2216

THE NEW ZEALAND GAZETTE.

[No. 61

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 Motueka Harbour Board is authorized
by the Motueka Harbour Act, 1905, as amended, to borrow
the sum of twenty-eight thousand pounds for constructing
harbour-works :
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 sum of six thousand pounds (being the balance of the
said loan of twenty-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 Motueka Harbour Board in respect of the said
loan of six thousand pounds shall be a rate not exceeding
six per centum per annum, and the said Motueka Harbour
Board is hereby authorized to borrow the said sum of six
thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Term for which the Stratford Borough Council may borrow the sum of £10,000, being Part of a Loan of
£129,500 authorized to be raised for Drainage, Water, Streets,
&c., and also the Rate of Interest payable thereon.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 7th day of
August, 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 Stratford Borough Council has been authorized to borrow the sum of one hundred and twenty-nine thousand five hundred pounds for drainage and water-works, streets, &c., for a term of thirty-six and a half years,
and at five and a half per centum interest, and is now desirous of borrowing ten thousand pounds, being part of the
one hundred and twenty-nine thousand five hundred pounds,
for a reduced term and 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 term for which the said
ten thousand pounds may be borrowed be reduced to ten
years and the rate of interest payable thereon 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 term for which the Stratford
Borough Council may borrow the said sum of ten thousand
pounds shall be ten years, and the rate of interest payable
thereon shall be a rate not exceeding six per centum per
annum, and the said Stratford Borough Council is hereby
authorized to borrow the said sum of ten thousand pounds on
these terms.

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

Prescribing the Rate of Interest that may be paid by the Pahiatua County Council in respect of a Loan of £3,100 authorized to be raised for repaying its Antecedent Liability.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 7th day of
August, 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 Pahiatua County Council has been authorized to borrow the sum of three thousand one hundred
pounds for repaying its antecedent liability :
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 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 Pahiatua County Council in respect of the said
loan of three thousand one hundred pounds shall be a rate
not exceeding six per centum per annum, and the said Pahiatua
County Council is hereby authorized to borrow the said sum
of three thousand one hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the Ohinemuri County Council in respect of a Loan of £4,200 authorized to be raised for paying off the Council's Antecedent Liability.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 7th day of
August, 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 Ohinemuri County Council has been
authorized to borrow the sum of four thousand two hundred
pounds for paying off its antecedent liability :
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 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 Ohinemuri County Council in respect of the said
loan of four thousand two hundred pounds shall be a rate not
exceeding six per centum per annum, and the said Ohinemuri
County Council is hereby authorized to borrow the said sum
of four thousand two hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.