✨ Local Bodies' Loans Regulation
3056
THE NEW ZEALAND GAZETTE.
[No. 107
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 eighteenth day of September, 1916.
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 forty-one 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, 41 Years. Interest, 4½ per Cent.
TABLE OF HALF-YEARLY INSTALMENTS FOR EVERY ONE HUNDRED POUNDS OF THE LOAN.
| Half-year. | Half-yearly Instalment. | Apportioned thus: | Balance of Principal owing. | Half-year. | Half-yearly Instalment. | Apportioned 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 | 2 13 8 | 2 5 0 | 0 8 8 | 99 11 4 | 42nd | 2 13 8 | 1 12 1 | 1 1 7 | 70 5 4 |
| 2nd | 2 13 8 | 2 4 10 | 0 8 10 | 99 2 6 | 43rd | 2 13 8 | 1 11 8 | 1 2 0 | 69 3 4 |
| 3rd | 2 13 8 | 2 4 7 | 0 9 1 | 98 13 5 | 44th | 2 13 8 | 1 11 2 | 1 2 6 | 68 0 10 |
| 4th | 2 13 8 | 2 4 5 | 0 9 3 | 98 4 2 | 45th | 2 13 8 | 1 10 8 | 1 3 0 | 66 17 10 |
| 5th | 2 13 8 | 2 4 2 | 0 9 6 | 97 14 8 | 46th | 2 13 8 | 1 10 1 | 1 3 7 | 65 14 3 |
| 6th | 2 13 8 | 2 4 0 | 0 9 8 | 97 5 0 | 47th | 2 13 8 | 1 9 7 | 1 4 1 | 64 10 2 |
| 7th | 2 13 8 | 2 3 9 | 0 9 11 | 96 15 1 | 48th | 2 13 8 | 1 9 0 | 1 4 8 | 63 5 6 |
| 8th | 2 13 8 | 2 3 7 | 0 10 1 | 96 5 0 | 49th | 2 13 8 | 1 8 6 | 1 5 2 | 62 0 4 |
| 9th | 2 13 8 | 2 3 4 | 0 10 4 | 95 14 8 | 50th | 2 13 8 | 1 7 11 | 1 5 9 | 60 14 7 |
| 10th | 2 13 8 | 2 3 1 | 0 10 7 | 95 4 1 | 51st | 2 13 8 | 1 7 4 | 1 6 4 | 59 8 3 |
| 11th | 2 13 8 | 2 2 10 | 0 10 10 | 94 13 3 | 52nd | 2 13 8 | 1 6 9 | 1 6 11 | 58 1 4 |
| 12th | 2 13 8 | 2 2 7 | 0 11 1 | 94 2 2 | 53rd | 2 13 8 | 1 6 2 | 1 7 6 | 56 13 10 |
| 13th | 2 13 8 | 2 2 4 | 0 11 4 | 93 10 10 | 54th | 2 13 8 | 1 5 6 | 1 8 2 | 55 5 8 |
| 14th | 2 13 8 | 2 2 1 | 0 11 7 | 92 19 3 | 55th | 2 13 8 | 1 4 11 | 1 8 9 | 53 16 11 |
| 15th | 2 13 8 | 2 1 10 | 0 11 10 | 92 7 5 | 56th | 2 13 8 | 1 4 3 | 1 9 5 | 52 7 6 |
| 16th | 2 13 8 | 2 1 7 | 0 12 1 | 91 15 4 | 57th | 2 13 8 | 1 3 7 | 1 10 1 | 50 17 5 |
| 17th | 2 13 8 | 2 1 4 | 0 12 4 | 91 3 0 | 58th | 2 13 8 | 1 2 11 | 1 10 9 | 49 6 8 |
| 18th | 2 13 8 | 2 1 0 | 0 12 8 | 90 10 4 | 59th | 2 13 8 | 1 2 3 | 1 11 5 | 47 15 3 |
| 19th | 2 13 8 | 2 0 9 | 0 12 11 | 89 17 5 | 60th | 2 13 8 | 1 1 6 | 1 12 2 | 46 3 1 |
| 20th | 2 13 8 | 2 0 6 | 0 13 2 | 89 4 3 | 61st | 2 13 8 | 1 0 9 | 1 12 11 | 44 10 2 |
| 21st | 2 13 8 | 2 0 2 | 0 13 6 | 88 10 9 | 62nd | 2 13 8 | 1 0 0 | 1 13 8 | 42 16 6 |
| 22nd | 2 13 8 | 1 19 10 | 0 13 10 | 87 16 11 | 63rd | 2 13 8 | 0 19 3 | 1 14 5 | 41 2 1 |
| 23rd | 2 13 8 | 1 19 7 | 0 14 1 | 87 2 10 | 64th | 2 13 8 | 0 18 6 | 1 15 2 | 39 6 11 |
| 24th | 2 13 8 | 1 19 3 | 0 14 5 | 86 8 5 | 65th | 2 13 8 | 0 17 9 | 1 15 11 | 37 11 0 |
| 25th | 2 13 8 | 1 18 11 | 0 14 9 | 85 13 8 | 66th | 2 13 8 | 0 16 11 | 1 16 9 | 35 14 3 |
| 26th | 2 13 8 | 1 18 7 | 0 15 1 | 84 18 7 | 67th | 2 13 8 | 0 16 1 | 1 17 7 | 33 16 8 |
| 27th | 2 13 8 | 1 18 3 | 0 15 5 | 84 3 2 | 68th | 2 13 8 | 0 15 3 | 1 18 5 | 31 18 3 |
| 28th | 2 13 8 | 1 17 11 | 0 15 9 | 83 7 5 | 69th | 2 13 8 | 0 14 4 | 1 19 4 | 29 18 11 |
| 29th | 2 13 8 | 1 17 6 | 0 16 2 | 82 11 3 | 70th | 2 13 8 | 0 13 6 | 2 0 2 | 27 18 9 |
| 30th | 2 13 8 | 1 17 2 | 0 16 6 | 81 14 9 | 71st | 2 13 8 | 0 12 7 | 2 1 1 | 25 17 8 |
| 31st | 2 13 8 | 1 16 10 | 0 16 10 | 80 17 11 | 72nd | 2 13 8 | 0 11 8 | 2 2 0 | 23 15 8 |
| 32nd | 2 13 8 | 1 16 5 | 0 17 3 | 80 0 8 | 73rd | 2 13 8 | 0 10 9 | 2 2 11 | 21 12 9 |
| 33rd | 2 13 8 | 1 16 0 | 0 17 8 | 79 3 0 | 74th | 2 13 8 | 0 9 9 | 2 3 11 | 19 8 10 |
| 34th | 2 13 8 | 1 15 8 | 0 18 0 | 78 5 0 | 75th | 2 13 8 | 0 8 9 | 2 4 11 | 17 3 11 |
| 35th | 2 13 8 | 1 15 3 | 0 18 5 | 77 6 7 | 76th | 2 13 8 | 0 7 9 | 2 5 11 | 14 18 0 |
| 36th | 2 13 8 | 1 14 10 | 0 18 10 | 76 7 9 | 77th | 2 13 8 | 0 6 9 | 2 6 11 | 12 11 1 |
| 37th | 2 13 8 | 1 14 5 | 0 19 3 | 75 8 6 | 78th | 2 13 8 | 0 5 8 | 2 8 0 | 10 3 1 |
| 38th | 2 13 8 | 1 13 11 | 0 19 9 | 74 8 9 | 79th | 2 13 8 | 0 4 7 | 2 9 1 | 7 14 0 |
| 39th | 2 13 8 | 1 13 6 | 1 0 2 | 73 8 7 | 80th | 2 13 8 | 0 3 6 | 2 10 2 | 5 3 10 |
| 40th | 2 13 8 | 1 13 1 | 1 0 7 | 72 8 0 | 81st | 2 13 8 | 0 2 4 | 2 11 4 | 2 12 6 |
| 41st | 2 13 8 | 1 12 7 | 1 1 1 | 71 6 11 | 82nd | 2 13 8 | 0 1 2 | 2 12 6 | .. |
J. F. ANDREWS,
Clerk of the Executive Council.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1916, No 107
NZLII —
NZ Gazette 1916, No 107
✨ LLM interpretation of page content
💰 Regulation under the Local Bodies’ Loans Act, 1913
💰 Finance & Revenue18 September 1916
Local Bodies’ Loans Act, Loan Terms, Interest Rates, Repayment Schedule
- Liverpool, Governor
- J. F. Andrews, Clerk of the Executive Council