GOVERNMENT STOCK
New Government Issue
5 PER CENT. DEBENTURES
New Zealand Government 5 per cent debentures and inscribed stock having currency to September 1, 1937, will be withdrawn from sale on November 6, and a new 5 per cent, issue having currency to June 15, 1940, will be open for subscription on and after November 7. This announcement was made by the Prime Minister, Rt. Hon. G. W. Forbes, on Saturday. “The provisions of part iv of the National Expenditure Adjustment Act, 1932, in relation to the stamp duty charge on interest, do not. apply in respect to securities issued on or after May 10, 1932, consequently, interest on the new securities will not be subject to the stamp duty charge under that Act," Mr. Forbes said.
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https://paperspast.natlib.govt.nz/newspapers/DOM19321031.2.47
Bibliographic details
Dominion, Volume 26, Issue 31, 31 October 1932, Page 8
Word Count
127GOVERNMENT STOCK Dominion, Volume 26, Issue 31, 31 October 1932, Page 8
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