowered the Bank of Sierra Leone to convert in[illegible] irredeemable stock the total outstanding advances made by the Bank to t[illegible] Government notwithstanding the limitations imposed by section 35 of t[illegible] Bank of Sierra Leone Act, 1963. The object of this Decree is to enable the Bank of Sierra Leone to [illegible] convert the whole or part of that irredeemable stock into marketable Gover[illegible] ment Securities to be issued in pursuance of Government's monetary poli[illegible] objectives. PRINTED AND PUBLISHED BY THE GOVERNMENT PRINTING DEPARTMENT, SIERRA LEONE— AUTHORITY OF THE NATIONAL PROVISIONAL RULING COUNCIL GAZETTE EXTRAORDINARY No. 38 OF 16TH JULY, 1993.