7Maturing stock may be charged to general loan account

7 Maturing stock may be charged to general loan account

7 Maturing stock may be charged to general loan account

Any debentures or stock, wherever payable, issued under the authority of a Loan Act, whenever passed, may be paid out of the general loan account pending the issue in New South Wales or in London of stock or debentures for conversion or renewal of such debentures or stock.

s 7: Am 1914 No 30, sec 3 (g).