New Zealand Gazette – 1935 – No. 36

Page 1335

✨ Local Authority Loans Conversion



MAY 16.] THE NEW ZEALAND GAZETTE. 1335

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
day of , 19 .

[t.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].

(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, whether in conversion of existing securities issued in
respect of the loans set out in the First Schedule to that Order or to provide for cash
premium payments, and also the interest, sinking fund, and other charges (or, as the case
may be, instalment 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.

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 £50,100. 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 £50,100.
31st January, 1936 £1,900 31st January, 1951 £800
31st July, 1936 400 31st July, 1951 800
31st January, 1937 400 31st January, 1952 800
31st July, 1937 500 31st July, 1952 900
31st January, 1938 400 31st January, 1953 800
31st July, 1938 500 31st July, 1953 900
31st January, 1939 500 31st January, 1954 900
31st July, 1939 500 31st July, 1954 900
31st January, 1940 500 31st January, 1955 900
31st July, 1940 500 31st July, 1955 1,000
31st January, 1941 500 31st January, 1956 1,000
31st July, 1941 500 31st July, 1956 1,000
31st January, 1942 600 31st January, 1957 1,000
31st July, 1942 500 31st July, 1957 1,000
31st January, 1943 600 31st January, 1958 1,000
31st July, 1943 600 31st July, 1958 1,100
31st January, 1944 500 31st January, 1959 1,100
31st July, 1944 600 31st July, 1959 1,100
31st January, 1945 700 31st January, 1960 1,200
31st July, 1945 600 31st July, 1960 1,100
31st January, 1946 700 31st January, 1961 1,100
31st July, 1946 600 31st July, 1961 1,200
31st January, 1947 700 31st January, 1962 1,200
31st July, 1947 700 31st July, 1962 1,200
31st January, 1948 700 31st January, 1963 1,200
31st July, 1948 700 31st July, 1963 1,200
31st January, 1949 700 31st January, 1964 1,200
31st July, 1949 800 31st July, 1964 1,300
31st January, 1950 700 31st January, 1965 1,300
31st July, 1950 800 31st July, 1965 1,000
Total .. .. £50,100


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✨ LLM interpretation of page content

💰 Waipawa County Loans Conversion Order, 1935 (continued from previous page)

💰 Finance & Revenue
13 May 1935
Loans Conversion, Local Authority, Waipawa County, Order in Council, Debentures, Securities
  • A.B., Chairman
  • C.D., Treasurer