Registration No. 33-6510
As filed with the Securities and Exchange Commission on August 27, 1996
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 X
Pre-Effective Amendment No.
Post-Effective Amendment No. 17 X
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 X
Amendment No. 18 X
(Check appropriate box or boxes)
TEMPLETON INCOME TRUST.
(Exact Name of Registrant as Specified in Charter)
700 CENTRAL AVENUE, P.O. BOX 33030, ST. PETERSBURG, FLORIDA 33733-8030
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number: (813) 823-8712
Ellen F. Stoutamire
700 Central Avenue
P.O. Box 33030
ST. PETERSBURG, FLORIDA 33733-8030
(Name and Address of Agent for Service)
It is proposed that this filing will become effective (check appropriate box):
X immediately upon filing pursuant to paragraph (b) of Rule 485
on (DATE) pursuant to paragraph (b) of Rule 485
60 days after filing pursuant to paragraph (a)(1) of Rule 485
on (date) pursuant to paragraph (a)(1) of Rule 485
75 days after filing pursuant to paragraph (a)(2) of Rule 485
on (DATE) pursuant to paragraph (a)(2) of Rule 485
this post-effective amendment designates a new effective
date for a previously filed post-effective amendment
CONTENTS OF AMENDMENT
This Post-Effective Amendment No. 17 to the Registration Statement of
Templeton Income Trust is comprised of the following papers and documents:
1. The facing sheet to register a definite number of Shares of
beneficial interest, par value $0.01 per Share;
2. Signature pages; and
3. Exhibit 10, the opinion and consent of Dechert Price &
Rhoads, counsel to the Registrant, as to the legality of
the Shares being registered.
With the exception of the items listed above, this Post-Effective
Amendment No. 17 under the Securities Act of 1933 incorporates by reference all
materials filed as part of Post-Effective Amendment No. 16 to Form N-1A for
Templeton Income Trust, File No. 33-6510.
The sole purpose of this Post-Effective Amendment No. 17 is to register
a definite number of additional Shares of beneficial interest of Templeton
Income Trust, pursuant to Rule 24e-2(a) under the Investment Company Act of
1940.
Templeton Income Trust
Calculation of Registration Fee
Under the Securities Act of 1933
<TABLE>
<CAPTION>
Proposed Proposed
Title of Maximum Maximum Amount
Securities Amount Offering Aggregate of
Being Being Price Offering Registration
REGISTERED REGISTERED PER SHARE** PRICE* FEE
<S> <C> <C> <C> <C>
Shares of Beneficial
Interest (Templeton Money
Fund and Templeton Global
Bond Fund) Indefinite N/A N/A N/A
- ---------------------------
Templeton Money Fund 16,165,512 $1.00 $16,165,512 $100
Templeton Global
Bond Fund 2,772,433 $9.82 $27,225,288 $0.00
Templeton Income Trust
(Total) 18,937,945 N/A $43,390,800 $100
</TABLE>
* Registrant continues its election to register an indefinite number or
amount of Shares of beneficial interest, $0.01 par value per Share,
under the Investment Company Act of 1940. The Rule 24f-2 Notice for
Registrant's most recent fiscal year ended August 31, 1995 was filed on
October 30, 1995.
** Registrant elects to calculate the maximum aggregate offering price
pursuant to Rule 24e-2. 531,893,131 Shares ($588,536,505 worth of
Shares) were redeemed during the fiscal year ended August 31, 1995.
$545,435,705 worth of Shares were used for reductions pursuant to
Paragraph (c) of Rule 24f-2 in the Rule 24f-2 Notice filed with
Commission on October 30, 1995. The balance of $43,100,800 worth of
Shares (representing $27,225,288 worth of Templeton Global Bond Fund
and $15,875,542 worth of Templeton Money Fund Shares) is being used as
credit against the Shares that are being registered pursuant to this
Amendment. The proposed maximum offering price per Share of Templeton
Global Bond Fund and Templeton Money Fund, as calculated pursuant to
Rule 457(d) under the Securities Act of 1933 on the basis of the
offering price of the Registrant's Shares on August 16, 1996, is $9.82
and $1.00, respectively. At this offering price, the $43,100,800 worth
of Shares used for reduction in this Amendment equals 2,772,433 Shares
of Templeton Global Bond Fund and 15,875,512 of Templeton Money Fund
Shares. In addition to these Shares, the Registrant is also registering
290,000 Shares of Templeton Money Fund ($290,000 worth of Shares at
$1.00 per Share) pursuant to this Amendment, for a total of 18,937,945
Shares ($43,390,800 worth of Shares).
