An Act to provide for the Redemption of Public Securities, and for other purposes. [Assented to, December 7th, 1921.] HEREAS it is expedient to provide for the redemption of Preamble. certain public securities which become due on or before the fifteenth day of December, nineteen hundred and twenty-two, 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: 1. This Act may be cited as the "Redemption of Public Securi- Short title. ties Act, 1921." 2. This Act is incorporated with the Inscribed Stock Act of 1882, and the Inscription of Stock Amendment Act, 1895, and those Acts and this Act shall be read as one Act. 3. The Treasurer may, from time to time, issue for such amounts as he deems expedient, and sell or exchange, Inscribed Stock, Treasury Bills, or other securities, for the purpose of raising money to redeem Inscribed Stock and Treasury Bills 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. 4. The Incorporation with 1882 and 619 of 1895. Acts No. 268 of Authority to issue Stock, Bills, or other securities to redeem certain securities. Rate of interest and when redeemable. Redemption of Public Securities Act.-1921. 4. The Inscribed Stock, Treasury Bills, or other securities issued under this Act shall bear interest at such rate as the Treasurer thinks fit on the respective amounts thereof; and the principal and interest of any such Stock, Bill, or other security 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 THE |