COMPULSORY WAR LOAN
By Telegraph—Press Association
particulars this week minister's statement
• Christhurch, Sept. 21. "Particulars of the compulsory war loan, warning of which was given last June, will be announced next week," said the Hon. W. Nash, Minister of Finance, to-day. • The loan is authorised under the Finance Emergency Regulations No. 2, which give the Minister power to call a compulsory loan, with the right of appeal, to be. used. to. obtain contributions to a war purposes loan. Although the Minister did not indicate this morning the nature of the loan it is believed it will follow on the lines of a similar levy introduced during the last war, in which contributions were based on income tax payments.
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Taranaki Daily News, 23 September 1940, Page 8
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118COMPULSORY WAR LOAN Taranaki Daily News, 23 September 1940, Page 8
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