FEB. 7.] THE NEW ZEALAND GAZETTE. 195

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 pay-
ment 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 Con-
version 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 and by section thirty-one of
the Local Legislation Act, 1934, in respect of the loans set out in the First
Schedule to that Order, 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, unim-
proved, 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.