EX-99. CERT
CERTIFICATION PURSUANT TO SECTION 302
OF THE SARBANES-OXLEY ACT OF 2002
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I, Terry K. Glenn, President of WCMA Government Securities Fund and Master
Government Securities Trust, certify that:
1. I have reviewed this report on Form N-CSR of WCMA Government Securities
Fund and Master Government Securities Trust (together, the "Fund");
2. Based on my knowledge, this report does not contain any untrue statement
of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this
report; and
3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material
respects the financial condition, results of operations, changes in net
assets, and cash flows (if the financial statements are required to
include a statement of cash flows) of the Fund as of, and for, the periods
presented in this report;
4. The Fund's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in Rule 30a-3(c) under the Investment Company Act of 1940) for the
Fund and have:
a) designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to the
Fund, including its consolidated subsidiaries, is made known to us
by others within those entities, particularly during the period in
which this report is being prepared;
b) evaluated the effectiveness of the Fund's disclosure controls and
procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of a
date within 90 days prior to the filing date of this report based on
such evaluation; and
c) disclosed in this report any change in the Fund's internal control
over financial reporting that occurred during the Fund's most recent
fiscal half-year (the Fund's second fiscal half-year in the case of
an annual report) that has materially affected, or is reasonably
likely to materially affect, the Fund's internal control over
financial reporting; and
5. The Fund's other certifying officer(s) and I have disclosed, based on our
most recent evaluation, to the Fund's auditors and the audit committee of
the Fund's board of directors (or persons performing the equivalent
functions):
a) all significant deficiencies and material weaknesses in the design
or operation of internal control over financial reporting which are
reasonably likely to adversely affect the Fund's ability to record,
process, summarize, and report financial information; and
b) any fraud, whether or not material, that involves management or
other employees who have a significant role in the Fund's internal
control over financial reporting.
Date: November 21, 2003
/s/ Terry K. Glenn
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Terry K. Glenn,
President of WCMA Government Securities
Fund and Master Government Securities
Trust
EX-99. CERT
CERTIFICATION PURSUANT TO SECTION 302
OF THE SARBANES-OXLEY ACT OF 2002
- --------------------------------------------------------------------------------
I, Donald C. Burke, Chief Financial Officer of WCMA Government Securities Fund
and Master Government Securities Trust, certify that:
1. I have reviewed this report on Form N-CSR of WCMA Government Securities
Fund and Master Government Securities Trust (together, the "Fund");
2. Based on my knowledge, this report does not contain any untrue statement
of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this
report;
3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material
respects the financial condition, results of operations, changes in net
assets, and cash flows (if the financial statements are required to
include a statement of cash flows) of the Fund as of, and for, the periods
presented in this report;
4. The Fund's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in Rule 30a-3(c) under the Investment Company Act of 1940) for the
Fund and have:
a) designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to the
Fund, including its consolidated subsidiaries, is made known to us
by others within those entities, particularly during the period in
which this report is being prepared;
b) evaluated the effectiveness of the Fund's disclosure controls and
procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of a
date within 90 days prior to the filing date of this report based on
such evaluation; and
c) disclosed in this report any change in the Fund's internal control
over financial reporting that occurred during the Fund's most recent
fiscal half-year (the Fund's second fiscal half-year in the case of
an annual report) that has materially affected, or is reasonably
likely to materially affect, the Fund's internal control over
financial reporting; and
5. The Fund's other certifying officer(s) and I have disclosed, based on our
most recent evaluation, to the Fund's auditors and the audit committee of
the Fund's board of directors (or persons performing the equivalent
functions):
a) all significant deficiencies and material weaknesses in the design
or operation of internal control over financial reporting which are
reasonably likely to adversely affect the Fund's ability to record,
process, summarize, and report financial information; and
b) any fraud, whether or not material, that involves management or
other employees who have a significant role in the Fund's internal
control over financial reporting.
Date: November 21, 2003
/s/ Donald C. Burke
-------------------
Donald C. Burke,
Chief Financial Officer of
WCMA Government Securities Fund and
Master Government Securities Trust