PART C
OTHER INFORMATION
Item 24. Financial Statements and Exhibits
(b) Exhibits
(10) Opinion and consent of Dechert Price and Rhoads.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as
amended, and the Investment Company Act of 1940, the Registrant, as amended, the
Registrant certifies that it meets all the requirements for effectiveness of
this Registration Statement pursuant to Rule 485(b) under the Securities Act of
1933 and has duly caused this Post-Effective Amendment to its Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in Washington, D.C. on the 26th day of August, 1996.
Templeton Income Trust
(REGISTRANT)
By:
Samuel J. Forester, Jr.*
President
*By:/s/WILLIAM J. KOTAPISH
William J. Kotapish
attorney-in-fact**
Pursuant to the requirements of the Securities Act of 1933, as
amended, this amendment to the Registration Statement has been signed below by
the following persons in the capacities and on the date indicated:
<TABLE>
<CAPTION>
Signature Title Date
<S> <C> <C>
____________________ President (Chief August 26, 1996
Samuel J. Forester, Jr.* Executive Officer)
____________________ Director, Chairman, August 26, 1996
Charles B. Johnson* and Vice President
____________________ Director August 26, 1996
Betty P. Krahmer*
____________________ Director August 26, 1996
Hasso-G von Diergardt-
Naglo*
____________________ Director August 26, 1996
F. Bruce Clarke*
___________________ Director August 26, 1996
Fred R. Millsaps*
____________________ Director August 26, 1996
Harris J. Ashton*
____________________ Director August 26, 1996
S. Joseph Fortunato*
____________________ Director August 26, 1996
Andrew H. Hines, Jr.*
____________________ Director August 26, 1996
John Wm. Galbraith*
____________________ Director August 26, 1996
Gordon S. Macklin*
____________________ Director August 26, 1996
Nicholas F. Brady*
____________________ Treasurer (Chief August 26, 1996
James R. Baio* Financial and
Accounting Officer)
</TABLE>
*By:/s/WILLIAM J. KOTAPISH
William J. Kotapish
Attorney-in-fact**
** Powers of Attorney were previously filed with Registration Statement No.
33-6510 and are incorporated herein by reference, or are contained herewith.
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
EXHIBITS
FILED
WITH
POST-EFFECTIVE AMENDMENT NO. 17 TO
REGISTRATION STATEMENT
ON
FORM N-1A
TEMPLETON INCOME TRUST
Exhibit (10)
Opinion and Consent of Dechert Price & Rhoads
DECHERT PRICE & RHOADS
1500 K STREET, N.W.
WASHINGTON, D.C. 20005
August 26, 1996
Templeton Income Trust
700 Central Avenue
St. Petersburg, FLA 33701
Dear Sirs:
As counsel for Templeton Income Trust (the "Trust"), we are
familiar with the registration of the Trust under the Investment Company Act of
1940 (File No. 811-4706) and the registration statement relating to its shares
of beneficial interest (the "Shares") under the Securities Act of 1933 (File No.
33-6510). We also have examined such other Trust records, agreements, documents
and instruments as we deemed appropriate.
Based upon the foregoing, it is our opinion that the Shares
being registered pursuant to Post-Effective Amendment No. 17 to the Trust's
Registration Statement will, when sold in accordance with the terms of the
Registration Statement and the prospectuses included therein, and delivered by
the Trust against receipt of the net asset value of the Shares, have been duly
and validly authorized and issued as fully paid and non-assessable Shares of the
Trust.
We consent to the filing of this opinion in connection with
Post-Effective Amendment No. 17 which is being filed on behalf of the Trust
pursuant to Section 24(e) of the Investment Company Act of 1940.
Very truly yours,
/s/DECHERT PRICE & RHOADS
Dechert Price & Rhoads
