HC Deb 13 April 1938 vol 334 c1146W
Sir N. Grattan-Doyle

asked the Secretary of State for Dominion Affairs whether, in view of the fact that the definitive documents of the Sydney 4 per cent. Loan floated in London in May, 1937, and fully paid up in September last have not been obtainable until 14th April, 1938, he will inform the Australian authorities that long delay in despatching the final documents from Australia has caused inconvenience to subscribers to this loan; and will he request that final documents for future similar issues should be sent from Australia so that they may be delivered to subscribers here within eight weeks and not nearly eight months after a loan has been fully paid up?

Marquess of Hartington

I understand that the delay in making available to subscribers the definitive documents relating to the 4 per cent. loan of the Metropolitan Water Sewerage and Drainage Board, Sydney, issued in May, 1937, has been occasioned by the board having to seek authority to attach to the loan the more convenient title of "Sydney Water Board." I also understand that the London agents of the board have received no complaints of inconvenience having been caused to subscribers and that dealings in the loan have not been hampered in any way.