✨ Local Authority Loan Interest Rates
Sept. 14.] THE NEW ZEALAND GAZETTE. 2443
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 Opotiki Borough Council has been authorized to borrow the sum of three thousand five 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, in pursuance and exercise of the power and authority vested in him as aforesaid, and 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 Opotiki Borough Council in respect of the said loan of three thousand five hundred pounds shall be a rate not exceeding six per centum per annum, and the said Opotiki Borough Council is hereby authorized to borrow the said sum of three thousand five hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Te Puke Town Board in respect of a Loan of £1,300 authorized to be raised for liquidating its Antecedent Liability.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 11th 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 Te Puke Town Board has been authorized to borrow the sum of one thousand three 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 sum of one thousand three 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 Te Puke Town Board in respect of the said loan of one thousand three hundred pounds shall be a rate not exceeding six per centum per annum, and the said Te Puke Town Board is hereby authorized to borrow the said sum of one thousand three hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Newmarket Borough Council in respect of a Loan of £4,995 authorized to be raised for liquidating Antecedent Liability.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 11th 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 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 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 Newmarket Borough Council is authorized to borrow the sum of four thousand nine hundred and ninety-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 four thousand nine hundred and ninety-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 Newmarket Borough Council in respect of the said loan of four thousand nine hundred and ninety-five pounds shall be a rate not exceeding six per centum per annum, and the said Newmarket Borough Council is hereby authorized to borrow the said sum of four thousand nine hundred and ninety-five pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Marton Borough Council in respect of a Loan of £3,100 authorized to be raised for paying off its Antecedent Liability.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 11th 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 Marton Borough Council has been authorized to borrow the sum of three thousand one 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 loan of three thousand one 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 Marton Borough 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 Marton Borough 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 Greytown Borough Council in respect of a Loan of £5,420 authorized to be raised for repaying its Antecedent Liability.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 11th 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 any-
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1922, No 68
NZLII —
NZ Gazette 1922, No 68
✨ LLM interpretation of page content
💰
Prescribing Interest Rate for Opotiki Borough Council Loan
(continued from previous page)
💰 Finance & Revenue11 September 1922
Loan, Interest rate, Opotiki Borough Council, Antecedent liability
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Te Puke Town Board Loan
💰 Finance & Revenue11 September 1922
Loan, Interest rate, Te Puke Town Board, Antecedent liability
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Newmarket Borough Council Loan
💰 Finance & Revenue11 September 1922
Loan, Interest rate, Newmarket Borough Council, Antecedent liability
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Marton Borough Council Loan
💰 Finance & Revenue11 September 1922
Loan, Interest rate, Marton Borough Council, Antecedent liability
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Greytown Borough Council Loan
💰 Finance & Revenue11 September 1922
Loan, Interest rate, Greytown Borough Council, Antecedent liability
- F. D. Thomson, Clerk of the Executive Council