Cap. 575 ст. 55Liquidity buffer stock.

(1) For every fiscal year, the Treasury Department shall prepare a proposal with regard to the desired size of the liquidity buffer stock of the Government that may be authorised under article 8

(b) in the form of the minimum and maximum liquidity levels in the General Government Account for the administration of cash management, taking into account:

(a) the prevailing market conditions and cash volatility;

(b) the current credit facilities of the Government;

(c) the forecast of timely cash flows and cash reserves; and

(d) any other factors related to determining the appropriate liquidity buffer stock.

(2) The proposal referred to in sub-article (1) shall be updated at least every quarter and shall be approved by the Minister.