Section 24

When the Governor, or the Crown Agents acting on his behalf, shall deem it expedient to raise money by the issue of North Borneo stock, then such stock shall be issued in England by the Crown Agents under the provisions of the Act of the Imperial

Parliament entitled the Colonial Stock Act, 1877 [40 & 41 Vic. c.59.], upon the best and most favourable terms that can be obtained.

When the principal is to be repaid.