Debentures Act 1844
Debentures Act 1844
Checking for alerts... Loading...
Debentures Act 1844
Public Act |
1844 No 4 |
|
Date of assent |
18 May 1844 |
|
Contents
No. IV.
An Ordinance to authorize the Governor of New Zealand to issue Debentures and to make the same a Legal Tender.
Preamble.
WHEREAS for the purpose of defraying the authorized expenses of the Government of this Colony it has been found necessary to issue certain Debentures for sums of various amounts under the hand of His Excellency the Governor, payable at the Colonial Treasury at Auckland, and in the forms in the Schedule hereunto annexed: And whereas it may be found necessary to make a further issue of Debentures for the purposes aforesaid: And whereas the undue depreciation of such Debentures cannot be prevented otherwise than by making the same a legal tender:
Be it therefore enacted by the Governor of New Zealand, with the advice and consent of the Legislative Council thereof, as follows:—
1 The Governor authorized to make a further issue of Debentures.
His Excellency the Governor is hereby authorized to make a further issue or issues of Debentures as aforesaid: Provided that the amount of Debentures which shall be outstanding at any one time shall not exceed the sum of fifteen thousand pounds.
2 A tender of Debentures to be a legal tender.
From and after the passing hereof, and until the day upon which any such Debentures shall according to the tenor thereof become payable at the Colonial Treasury, a tender of any Debenture in one of the forms hereto annexed, which hath been issued or which shall hereafter be issued by authority of His Excellency the Governor, shall be a legal tender within this Colony to the amount expressed in such Debenture as the value thereof at the time of making the tender, on all occasions on which any tender of money may be legally made.
Schedule
NEW ZEALAND
No. [Amount in figures.] [Amount in words at length.]
On presentation at the Colonial Treasury, at Auckland, in New Zealand, on or after the tenth day of April, one thousand eight hundred and forty-six, or on or after such earlier day as shall be fixed by the Governor, after two months’ notice thereof in the Government Gazette, the bearer will be entitled to receive [Amount in words] and interest thereon at the rate of five per cent per annum, from the date of issue until the tenth day of April, one thousand eight hundred and forty-six, or such earlier day as may be fixed for payment.
This will be received as [Amount in words] within one year from the day of issue, and as [Amount in words] after that time, in payment of duties of Customs or any debt or demand payable to the Colonial Government of New Zealand.
Dated at Government House, Auckland, this day of , one thousand eight hundred and forty
Governor.
By command of His Excellency.
Colonial Secretary.
No. Entered at the Treasury, and issued this day of , one thousand eight hundred and forty
Colonial Treasurer.
NEW ZEALAND
No. s. Shillings.
On presentation at the Colonial Treasury, at Auckland, in New Zealand, on or after the tenth day of April, one thousand eight hundred and forty-six, or on or after such earlier day as shall be fixed by the Governor, after two months’ notice thereof in the Government Gazette, the bearer will be entitled to receive shillings.
This will be received as shillings in payment of duties of Customs or any debt or demand payable to the Colonial Government of New Zealand.
Dated at Government House, Auckland, this day of , one thousand eight hundred and forty
Governor.
By command of His Excellency.
Colonial Secretary.
No. Entered at the Treasury, and issued this day of , one thousand eight hundred and forty
Colonial Treasurer.
NEW ZEALAND
No. [Amount in figures.] [Amount in words at length.]
This of Exchange, and of same tenor and date unpaid, on presentation at the Colonial Treasury, at Auckland, in New Zealand, on or after the tenth day of April, one thousand eight hundred and forty-six, or on or after such earlier day as shall be fixed by the Governor, after two months’ notice thereof in the Government Gazette, the bearer will be entitled to receive [Amount in words] and interest thereon at the rate of five per cent per annum, from the date of issue until the tenth day of April, one thousand eight hundred and forty-six, or such earlier day as may be fixed for payment.
This will be received as [Amount in words] within one year from the day of issue, and as [Amount in words] after that time, in payment of duties of Customs or any debt or demand payable to the Colonial Government of New Zealand.
Dated at Government House, Auckland, this day of , one thousand eight hundred and forty
Governor.
By command of His Excellency.
. Colonial Secretary.
No. Entered at the Treasury, and issued this day of , one thousand eight hundred and forty
Colonial Treasurer.
"Related Legislation
"Related Legislation
"Related Legislation
Versions
Debentures Act 1844
RSS feed link copied, you can now paste this link into your feed reader.