Union Day, the 31st of May, observed as a public holiday from 1910 (and renamed Republic Day in 1961);
Union Loan Certificatehistorical, a security issued by the Union Government to raise funds, maturing after five years at a low interest rate.
1925Off. Yr Bk of Union No. 7, 1924 (Union Office of Census & Statistics) 310The following are the statutory public holidays as prescribed in Act No. 3 of 1910: New Year’s Day..Union Day (31st May), [etc.].
1961Off. Yr Bk of Union No. 30, 1960 (Bureau of Census & Statistics) 197The following are the statutory public holidays as prescribed in Act No. 5 of 1952: New Year’s Day..Union Day (31st May) [etc.].
1919Act 20 inStat. of Union 120In addition to the methods specified in the principal Act for the raising of money by the Governor-General, he is hereby empowered..to issue securities to be called ‘Union loan certificates’...A Union loan certificate — (a) shall have on its face the amount thereof and the date of maturity. (b) shall be issued at a discount. (c) shall be repaid at its face value upon maturity which shall not be more than five years from the date of issue; and (d) shall in no case be for an amount exceeding five hundred pounds.
1933Act 29 inStat. of Union 204The control, mangagement, issue and repayment of Union Loan certificates issued on or after the first day of June, 1932, shall be vested in and entrusted to the Postmaster-General.
1977F.G. ButlerKaroo Morning 166Fifteen shillings would buy a Union Loan Certificate, which would mature into a pound in due course.
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