✨ Loan Interest Rate Orders
2152
and it is desired that the rate of interest at which the said one
hundred thousand pounds may be borrowed be increased to
not exceeding seven 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 Whangarei Harbour Board in respect of the said one
hundred thousand pounds shall be a rate not exceeding seven
per centum, and the said Whangarei Harbour Board is hereby
authorized to borrow the said sum of one hundred thousand
pounds beyond New Zealand accordingly.
C. A. JEFFERY,
Acting Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Rangiora
County Council in respect of a Loan of £500 for carrying out
Electrical Reticulation, erecting Mains, &c., for supplying
the County with Electric Power.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 15th day of
August, 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 Rangiora County Council has been authorized to borrow the sum of five thousand pounds for carrying
out electrical reticulation, erecting mains, &c., for supplying
the county with electric power, and is now desirous of borrowing an additional five 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 not exceeding 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 Rangiora County Council in respect of the loan of five
hundred pounds shall be a rate not exceeding five and three-quarters per centum, and the said Rangiora County Council
is hereby authorized to borrow the sum of five hundred pounds
accordingly.
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 £10,000, 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 15th day of
August, 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 Rangitikei County Council has been authorized to borrow the sum of forty thousand pounds for
the formation and metalling of roads, the erection of bridges,
and the acquisition of machinery and plant, and is now desirous of borrowing the sum of ten thousand pounds, being
part of the forty thousand pounds, at an increased rate of
interest:
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
ten thousand pounds may be borrowed be increased to six
per centum:
C. A. JEFFERY,
Acting Clerk of the Executive Council.
Prescribing the Rate of Interest to be paid by the Napier Borough Council in respect of Loans of £60,100 and £29,100
authorized to be raised for Electric-power Plant, Tramway-track, &c., and Sewers, Sewerage-works, and Waterworks.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 15th day of
August, 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 Napier Borough Council has been authorized to borrow the sums of sixty thousand one hundred
pounds for the purchase and installation of electric-power plant, tramway-track, &c., and twenty-nine thousand one
hundred pounds for the construction of sewers, sewerage-works, and waterworks, and is now desirous of borrowing the
money at an increased rate of interest:
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
sixty thousand one hundred pounds and the said twenty-nine
thousand one hundred pounds may be borrowed be increased
to not exceeding six and a half per centum:
C. A. JEFFERY,
Acting Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the
Palmerston North Borough Council in respect of a Loan
of £10,000 for the Purpose of completing the Gasworks
Undertaking.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 15th day of
August, 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:
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1921, No 77
NZLII —
NZ Gazette 1921, No 77
✨ LLM interpretation of page content
💰
Prescribing the Rate of Interest to be paid by the Whangarei Harbour Board
(continued from previous page)
💰 Finance & Revenue15 August 1921
Loan, Interest Rate, Whangarei Harbour Board, Harbour Improvements
- C. A. Jeffery, Acting Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Rangiora County Council Loan
💰 Finance & Revenue15 August 1921
Loan, Interest Rate, Rangiora County Council, Electrical Reticulation
- C. A. Jeffery, Acting Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Rangitikei County Council Loan
💰 Finance & Revenue15 August 1921
Loan, Interest Rate, Rangitikei County Council, Road Formation, Bridges
- C. A. Jeffery, Acting Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Napier Borough Council Loans
💰 Finance & Revenue15 August 1921
Loan, Interest Rate, Napier Borough Council, Electric Power, Tramway, Sewers
- C. A. Jeffery, Acting Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Palmerston North Borough Council Loan
💰 Finance & Revenue15 August 1921
Loan, Interest Rate, Palmerston North Borough Council, Gasworks
- C. A. Jeffery, Acting Clerk of the Executive Council