Legislation Text




191

approved by the Governor and Executive Council, shall have
the same force and effect until the termination of the Session of
the General Assembly next following their approval as aforesaid,
as if they had been inserted in this Act.

  1. This Act shall come into operation on the 1st day of Commencement of Act
    January, 1857.
  2. This Act may be cited for all purposes as "The Supreme Short Title.
    Court Procedure Act, 1856."

[Coat of Arms]
NEW ZEALAND LOAN ACT, 1856.

IN THE TWENTIETH YEAR OF THE REIGN OF HER MAJESTY QUEEN
VICTORIA.

SESSION 4, No. 17.

ANALYSIS.

Title.
Preamble.

  1. Her Majesty may appoint agents to raise and
    manage a loan.
  2. Such agents shall have power to raise any
    sums not exceeding £500,000.
  3. Bonds, &c., to be for sums and in form, to
    be signed and to be negotiable as pre-
    scribed by agents.
  4. Interest payable in London.
  5. Principal and Interest charged on the Gene-
    ral Revenue of the Colony of New Zea-
    land.
  6. Money raised to be applied to purposes set
    forth in Schedule.
  7. Principal to be repaid at the expiration of
    30 years.
  8. 6 per cent to be paid annually to meet in-
    terest and provide a sinking fund.
  9. Definition of General Revenue of the Co-
    lony of New Zealand.
  10. Short Title.
    Schedule.

AN ACT for raising a Loan of £500,000 for the Public Service of the Colony Title.
of New Zealand.

. (Assented to 7th August, 1856.)

W HEREAS it is expedient to raise a Loan for the purpose of Preamble.
liquidating the charge secured by Acts of the Imperial Parlia-
ment to the New Zealand Company and consolidating the Public
Debts and Liabilities of the Colony of New Zealand,

BE IT THEREFORE ENACTED by the General Assembly of New
Zealand as follows:



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1856, No 30





✨ LLM interpretation of page content

⚖️ Supreme Court Procedure Act, 1856 (Sections 4 & 5) (continued from previous page)

⚖️ Justice & Law Enforcement
7 August 1856
Legislation, Supreme Court, Procedure Act, Commencement date, Short Title

💰 New Zealand Loan Act, 1856 Analysis and Preamble

💰 Finance & Revenue
7 August 1856
Loan, Public Debt, Consolidation, General Revenue, Sinking Fund, Legislation