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 Auckland Harbour Board is empowered, under
section three of the Auckland Harbour Board Loan and Empowering
Act, 1919, to borrow the sum of one million pounds for certain
harbour-works at such rate of interest as will produce to the
lender a return not exceeding five and a half per centum per
annum, and is desirous of borrowing two hundred and fifty
thousand pounds, being part of the one million pounds, beyond
New Zealand 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 two
hundred and fifty 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 Auckland Harbour Board in respect of the said two hundred
and fifty thousand pounds shall be a rate not exceeding seven
per centum, and the said Auckland Harbour Board is hereby
authorized to borrow the said sum of two hundred and fifty
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 Raglan
County Council in respect of a Loan of £1,200 for purchasing Plant
and Machinery for Road-construction.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 12th day of September,
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 Raglan County Council has been authorized to
borrow the sum of twelve thousand pounds for purchasing plant and
machinery for road-construction, and is now desirous of borrowing
an additional twelve 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 six per centum per annum:

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 Raglan
County Council in respect of the loan of twelve hundred pounds
shall be at a rate not exceeding six per centum, and the said
Raglan County Council is hereby authorized to borrow the said sum
of twelve hundred pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the
Invercargill Borough Council in respect of £1,300, being the
Balance of a Loan of £2,000 authorized to be raised for Sewerage-
works.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 12th day of September,
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 Invercargill Borough Council has been authorized
to borrow the sum of two thousand pounds for sewerage-works, and
is now desirous of borrowing the sum of thirteen hundred pounds,
being the balance of the two 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 thirteen
hundred pounds may be borrowed be increased to not exceeding six
per centum per annum:

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
Invercargill Borough Council in respect of the said thirteen
hundred pounds shall be a rate not exceeding six per centum, and
the said Invercargill Borough Council is hereby authorized to
borrow the said sum of thirteen hundred pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Timaru
Borough Council in respect of a Loan of £5,000 for Electric Light
and Power Works.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 12th day of September,
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 Timaru Borough Council has been authorized to
borrow the sum of fifty thousand pounds for electric light and
power works at a rate of interest not exceeding five per centum
per annum, and is now desirous of borrowing an additional five
thousand 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 six per centum per annum:

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 Timaru
Borough Council in respect of the loan of five thousand pounds
shall be a rate not exceeding six