Nov. 17.] THE NEW ZEALAND GAZETTE. 3993

SCHEDULE.

ALL that area in the Southland Land District, containing
by admeasurement 1 rood, more or less, being Section 8,
Block IV, Town of Limehills. Bounded towards the
north by Section 15 in the said block, 100 links; towards
the east by Section 7 in the said block, 250 links; towards
the south by Atlas Street, 100 links; and towards the
west by Section 9 in the said block, 250 links: be all the
aforesaid linkages more or less: as the same is delineated
on the plan marked L. 23120/40, deposited in the Head
Office, Department of Lands, at Wellington, and thereon
coloured red.

J. F. ANDREWS,
Clerk of the Executive Council.

Recreation Reserve in Otago Land District brought
under Part II of the Public Reserves and Domains Act,
1908.

ISLINGTON, Governor.
ORDER IN COUNCIL.

At the Government Buildings, at Wellington, this seventh
day of November, 1910.

Present :
THE RIGHT HONOURABLE SIR J. G. WARD, K.C.M.G.,
PRESIDING IN COUNCIL.

BY virtue of the powers and authorities vested in me
by the twenty-sixth section of the Public Reserves
and Domains Act, 1908, I, John Poynder Dickson-Poynder,
Baron Islington, the Governor of the Dominion of New
Zealand, by and with the advice and consent of the Execu-
tive Council of the said Dominion, do hereby order and
declare that the reserve for recreation in the Otago
Land District described in the Schedule hereto shall be and
the same is hereby brought under the operation of and
declared to be subject to the provisions of Part II of the
said Act; and such reserve shall hereafter be known as
Glenorchy Domain, and be managed, administered, and
dealt with as a public domain.

SCHEDULE.
GLENORCHY DOMAIN.

ALL that area in the Otago Land District, containing by
admeasurement 23 acres and 37 perches, more or less,
being Section 1, Block XX, Town of Glenorchy. Bounded
towards the north generally by a road reserve along
Lake Wakatipu, towards the south-east by Cantyre Street
and by Mull Street, and towards the south-west by Oban
Street; as the same is delineated on the plan marked
L. 1417/1, deposited in the Head Office, Department of
Lands, at Wellington, and thereon bordered red.

J. F. ANDREWS,
Clerk of the Executive Council.

A Regulation under Part II of the New Zealand State-
guaranteed Advances Act, 1909, declaring Land held
under certain Classes of Municipal Leases sufficient
Security for Advances thereunder.

ISLINGTON, Governor.
ORDER IN COUNCIL.

At the Government Buildings, at Wellington, this seven-
teenth day of October, 1910.

Present :
THE HONOURABLE JAMES CARROLL PRESIDING IN COUNCIL.

IN pursuance and exercise of the power and authority
conferred on him by paragraph (r) of section thirty-
nine (one) of the New Zealand State-guaranteed Advances
Act, 1909 (hereinafter termed "the said Act"), His
Excellency the Governor of the Dominion of New Zealand,
acting by and with the advice and consent of the Executive
Council of the said Dominion, doth hereby notify and
declare that land held under lease as hereinafter specified
shall be a sufficient security for a loan under Part II of
the said Act—namely, land held under lease granted by
a Borough Council under section one hundred and thirty-
six of the Municipal Corporations Act, 1908, or section one
hundred and ninety-two of the Municipal Corporations
Act, 1900, in any case where the lease is—
(a.) For any term not less than sixty-six years; or
(b.) For any term not exceeding twenty-one years,
with right of renewal for further terms not

exceeding twenty-one years, and with provision
for payment of valuation for improvements; or
(c.) For any term not exceeding twenty-one years,
with right of renewal, and with provision, in
case the lessee does not become entitled to a new
lease for a further term or terms, for the pay-
ment by the incoming tenant of valuation for
improvements made upon the land, whether by
the lessee named in such lease or any former
lessee or tenant,
and the provisions of section fifty of the said Act shall
apply accordingly.

J. F. ANDREWS,
Clerk of the Executive Council.

Regulations under the New Zealand State-guaranteed
Advances Amendment Act, 1910.

ISLINGTON, Governor.
ORDER IN COUNCIL.

At the Government Buildings, at Wellington, this seven-
teenth day of October, 1910.

Present :
THE HONOURABLE JAMES CARROLL PRESIDING IN COUNCIL.

IN pursuance and exercise of all powers and authorities
vested in him by the New Zealand State-guaranteed
Advances Amendment Act, 1910, His Excellency the
Governor of the Dominion of New Zealand, acting by
and with the advice and consent of the Executive Council
of the said Dominion, doth hereby make the following
regulations for the classification of securities into first-
class securities, second-class securities, and third-class
securities :—

ADVANCES TO SETTLERS.

1. The following shall be deemed to be first-class securi-
   ties, second-class securities, and third-class securities
   respectively in respect of advances to settlers :—

First-class Securities.
(1.) When the value of the land in respect of which
an application for an advance is made or the value of the
applicant's interest therein, exclusive of all improvements
thereon, is not less than three-fourths of the amount of
the loan, and the security offered is in the opinion of the
Board satisfactory in all other respects, then that security
shall be deemed to be a first-class security.

Second-class Securities.
(2.) When the value of the land in respect of which an
application for an advance is made or the value of the
applicant's interest therein, exclusive of all improvements
thereon, exceeds one-third but does not equal three-fourths
of the amount of the loan, and the security offered is in
the opinion of the Board satisfactory in all other respects,
then that security shall be deemed to be a second-class
security.

Third-class Securities.
(3.) When the value of the land in respect of which an
application for an advance is made or the value of the
applicant's interest therein, exclusive of all improvements
thereon, does not exceed one-third of the amount of the
loan, and the security offered is in the opinion of the Board
satisfactory in all other respects, then that security shall
be deemed to be a third-class security.

ADVANCES TO WORKERS.

2. The following shall be deemed to be first-class securi-
   ties, second-class securities, and third-class securities
   respectively in respect of advances to workers :—

First-class Securities.
(1.) When the value of the land in respect of which an
application for an advance is made or the value of the
applicant's interest therein, apart from the buildings
erected or to be erected thereon, equals or exceeds the
amount of the loan, and the security offered is in the
opinion of the Board satisfactory in all other respects, then
that security shall be deemed to be a first-class security.

Second-class Securities.
(2.) When the value of the land in respect of which an
application for an advance is made or the value of the
applicant's interest therein, apart from the buildings
erected or to be erected thereon, exceeds one-half but does
not equal the amount of the loan, and the security offered