1648
THE NEW ZEALAND GAZETTE.
[No. 61

it is desired that the rate of interest at which the said five thousand two hundred and fifty pounds may be borrowed be increased to six 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 Sumner Borough Council in respect of the said five thousand two hundred and fifty pounds shall be six per centum, and the said Sumner Borough Council is hereby authorized to borrow the sum of five thousand two hundred and fifty pounds at this rate.

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

Prescribing the Rate of Interest to be paid by the Gore Borough Council in respect of a Loan of £1,200 for the Purpose of completing the Reconstruction and Extension of the Electric Light and Power Works.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 27th day of June, 1921.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL 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 Gore Borough Council has been authorized to borrow the sum of twelve thousand pounds for reconstructing and extending the electric light and power works at five and a quarter per centum, and is now desirous of borrowing an additional one thousand two hundred pounds under the authority of section eighteen of the Local Bodies' Loans Act, 1913:

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 Gore Borough Council in respect of the loan of one thousand two hundred pounds shall be five and three-quarters per centum, and the said Gore Borough Council is hereby authorized to borrow the sum of one thousand two hundred pounds at this rate.

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

Prescribing the Rate of Interest to be paid by the Masterton Borough Council in respect of a Loan of £3,200 for Drainage Extension Works.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 27th day of June, 1921.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL 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 Masterton Borough Council has been authorized to borrow the sum of thirty-two thousand pounds at five and a quarter per centum, and is now desirous of borrowing an additional three thousand two hundred pounds under the authority of section eighteen of the Local Bodies' Loans Act, 1913:

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 Masterton Borough Council in respect of the loan of three thousand two hundred pounds shall be five and three-quarters per centum, and the said Masterton Borough Council is hereby authorized to borrow the sum of three thousand two hundred pounds at this rate.

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

Prescribing the Rate of Interest to be paid by the Waiapu County Council in respect of a Loan of £5,500, authorized to be raised for the Purchase of Machinery for Roadmaking and Repairing Purposes.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 27th day of June, 1921.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL 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 Waiapu County Council has been authorized to borrow the sum of six thousand five hundred pounds for the purchase of machinery for roadmaking purposes, but has been unable to obtain the money:

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 said six thousand five hundred pounds 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 Waiapu County Council in respect of the said loan of six thousand five hundred pounds shall be five and three-quarters per centum, and the said Waiapu County Council is hereby authorized to borrow the said sum of six thousand five hundred pounds at this rate.

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

Prescribing the Rate of Interest to be paid by the Rangitikei County Council in respect of £20,000, being part of a Loan of £40,000 authorized to be raised for the Formation and Metalling of Roads, the Erection of Bridges, and the Acquisition of Machinery and Plant.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 27th day of June, 1921.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL 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