DEATH DUTY STOCK
_— PROGRESS OF REDEMPTIONS
Death duty stock issued under the authority of the War Loans and Discharged Soldiers Settlement Acts amounted to £1,843,200 on April 1, 1925, and was increased to £2,019,356 at March 31 last by the issue of further similar stock under tho authority of the Finance Act, 1920, section 15 (Electric Power IVorks), and the State Advances Act, 1913. So ran a passage in the Bhdget presented to Parliament last night. Up to March .31, 1926. death duty stock amounting to £635,890 had been presented in payment of duty. Further reductions in this form of security to the amount of £237,640 had also been, effected by conversion into ordinary inscribed stock at the request of the bolder and in cases where the whole ort.tlie death duty- stock had not been required in satisfaction of the duty payable.
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https://paperspast.natlib.govt.nz/newspapers/DOM19260709.2.23
Bibliographic details
Dominion, Volume 19, Issue 253, 9 July 1926, Page 4
Word Count
142DEATH DUTY STOCK Dominion, Volume 19, Issue 253, 9 July 1926, Page 4
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