Art 7—The term of the loan shall be seven and a halt years. During the frst three years, 12 per cent. of the total amount of the principal shall be redeemed each year; during the 4th to 7th years, 14 per cent. each year; and during' the remaining halt year of the 8th year, 8 per cent.
The total amount of principal and interest shall be entirely paid March 31, the 32nd Year of the public (1943).
Redemption of principal shall "be effected by public drawings 20 days: before the maturity of each quarterly} period.
Art, 8—The Central Bank of China shall be appointed fiscal agent to take charge of matters relating to redemption of principal and payment of interest.
Art. 9.—The bonds of this loan shall be issued in the denominations of '$5,000; $1,000; and $100, all inthe form of "bearer" bonds.
Art, 10—The bonds may be freely bought, sold, or mortgaged; offered security in lieu of cash where! monetary security is required Public affairs; or used as security reserves by banks.
Art. 1—Persons found guilty of counterfeiting the bonds or otherwise impairing the credit thereof shall be punished by the competent judicial authorities according to law.
Art. 12—Theso regulations shall come into effect from the date of promulgation—Kuo Min,
Text read from the printed page and cleaned; old type leaves the occasional error.