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Internal War Loans Belligerent Countries

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of Commonwealth and State Income Tax. Bonds and Inscribed<br />

Stock exempt from the operation of Wealth Levy,<br />

if any.<br />

Trust Investment Privilege—The issue is an investment authorized<br />

by the Trustees Acts of the several states and<br />

trustees may invest therein notwithstanding that the price<br />

may at the time of investment be above or below the re'<br />

demption value of par.<br />

Legal Tender Privilege—Bonds and Inscribed Stock accepted<br />

at par in payment of probate and succession duty due the<br />

Commonwealth.<br />

Commission—Members of recognized stock exchanges were<br />

allowed a commission of one-fourth of one per cent on allotments<br />

made in respect of applications received from them<br />

by the Commonwealth Bank of Australia and bearing their<br />

stamp.<br />

82

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