✨ Local Authority Loan Orders
2444
THE NEW ZEALAND GAZETTE.
[No. 68
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 Greytown Borough Council is authorized
to borrow the sum of five thousand four hundred and twenty
pounds for repaying its antecedent liability:
And whereas the Minister of Finance has given his prece-
dent consent as required by the above-recited section eleven,
and it is desired that the rate of interest at which the said
five thousand four hundred and twenty 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, 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 Greytown Borough
Council in respect of the said loan of five thousand four
hundred and twenty pounds shall be a rate not exceeding
six per centum per annum, and the said Greytown Borough
Council is hereby authorized to borrow the said sum of five
thousand four hundred and twenty pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Bluff
Borough Council in respect of a Loan of £400 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-
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 Bluff Borough Council has been auth-
orized to borrow the sum of four hundred pounds for repaying
its antecedent liability:
And whereas the Minister of Finance has given his prece-
dent 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 Bluff Borough Council in respect of the said loan
of four hundred pounds shall be a rate not exceeding six per
centum per annum, and the said Bluff Borough Council is
hereby authorized to borrow the said sum of four hundred
pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the
Pelorus Road Board in respect of a Loan of £2,600 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 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 Pelorus Road Board has been authorized
to borrow the sum of two thousand six 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 six hundred pounds may be borrowed be not exceed-
ing 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 Pelorus Road Board in respect of the said loan
of two thousand six hundred pounds shall be a rate not
exceeding six per centum per annum, and the said Pelorus
Road Board is hereby authorized to borrow the said sum of
two thousand six hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the
Whangarei Borough Council in respect of a Loan of £5,600
authorized to be raised for carrying out a Workers’ Dwellings
Scheme.
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 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 Whangarei Borough Council has been
authorized to borrow the sum of five thousand six hundred
pounds for carrying out a workers’ dwellings scheme:
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 five thousand six 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 Whangarei Borough Council in respect of the
said five thousand six hundred pounds shall be a rate not
exceeding six per centum per annum, and the said Whangarei
Borough Council is hereby authorized to borrow the said sum
of five thousand six hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Validating Proceedings in connection with Hutt County
Council’s Antecedent Liability Loan of £8,000.
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 the Hutt County Council lately proceeded
to raise a loan of eight thousand pounds, under the
Local Bodies’ Loans Act, 1913, for the purpose of extinguish-
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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 Greytown Borough Council Loan
(continued from previous page)
💰 Finance & Revenue11 September 1922
Loan, Interest rate, Greytown Borough Council, Antecedent liability
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Bluff Borough Council Loan
💰 Finance & Revenue11 September 1922
Loan, Interest rate, Bluff Borough Council, Antecedent liability
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Pelorus Road Board Loan
💰 Finance & Revenue11 September 1922
Loan, Interest rate, Pelorus Road Board, Antecedent liability
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Whangarei Borough Council Loan
💰 Finance & Revenue11 September 1922
Loan, Interest rate, Whangarei Borough Council, Workers’ dwellings scheme
- F. D. Thomson, Clerk of the Executive Council
💰 Validating Proceedings for Hutt County Council Loan
💰 Finance & Revenue11 September 1922
Loan, Validation, Hutt County Council, Antecedent liability
- F. D. Thomson, Clerk of the Executive Council