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New Zealand Loans Amendment Act 1910

Public Act		1910 No 44
Date of assent		21 November 1910

	Title
1	Short Title.
2	Provision as to form of debentures, &c.

An Act to amend the New Zealand Loans Act, 1908.

BE IT ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:—

1 Short Title.

This Act may be cited as the New Zealand Loans Amendment Act, 1910, and shall form part of and be read together with the New Zealand Loans Act, 1908 (hereinafter referred to as the principal Act).

2 Provision as to form of debentures, &c.

(1.)

Every debenture, scrip certificate, stock certificate, or other security issued under the principal Act in respect of any loan to which the Public Debt Extinction Act, 1910, applies shall have printed thereon a statement in the following form:—

“Pursuant to the Public Debt Extinction Act, 1910, a sinking fund is established which will provide for the repayment within seventy-five years from the date of their origin of all loans forming part of the public debt of New Zealand within the meaning of that Act and raised after the coming into operation of that Act.”

(2.)

This section applies to all debentures, scrip certificates, stock certificates, and other securities issued in respect of loans raised under the principal Act after the coming into operation of the Public Debt Extinction Act, 1910, and to conversions of all loans to which that Act applies.

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New Zealand Loans Amendment Act 1910