GAS ACT, 1948 Notice to Holders of Securities of Gas Undertakings. (This notice should be retained.) The Minister of Fuel and Power has declared by Order that the values of the undermentioned securities II of the Act and has declared the Conversion Date to be 10th March, 1950. on on that date holders of British Gas 3 per cent. 1950, and the holders thereof Stock, 1990-1995 (issued at will par become instead and redeemable at par) calculated in accordance with the rates mentioned below. Where the Gas Council did not make a payment of interest on these securities on 1st November, 1949 sufficient to discharge in full the first six months' interest (accrued to 1st October, 1949) on the British Gas Stock issuable by way of compensation, the Gas Council will, on ###t March, 1950, make such payment to holders of securities at the close of business on 26th September, ###49, under Direction of the Minister, as will complete the discharge of the British Gas Stock on 1st May, 1950.