THE NEW ZEALAND GAZETTE. 199

Great Britain and Ireland such Sums as shall be required to make good any
Deficiency which shall happen in the regular Payment, on the Part of New Zealand,
of the Interest accruing due upon such Sums as shall be borrowed as aforesaid, or
in the Liquidation of the Principal Sums when the same shall become payable.

II. All the Sums which shall be so issued and paid out of the said Consolidated Advances out
Fund in respect of the Interest of the Sums borrowed as aforesaid, or the of Consolidated
Liquidation of the Principal Sums, with Interest upon the Sums so issued after the Fund to be
yearly Rate of Five Pounds for One hundred Pounds, to be computed from the charged on Re-
several Times of issuing the same, shall be charged upon the general Revenues of Zealand.
the Colony of New Zealand, including all the Revenue which is deemed to be
included therein for the Purposes of the said recited Act of Assembly,

III. No Act passed by the Legislature of New Zealand in anywise discharging No Act of New
or varying the Security expressed to be given by the said recited Act of Assembly, Zealand vary-
upon the Revenue arising from the Duties of the Import and Export, and from ing the Secu-
rity for the
the Disposal of Waste Lands of the Crown, for the Repayment of the Sums of Money borrow-
Money borrowed under such Act, and the Interest thereon, shall be valid, unless ed and Interest
such Act contain a Clause suspending the Operation of the same until Her to be valid un-
Majesty's Pleasure shall have been taken thereon, and the same shall have been less confirmed
confirmed by her Majesty, with the Advice of Her Privy Council, and a Proclamation by Her Majesty
of such Confirmation having been given shall have been made by the Governor' or
Person administering the Government of the said Colony.
in Council.

IV. The Commissioners of Her Majesty's Treasury shall from Time to Time Certificate of
certify to One of Her Majesty's Principal Secretaries of State the Amount so paid Amount paid
from Time to Time on account of the Interest or Principal of the Sums borrowed out of Conso-
as aforesaid; and such Certificate shall be communicated to the Governor or lidated Fund to
Person administering the Government of New Zealand, and shall be by him be sent to New
communicated to the General Assembly of the said Colony; and such Certificate. Zealand.
shall be conclusive Evidence of the Amount so paid out of the consolidated Fund of
the said United Kingdom, and of the Time when the same was paid on account of
the Interest or Principal of the Sums so borrowed.

V. The Commissioners of Her Majesty's Treasury shall cause to be prepared Accounts to be
and shall lay before both Houses of Parliament, within Fourteen Days next after laid before Par
the Beginning of every Session, an account of all Sums from Time to Time issued liament.
out of the Consolidated Fund of the said United Kingdom by virtue of this Act
towards making good any such Deficiency as aforesaid, and also an Account of all
Sums repaid by or recovered from New Zealand by reason of such Advance, with
the Interest paid or recovered thereon.

ANNO VICESIMO & VICESIMO PRIMO
VICTORIÆ REGINÆ,

CAP. LII.

AN ACT for discharging Claims of the New Zealand Company on the Proceeds
[17th August, 1857.]
of Sales of Waste Lands in New Zealand.

W HEREAS by an Act of the Session of the Tenth an Eleventh Years of Her 10 & 11 Vict.
present Majesty, Chapter One hundred and twelve, intituled An Act to c. 112.
promote Colonization in New Zealand, and to authorise a Loan to the New
Zealand Company, it was enacted (by Section Nineteen), that if the Directors of the
New Zealand Company should give Notice to One of Her Majesty's Principal
Secretaries of State within Three Calendar Months next after the Fifth Day of
April, One thousand eight hundred and fifty, by any instrument under the Seal of
the Company, that they were ready to surrender the Charters of the Company to
Her Majesty, and all Claim and Title to the Lands granted or awarded to them in
the Colony of New Zealand, all the Powers and Privileges of the Company, except
such as should be necessary for enabling the Directors to receive the several Sums of
Money therein-after mentioned and to distribute the same among the Shareholders
and other Persons entitled thereunto, and for enabling the Directors to adjust
and close the Affairs of the Company, should cease and determine, and all
the Lands, Tenements, and Hereditaments of the Company in the Colony should