LOCAL BODY LOANS
RIGHT OF INVESTMENT GOVERNMENT STOCKS (Per Press Association.) WELLINGTON, this day. Authority for the investment of loan moneys in most Government securities is contained in the local authorities’ loan moneys investment order 1941 gazetted last night. This pyts into effect the intention of section 28 of the Finance Act 1941 to enable the investment of loan moneys where, owing to such factors as the shortage of electrical structural and other equipment, they cannot be utilised at present for original purposes.
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Bibliographic details
Gisborne Herald, Volume LXVIII, Issue 20625, 28 November 1941, Page 2
Word Count
83LOCAL BODY LOANS Gisborne Herald, Volume LXVIII, Issue 20625, 28 November 1941, Page 2
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