New Zealand Gazette – 1933 – No. 83

Page 3269

✨ Loan Conversion Details

Dec. 7.] THE NEW ZEALAND GAZETTE. 3269

FIRST SCHEDULE.
LOANS TO BE CONVERTED.

Name.	Amount.	Rate of Interest.	Date of Maturity.
		Original.	Existing.
	£	Per Cent.	Per Cent.
Tolaga No. 1 .. ..	500	4½	4¼
Tolaga No. 1 .. ..	1,500	4½	4¼
Kaiaua .. ..	500	4½	4¼
Tolaga No. 3 (portion) ..	2,000	4½	4¼
Tolaga No. 3 (portion) ..	1,000	4½	4¼
Tolaga No. 3 (portion) ..	1,000	4½	4¼
Workers’ Dwelling Loan and 10 per cent. additional	3,000	4½	4¼
Workers’ Dwelling Loan and 10 per cent. additional	2,000	4½	4¼
Workers’ Dwelling Loan and 10 per cent. additional	2,000	4½	4¼
Workers’ Dwelling Loan and 10 per cent. additional	700	4½	4¼
1920 Special Loan (portion) ..	5,000	4½	4¼
1920 Special Loan (portion) ..	2,000	4½	4¼
1920 Special Loan (portion) ..	3,000	4½	4¼
1920 Special Loan (portion) ..	3,000	4½	4¼
1920 Special Loan (portion) ..	2,000	4½	4¼
1920 Special Loan (portion) ..	2,000	4½	4¼
1920 Special Loan (portion) ..	3,420	4½	4¼
Taharangi Bridge .. ..	1,000	4½	4¼
Oldfields and Wigan Bridges ..	1,485	4½	4¼
Total .. ..	£37,105

SECOND SCHEDULE.
FORMS.

(1) Notice.
[Name of local authority.]

CONVERSION under the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and the Loans Conversion Order, 19 , of debentures or other securities issued in respect of the following loans [Particulars of loans].

Notice is hereby given to the holders of debentures or other securities issued by the [Name of local authority] in respect of the above-mentioned loans that it is intended to convert all such debentures or other securities (except those in respect of which dissent is duly signified) into new debentures having new maturity dates and bearing interest at 4¼ per cent. per annum.

The conversion will take effect from [Date of conversion].

Application for conversion must be made in writing and be accompanied by the securities to which it relates.

Dissent from the conversion of any existing securities may be signified by the holder only by notice in writing delivered to [Name or designation and address of at least one person authorized to receive dissents] on or before the day of , 19 .

If notice of dissent from the conversion of any debentures or other securities is not received by that date the securities will be converted.

The rate of interest on any debentures or other securities in respect of which dissent is signified as aforesaid will, by virtue of section 18 of the above-mentioned Act, be reduced to two-thirds of the original rate as from [Date of conversion].

Further particulars as to new debentures and the conversion generally may be obtained from [Name or designation and address of at least one person authorized to give particulars].

Dated the day of , 19 .

, Chairman.

(2) New Debenture.

No. .
[Name of local authority], New Zealand.

New debenture, issued pursuant to Part II of the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and the Loans Conversion Order, 19 .

New debenture for £ , payable at , in , New Zealand, on the day of , 19 , issued by the [Name of local authority], New Zealand, under the above-mentioned Act and Order pursuant to a resolution passed and confirmed by the said Council [or Board, or as the case may be] as provided by section 9 (2) of the said Act.

(N.B.—The holder of this debenture has no claim in respect thereof upon the Government or public revenues of New Zealand.)

On presentation of this debenture at , in New Zealand, on or after the day of , 19 , the bearer thereof will be entitled to receive £ .

Issued under the common seal of the , the day of , 19 .

[L.S.] A.B., Chairman.
C.D., Treasurer [or other officer appointed for the purpose].

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VUW Te Waharoa — NZ Gazette 1933, No 83

NZLII — NZ Gazette 1933, No 83

The Old Government Buildings (depicted) were completed in 1876 and initially housed the entire Wellington-based civil service as well as the entire New Zealand Cabinet. The Executive Council met there until 1948.

✨ LLM interpretation of page content

💰 Uawa County Loans Conversion Order, 1933 (No. 1) (continued from previous page)

Domain💰 Finance & Revenue
Dated6 December 1933
KeywordsLoan Conversion, Local Authority, Order in Council, Uawa County

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