thing 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 Wanganui Borough Council is authorized
to borrow the sum of twenty-five thousand pounds for drainage
extension and waterworks, and is now desirous of borrowing
the sum of sixteen thousand five hundred pounds, being
the balance of the loan of twenty-five 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 sum of
sixteen thousand five 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 Wanganui Borough Council in respect of the said
loan of sixteen thousand five hundred pounds shall be a rate
not exceeding six per centum per annum, and the said
Wanganui Borough Council is hereby authorized to borrow
the said sum of sixteen thousand five hundred pounds
accordingly.
F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the Auckland
and Suburban Drainage Board in respect of £25,000, being
part of a Loan of £50,000 authorized to be raised for
Drainage-works.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 26th day of
June, 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 under section five of the Auckland City Loans
Consolidation and Empowering Act, 1921, the Auckland City
Council is authorized to lend to the Auckland and Suburban
Drainage Board, and the said Drainage Board is authorized
to borrow from the Council, out of the consolidated loan of
five hundred thousand pounds, the sum of fifty thousand
pounds for the purpose of carrying out certain drainage-
works upon such terms and conditions as may be agreed upon
between the Council and the said Drainage Board:
And whereas the drainage Board has agreed with the City
Council to accept an instalment of twenty-five thousand
pounds of the loan at a rate of interest which will return to
the Council six pounds ten shillings and ninepence per centum,
this being the rate at which the money was raised by the
Council 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 said twenty-
five thousand pounds may be borrowed be increased to not
exceeding six pounds ten shillings and ninepence 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 Auckland and Suburban Drainage Board in
respect of the said twenty-five thousand pounds shall be a
rate not exceeding six pounds ten shillings and ninepence
per centum per annum, and the said Auckland and Suburban
Drainage Board is hereby authorized to borrow the said sum
of twenty-five thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the Wai-
matuku River Board in respect of a Loan of £8,000 authorized
to be raised for River-improvement Works.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 26th day of
June, 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 Waimatuku River Board has been authorized
to borrow the sum of eight thousand pounds for river-
improvement works at five and a half per centum per annum:
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
eight thousand 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 Waimatuku River Board in respect of the said loan
of eight thousand pounds shall be a rate not exceeding six
per centum per annum, and the said Waimatuku River
Board is hereby authorized to borrow the said sum of eight
thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Term for which the Hamilton Borough Council
may borrow the Sum of £44,400, being Part of a Loan of
£110,000 authorized to be raised for Drainage-works.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 26th day of
June, 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 Hamilton Borough Council has been
authorized to borrow the sum of one hundred and ten
thousand pounds for drainage-works for a term of thirty-five
years, and is now desirous of borrowing the sum of forty-four
thousand four hundred pounds, being part of the one
hundred and ten thousand pounds, for a term of ten 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 forty-four
thousand four hundred pounds may be borrowed be reduced
to ten years: