Local Authority Loan Consents




MAY 17.] THE NEW ZEALAND GAZETTE. 2053

shall operate accordingly as a consent of the Governor in Council to the raising of the loans hereby authorized.

SCHEDULE.

Column B.
£
Lyttelton Borough Council .. .. .. 5,000
Christchurch City Council .. .. .. 6,100
Palmerston North Borough Council .. .. .. 10,200
Thames County Council .. .. .. 31,350
" .. .. .. 4,000
" .. .. .. 3,700

J. F. ANDREWS,
Clerk of the Executive Council

Consenting to the Raising of Loans by certain Local Authorities.

LIVERPOOL, Governor.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this seventh day of May, 1917.

Present:

THE HONOURABLE SIR JAMES ALLEN, K.C.B., PRESIDING IN COUNCIL.

WHEREAS by section twenty-six, subsection one, of the Appropriation Act, 1915, it is provided that, notwithstanding any Act to the contrary, it shall not be lawful or competent for any local authority or for any Harbour Board, during the present war with Germany, to borrow or contract to borrow any money (otherwise than by way of bank overdraft within the limit of its powers, if any, in that behalf) whether from the State Advances Office or from any other source whatever, and whether in pursuance of a special Act or under any other authority whatever, without the precedent consent of the Governor in Council :

And whereas application has been made for the consent of the Governor in Council to enable the several local authorities mentioned in the Schedule hereto to borrow the loans set out in column B therein: And whereas it is expedient that the precedent consent of the Governor in Council should issue:

Now, therefore, 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 consent to the borrowing of the loans hereinafter mentioned by the several local authorities set out in the Schedule hereto; provided that the rate of interest at which the loans or any of them are to be raised shall in no case produce to the lender a return exceeding five and one-quarter pounds per centum per annum; and it is hereby declared that this Order in Council is made under the provisions in that behalf of the Appropriation Act, 1915, and shall operate accordingly as a consent of the Governor in Council to the raising of the loans hereby authorized.

SCHEDULE.

Column B.
£
Hobson County Council .. .. .. 600
Gisborne Borough Council .. .. .. 50,000
Petone Fire Board .. .. .. 1,900
Auckland Harbour Board .. .. .. 25,000
" .. .. .. 27,400
" .. .. .. 136,300

J. F. ANDREWS,
Clerk of the Executive Council

Consenting to the Raising of Loans by certain Local Authorities from the State Advances Department.

LIVERPOOL, Governor.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this seventh day of May, 1917.

Present:

THE HONOURABLE SIR JAMES ALLEN, K.C.B., PRESIDING IN COUNCIL.

WHEREAS by section twenty-six, subsection one, of the Appropriation Act, 1915, it is provided that, notwithstanding any Act to the contrary, it shall not be lawful or competent for any local authority or for any Harbour Board, during the present war with Germany, to borrow or contract to borrow any money (otherwise than by way of bank overdraft within the limit of its powers, if any, in that behalf) whether from the State Advances Office or from any other source whatever, and whether in pursuance of a special Act or under any other authority whatever, without the precedent consent of the Governor in Council :

And whereas application has been made for the consent of the Governor in Council to enable the several local authorities mentioned in the Schedule hereto to borrow the sums set opposite the names of the said local authorities respectively, for the several purposes specified in the said Schedule from the State Advances Office:

And whereas it is expedient that the precedent consent of the Governor in Council should issue:

Now, therefore, 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 consent to the borrowing from the State Advances Department of the loans hereinafter mentioned by the several local authorities set out in the Schedule hereto, for the purposes specified in the said Schedule; and it is hereby declared that this Order in Council is made under the provisions in that behalf of the Appropriation Act, 1915, and shall operate accordingly as a consent of the Governor in Council to the raising of the loans hereby authorized.

SCHEDULE.

Mangonui County Council, £2,000: For repairing roads, culverts, and bridges damaged by flood.
Manawatu County Council, £700: For forming and metalling Koputaru Road.
Whangamomona County Council, £250: For constructing three bridges across the Whangamomona stream on the Whangamomona Road.
Tumu-Kaituna Land Drainage Board, £3,250: For widening and deepening existing drains and making new drains.
Hautapu Drainage Board, £400: For constructing drainage works.

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

Consenting to the Borrowing of Moneys by Way of Temporary Loan within the Limits prescribed by Section 96 of the Municipal Corporations Act, 1908, by the Council of the Borough of Oamaru.

LIVERPOOL, Governor.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this seventh day of May, 1917.

Present:

THE HONOURABLE SIR JAMES ALLEN, K.C.B., PRESIDING IN COUNCIL.

WHEREAS by section twenty-six, subsection one, of the Appropriation Act, 1915, it is provided that, notwithstanding any Act to the contrary, it shall not be lawful or competent for any local authority or for any Harbour Board, during the present war with Germany, to borrow or contract to borrow any money (otherwise than by way of bank overdraft within the limit of its powers, if any, in that behalf) whether from the State Advances Office or from any other source whatever, and whether in pursuance of a special Act or under any other authority whatever, without the precedent consent of the Governor in Council :

And whereas application has been made for the consent of the Governor in Council to enable the Oamaru Borough Council to borrow moneys from any corporation or persons by way of temporary loan within the limits set out in section ninety-six of the Municipal Corporations Act, 1908 :

And whereas it is expedient that the precedent consent of the Governor in Council should issue:

Now, therefore, 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 consent to the borrowing by the Oamaru Borough Council of moneys by way of temporary loan within the limits prescribed by section ninety-six of the Municipal Corporations Act, 1908; and it is hereby declared that this Order in Council is made under the provisions in that behalf of the Appropriation Act, 1915, and shall operate accordingly as a consent of the Governor in Council to the borrowing hereby authorized.

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



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1917, No 86


NZLII PDF NZ Gazette 1917, No 86





✨ LLM interpretation of page content

💰 Consent to Raising of Loans by Local Authorities (continued from previous page)

💰 Finance & Revenue
7 May 1917
Loans, Local Authorities, Appropriation Act, Financial Consent
  • J. F. Andrews, Clerk of the Executive Council

💰 Consent to Raising of Loans by Local Authorities from State Advances Department

💰 Finance & Revenue
7 May 1917
Loans, Local Authorities, State Advances Department, Financial Consent
  • J. F. Andrews, Clerk of the Executive Council

💰 Consent to Borrowing of Moneys by Oamaru Borough Council

💰 Finance & Revenue
7 May 1917
Loans, Oamaru Borough Council, Municipal Corporations Act, Financial Consent
  • J. F. Andrews, Clerk of the Executive Council