TRANSFER OF FUNDS
STOCK EXCHANGE RULE MEMBERS UNABLE TO ACT (By Telegraph.—Press Association) WELLINGTON, Friday Owing to the prevailing conditions and difficulties and irregularities in exchange, the Stock Exchange Association of New Zealand has introduced regulations to the effect that members are not to take part in any transactions resulting in the transfer of New Zealand funds overseas. Shareholders in future must arrange for the clearance of their own dividend warrants, and if those unable to do so require the services of a member, warrants will be negotiated at the current rate of exchange. The above regulations, however, will not preclude members from carrying out for their clients ordinary normal transactions in relation to overseas investments.
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https://paperspast.natlib.govt.nz/newspapers/WT19390930.2.23
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Waikato Times, Volume 125, Issue 20923, 30 September 1939, Page 5
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116TRANSFER OF FUNDS Waikato Times, Volume 125, Issue 20923, 30 September 1939, Page 5
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