FEB. 20.] THE NEW ZEALAND GAZETTE. 325

No. (2) New Debentures.

Thames Borough Council, New Zealand.

Now debenture, issued pursuant to Part I of the Thames Borough Commissioner Amendment Act, 1940, and the Thames Borough Loans Conversion Order, 1941. New debenture for £, payable at , in New Zealand on the day of , 19____, issued by the Thames Borough Council, New Zealand, under the above-mentioned Act and Order pursuant to a resolution passed and confirmed by the Borough Commissioner acting for the said Council as provided by section six of the Thames Borough Commissioner Act, 1932, and amended by section eighteen of the Thames Borough Commissioner Amendment Act, 1940.

(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 3 per centum per annum, payable on the first day of April and the first day of October in each year, on presentation of the attached coupons.

Issued under the common seal of the Thames Borough Council the day of , 19____.

A.B., Borough Commissioner.
C.D., Treasurer [or other officer appointed for the purpose].

[l.s.]

No. (3) Coupon.

New debenture No. ____ of the Thames Borough Council, New Zealand, issued under Part I of the Thames Borough Commissioner Amendment Act, 1940, and the Thames Borough Loans Conversion Order, 1941.

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., Borough Commissioner.
C.D., Treasurer [or other officer appointed to sign debentures].

(4) Resolution making Special Rate.

In pursuance and exercise of the powers vested in him in that behalf by Part I of the Thames Borough Commissioner Amendment Act, 1940, and the Thames Borough Loans Conversion Order, 1941, the Thames Borough Council hereby resolves as follows:—

That, for the purpose of providing the interest, sinking fund, and other charges on the new debentures authorized to be issued by the Thames Borough Council under the above-mentioned Act and Order in conversion of existing debentures issued in respect of the loans set out in the First Schedule to that Order, the Thames Borough Commissioner hereby makes and levies two special rates as follows:—

1. A special rate of [State amount in the pound] upon the rateable value on the basis of unimproved value of all rateable property of the district;

2. A special rate of [State amount in the pound] upon the rateable value on the basis of capital value of all rateable property of the district;

and that such special rates shall be annually recurring rates 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 DEBENTURES.

(T. 49/358/8.) C. A. JEFFERY, Clerk of the Executive Council.

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