Jan. 11.] THE NEW ZEALAND GAZETTE. 39

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 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 Otaki Borough Council has been autho-
rized to borrow the sum of fourteen thousand pounds for the
installation of a sewerage system :
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 Otaki Borough
Council in respect of the said loan of fourteen thousand
pounds shall be a rate not exceeding six per centum per
annum, and the said Otaki Borough Council is hereby autho-
rized to borrow the said sum of fourteen thousand pounds
accordingly.

C. A. JEFFERY,
Acting Clerk of the Executive Council.

Prescribing the Term for which the Dargaville Borough Council
may borrow the Sum of £1,350, being Part of a Loan of
£31,855 authorized to be raised for General Improvements,
and also the Rate of Interest payable thereon.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 19th day
of December, 1922.

Present :

THE RIGHT HONOURABLE W. F. MASSEY, P.C., PRESIDING
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 Dargaville Borough Council has been
authorized to borrow the sum of thirty-one thousand eight
hundred and fifty-five pounds for general improvements, 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 sum of one thousand three hundred and fifty
pounds (being a part of the thirty-one thousand eight hundred
and fifty-five pounds) 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 one
thousand three hundred and fifty pounds may be borrowed
be reduced to fifteen 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 Dargaville Borough Council may borrow the
said sum of one thousand three hundred and fifty pounds
shall be fifteen years, and the rate of interest payable thereon
shall be a rate not exceeding six per centum per annum, and
the Dargaville Borough Council is hereby authorized to
borrow the said sum of one thousand three hundred and
fifty pounds accordingly.

C. A. JEFFERY,
Acting Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the
Whangamarino Road Board in respect of a Loan of £1,000
authorized to be raised for erecting a War Memorial Hall.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 19th day
of December, 1922.

Present :

THE RIGHT HONOURABLE W. F. MASSEY, P.C., PRESIDING
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 Whangamarino Road Board has been
authorized to borrow the sum of one thousand pounds for
erecting a war memorial hall :
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 and a
half 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 Whangamarino
Road Board in respect of the said loan of one thousand pounds
shall be a rate not exceeding six and a half per centum per
annum, and the said Whangamarino Road Board is hereby
authorized to borrow the said sum of one thousand pounds
accordingly.

C. A. JEFFERY,
Acting Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the New
Lynn Town Board in respect of a Loan of £1,550 authorized
to be raised for completing the Reticulation of the Water-
supply throughout the District.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 19th day
of December, 1922.

Present :

THE RIGHT HONOURABLE W. F. MASSEY, P.C., PRESIDING
IN COUNCIL.

WHEREAS section eleven of the Finance Act, 1921, as
amended by section six of the Local Bodies’ Loan
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 New Lynn Town Board has been autho-
rized to borrow the sum of fifteen thousand five hundred
pounds for the reticulation of the water-supply throughout
the district, and is now desirous of borrowing an additional
fifteen hundred and fifty 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 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