DEBENTURE TRUST DEED PURPOSE OF REPORT ...

Debenture Trust Deed 42
ALTERATIONS
in respect of such Stockholder's Stock as at any date. The
Council, the Registrar or the Paying Agent shall be entitled
to act in reliance on such a certificate or other information
and shall incur no liability in so acting, or for the
consequences of so acting, should any such certificate or
other information prove to have been incorrect, or for
failing to request or obtain such a certificate or other
information.
Notice of Distribution: The Trustee shall give not less than 14 days' notice to
the Stockholders of the day, place and time fixed for any payment to
them under clauses 0 or 0 and after the day so fixed the Stockholders
shall be entitled to interest on the balance only (if any) of the Principal
Money owing on the Stock held by them (or in the case of the Security
Stock on the actual balance secured thereby) after deducting the amount
(if any) payable in respect thereof on the day so fixed.
Postponement of Distribution: If the amount of the money at any time available
under clause 0 for payment of the Principal Money owing on the Stock is
less than ten percent of the amount of such Stock, the Trustee may at its
discretion invest that money upon any of the investments authorised in
this Deed with power from time to time to vary such investments, and
such investments (with the resulting income) may be accumulated until
the accumulations together with any other funds for the time being under
the control of the Trustee and applicable for the purpose amount to a
sum sufficient to pay at least ten percent of the amount of such Stock.
Certificates of Indebtedness:
Determinations: For the purposes of determining the appropriate
payment to be made to any Stockholder pursuant to clause
0, or the voting entitlement of any Stockholder under this
Deed, the Trustee may (but need not) require any
Stockholder to provide it with a certificate giving details of
all amounts of any particular kind due or alleged to be due
in respect of the Stockholder's Stock as at any date. The
Trustee shall be entitled to rely upon the accuracy and
correctness of any such certificate.
Information: Each Stockholder shall also provide the Trustee with
whatever information it may require for the purpose of this
clause 0. The Trustee shall incur no liability in so acting or
for the consequences of so acting should any such
certificate or information prove to have been incorrect, or
for failing to request or obtain any such certificate or
information.
Trustee May Concur in Certain Alterations: The provisions of this Deed or the
terms of any Stock may be added to or varied by deed executed by the
Council and the Trustee:
Without Consent: without the consent of the Stockholders, if in the
opinion of the Trustee it is necessary or desirable:
to correct a manifest error or omission, or it is of a minor, formal
or technical nature; or
KCDC_n367613_v1_Fin-13-825_Appendix_1_Copy_of_Report_Fin-12-593_from_28_June_Council © Simpson Grierson