Nov. 23.]

And whereas the Wanganui Borough Council has been
authorized to borrow the sum of three thousand pounds for
providing relief work for the unemployed:

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

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

Prescribing the Rate of Interest that may be paid by the Hastings
Borough Council in respect of a Loan of £28,082 authorized
to be raised for repaying its Antecedent Liability.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 17th 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 how-
soever, 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 Hastings Borough Council has been
authorized to borrow the sum of twenty-eight thousand and
eighty-two pounds for repaying its antecedent 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 Hastings Borough
Council in respect of the said loan of twenty-eight thousand
and eighty-two pounds shall be a rate not exceeding six
per centum per annum, and the said Hastings Borough
Council is hereby authorized to borrow the said sum of
twenty-eight thousand and eighty-two pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Woodville
County Council in respect of a Loan of £665 authorized to
be raised for paying its Contribution to the Manawatu Gorge
Board of Control.

JELLICOE, Governor-General.
ORDER IN COUNIL.
At the Government House at Wellington, this 17th 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 Woodville County Council has been
authorized to borrow the sum of six hundred and sixty-five
pounds for paying its contribution to the Manawatu Gorge
Board of Control:

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 Woodville County
Council in respect of the said loan of six hundred and sixty-
five pounds shall be a rate not exceeding six per centum per
annum, and the said Woodville County Council is hereby
authorized to borrow the said sum of six hundred and sixty-
five pounds accordingly.

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

Prescribing the Term for which the Banks Peninsula Electric-
power Board may borrow the Sum of £20,000, being a Further
Portion of a Loan of £100,000 authorized to be raised for
the Purchase and Construction of Electric Works, and also
the Rate of Interest payable thereon.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 17th 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 Banks Peninsula Electric-power Board
has been authorized by the ratepayers to borrow the sum
of one hundred thousand pounds for the purchase and con-
struction of electric works, for a term of thirty-six and a half
years at five and a half per centum per annum, and now
proposes to borrow the sum of twenty thousand pounds (being
a further portion of the one hundred thousand pounds) for a
term of ten years at six per centum:

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 twenty
thousand pounds may be borrowed be reduced to ten years
and the rate of interest payable thereon 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 Banks Peninsula Electric-power Board may
borrow the said sum of twenty thousand 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 Banks
Peninsula Electric-power Board is hereby authorized to borrow
the said sum of twenty thousand pounds on these terms.

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