Nov. 9.] THE NEW ZEALAND GAZETTE. 2951

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 Wellington City Council is authorized
to borrow the sum of three hundred and forty-four thousand
nine hundred and fifty-eight pounds for repaying its ante-
cedent liability:

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 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 Wellington City
Council in respect of the said loan of three hundred and
forty-four thousand nine hundred and fifty-eight pounds
shall be a rate not exceeding six per centum per annum, and
the said Wellington City Council is hereby authorized to
borrow the said sum of three hundred and forty-four thousand
nine hundred and fifty-eight pounds accordingly.

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

Prescribing the Term for which the Horowhenua Electric-power
Board may borrow the Sum of £80,000, being Portion of a
Loan of £260,000 authorized to be raised for Electrical
Reticulation.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 3rd day of
November, 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 Horowhenua Electric-power Board has
been authorized by the ratepayers to borrow the sum of two
hundred and sixty thousand pounds for electrical reticulation
for a term of thirty-three years, and now proposes to borrow
the sum of eighty thousand pounds (being part of the two
hundred and sixty thousand pounds) for a term of twenty
years:

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
eighty thousand pounds may be borrowed be reduced to
twenty years:

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 Horowhenua Electric-power Board may
borrow the said sum of eighty thousand pounds shall be
twenty years, and the said Horowhenua Electric-power
Board is hereby authorized to borrow the said sum of eighty
thousand pounds for this term.

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

Prescribing the Term for which the Havelock North Town
Board may borrow £1,990 for completing the Hydro-electric-
power Works and Water-pumping Plant, and also the Rate
of Interest payable thereon.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 3rd day of
November, 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 Havelock North Town Board has been
authorized to borrow the sum of nineteen thousand nine
hundred and forty-one pounds for hydro-electric-power works
and a water-pumping plant, for a term not exceeding fifteen
years, and is now desirous of borrowing an additional nine-
teen hundred and ninety pounds under the authority of
section eighteen of the Local Bodies’ Loans Act, 1913:

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 money
may be borrowed be increased to twenty years, and the rate
of interest payable thereon 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
term for which the Havelock North Town Board may borrow
the said sum of nineteen hundred and ninety pounds shall be
twenty years, and the rate of interest payable thereon shall
be a rate not exceeding six per centum per annum, and the
said Havelock North Town Board is hereby authorized to
borrow the said sum of nineteen hundred and ninety pounds
accordingly.

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

Prescribing the Rate of Interest that may be paid by the Weber
County Council in respect of a Loan of £450 authorized to
be raised for providing the Council’s Share of the Cost of the
Construction of a Bridge and Culvert on the Dannevirke-
Weber Road.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 3rd day of
November, 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 Weber County Council has been authorized
to borrow the sum of four hundred and fifty pounds for
providing the Council’s share of the cost of the construction
of a bridge and culvert on the Dannevirke-Weber Road: