New Zealand Gazette – 1934 – No. 10

Page 388

✨ Loans Conversion Order Details

THE NEW ZEALAND GAZETTE.

[No. 10

On presentation of this debenture at , in New Zealand, on or after the day of , 19 , the bearer thereof will be entitled to receive £ . Interest on this debenture will cease after the day when the payment falls due unless default is made in payment.

This debenture bears interest at the rate of per centum per annum, payable on the day of and the day of in each year, on presentation of the attached coupons.

Issued under the common seal of the , 19 .

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

(3) Coupon.

No. .

New debenture No. of the [Name of local authority], New Zealand, issued under Part II of the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and the Loans Conversion Order, 19 .

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

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

      A.B., Mayor.
      C.D., Treasurer [or other officer appointed to sign debentures].

(4) Resolution making Special Rate.

In pursuance and exercise of the powers vested in it in that behalf by Part II of the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and the Loans Conversion Order, 19 , the [Name of local authority] hereby resolves as follows:—

That, for the purpose of providing the interest, sinking fund, and other charges on the new securities authorized to be issued by the [Name of local authority] under the above-mentioned Act and Order in conversion of existing securities issued in respect of the loans set out in the First Schedule to that Order, and also the interest, sinking fund, and other charges on the unconverted securities issued in respect of such loans, the said [Name of local authority] hereby makes and levies a special rate of [State amount in the pound] upon the rateable value on the basis of [State whether capital, unimproved, or annual] value of all rateable property of the district, and that such special rate shall be an annually recurring rate during the currency of such securities, and be payable half-yearly on the day of and the day of [or yearly on the day of ] in each and every year until the last maturity date of such securities, being the day of , 19 or until all such securities are fully paid off.

THIRD SCHEDULE.

MATURITY DATES OF NEW SECURITIES.

Date.	Aggregate Amount of Principal, to be increased or reduced proportionately in accordance with Clause 16 (2) of this Order if the Total Amount is greater or less than £41,400.	Date.	Aggregate Amount of Principal, to be increased or reduced proportionately in accordance with Clause 16 (2) of this Order if the Total Amount is greater or less than £41,400.
1st April, 1935 ..	£ 300	1st April, 1948 ..	£ 500
1st October, 1935 ..	8,400	1st October, 1948 ..	600
1st April, 1936 ..	300	1st April, 1949 ..	600
1st October, 1936 ..	400	1st October, 1949 ..	600
1st April, 1937 ..	300	1st April, 1950 ..	600
1st October, 1937 ..	400	1st October, 1950 ..	600
1st April, 1938 ..	400	1st April, 1951 ..	700
1st October, 1938 ..	400	1st October, 1951 ..	600
1st April, 1939 ..	400	1st April, 1952 ..	700
1st October, 1939 ..	400	1st October, 1952 ..	700
1st April, 1940 ..	400	1st April, 1953 ..	700
1st October, 1940 ..	400	1st October, 1953 ..	700
1st April, 1941 ..	400	1st April, 1954 ..	700
1st October, 1941 ..	400	1st October, 1954 ..	700
1st April, 1942 ..	400	1st April, 1955 ..	800
1st October, 1942 ..	1,000	1st October, 1955 ..	800
1st April, 1943 ..	500	1st April, 1956 ..	800
1st October, 1943 ..	700	1st October, 1956 ..	800
1st April, 1944 ..	500	1st April, 1957 ..	800
1st October, 1944 ..	500	1st October, 1957 ..	900
1st April, 1945 ..	500	1st April, 1958 ..	900
1st October, 1945 ..	500	1st October, 1958 ..	900
1st April, 1946 ..	500	1st April, 1959 ..	1,000
1st October, 1946 ..	500	1st October, 1959 ..	1,000
1st April, 1947 ..	600	1st April, 1960 ..	1,000
1st October, 1947 ..	600	1st October, 1960 ..	1,200
		1st April, 1961 ..	1,400
Total ..	..	..	£41,400

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VUW Te Waharoa — NZ Gazette 1934, No 10

NZLII — NZ Gazette 1934, No 10

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✨ LLM interpretation of page content

💰 Port Chalmers Borough Loans Conversion Order, 1934 (continued from previous page)

Domain💰 Finance & Revenue
Dated12 February 1934
KeywordsLoans Conversion, Local Authority, Port Chalmers Borough, Order in Council, Debentures, Securities, Interest Reduction, Premiums, Sinking Fund

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