GI~().RG·II V RE.GIS.

ANNO DECI}'IO QUINTO

GI~().RG·II V RE.GIS.

A.D. 1924.

No. 1658.

An Act to provide for the Redemption of Public Securi- ties, and for other purposes.

[A ssented to, December 24th, I924. ]

W HEREAS it is expedient to provide for the redemption of certain public securities which become due on or before the thirty-first day of December, nineteen hundred and twenty-five, by

the issue of other public securities :

Be it therefore enacted by the Governor of the State of South Australia, with the advice and consent of the Parliament thereof, as follows:

Preamble.

1. This Act may be cited as the" Redemption of Public Securi-

Short title.

ties Act, 1924," '

2 This Act is incorporated with the Inscribed Stock Act of

Incorporation with

1882 and the Inscription of Stock Amendment Act, 1895, and t::;!d :~:!:

those Acts and this Act shall be read as one Act.

^1895.

3. The Treasurer may, from time to time, issue for such amounts

Authority to issue

h d ed· ^{t d 11 h .} 'bed t k

stock, hUla, or other

as e eems exp len, an se or exc ange, Inscrl s oc ,

securities to redeem

Treasury bills, or-other securities, for the J?urpose of raising money

certain securities.

to redeem inscribed stock, Treasury bills, and. advances from the Commonwealth of Australia respectively issued under the provisions of the Acts mentioned in the Schedule to this Act, and respectively falling due on or between the dates set out in such Schedule opposite to the titles of the Acts under the authority of which they were respectively issued, and to the respective aggregate

amounts so set out. '

1653

4. The

'.','

IS\) GEORGII V, No. 1653.

Redemption 0/ Public Securities .Act.-1924.

, RaJ!

of interest and

4. The inscribed stock, Treasury bills, or other securities issued

:ect:a,:,mable. under this Act shall bear interest at such rate as the Treasurer thinks fit on the re"pective amounts thereof; and the principal and interest of any such stock, bill, or other ser;urity shall be payable to the holder thereof at such place and at such times as are specified or provided in such stock, bill, or other security: Provided that the time for the repayment of the principal of any such stock, bill, or other security shall not be later than thirty years from the date of issue thereOf.

In the name and on behalf of His Majesty, I hereby assent to this Bill.

TOM BRIDGES, Governor.

THE

15° GEORGII V, No. 1653. ³

Redemption 0/ P.ublic Securities Act.-1924.

THE SCHEDULE. ^Seoti08

^3.

---··---::~:~c:~---- ---N~~:~::

¹

How bsued. -l. AL~~~~Ofll'

---1---1-£ -

ThoRed~DlptionofPuhli(' Seeu',i- 896 of 1905

i) ri

1,400 j January 16th, 1925 When Due.

ties Act, 1905 ^ii, 1 I

The Public Purposes Loan Act, 903 of 1905 29J January 15th, 1926

1905 ^\1 i

The Municipal Tramways Trust 913 of 1906

I

^{I 9,000} Between April 15th and July 16th, 192·S

Act, 19<16 ,

J :.'

The Publio IJurposes Loan Act,

I

972 of 1908 31)0

I

Apri116tb, 1926

191)8 '

Thf'Northel'11'l'enitory Loan Ad, '. 999 of 1910

>

^{Inscribed 9,800 ,I} October 16th, 1925 Tbe Publie 1910 PIllPOSI'S Loan Act, ! . 1028 of 1910 ,

I

^Slock

I

400

!

April 15th, 192"

1910

r

9·;7 of 1908

I

1

The Metropolitan Abattoirs Acts, ~ ^I ; 1059 of 11111 1009 of 1910

I- I >

^I

1908 to 1914

Ii

1092 of 1912 I ⁵⁰⁰

I

Between Mal 16th, 1926, and November

l 16th, 192"

l!

l171 of 1914

II l

J The Public Purposes Loan Act,

1912

The Redemptbn of Public Securi- ties Ant. 1913

i

1101 of 1912

1

1 U3 of 1913 Publia Purposes Loan Act, 1915 . [ 1227 of 1915

J

!

Redpmption of Public Securities . 1263 of 191611

Act, 1916

!

Redemption of Public Securities 1289 of 1917 Act, 1917

Redemption of l'ublio Seourities 13U of 1918

>

Act, 1918 .

I

Rede "ption of Public Securities

i

1383 of 1919 .

Ac·" 1919 _ I

I

}'ublic Purposes Loan Act, 1920. ; 1438 of 19W

J

1438 of

19~0 !

Redemption of Public Securities

i

1487 of 1921 I' )

Act, 11121 .

>

Public Purposes Loan Act, 1922. ; 15391)£ 1922 ,J

Inscribed Sto"k and Treasury

!Sills

Inscribed Stock

Securities not yet issued Inscribed

Stock

I

_I ^{454,209 4,820}

l

2,884,000

r i 1,330,;~

<

^1,303,571

I: l

2,600 919,881 64,016

~! 3,301,895

li

106,OuO

I

I

Between February 16th, 1926, and I August 15th. 1925

I

BetWt'en January lst, 1926, and De('ember lst, 1926

Betwcpn January ls~, 1922. and Decem-

! ber 3,st, 1925 . February 15th, 1926

Between January 1st, 1925, and Decem- ber 1st, 1926

B .. tween April 15th, 1920, and Decem- ber 16th, 19 '6

Btltwe~n March 16th, 1925, and July 1.5th, 1920

Betwt'en April 1-6th, 1926, and Decem- ber 15th, 1926

Repayments to Commonwealth during financial vear, 19:13/24, acoount Wllr S .. rvioe Homes, &0.

Betwt'en January 1st, 1926, and Novem- ber lot. 19~;;

November loth, 1925 Total ...•.•...••••..••.•••.•••••••..••...••.

I

£10,393,069 I

Deduct amounts due by the Comn:onwealth as under : - N6t'tkern Tct'ntorll Lca"8-

Act 999 of 1910, due October 16th, 1926 ...•••••.• ' ..• £9,800 POf·t .Augusta to Oodnadatta Railway LoantJ-

Act ~96 of 19Q5 (proportion of £1,400), due January 15th, 19t5 .• ••...•... _ .•••••. _ .•.•••. _ 216 Net amount redeemable by South Ausb'alian Government

~-.---..

- - - - -

I

I

, 10,016

l

£10,383,053[

Adelaide: By authority, R. E. E. ROGF.RS, Goyemment Printer, North Terractl.

":;;