DAIRY INDUSTRY ACT.
INVESTMENT OF MONEYS. [bt tbleqbaph.] Wellington, Thursday. Regulations are gazotted providing that all moneys set aside by any company to form a reserve fund within the terms of the Dairy Industry Act, 1898, shall be paid over annually to the PuUic Trustee, and shall be by him invested in snoh securities as he is authorised to invest the money of the Public Trust Office account. Such moneys shall be kept in an aocount to ba called the " Dairy Industry Reserve Fund Account." Upen receiving from the Colonial Treasurer a certificate that any company has duly paid all money payable under its mortgage, the Public Trustee shall pay over to the company moneys standing to its credit in the Dairy Industry Reserve Fund Account.
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Bibliographic details
Hawke's Bay Herald, Volume XXXV, Issue 11593, 20 July 1900, Page 3
Word Count
126DAIRY INDUSTRY ACT. Hawke's Bay Herald, Volume XXXV, Issue 11593, 20 July 1900, Page 3
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