✨ Local Bodies Loans Regulations
2316
THE NEW ZEALAND GAZETTE.
[No. 67
(b.) Such notice shall be in the Form No. 9 in the Schedule hereto.
8. (a.) An, laarl outborft, that objects to such proposed adjustment or apportionment shall forward written notice of its objection to the Minister of Finance within twenty-one days from the receipt of the notice referred to in the last preceding regulation.
(b.) Such local authority shall, prior to the expiry of the said twenty-one days, also serve a copy of such notice on the local authority that made the rate.
(c.) If within the said period of twenty-one days no notice of objection is served either on the Minister of Finance or the local authority that made the rate, then such last-mentioned authority may proceed ex parte to have an apportionment or adjustment of liability effected in respect of the said loans, and for that purpose shall forward to the Minister of Finance a statutory declaration of the facts in the form of to the effect set forth in Form No. 4 in the Schedule hereto.
(d.) In cases where objections have been received the statutory declaration shall be in the form or to the effect set forth in Form No. 5 in the Schedule hereto.
(e.) On receipt of the statutory declaration in either of the cases aforesaid it shall be the duty of the Minister of Finance to forward the same, with all other particulars and information, to the Governor in Council.
(f.) Where an objection has been duly lodged by the local authority or authorities affected, then the Governor in Council shall hear or consider such objections, and the parties shall receive such notices, and such steps shall be taken, as the Governor in Council may consider necessary for determining the matter.
4. As soon as an, transfer, adjustment, or apportionment of liability in respect of any special loan has been made the Secretary to the Treasury shall forward to every local authority directly affected thereby a notice in the Form No. 9 in the Schedule hereto, and such entries shall be made in the Register of Debts of Local Authorities as may be necessary to complete such transfer, adjustment, or apportionment respectively.
6. Where any notice is directed by these regulations to be served upon or given to a local authority, it shall be sufficient if such notice be sent to or delivered at the office of such local authority addressed to the Clerk or other principal officer thereof.
SCHEDULE.
FORM No. 1.
Notice where Whale Area merged under Section 7 of “The Local Bodies’ Loans Act Amendment Act, 1906.”
To
Particulars of Special Loans in respect of which Special Rates have been made over the Whole Area described below, which said Area was merged or included in the on the day of , 19 .
AMOUNTS of special loans: £
Dates of granting same:
Particulars of special rates struck an security for such loans:
When rates payable:
Area over which special rates are made: . (Quote dates end pages of Gazette where special order is gazetted.)
Inscribed debt due in respect of such loans: £
Amount of half-yearly interest payable and to be transferred: £
Dates when interest due: , Chairman.
Dated this day of , 19 .
FORM No. 2.
Notice where Part-area merged or included under Section 7 of “The Local Bodies’ Loans Act Amendment Act, 1906.”
To
Particulars of Special Loans in respect of which Special Rates have been made over the Part-area described below, which was merged in the on the day of , 19 .
LOAN or loans to be apportioned to be set out as under:-
Amount of each loan: £
Purpose for which each loan was raised:
Currency of each loan:
Rate of interest under which each loan was raised:
Area over which special rates made as security for such loan:
Rateable valuation of special-rating district: £
Rateable valuation of part-area merged: £
Description of part-areas merged or included to be fully set out: (A plan of merged portion of rating district to be supplied.) (Quote page of Gazette if special order gazetted.)
Particulars of special rates struck:
When rates payable:
Inscribed debts due in respect of special loans for special-rating districts: £
Proposed adjustment or apportionment of debt inscribed in respect of such special loans: £
Proposed adjustment or apportionment of half-yearly interest: £ , Chairman.
Dated .
FORM No. 8.
Notices of Transfer [or Adjustment, or Apportionment] of Special Loans under Section 7 of “The Local Bodies’ Loans Act Amendment Act, 1906.”
To
LOAN or loans to be apportioned are as under, viz.:-
Amount of each loan: £
Purpose for which each loan was raised:
Currency of each loan:
Rate of interest under which each loan was raised:
Area over which special rates made as security for such loans:
Notice is hereby given that, in accordance with subsection (4) of section 7 of “The Local Bodies’ Loans Act Amendment Act, 1906,” the necessary entries, of which particulars are given below, have been made in the Register of Debts of Local Authorities to give effect to the transfer [or adjustment, or apportionment] of the liability of the in respect of the undermentioned special loans raised upon the security of special rates made over the area [or part-area] merged or included in the , which said area is approximately described hereunder :-
Particulars of special loans above referred to:
Total inscribed amount of such loans: £
| Local Authority by whom payable. | Amount transferred to each Local Authority. | Half-yearly Interest thereon. |
|---|---|---|
FORM No. 4.
Statutory Declaration where no Objections have been raised to the Proposed Transfer [or Adjustment, or Apportionment] of Special Loans under Section 7 of “The Local Bodies’ Loans Act Amendment Act, 1906.”
I, [Insert name fully], of [Insert Address], [Mayor or Chairman] of the Council, do hereby solemnly and sincerely declare—
(1.) That the Council has fully complied with the regulations under section 7 of “The Local Bodies’ Loans Act Amendment Act, 1906.”
(2.) That a notice of the proposed apportionment was duly served upon the , on the day of , 19 , and that a copy of such notice is hereto attached, marked “A.”
(3.) That no objections have been received to the said proposed transfer [or adjustment, or apportionment] of £ from the debt of the Council, to that of the Council.
And I make this solemn declaration conscientiously believing the same to be true and correct by virtue of the provisions of an Act of the General Assembly of New Zealand intituled “The Oaths and Declarations Act, 1882.”
, Mayor [or Chairman].
Declared at , this day of , 19 , before me—
, Justice of the Peace.
FORM No. 6.
Statutory Declaration when Objections made to the Proposed Transfer [or Adjustment, or Apportionment] of Special Loans have been lodged under Section 7 of “The Local Bodies’ Loans Act Amendment Act, 1906.”
I, [Insert name fully], of [Insert Address], [Mayor or Chairman] of the Council, do hereby solemnly and sincerely declare—
(1.) That notice of the proposed apportionment has been duly served on the Council on the day of , 19 , and that a copy of such notice is hereto attached, marked “A.”
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🏘️ Regulations regarding transfer, adjustment, or apportionment of special loans for local authorities.
🏘️ Provincial & Local GovernmentLocal bodies, Loans, Special rates, Transfer, Adjustment, Apportionment, Minister of Finance, Governor in Council, Statutory declaration, Schedule, Forms
- Mayor or Chairman
NZ Gazette 1908, No 67