May 11.] THE NEW ZEALAND GAZETTE. 1273

Prescribing the Rate of Interest that may be paid by the Lower
Hutt Borough Council in respect of £6,000, being Part of a
Loan authorized to be raised for Gasworks.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 1st day
of May, 1922.
Present:
THE RIGHT HONOURABLE W. F. MASSEY, P.C., PRESIDING
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 Lower Hutt Borough Council has been
authorized to borrow the sum of sixty-four thousand pounds
for gasworks, and is now desirous of borrowing the sum of six
thousand pounds, being part of the sixty-four thousand pounds,
within the Dominion 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 sum of six thousand pounds may be borrowed be increased
to not exceeding six and a half 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 Lower Hutt Borough Council in respect of the
said loan of six thousand pounds shall be a rate not exceeding
six and a half per centum per annum, and the said Lower
Hutt Borough Council is hereby authorized to borrow the
said sum of six thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the
Matakaoa County Council in respect of £9,000, being the
Balance of a Loan of £30,000 authorized to be raised for
Harbour-works at Hicks Bay.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 1st day
of May, 1922.
Present:
THE RIGHT HONOURABLE W. F. MASSEY, P.C., PRESIDING
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 Matakaoa County Council has been
authorized to borrow the sum of thirty thousand pounds
for harbour-works at Hicks Bay, and is now desirous of
borrowing nine thousand pounds, being the balance of the
thirty 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 nine thousand pounds may be borrowed beyond the
Dominion 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 beyond the Dominion by the Matakaoa County Council
in respect of the said nine thousand pounds shall be a rate
not exceeding seven per centum per annum, and the said
Matakaoa County Council is hereby authorized to borrow the
said sum of nine thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the Nelson
City Council in respect of a Loan of £21,800 for Renewal
of the Gas and Water Loan.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 1st day
of May, 1922.
Present:
THE RIGHT HONOURABLE W. F. MASSEY, P.C., PRESIDING
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 Nelson City Council has been authorized
to borrow the sum of twenty-one thousand eight hundred
pounds for renewal of the Gas and Water Loan, and is desirous
of increasing the rate of interest payable thereon:
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
and a half 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 Nelson City Council in respect of the said loan
of twenty-one thousand eight hundred pounds shall be a rate
not exceeding six and a half per centum per annum, and the
said Nelson City Council is hereby authorized to borrow the
said sum of twenty-one thousand eight hundred pounds
accordingly.
F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Term for which the Opunake Electric-power
Board may borrow the Sum of £24,000, being Portion of a
Loan of £70,000 authorized for Hydro-electric Works, and
also the Rate of Interest payable thereon.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 1st day
of May, 1922.
Present:
THE RIGHT HONOURABLE W. F. MASSEY, P.C., PRESIDING
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 Opunake Electric-power Board has been
authorized by the ratepayers to borrow the sum of seventy
thousand pounds for a term of thirty-six and a half years,
and now proposes to borrow the sum of twenty-four
thousand pounds (being portion of the seventy thousand
pounds) for a term of ten years and at a rate of interest not
exceeding six and a half per centum per annum: