COMPULSORY LOAN
PROBABLE PROCEDURE
Per Press Association,
CHRISTCHURCH, Sept. 21
Particulars of the compulsory war loan, warning of which was given last June, will be announced next week, said Hon. W. Nash to-dav. The loan is authorised under the Finance Emergency Regulations No. 2, which give the Minister power to call a compulsory loan, with right of appeal, to be used to obtain contributions for war purposes.
Although the Minister did not indicate this morning the nature of the loan, it is believed it'will follow on the lines of the similar levy introduced during the last year in Which contributions were based on income tax payments.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19400921.2.65
Bibliographic details
Manawatu Standard, Volume LX, Issue 252, 21 September 1940, Page 8
Word Count
106COMPULSORY LOAN Manawatu Standard, Volume LX, Issue 252, 21 September 1940, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in