DAIRYING LOANS
POWER GIVEN TO COMPANIES (By TelPgrnpTi.—pip?? Association) WELLINGTON, Thursday With the object of enabling dairy company suppliers to borrow money from their dairy companies in order to increase primary production, the Dairy Companies Loans Emergency Regulations were gazetted to-night. The regulations will enable dairy companies, whose memoranda or articles of association do not provide borrowing powers, to borrow from the State Advances Corporation to lend money to their suppliers for the purpose stated. The finance emergency regulation which permits a company desirous of raising additional finance to do so with the consent of the Minister of Finance will not apply in preventing a company borrowing from the State Advances Corporation to re-lend to its suppliers.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WT19400913.2.94
Bibliographic details
Ngā taipitopito pukapuka
Waikato Times, Volume 127, Issue 21217, 13 September 1940, Page 7
Word count
Tapeke kupu
117DAIRYING LOANS Waikato Times, Volume 127, Issue 21217, 13 September 1940, Page 7
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Waikato Times. 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