New Zealand Gazette – 1934 – No. 83

Page 3579

✨ Loans Conversion Order Details

Nov. 15.] THE NEW ZEALAND GAZETTE. 3579

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 debentures or other securities may be signified by the holder 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 the 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 £ . 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 the day of , 19 .

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

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 £59,800.	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 £59,800.
30th June, 1935 ..	£ 2,100	31st December, 1940	£ 2,700
31st December, 1935	2,200	30th June, 1941 ..	2,800
30th June, 1936 ..	2,300	31st December, 1941	2,800
31st December, 1936	2,300	30th June, 1942 ..	2,900
30th June, 1937 ..	2,300	31st December, 1942	3,000
31st December, 1937	2,400	30th June, 1943 ..	3,000
30th June, 1938 ..	2,500	31st December, 1943	3,100
31st December, 1938	2,500	30th June, 1944 ..	3,200
30th June, 1939 ..	2,500	31st December, 1944	3,200
31st December, 1939	2,600	30th June, 1945 ..	3,300
30th June, 1940 ..	2,700	31st December, 1945	3,400
Total ..	..	..	£59,800

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VUW Te Waharoa — NZ Gazette 1934, No 83

NZLII — NZ Gazette 1934, 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

💰 Christchurch Drainage Board Loans Conversion Order, 1934 (continued from previous page)

Domain💰 Finance & Revenue
KeywordsLoans Conversion, Christchurch Drainage Board, Order in Council, Local Authorities Interest Reduction and Loans Conversion Act, 1932–33

💰 New Debenture Issuance Details

Domain💰 Finance & Revenue
KeywordsDebenture, Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, Loans Conversion Order
👩‍💼 Officials

A.B., Chairman
C.D., Treasurer

💰 Coupon Details for New Debenture

Domain💰 Finance & Revenue
KeywordsCoupon, Debenture, Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, Loans Conversion Order
👩‍💼 Officials

A.B., Chairman
C.D., Treasurer

💰 Maturity Dates of New Securities

Domain💰 Finance & Revenue
KeywordsMaturity Dates, Securities, Loans Conversion Order

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