FINANCING FARMERS.
PROVISION FOR LOANS. DAIRY COMPANIES' POWERS. WELLINGTON*, Thursday. With the object of enabling dairy company suppliers to borrow money from their dairy companies in ordei tm jincrease primary production, the Dairy Companies Loans Emergency Regulations vrere gazetted to-night. The regu ■lations will enable dairy companies, memoranda or articles of associzjtion do not provide borrowing powers, ■to borrow from the State Advances Cor. ;juration to lend money to their suppliers lor the purpose stated. j The finance emergency regulation which permits a company desirous of raising additional finance to do #-0 wjlh the consent of the Minister of Finance will not apply in preventing a company Iborrowini from the State Advance* Corporation to relend to its suppliers.— , (Press .
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Auckland Star, Volume LXXI, Issue 218, 13 September 1940, Page 5
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119FINANCING FARMERS. Auckland Star, Volume LXXI, Issue 218, 13 September 1940, Page 5
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