Page 2 Advertisements Column 1

Bay of Plenty Beacon, Volume 3, Issue 254, 6 January 1941, Page 2

DOMINION OF m NEW ZEALAND NEW ZEALAND GOVERNMENT NATIONAL DEVELOPMENT LOANS Authorised to be raised in accordance with the provisions of the New Zealand Loans Act. IP*2. whereby the interest and principal are a direct charge upon the public revenues of the Dominion. y • ■' * Issue of Stock in either of the following forms: per cent. Stock 3 per cent. Stock repayable 15th January, 1956/1959 repayable 15th July, 1945 First interest payment, 15th July, 1941 First interest payment, 15th July, 1941 -* PRICE OF ISSUE: PRICE OF ISSUE: £97 SS. per cent. £IQO per cent. Payable on Application " Payable on Application — . « Interest payable 15th January and 15th July THE RESERVE BANK OF NEW ZEALAND gives notice that, on be- The ultimate repayment of the Public Debt of the th ? n m ®^ half of the Minister of Finance it is authorised to receive applica- provided under the Repayment of the JPublic Debt Act 1925, « P c fnr th . „ toc i, : n tcrms of t his Prospectus. suance of wh>ch New Zealand s debt-reduction resources shall be applied .in the purchase and redemption of New Zealand Government securities at PURPOSE OF LOANS. The proceeds of these Loans are to be utilised or before maturity. For this purpose there is issued annually out of the - for peneral developmental purposes comprising railway construction and Consolidated Fund a sum equdl to . per cent, of the Debt affected,. it improvement, hydro-electric development, land development and afforesta- this is added a sum equal to 3, per cent per annum of the De bt Paid off tion housing, roads and highways, and public buildings, including telegraph under this scheme. The Repayment of the Public Deb, Act applies to the j/i f ma or portion of the Dominion's Debt, certain loans for which adequate, c.n eepioneex . sinking-fund provisions are specifically provided, and also the portion of SECURITIES. New Zealand Government Stock will be issued in either New Zealand's War Debt funded with the Imperial Government, having of the following forms as applicants may direct:— been excluded from the Debt Repayment Sc leme. (1) Registered Stock transferable by Memorandum of Transfer. TRANSFERS. The Register of Stock will be kept at the Reserve Bank of (2) Stock Certificate (s) to bearer with coupons annexed. New Zealand, Wellington, where transfers will be registered without pay- . . .... „ , „ . ment of any fee. Stock will be transferable in amounts of £5 or multiples Registered Stock will be convertible into Stock Certificates to bearer, thereof and Stock Certificates will be convertible into Registered' Stock, without pay- Certificates (until the name of some person is inserted therein as the ment of any fee. holder) are transferable by delivery. A TRUSTEE INVESTMENT. Trustees may invest in these Loans under CERTIFICATES OF TITLE. If Certificates of Title evidencing ownership the powers of the Trustee Act, 1908, unless expressly forbidden by the in- q{ stock are requ i re d applications should be made on the prescribed form. strument (if any) creating the Trust. jvj 0 f ec ; s p aya ble for the issue of a Certificate of Title. INTEREST. Interest will be paid half-yearly on the 15th January and 15th STAMP DUTY. Transfers of this stock will be exempt from Stamp Duty. { Tuly. The first interest pavment will be calculated from the date on which r ,e a , the application, accompanied by payment in full, is lodged with any Re- MINORS. Any person of the age of ten years or upwards may be registered ceiving Agency nominated in this Prospectus, and will be made on the half- as the holder of stock and may execute transfers thereof. yearly interest date next following that date. Interest on Registered Stock PYfHANGE ON REMITTANCES. Cheques in payment of amounts "ill be paid tree of inland exchange by means of interest warrants, which bc j free „ ch „, tge . will be transmitted by post at the risk of the stockholder. The Reserve suoscriDeu Bank of New Zealand will accept directions from stockholders for pay- APPLICATIONS. Applications, which must be .accompanied by a remittent of interest to any agent in the Dominion; existing instructions for the tanee for the full issue price of the stock applied for, will be received at the payment of interest in the Dominion will obtain in respect of these Loans. Reserve Bank of New Zealand, Wellington; at the District Treasury Offices Interest on Stock Certificates to bearer will be paid free of inland ex- at Auckland, Christchurch, or Dunedin; at any branch of any Bank in the change by means of coupons annexed to the Certificates. Interest coupons Dominion, or at any Postal Money-order Office in New Zealand. may be presented at the Reserve Bank of New Zealand, Wellington; at any Amplications must be for sums of £10 or for a multiple thereof. branch ofl the Bank of New Zealand m the Dominion; or at any ostai Commission at the rate of ss. per stock will be allowed to bankers Money-order Office in New Zealand. registered sharebrokefs on applications bearing their stamp. REDEMPTION OF LOANS. If not previously redeemed, the 3* per cent. r onies Q f this Prospectus and forms of application may be obtained Loan 1956/1959 will be paid off at par at the Reserve Bank of New Zea- Reserve Bank of New Zealand, Wellington; at the District land on the 15th January, 1959, but the Minister of Finance reserves the t * * Offices at Auckland, Christchurch, or Dunedin; at any branch right to repay at par at any time on or after the 15th January, 1956, on Bank in the Dominion; at any Postal Money-order Office in New giving three months' notice in the New Zealand Gazette of his intention Zea i and; or f rom " members of any Stock Exchange in the Dominion. to repay. , . If not previously redeen Y d, the 3 per cent. Loan 1945 will be paid off at An advertisement authorised by the Reserve Bank of New Zeala,, , emg on, par at the Reserve New Zealand on the 15th July, 1945. '*> 19 * u The list of applications will be opened forthwith 'and may be chsed as ) regards either stock at any time determined by the Minister of Finance.

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