✨ Local Government Loan Orders
Mar. 29.] THE NEW ZEALAND GAZETTE. 839
And whereas the Auckland City Council has been authorized to borrow the sum of seven thousand five hundred pounds for making additions to the Council's present refuse-destructer:
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 twenty-one 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 Auckland City Council may borrow the said sum of seven thousand five hundred pounds shall be twenty-one years, and the said Auckland City Council is hereby authorized to borrow the said sum of seven thousand five hundred pounds for this term.
C. A. JEFFERY,
Acting Clerk of the Executive Council.
Prescribing the Term for which the Auckland City Council may borrow the Sum of £30,000, authorized to be raised for enlarging and improving the Auckland City Municipal Abattoirs.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 19th day of March, 1923.
Present:
THE HONOURABLE SIR FRANCIS BELL, K.C.M.G., 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 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 Auckland City Council has been authorized to borrow the sum of thirty thousand pounds for enlarging and improving Auckland City Municipal Abattoirs:
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 twenty-one 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 Auckland City Council may borrow the said sum of thirty thousand pounds shall be twenty-one years, and the said Auckland City Council is hereby authorized to borrow the said sum of thirty thousand pounds for this term.
C. A. JEFFERY,
Acting Clerk of the Executive Council.
Prescribing the Term for which the Birkenhead Borough Council may borrow the Sum of £2,200 for repaying its Antecedent Liability, and also the Rate of Interest payable thereon.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 19th day of March, 1923.
Present:
THE HONOURABLE SIR FRANCIS BELL, K.C.M.G., 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 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 Birkenhead Borough Council has been authorized to borrow the sum of two thousand two hundred pounds for repaying its antecedent liability:
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 thirty-six and a half 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 Birkenhead Borough Council may borrow the sum of two thousand two hundred pounds shall be thirty-six and a half years, and the rate of interest payable thereon shall be a rate not exceeding six per centum per annum, and the said Birkenhead Borough Council is hereby authorized to borrow the said sum of two thousand two hundred pounds accordingly.
C. A. JEFFERY,
Acting Clerk of the Executive Council.
Prescribing the Term for which the Tamahere Road Board may borrow the Sum of £5,000, being Part of a Loan of £33,000 authorized to be raised for Roading Purposes and the Purchase of Roadmaking Machinery, and also the Rate of Interest payable thereon.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 19th day of March, 1923.
Present:
THE HONOURABLE SIR FRANCIS BELL, K.C.M.G., 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 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 Tamahere Road Board has been authorized to borrow the sum of thirty-three thousand pounds for roading purposes and the purchase of roadmaking machinery, for a term of thirty-six and a half years and at five and a half per centum interest, and is now desirous of borrowing five thousand pounds being a further part of the thirty-three thousand pounds for a reduced term, and at an increased rate of interest:
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 said five thousand pounds may be borrowed be reduced to twenty 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 Tamahere Road Board may borrow the said sum of five thousand 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 Tamahere Road Board is hereby authorized to borrow the said sum of five thousand pounds on these terms.
C. A. JEFFERY,
Acting Clerk of the Executive Council.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1923, No 27
NZLII —
NZ Gazette 1923, No 27
✨ LLM interpretation of page content
💰
Prescribing the Term for Auckland City Council Loan
(continued from previous page)
💰 Finance & Revenue19 March 1923
Loan, Term, Auckland City Council, Refuse-destructor
- C. A. Jeffery, Acting Clerk of the Executive Council
💰 Prescribing the Term for Auckland City Council Abattoirs Loan
💰 Finance & Revenue19 March 1923
Loan, Term, Auckland City Council, Abattoirs
- C. A. Jeffery, Acting Clerk of the Executive Council
💰 Prescribing the Term and Interest Rate for Birkenhead Borough Council Loan
💰 Finance & Revenue19 March 1923
Loan, Term, Interest Rate, Birkenhead Borough Council
- C. A. Jeffery, Acting Clerk of the Executive Council
💰 Prescribing the Term and Interest Rate for Tamahere Road Board Loan
💰 Finance & Revenue19 March 1923
Loan, Term, Interest Rate, Tamahere Road Board
- C. A. Jeffery, Acting Clerk of the Executive Council