✨ Local Bodies' Loans Regulation
4154
THE NEW ZEALAND GAZETTE.
[No. 128
Regulation under the Local Bodies’ Loans Act, 1913 (Loans to Local Bodies by Advances Office).
LIVERPOOL, Governor.
ORDER IN COUNCIL.
At the Government House at Wellington, this twenty-third day of November, 1914.
Present:
His Excellency the Governor in Council.
IN pursuance and exercise of the powers and authorities vested in him by the Local Bodies’ Loans Act, 1913 (hereinafter referred to as “the said Act”), and all other powers and authorities enabling him in this behalf, 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 regulation; and doth hereby declare that this regulation shall come into force on the date of the publication thereof in the New Zealand Gazette.
REGULATION.
NOTWITHSTANDING anything to the contrary contained in the regulations made under the said Act, the term of any loan granted to a local authority may be thirty years, the principal and interest of any loan for such term to be payable by half-yearly instalments in accordance with the table in the Schedule hereto.
SCHEDULE.
Term, 30 Years.
Interest, 4½ per cent.
TABLE OF HALF-YEARLY INSTALMENTS FOR EVERY ONE HUNDRED POUNDS OF THE LOAN.
| Half-year. | Half-yearly Instalment. | Appportioned thus: | Balance of Principal owing. | Half-year. | Half-yearly Instalment. | Appportioned thus: | Balance of Principal owing. | ||
|---|---|---|---|---|---|---|---|---|---|
| £ s. d. | On Account of Interest at 4½ per Cent. | On Account of Principal. | £ s. d. | £ s. d. | On Account of Interest at 4½ per Cent. | On Account of Principal. | £ s. d. | ||
| 1st | 3 1 1 | 2 5 0 | 0 16 1 | 99 3 11 | 31st | 3 1 1 | 1 9 9 | 1 11 4 | 64 10 7 |
| 2nd | 3 1 1 | 2 4 8 | 0 16 5 | 98 7 6 | 32nd | 3 1 1 | 1 9 1 | 1 12 0 | 62 18 7 |
| 3rd | 3 1 1 | 2 4 3 | 0 16 10 | 97 10 8 | 33rd | 3 1 1 | 1 8 4 | 1 12 9 | 61 5 10 |
| 4th | 3 1 1 | 2 3 11 | 0 17 2 | 96 13 6 | 34th | 3 1 1 | 1 7 7 | 1 13 6 | 59 12 4 |
| 5th | 3 1 1 | 2 3 6 | 0 17 7 | 95 15 11 | 35th | 3 1 1 | 1 6 10 | 1 14 3 | 57 18 1 |
| 6th | 3 1 1 | 2 3 1 | 0 18 0 | 94 17 11 | 36th | 3 1 1 | 1 6 1 | 1 15 0 | 56 3 1 |
| 7th | 3 1 1 | 2 2 9 | 0 18 4 | 93 19 7 | 37th | 3 1 1 | 1 5 3 | 1 15 10 | 54 7 3 |
| 8th | 3 1 1 | 2 2 4 | 0 18 9 | 93 0 10 | 38th | 3 1 1 | 1 4 6 | 1 16 7 | 52 10 8 |
