✨ Local Body Loans Regulations
FEB. 9.] THE NEW ZEALAND GAZETTE. 519
(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.
-
As soon as any transfer, adjustment, or apportion-
ment 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. 5 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. -
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 Whole Area merged under Section 91 of the
Local Bodies' Loans Act, 1908.
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 as security for such
loans :
When rates payable:
Area over which special rates are made: (Quote
dates and 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 trans-
ferred: £
Dates when interest due:
Dated this day of , 19
Chairman.
FORM No. 2.
Notice where Part-area merged or included under Sec-
tion 91 of the Local Bodies' Loans Act, 1908.
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 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
loans:
Rateable valuation of special-rating district: £
Rateable valuation of part-area merged: £
Description of part-area merged or included to be fully
set out: (A plan of merged portion of rating
area 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: £
Dated this day of , 19
Chairman.
FORM No. 3.
Statutory Declaration where no Objections have been
raised to the Proposed Transfer [or Adjustment, or
Apportionment] of Special Loans under Section 91 of the
Local Bodies' Loans Act, 1908.
I, of Mayor [or Chairman] of the
Council, do solemnly and sincerely declare--
(1.) That the Council has fully complied with
the regulations under section 91 of the Local
Bodies' Loans Act, 1908.
(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 apportion-
ment] of £ from the debt of the
Council to that of the Council.
And I make this solemn declaration conscientiously be-
lieving the same to be true, and by virtue of the Justices
of the Peace Act, 1908.
Declared at , this
Mayor
day of , 19 , before }
me-- }[or Chairman]
Justice of the Peace
[or Solicitor].
FORM No. 4.
Statutory Declaration when Objections made to the Pro-
posed Transfer [or Adjustment, or Apportionment] of
Special Loans have been lodged under Section 91 of the
Local Bodies' Loans Act, 1908.
I., of Mayor [or Chairman] of the
Council, do 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."
(2.) That the Council on the day
of , 19, duly forwarded a copy of the
notice of its objection to such proposed transfer
[or adjustment, or apportionment] to the Minis-
ter of Finance, such date being within twenty-
one days of the receipt of the notice from
the Council, in whose district such part-
area has been merged or included.
(3.) That a copy of such notice of objection is hereto
annexed, marked "B."
(4.) That the Council (being the local autho-
rity that made the rate) has also been served
with a copy of such objection, and that the local
authorities concerned are willing to submit the
question to the Governor in Council for final
determination.
And I make this solemn declaration conscientiously be-
lieving the same to be true, and by virtue of the Justices
of the Peace Act, 1908.
Declared at , this
day of , 19 , before }
me-- }
Mayor
Justice of the Peace
[or Solicitor].
FORM No. 5.
Notices of Transfer [or Adjustment, or Apportionment] of
Special Loans under Section 91 of the Local Bodies'
Loans Act, 1908.
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 sub-
section (4) of section 91 of the Local Bodies' Loans Act,
1908, 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 , and which said area
is approximately described hereunder:-
Particulars of special loans above referred to:
Total inscribed amount of such loans: £
Local Authority by Amount transferred Half-yearly
whom payable. to each Local Authority. Interest thereon.
J. F. ANDREWS,
Clerk of the Executive Council.
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✨ LLM interpretation of page content
🏘️ Regulations regarding Transfer, Adjustment, or Apportionment of Special Loans under Local Bodies' Loans Act, 1908
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🏘️ Form No. 1: Notice where Whole Area merged under Section 91 of the Local Bodies' Loans Act, 1908
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NZ Gazette 1911, No 11