New South Wales Consolidated Acts

INSCRIBED STOCK (ISSUE AND RENEWALS) ACT 1912 - SECT 5

5 How conversion or renewal may be effected

Any such conversion or renewal of debentures or stock may be effected either:

(a) by arrangement with the holders of such debentures or stock,

(b) by purchase or redemption of the debentures or stock, and the issue in New South Wales or in London of other debentures or stock, or

(c) partly in the one way and partly in the other.