BANK BILL.
BEISBANE, Nov 26. The Bank Bill is a short measure of six clauses, drawn on the lines of the Commissioners' scheme. It provides that the final repayment of the money owing to the Government under the original agreement may be deferred not later than 1931, that the rate of interest shall be not less than 2i per cent, an<J -fcliat in the event of a new company being formed to acquire the bank's business, the Colonial Treasurer may accept the liability of such company in satisfaction of the claims and demands against the Queensland National Bank.
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Bibliographic details
Star (Christchurch), Issue 5732, 27 November 1896, Page 3
Word Count
98BANK BILL. Star (Christchurch), Issue 5732, 27 November 1896, Page 3
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