1582
THE NEW ZEALAND GAZETTE.
[No. 58

to enable the several local authorities mentioned in the Schedule hereto to borrow the sums set out therein, and it is expedient that such consent should issue :

Now, therefore, His Excellency the Governor-General 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 raising 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-half 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 Finance Act, 1919, and shall operate accordingly as a consent of the Governor-General in Council to the raising of the loans hereby authorized.

SCHEDULE.

Feilding Borough Council (for completing water-supply)
Feilding Borough Council (for renewal of a loan)
Stratford County Council (for metalling part of Cross Road)
Rangiora County Council (for completing electric-power works).
Inglewood County Council (for draining and forming Norfolk Road West)

C. A. JEFFERY,
Acting Clerk of the Executive Council.

Prescribing the Rate of Interest to be paid by the Eyre County Council in respect of a Loan of £2,000 to be raised for the Extension of the Electric Reticulation.

JELLICOE, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 13th day of June, 1921.

Present :

THE HONOURABLE SIR F. H. D. BELL, K.C.M.G., PRESIDING IN COUNCIL.

WHEREAS section eleven of the Finance Act, 1921, provides that, notwithstanding anything to the contrary in any Act or in any rule of law, where a local authority or public body has been authorized before the passing of the said Act, or is thereafter authorized, to borrow money, whether pursuant to a poll of ratepayers or otherwise howsoever, at a specified rate of interest, or for a specified term exceeding ten years, and such money or any part thereof has not been borrowed, the local authority may, with the precedent consent of the Minister of Finance, borrow such money or such amount thereof as has not been borrowed at such rate of interest, or for such term not less than ten years, as may be prescribed by the Governor-General by Order in Council :

And whereas the Eyre County Council has been authorized to borrow the sum of two thousand pounds for the extension of electric reticulation at five and a half per centum, and is unable to obtain the money at this rate :

And whereas the Minister of Finance has given his precedent consent as required by the above-recited section eleven, and it is desired that the rate of interest at which the money may be borrowed be increased to five and three-quarters per centum :

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby prescribe that the rate of interest that may be paid by the Eyre County Council in respect of the loan of two thousand pounds shall be five and three-quarters per centum, and the said Eyre County Council is hereby authorized to borrow the sum of two thousand pounds at this rate.

C. A. JEFFERY,
Acting Clerk of the Executive Council.

Prescribing the Term for which the Palmerston North Borough Council may borrow Moneys amounting to £133,800 for Various Purposes, and also the Rate of Interest payable thereon.

JELLICOE, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 13th day of June, 1921.

Present :

THE HONOURABLE SIR F. H. D. BELL, K.C.M.G., PRESIDING IN COUNCIL.

WHEREAS section eleven of the Finance Act, 1921, provides that, notwithstanding anything to the contrary in any Act or in any rule of law, where a local authority or public body has been authorized before the passing of the said Act, or is thereafter authorized, to borrow money, whether pursuant to a poll of ratepayers or otherwise howsoever, at a specified rate of interest, or for a specified term exceeding ten years, and such money or any part thereof has not been borrowed, the local authority may, with the precedent consent of the Minister of Finance, borrow such money, or such amount thereof as has not been borrowed, at such rate of interest, or for such term not less than ten years, as may be prescribed by the Governor-General by Order in Council :

And whereas the Palmerston North Borough Council has been authorized to borrow thirty-nine thousand five hundred pounds for public works, seven thousand three hundred pounds for purchasing municipal buildings site, one hundred thousand pounds for electric lighting, nine thousand pounds for purchasing four omnibuses, and one hundred thousand pounds for gasworks, of which loans the sums of twenty-two thousand five hundred pounds, seven thousand three hundred pounds, ninety thousand pounds, nine thousand pounds, and fifteen thousand pounds have not yet been borrowed, and the Borough Council is unable to obtain the same for the terms specified or at the rates of interest stated :

And whereas the Minister of Finance has given his precedent consent as required by the above-recited section eleven, and it is desired that the term for which the said moneys may be borrowed be amended to ten years, and the rate of interest be increased to six per centum in each case :

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby prescribe that the term for which the said loans or parts of loans which have not yet been raised may be borrowed by the Palmerston North Borough Council shall be ten years, and the rate of interest in each case shall be six per centum per annum, and the said Palmerston North Borough Council is hereby authorized to borrow each of the said amounts for that term and at that rate of interest.

C. A. JEFFERY,
Acting Clerk of the Executive Council.

Amended Regulations under the Education Act, 1914, relating to the Organization, Examination, and Inspection of Public Schools, and the Syllabus of Instruction.

JELLICOE, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, the 13th day of June, 1921.

Present :

THE HONOURABLE SIR F. H. D. BELL, K.C.M.G., PRESIDING IN COUNCIL.

IN pursuance and exercise of the powers and authorities vested in him by the Education Act, 1914, and the amendments of that Act, and all other powers and authorities enabling him in this behalf, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said