✨ Order in Council Annuities




Numb. 5.

71

DIEU ET MON DROIT

THE
NEW ZEALAND GAZETTE.
Published by Authority.

WELLINGTON, SATURDAY, JANUARY 27, 1871.

G. F. BOWEN, Governor.
ORDER IN COUNCIL.
At the Government House at Wellington, this
twenty-fourth day of January, 1872.
Present:
HIS EXCELLENCY THE GOVERNOR IN COUNCIL.

WHEREAS by "The Government Annuities Act,
1869," it is, among other things, enacted that
it shall and may be lawful for the Governor in
Council, from time to time as he shall think fit, to
direct such Tables as shall from time to time be
authorized and approved of by him to be used and
adopted for determining the value of all Annuities of
whatsoever kind which may be granted according to
the provisions of the said Act, as well as Tables for
Payment of Sums of Money at Death and otherwise;
and further, that it shall be lawful for the Governor
in Council to alter, revoke, and recall all or any of
the said Tables from time to time, and to direct the
use and adoption of such other Tables in lieu thereof
as shall be approved of by the Governor in Council:

And whereas by an Order in Council made the
twenty-second day of October, one thousand eight
hundred and seventy, and published in the New
Zealand Gazette
of the seventh day of November, in
the same year, after reciting as is therein recited,
certain Tables for Payment of Sums of Money at Death
and otherwise, set forth in the Schedule to the said
Order in Council, were approved of as therein
mentioned: And whereas it is expedient that one of
the said Tables should be revoked, and that another
Table should be adopted in lieu thereof, and also that
additional Tables should be made in the manner here-
inafter provided:

Now therefore, I, Sir George Ferguson Bowen, the
Governor of the Colony of New Zealand, in pursu-
ance and exercise of the power and authority vested
in me by the said Act, and by and with the advice
and consent of the Executive Council of the said
Colony, do hereby revoke and recall the Table
numbered VII., and set forth in the Schedule to the
hereinbefore in part recited Order in Council, and do
hereby approve of the Table set forth in the Schedule
hereto, and numbered VII. therein, and direct that
the same shall, from and after the first day of
February next, be used and adopted for the purpose
of determining the value of Immediate Annuities
granted under the said Act in lieu of the said
Table VII.: Provided that the revocation hereby
made shall not be deemed to alter or affect any
contract, act, matter, or thing duly made in accord-
ance with and subject to such revoked Tables. And
in further pursuance and exercise of the said power
and authority, and with the like advice and consent as
aforesaid, I do hereby approve of the Tables set forth
and numbered Ia., Va., VIa., III45., and VIII.,
respectively, in the said Schedule hereto, and do
direct that the same shall, from and after the first
day of February next, be used and adopted as
additional Tables to those authorized by the herein-
before in part recited Order in Council: Provided
that the said Table set forth and numbered Ia. in the
said Schedule hereto shall be limited in its operation
to cases where the person desiring to insure his life is
an officer in the permanent employ of the General
Government of the Colony, either under the provi-
sions of "The Civil Service Act, 1866," or such
officers or persons as by that Act are declared not to
be subject thereto. And also, in further pursuance
and exercise of the power and authority vested in me
by the said Act, and with the like advice and consent
as aforesaid, I do hereby direct that this Order in
Council shall not come into operation or have any
effect until the first day of February next, and that
previous to the adoption and using of the Tables
hereby directed to be adopted and used, that notice
thereof shall be given in the New Zealand Gazette by
the Commissioner acting under the said Act, of the
date at which this Order shall come into operation,
and of the place or places where copies of the said
Tables may be seen or obtained.



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VUW Te Waharoa PDF NZ Gazette 1872, No 5





✨ LLM interpretation of page content

πŸ’° Order regarding Tables under the Government Annuities Act, 1869

πŸ’° Finance & Revenue
24 January 1872
Order in Council, Government Annuities Act 1869, Actuarial Tables, Revocation, Civil Service Act 1866
  • Sir George Ferguson Bowen, Governor