2862
THE NEW ZEALAND GAZETTE.
[No. 76

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 Onehunga Borough Council has been
authorized to borrow the sum of thirty-five thousand pounds
for concrete road formation, for a term of thirty-six and a
half years, without any rate of interest being stated in the
proposal placed before the ratepayers, and is now desirous
of borrowing an additional three thousand five hundred
pounds under the authority of section eighteen of the Local
Bodies’ Loans Act, 1913, for a reduced term and at an in-
creased rate of interest :

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 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 Onehunga Borough 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
Onehunga Borough 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 Feathers-
ton Borough Council in respect of a Loan of £300 authorized
to be raised for providing the Council’s Share of the Cost of
the Rimutaka Road Improvements and the Construction of
New Bridges.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 24th day of
October, 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 Featherston Borough Council has been
authorized to borrow the sum of three hundred pounds for
providing the Council’s share of the cost of the Rimutaka
Road improvements and the construction of new bridges :

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

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

Prescribing the Rate of Interest that may be paid by the
Pohangina County Council in respect of a Loan of £1,200
authorized to be raised for the Purchase of a Stone-crushing
Plant.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 24th day of
October, 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 Pohangina County Council has been
authorized to borrow the sum of one thousand two hundred
pounds for the purchase of a stone-crushing plant :

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, 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 Pohangina
County Council in respect of the said loan of one thousand
two hundred pounds shall be a rate not exceeding six per
centum per annum, and the said Pohangina County Council
is hereby authorized to borrow the said sum of one thousand
two 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 £1,300
authorized to be raised for the Repayment of the Electricity
Loan.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 24th day of
October, 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 Whangarei Borough Council has been
authorized to borrow the sum of one thousand three hundred
pounds for the repayment of the electricity loan :

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, 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 Whangarei
Borough Council in respect of the said loan of one thousand