✨ Local Government Loan Interest Rates
SEPT. 7.]
THE NEW ZEALAND GAZETTE.
2369
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 4th day of September, 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 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 Pahiatua County Council in respect of the said loan of three thousand one hundred pounds shall be a rate not exceeding six and a half 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 Hamilton Borough Council in respect of a Loan of £22,115 authorized to be raised for repaying its Antecedent Liability.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 4th day of September, 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 is authorized to borrow the sum of twenty-two thousand one hundred and fifteen pounds for repaying its antecedent liability:
And whereas the Minister of Finance had 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-two thousand one hundred and fifteen 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 Hamilton Borough Council in respect of the said loan of twenty-two thousand one hundred and fifteen pounds shall be a rate not exceeding six per centum per annum, and the said Hamilton Borough Council is hereby authorized to borrow the said sum of twenty-two thousand one hundred and fifteen pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Pahiatua Borough Council in respect of a Loan of £2,800 authorized to be raised for liquidating its Antecedent Liability.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 4th day of September, 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 Borough Council has been authorized to borrow the sum of two thousand eight hundred pounds for liquidating 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 said two thousand eight hundred 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 Pahiatua Borough Council in respect of the said loan of two thousand eight hundred pounds shall be a rate not exceeding six per centum per annum, and the said Pahiatua Borough Council is hereby authorized to borrow the said sum of two thousand eight hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Feilding Borough Council in respect of a Loan of £9,545 authorized to be raised for liquidating its Antecedent Liability.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 4th day of September, 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 Feilding Borough Council has been authorized to borrow the sum of nine thousand five hundred and forty-five pounds for liquidating 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 said loan of nine thousand five hundred and forty-five 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 Feilding Borough Council in respect of the said loan of nine thousand five hundred and forty-five pounds shall be a rate not exceeding six per centum per annum, and the said Feilding Borough Council is hereby authorized to borrow the said sum of nine thousand five hundred and forty-five pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1922, No 67
NZLII —
NZ Gazette 1922, No 67
✨ LLM interpretation of page content
💰 Interest Rate for Pahiatua County Council Loan
💰 Finance & Revenue4 September 1922
Loan, Interest Rate, Pahiatua County Council, Antecedent Liability
- Jellicoe, Governor-General
- F. D. Thomson, Clerk of the Executive Council
💰 Interest Rate for Hamilton Borough Council Loan
💰 Finance & Revenue4 September 1922
Loan, Interest Rate, Hamilton Borough Council, Antecedent Liability
- Jellicoe, Governor-General
- F. D. Thomson, Clerk of the Executive Council
💰 Interest Rate for Pahiatua Borough Council Loan
💰 Finance & Revenue4 September 1922
Loan, Interest Rate, Pahiatua Borough Council, Antecedent Liability
- Jellicoe, Governor-General
- F. D. Thomson, Clerk of the Executive Council
💰 Interest Rate for Feilding Borough Council Loan
💰 Finance & Revenue4 September 1922
Loan, Interest Rate, Feilding Borough Council, Antecedent Liability
- Jellicoe, Governor-General
- F. D. Thomson, Clerk of the Executive Council