Dennis FrmAccounts
In your public finance act, It should say something along the lines.. "The Crown must not get involved in Securities" except by Statute, Which implies you can pay by Statute. A note in the hands of a 3rd party is a Security, as you know they pool these notes and they become Securities/Bonds http://privateaudio.homestead.com/Exhibit_G_Securitization.pdf.
Printed copy · Anthology Volume 2, page 248
