SINKING FUND CONTROL.
. I LOCAL BODIES' POWERS, (% Parliamentary Reporter.) WELLINGTON, Thursday. The Government intends to give local Oodles power to appoint their own sinkfund commissioner*. To tin this tho Present law will be amended. The Ron. J , ."* Allen (.Minister of Finance) mentioned this afternoon that the necesßarv clause was being ,]fr ( .d. The (ioverrime lt, however, could not, he thought, p so far as to interfere with the present investments made by the Public Trustee out m regard to the future those local "Mies which received monies from out- ™*« sourcne would be allowed to appoint ear own eommirtsioners to control the sinking funds.
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Auckland Star, Volume XLIII, Issue 214, 6 September 1912, Page 7
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103SINKING FUND CONTROL. Auckland Star, Volume XLIII, Issue 214, 6 September 1912, Page 7
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