B.— 6

5. Repayment.—lf not previously redeemed, Stock of the 2|-per-cent. Loan 1950/53. will be repaid at par at the Reserve Bank of New Zealand on the 15th April, 1951, and Stock of the 3-per-cent. Loan 1956/59 will be repaid at par at the Reserve Bank of New Zealand on the 15th April, 1959, but the Minister of Finance reserves the right to repay at par the 2|-per-cent. Loan at any time on or after the 15th April, 1950, and the 3-per-cent. Loan at any time on or after the 15th April, 1956, on giving at least three months' notiee in the New Zealand Gazette of his intention to repay. 6. Trustee Investment. —Trustees are authorized by the Trustee Act, 1908, to invest in New Zealand Government Stock unless expressly forbidden by the instrument (if any) creating the trust. 7. Receiving Offices. —Applications, which must be for an amount of £10 or multiples thereof, and which must be accompanied by a remittance for the full issue price or the required deposit of £30 per cent,, may be lodged at the Reserve Bank of New Zealand, Wellington, at any branch of any bank in New Zealand, including Trustee savings-banks, at the District Treasury Offices at Auckland, Christchurch, or Dunedin, or at any postal money-order office in New Zealand. Copies of this Prospectus and forms of application may be obtained from any of the above offices, and, in addition, may also be obtained from members of any Stock Exchange in the Dominion. 8. Commission.—Commission at the rate of ss. per £100 of Stock issued will be allowed to bankers and registered sharebrokers. The Minister of Finance reserves the right to accept applications exceeding in the -aggregate £25,000,000. Loan closes 16th June, 1945. Reserve Bank of New Zealand, Wellington, 14th May, 1945.

Authority: E. V. Paul, Government Printer, Wellington. —1945.

XI