Cap. 222 Art. 19Conversion of bonds.

(1) On maturity, the holder of a bond may convert the bond into another bond or bonds issued under this Act if the prospectus relating to such issue so stipulates.

(2) Such conversion shall be effected on the terms and conditions as may be attached to the new issue and in such manner as may be provided in the prospectus of the new issue or as may be prescribed.