✨ Loan Conversion Order
3402
THE NEW ZEALAND GAZETTE.
[No. 86
The conversion will take effect from [Date of conversion].
Applications for conversion must be made in writing and be accompanied by the securities to which it relates.
Discent 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 [The 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 .
, Mayor.
(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., Mayor.
C.D., Treasurer [or other officer appointed for the purpose].
F. D. THOMSON,
Clerk of the Executive Council.
(T. 49/345/2.)
Price 9d.]
By Authority: G. H. Loney, Government Printer, Wellington.
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VUW Te Waharoa —
NZ Gazette 1933, No 86
NZLII —
NZ Gazette 1933, No 86
✨ LLM interpretation of page content
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Otaki Borough Loans Conversion Order, 1933
(continued from previous page)
💰 Finance & RevenueLoan Conversion, Local Authority, Otaki Borough Council, Order in Council, Debentures
- F. D. Thomson, Clerk of the Executive Council