2328

THE NEW ZEALAND GAZETTE.

[No. 65

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 Lake County Council has been authorized
to borrow the sum of three thousand pounds for the purpose
of liquidating its antecedent liability:

And whereas the Minister of Finance has given his pre-
cedent consent as required by the above-recited section
eleven, and it is desired that the rate of interest at which
the said three thousand pounds 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 Lake County Council in respect of the said three
thousand pounds shall be a rate not exceeding six per centum
per annum, and the said Lake County Council is hereby
authorized to borrow the said sum of three thousand pounds
accordingly.

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

Prescribing the Rate of Interest that may be paid by the
Wellington City Council in respect of a Loan of £10,000
authorized to be raised for the Purpose of providing Funds
for the Repayment of all Compensation-moneys or Purchase-
moneys payable in respect of Land taken or purchased under
the Provisions of the Wellington City Milk-supply Act, 1919.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 28th 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 any-
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 deter-
mined, and such money or any part thereof has not been
borrowed, the local authority may, with the precedent con-
sent 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 Wellington City Council is authorized
to borrow the sum of ten thousand pounds for providing
funds for the repayment of all compensation-moneys or
purchase-moneys payable in respect of land taken or pur-
chased under the provisions of the Wellington City Milk-
supply Act, 1919:

And whereas the Minister of Finance has given his pre-
cedent consent as required by the above-recited section
eleven, and it is desired that the rate of interest at which
the said ten thousand pounds 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 Wellington City Council in respect of the said
loan of ten thousand pounds shall be a rate not exceeding
six per centum per annum, and the said Wellington City
Council is hereby authorized to borrow the said sum of ten
thousand pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Cook
County Council in respect of a Loan of £16,000 authorized
to be raised for paying off its Antecedent Liability.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 28th day of
August, 1922.

Present:

HIS EXCELLENCE 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 any-
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 det

minated, 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 Cook County Council has been authorized
to borrow the sum of sixteen thousand pounds for paying off
its antecedent liability:

And whereas the Minister of Finance has given his pre-
cedent 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 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 Cook County Council in respect of the said loan
of sixteen thousand pounds shall be a rate not exceeding
six and a half per centum per annum, and the said Cook
County Council is hereby authorized to borrow the said sum
of sixteen thousand pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Ohai
Railway Board in respect of a Loan of £20,000 authorized
to be raised for liquidating its Antecedent Liability.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 28th day of
August, 1922.

Present:

HIS EXCELLENCE 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 any-
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 deter-
mined, and such money or any part thereof has not been
borrowed, the local authority may, with the precedent con-
sent 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 Ohai Railway Board has been authorized
to borrow the sum of twenty thousand pounds for liquidating
its antecedent liability:

And whereas the Minister of Finance has given his pre-
cedent 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 Ohai Railway Board in respect of the said loan
of twenty thousand pounds shall be a rate not exceeding
six per centum per annum, and the said Ohai Railway Board
is hereby authorized to borrow the said sum of twenty thousand
pounds accordingly.

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