2622
THE NEW ZEALAND GAZETTE.
[No. 70

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 Kairanga County
Council in respect of the said loan of three thousand eight
hundred pounds shall be a rate not exceeding six per centum
per annum, and the said Kairanga County Council is hereby
authorized to borrow the said sum of three thousand eight
hundred pounds accordingly.

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

Prescribing the Term for which the Taihape Borough Council
may borrow £1,700 for completing Town Improvements, and
also the Rate of Interest payable thereon.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 18th 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 Taihape Borough Council has been
authorized to borrow the sum of seventeen thousand
pounds for town improvements for a term of not more than
forty years at five and a quarter per centum per annum,
and is now desirous of borrowing an additional seventeen
hundred pounds under the authority of section eighteen of
the Local Bodies’ Loans Act, 1913 :

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 seventeen hundred
pounds may be borrowed be 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, 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 term for which the Taihape Borough Council may borrow
the said sum of seventeen hundred 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 Taihape
Borough Council is hereby authorized to borrow the said
sum of seventeen hundred pounds on these terms.

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

Prescribing the Term for which the Rangitikei County Council
may borrow £3,500 for completing the Metalling of Roads in
Ruanui Riding, and also the Rate of Interest payable thereon.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 18th 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 Rangitikei County Council has been
authorized to borrow the sum of thirty-five thousand pounds
for metalling roads in Ruanui Riding for a term of thirty-six
and a half years, and is now desirous of borrowing an addi-
tional three thousand five hundred pounds under the autho-
rity of section eighteen of the Local Bodies’ Loans Act, 1913,
for a reduced term and at an increased rate of interest :

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 term for which the said
loan of three thousand five hundred pounds may be borrowed
be reduced to ten years, and the rate of interest payable be
increased to a rate 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 term for which the Rangitikei County Council may borrow
the said sum of three thousand five hundred 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 Rangitikei County Council is hereby authorized to
borrow the said sum of three thousand five hundred pounds
on these terms.

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

Prescribing the Rate of Interest that may be paid by the Otaki
Borough Council in respect of a Loan of £2,500 authorized
to be raised for liquidating its Antecedent Liability.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 18th 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 Otaki Borough Council has been autho-
rized to borrow the sum of two thousand five 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 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 Otaki Borough Council in
respect of the said loan of two thousand five hundred pounds
shall be a rate not exceeding six per centum per annum, and
the said Otaki Borough Council is hereby authorized to borrow
the said sum of two thousand five hundred pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Stratford
Borough Council in respect of a Loan of £8,750 authorized
to be raised for paying off its Antecedent Liability.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 18th 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