FEB. 16.

THE NEW ZEALAND GAZETTE. 469

passed by the Wellington City Council on the thirteenth day
of October, one thousand nine hundred and twenty-one, viz.:—
“The Wellington City Council, being the local authority
having control of the streets in the City of Wellington,
hereby declares that the provisions of section one hundred
and seventeen of the Public Works Act, 1908, shall not
apply to all that portion of the western side of Princess
Terrace beginning at a point 136·3 links from its junction
with Horner Street and extending for a distance of 55·56
links, being whole frontage of lot comprised in certificate
of title 133/11, part of Town Section 877, City of Wellington”;
subject to the condition that no building or part of a building
shall at any time be erected on the western side of the portion
of Princess Terrace described in the Schedule hereto within
a distance of thirty-three feet from the centre-line of the said
portion of street.

SCHEDULE.
ALL that portion of the western side of Princess Terrace, in
the Wellington Land District, City of Wellington, beginning
at a point 136·3 links from its junction with Horner Street
and extending for a distance of 55·56 links, being whole
frontage of lot comprised in certificate of title 133/11, part
of Town Section 877, City of Wellington. As the said portion
of street is more particularly delineated on the plan marked
P.W.D. 53068, deposited in the office of the Minister of Public
Works at Wellington, in the Wellington Land District, and
thereon coloured red.

F. D. THOMSON,
Clerk of the Executive Council.

Investment of Part of Balances of Public Trust Office Accounts
in Securities.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 13th day of
February, 1922.
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
WHEREAS by section ninety-one of the Public Revenues
Act, 1910, it is provided that it shall be lawful to
invest any part of the balances of the accounts of the Public
Trust Office in any securities which shall be declared by the
Governor-General by Order in Council to be securities in
which such balances may be invested:
And whereas it is expedient that provision should be made
for the temporary investment in the United Kingdom of part
of the balance from time to time at credit of the New Zealand
Public Trust Office Account:
Now, therefore, in pursuance and in exercise of the powers
conferred on him by the aforesaid Act, and of all other powers
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
Dominion, doth hereby declare that the deposit receipt for
moneys deposited for a fixed period with any incorporated
bank shall be deemed to be a security in which any part of
the balance of the New Zealand Public Trust Office Account
may be invested.

F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Term for which the Napier Borough Council
may borrow the Sum of £5,000, being Part of a Loan of
£29,100 for the Construction of Sewage and Waterworks, &c.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 13th day of
February, 1922.
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
WHEREAS section eleven of the Finance Act, 1921, as
amended by section six of the Local Bodies' Loans
Amendment 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, whether the rate of interest or the term
of years of the loan was or was not specified or determined,
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 sum of twenty-nine thousand one
hundred pounds for the construction of sewage and water-
works, &c., bearing interest at five and one-half per centum,
and for a term not exceeding fifty years, and is now desirous
of borrowing five thousand pounds, being part of the twenty-
nine thousand one hundred pounds, for a term of thirty-six
and a half years:
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 five thousand
pounds may be borrowed be amended to thirty-six and a
half years:
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 Napier
Borough Council may borrow the said sum of five thousand
pounds shall be thirty-six and a half years, and the said
Napier Borough Council is hereby authorized to borrow the
said sum of five thousand pounds accordingly.

F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the New
Plymouth Borough Council in respect of a Loan of £142,000
for repaying Maturing Loans.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 13th day of
February, 1922.
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
WHEREAS section eleven of the Finance Act, 1921, as
amended by section six of the Local Bodies' Loans
Amendment 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, whether the rate of interest or the term
of years of the loan was or was not specified or determined,
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 New Plymouth Borough Council has
been authorized to borrow the sum of one hundred and forty-
two thousand pounds for repaying maturing loans, and now
proposes to endeavour to obtain the money beyond New
Zealand:
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 seven 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 New Plymouth Borough Council in respect of the loan
of one hundred and forty-two thousand pounds shall be a
rate not exceeding seven per centum per annum, and the said
New Plymouth Borough Council is hereby authorized to
borrow the said sum of one hundred and forty-two thousand
pounds beyond New Zealand accordingly.

F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the New
Plymouth Borough Council in respect of a Loan of £9,000
authorized to be raised for Additions to the Electric Light
and Power Works.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 13th day of
February, 1922.
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
WHEREAS section eleven of the Finance Act, 1921, as
amended by section six of the Local Bodies’ Loans
Amendment 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, whether the rate of interest or the term
of years of the loan was or was not specified or determined,