Local Bodies' Loans Orders




JULY 12.] THE NEW ZEALAND GAZETTE. 1869

by and with the advice and consent of the Executive Council of the said Dominion, doth hereby prescribe that the term for which the Greytown Borough Council may borrow the said sum of two hundred and fifty 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 Greytown Borough Council is hereby authorized to borrow the said sum of two hundred and fifty pounds accordingly.

F. D. THOMSON,
Clerk of the Executive Council

Prescribing the Term for which the Coromandel County Council may borrow the Sum of £4,550 authorized to be raised for extinguishing its Antecedent Liability.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 9th day of July, 1923.
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 Coromandel County Council has been authorized to borrow the sum of four thousand five hundred and fifty pounds for extinguishing 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 : 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 Coromandel County Council may borrow the said sum of four thousand five hundred and fifty pounds shall be thirty-six and a half years, and the said Coromandel County Council is hereby authorized to borrow the said sum of four thousand five hundred and fifty pounds accordingly.

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

Prescribing the Term for which the Mangawara River Board may borrow the Sum of £12,000 authorized to be raised for carrying out certain River-works, and also the Rate of Interest payable thereon.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 9th day of July, 1923.
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 Mangawara River Board has been authorized to borrow the sum of twelve thousand pounds for carrying out certain river-works:

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 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 Mangawara River Board may borrow the said sum of twelve thousand pounds shall be twenty years, and the rate of interest that may be paid shall be a rate not exceeding six per centum per annum, and the said Mangawara River Board is hereby authorized to borrow the said sum of twelve thousand pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Whangarei Hospital Board in respect of a Loan of £3,500 authorized to be raised for completing the Nurses Home.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 9th day of July, 1923.
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 Whangarei Hospital Board has been authorized to borrow the sum of three thousand five hundred pounds for completing the Nurses Home : 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 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 Whangarei Hospital Board in respect of the said loan of three thousand five hundred pounds shall be a rate not exceeding six per centum per annum, and the said Whangarei Hospital Board is hereby authorized to borrow the said sum of three thousand five hundred 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 £4,000 authorized to be raised for the Renewal of a Loan.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 9th day of July, 1923.
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



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1923, No 56


NZLII PDF NZ Gazette 1923, No 56





✨ LLM interpretation of page content

💰 Prescribing the Term for which the Greytown Borough Council may borrow the Sum of £250 authorized to be raised for completing the Purchase of a Gasmaking Plant (continued from previous page)

💰 Finance & Revenue
9 July 1923
Local Bodies’ Loans, Gasmaking Plant, Greytown Borough Council
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing the Term for which the Coromandel County Council may borrow the Sum of £4,550 authorized to be raised for extinguishing its Antecedent Liability

💰 Finance & Revenue
9 July 1923
Local Bodies’ Loans, Antecedent Liability, Coromandel County Council
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing the Term for which the Mangawara River Board may borrow the Sum of £12,000 authorized to be raised for carrying out certain River-works, and also the Rate of Interest payable thereon

💰 Finance & Revenue
9 July 1923
Local Bodies’ Loans, River-works, Mangawara River Board
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing the Rate of Interest that may be paid by the Whangarei Hospital Board in respect of a Loan of £3,500 authorized to be raised for completing the Nurses Home

💰 Finance & Revenue
9 July 1923
Local Bodies’ Loans, Nurses Home, Whangarei Hospital Board
  • 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 £4,000 authorized to be raised for the Renewal of a Loan

💰 Finance & Revenue
9 July 1923
Local Bodies’ Loans, Loan Renewal, Hastings Borough Council
  • F. D. Thomson, Clerk of the Executive Council