Loan Conversion Forms




3976

THE NEW ZEALAND GAZETTE.

[No. 95

SECOND SCHEDULE.

FORMS.

(1) Notice.

[Name of local authority.]

CONVERSION under the Local Authorities Interest Reduction and Loans Conversion Act, 1932-33, section 20 of the Finance Act (No. 2), 1935, and the Egmont County Loans Conversion Order, 1935 (No. 2), of debentures or other securities issued in respect of the following loan [Particulars of loan].

Notice is hereby given to the holders of debentures or other securities issued in respect of the above-mentioned loan that with the consent of the holder thereof the [Name of local authority] intends to convert all such debentures or other securities into new debentures having new maturity dates and bearing interest at 3½ per cent. per annum.

The conversion will take effect from the 1st day of February, 1936.

Consent to conversion, if given, must be made in writing on or before the 1st day of February, 1936, and when given shall be irrevocable.

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, section 20 of the Finance Act (No. 2), 1935, and the Egmont County Loans Conversion Order, 1935 (No. 2). New debenture for £ , payable at , in New Zealand, on the day of , 19 , issued by the Egmont County Council, New Zealand, under the above-mentioned Acts and Order pursuant to a resolution passed and confirmed by the said Council as provided by section 9 (2) of the said Local Authorities Interest Reduction and Loans Conversion Act, 1932-33.

(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 day of , 19 .

A.B., Chairman.

C.D., Treasurer [or other officer appointed for the purpose].

C. A. JEFFERY,

Clerk of the Executive Council.

(T. 49/126/4.)

By Authority: G. H. LONEY, Government Printer, Wellington.

Price 1s.]


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✨ LLM interpretation of page content

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

💰 Finance & Revenue
12 December 1935
Loans, Conversion, Local Authority, Egmont County Council, Securities, Debentures, Interest, Maturity Dates, Sinking Fund, Order in Council
  • C. A. Jeffery, Clerk of the Executive Council