✨ Loan Conversion Order
3136
THE NEW ZEALAND GAZETTE.
[No. 73
(2) New Debenture.
[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].
(3) 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 half-yearly instalments of principal and interest in respect of 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 instalments of principal and interest in respect of 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.
(T. 49/562/2.) F. D. THOMSON,
Clerk of the Executive Council.
By Authority: G. H. Loney, Government Printer, Wellington.
Price 2s.]
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1934, No 73
NZLII —
NZ Gazette 1934, No 73
✨ LLM interpretation of page content
💰
Whakatane Borough Loans Conversion Order, 1934 (No. 2)
(continued from previous page)
💰 Finance & Revenue24 September 1934
Loan Conversion, Local Authority, Order in Council, Whakatane Borough Council
- F. D. Thomson, Clerk of the Executive Council