| 9th | 3 1 1 | 2 1 11 | 0 19 2 | 92 1 8 | 39th | 3 1 1 | 1 3 8 | 1 17 5 | 50 13 3 |
| 10th | 3 1 1 | 2 1 6 | 0 19 7 | 91 2 1 | 40th | 3 1 1 | 1 2 10 | 1 18 3 | 48 15 0 |
| 11th | 3 1 1 | 2 1 0 | 1 0 1 | 90 2 0 | 41st | 3 1 1 | 1 1 11 | 1 19 2 | 46 15 10 |
| 12th | 3 1 1 | 2 0 7 | 1 0 6 | 89 1 6 | 42nd | 3 1 1 | 1 1 1 | 2 0 0 | 44 15 10 |
| 13th | 3 1 1 | 2 0 1 | 1 1 0 | 88 0 6 | 43rd | 3 1 1 | 1 0 2 | 2 0 11 | 42 14 11 |
| 14th | 3 1 1 | 1 19 7 | 1 1 6 | 86 19 0 | 44th | 3 1 1 | 0 19 3 | 2 1 10 | 40 13 1 |
| 15th | 3 1 1 | 1 19 2 | 1 1 11 | 85 17 1 | 45th | 3 1 1 | 0 18 4 | 2 2 9 | 38 10 4 |
| 16th | 3 1 1 | 1 18 8 | 1 2 5 | 84 14 8 | 46th | 3 1 1 | 0 17 4 | 2 3 9 | 36 6 7 |
| 17th | 3 1 1 | 1 18 2 | 1 2 11 | 83 11 9 | 47th | 3 1 1 | 0 16 4 | 2 4 9 | 34 1 10 |
| 18th | 3 1 1 | 1 17 7 | 1 3 6 | 82 8 3 | 48th | 3 1 1 | 0 15 4 | 2 5 9 | 31 16 1 |
| 19th | 3 1 1 | 1 17 1 | 1 4 0 | 81 4 3 | 49th | 3 1 1 | 0 14 4 | 2 6 9 | 29 9 4 |
| 20th | 3 1 1 | 1 16 7 | 1 4 6 | 79 19 9 | 50th | 3 1 1 | 0 13 3 | 2 7 10 | 27 1 6 |
| 21st | 3 1 1 | 1 16 0 | 1 5 1 | 78 14 8 | 51st | 3 1 1 | 0 12 2 | 2 8 11 | 24 12 7 |
| 22nd | 3 1 1 | 1 15 5 | 1 5 8 | 77 9 0 | 52nd | 3 1 1 | 0 11 1 | 2 10 0 | 22 2 7 |
| 23rd | 3 1 1 | 1 14 10 | 1 6 3 | 76 2 9 | 53rd | 3 1 1 | 0 10 0 | 2 11 1 | 19 11 6 |
| 24th | 3 1 1 | 1 14 3 | 1 6 10 | 74 15 11 | 54th | 3 1 1 | 0 8 10 | 2 12 3 | 16 19 3 |
| 25th | 3 1 1 | 1 13 8 | 1 7 5 | 73 8 6 | 55th | 3 1 1 | 0 7 8 | 2 13 5 | 14 5 10 |
| 26th | 3 1 1 | 1 13 1 | 1 8 0 | 72 0 6 | 56th | 3 1 1 | 0 6 5 | 2 14 8 | 11 11 2 |
| 27th | 3 1 1 | 1 12 5 | 1 8 8 | 70 11 10 | 57th | 3 1 1 | 0 5 3 | 2 15 10 | 8 15 4 |
| 28th | 3 1 1 | 1 11 9 | 1 9 4 | 69 2 6 | 58th | 3 1 1 | 0 3 11 | 2 17 2 | 5 18 2 |
| 29th | 3 1 1 | 1 11 1 | 1 10 0 | 67 12 6 | 59th | 3 1 1 | 0 2 8 | 2 18 5 | 2 19 9 |
| 30th | 3 1 1 | 1 10 6 | 1 10 7 | 66 1 11 | 60th | 3 1 1 | 0 1 4 | 2 19 9 | .. |
J. F. ANDREWS,
Clerk of the Executive Council.
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1914, No 128
NZLII —
NZ Gazette 1914, No 128
✨ LLM interpretation of page content
💰 Regulation under the Local Bodies’ Loans Act, 1913
💰 Finance & Revenue23 November 1914
Local Bodies' Loans, Regulation, Loan Terms, Interest Rates, Repayment Schedule
- Liverpool, Governor
- J. F. Andrews, Clerk of the Executive Council