Nov. 9.] THE NEW ZEALAND GAZETTE. 2953

Prescribing the Term for which the Whakatane Borough Council may borrow the Sum of £6,500 authorized to be raised to supplement the Cost of the Proposed Electric-power 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 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 Whakatane Borough Council has been authorized to borrow the sum of six thousand five hundred pounds to supplement the cost of the electric-power plant, for a term of thirty-six and a half years, without any rate of interest being stated in the proposal, and is now desirous of borrowing the money for a reduced term and at six per centum per annum :

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 money may be borrowed be reduced 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 said Whakatane Borough Council may borrow the said sum of six thousand five hundred 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 Whakatane Borough Council is hereby authorized to borrow the said sum of six thousand five hundred pounds on these terms.

F. D. THOMSON,

Clerk of the Executive Council.

Validating Proceedings in connection with a Loan of £15,000 proposed to be raised by the Clifton County Council.

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 the Clifton County Council proposes to raise a loan of fifteen thousand pounds, under the provisions of the Local Bodies' Loans Act, 1913, for the purpose of reconstructing bridges on roads within the jurisdiction of the Council:

And whereas section nine of the said Act provides that a notice setting forth the proposal to raise the loan shall be published once in each week for four successive weeks :

And whereas the notice setting forth the proposal to raise the loan, although published four times, was not published once in each week for four successive weeks :

And whereas it appears that the ratepayers have not been misled by such irregularity or defect, and it is expedient to validate the same :

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, in pursuance and exercise of the powers and authorities conferred on him by section one hundred and eleven of the Local Bodies' Loans Act, 1913, and acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby order and declare that the proceedings taken to raise the said loan shall be valid to all intents and purposes as though the notice of proposal to raise the loan had been published in the manner prescribed in section nine aforesaid, and that the validity of the proceedings in connection with the said loan shall not be called into question by reason only of the irregularity aforesaid.

F. D. THOMSON,

Clerk of the Executive Council.

Vesting the Control of a Scenic Reserve in the Southland Electric-power Board.

JELLICOE, Governor-General.

IN pursuance and exercise of the powers and authorities conferred upon him by section thirteen of the Scenery Preservation Act, 1908 (hereinafter referred to as "the said Act"), His Excellency the Governor-General of the Dominion of New Zealand doth hereby vest the control of the scenic reserve described in the Schedule hereto (being land reserved under the said Act) in the Southland Electric-power Board, subject to the conditions hereinafter contained, that is to say :—

1. The period for which the control of the reserve is hereby vested shall be three years from the date hereof, unless the reservation is previously altered or revoked under the said Act.

2. The said Board shall prepare a report each year ending on the thirty-first day of March, together with a statement of receipts and expenditure in connection with the said reserve. Such report and statement shall be sent to the Minister charged with the administration of the said Act as soon as possible after the close of the year.

3. The said Board shall control the said reserve in accordance with the provisions of the said Act and of the regulations made thereunder.

SCHEDULE.

LAKE MONOWAI SCENIC RESERVE.

ALL that area in the Southland Land District, containing 60,100 acres, more or less, bounded as follows : Commencing at Trig. Station D on the western boundary of Pastoral Run No. 463, bounded towards the north by a right line from the said Trig. D to Eldrig Peak ; towards the north-east by a right line to Mount Burns ; towards the north-west by a right line to White Peak ; towards the south-west by the summit of the Kaherekoau Mountains through Ardeer Peak and Knoll Peak to the national park boundary ; thence by the said national park boundary to the said Trig. Station D, the place of commencement. As the same is more particularly shown on plan marked L. and S. 4/300, deposited in the Head Office, Department of Lands and Survey, at Wellington, and thereon bordered red.

As witness the hand of His Excellency the Governor-General, this 2nd day of November, 1922.

D. H. GUTHRIE,

Minister in Charge of Scenery Preservation.

Opening Settlement Land in Southland Land District for Selection.

JELLICOE, Governor-General.

IN pursuance and exercise of the powers and authorities conferred upon me by the Land Act, 1908, and the Land for Settlements Act, 1908, and amendments, I, John Rushworth, Viscount Jellicoe, Governor-General of the Dominion of New Zealand, do hereby declare that the settlement land described in the Schedule hereto shall be open for selection on renewable lease on Tuesday, the twelfth day of December, one thousand nine hundred and twenty-two, at the rental mentioned in the said Schedule ; and I do also declare that the said land shall be leased under and subject to the provisions of the said Acts.

SCHEDULE.

SOUTHLAND LAND DISTRICT.

Wallace County.—Wairaki Survey District.—Beaumont Settlement.

SECTION 9, Block XXIX : Area, 304 acres 3 roods 20 perches ; capital value, £420 ; half-yearly rent, £9 9s. Weighted with £49, valuation for fencing, &c. Open undulating land, the south-western portion being rather broken. About 40 acres have been cultivated, balance tussock and fern. Suitable for pastoral purposes. Situated nine miles by good gravelled road from Nightcaps Railway-station.

As witness the hand of His Excellency the Governor-General, this 6th day of November, 1922.

D. H. GUTHRIE, Minister of Lands.