Loan Interest Rate Orders




Nov. 22.] THE NEW ZEALAND GAZETTE. 2861

Prescribing the Rate of Interest that may be paid by the Taihape
Borough Council in respect of a Loan of £1,250, authorized
to be raised for constructing and providing Public Works.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 14th day of
November, 1923.
Present :
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by section eleven of the Finance Act, 1921,
and its amendments, it is provided that, notwith-
standing 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, as may be prescribed by the
Governor-General by Order in Council :

And whereas the Taihape Borough Council has been autho-
rized to borrow the sum of one thousand two hundred and
fifty pounds for constructing and providing public works :

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 Taihape Borough
Council in respect of the said loan of one thousand two
hundred and fifty pounds shall be a rate not exceeding six
per centum per annum, and the said Taihape Borough Council
is hereby authorized to borrow the said sum of one thousand
two 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 Waikato
Hospital Board in respect of a Loan of £6,000, authorized
to be raised for Capital Expenditure.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 14th day of
November, 1923.
Present :
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by section eleven of the Finance Act, 1921,
and its amendments, it is provided that, notwith-
standing 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 there-
after 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, as may be prescribed
by the Governor-General by Order in Council :

And whereas the Waikato Hospital Board has been autho-
rized to borrow the sum of six thousand pounds for capital
expenditure :

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

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

Prescribing the Rate of Interest that may be paid by the Ohura
County Council in respect of a Loan of £5,200, authorized to
be raised for paying off its Antecedent Liability.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 14th day of
November, 1923.
Present :
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by section eleven of the Finance Act, 1921,
and its amendments, it is provided that, notwith-
standing anything to the contrary in any Act or in any rule
of law, where a local authority or public body has been autho-
rized 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, as may be prescribed by the
Governor-General by Order in Council :

And whereas the Ohura County Council has been authorized
to borrow the sum of five thousand two hundred pounds for
paying off 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 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 Ohura County Council in
respect of the said loan of five thousand two hundred pounds
shall be a rate not exceeding six per centum per annum, and
the said Ohura County Council is hereby authorized to borrow
the said sum of five thousand two hundred pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Thames
County Council in respect of £10,000, authorized to be raised
for developing a Metal-quarry at Matatoki.

JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 14th day of
November, 1923.
Present :
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by section eleven of the Finance Act, 1921,
and its amendments, it is provided that, notwith-
standing 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, as may be prescribed
by the Governor-General by Order in Council :

And whereas the Thames County Council has been autho-
rized to borrow the sum of ten thousand pounds for develop-
ing a metal-quarry at Matatoki :

And whereas the Minister of Finance has given his prece-
dent 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 five and three-quarters
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 Thames County
Council in respect of the said loan of ten thousand pounds
shall be a rate not exceeding five and three-quarters per
centum per annum, and the said Thames County Council
is hereby authorized to borrow the said sum of ten thousand
pounds accordingly.

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



Next Page →

PDF Highlighting: "C. A. Jeffery"



Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1923, No 82


NZLII PDF NZ Gazette 1923, No 82





✨ LLM interpretation of page content

💰 Prescribing Rate of Interest for Taihape Borough Council Loan

💰 Finance & Revenue
14 November 1923
Loan, Interest Rate, Taihape Borough Council, Order in Council
  • JELLICOE, Governor-General
  • C. A. JEFFERY, Acting Clerk of the Executive Council

💰 Prescribing Rate of Interest for Waikato Hospital Board Loan

💰 Finance & Revenue
14 November 1923
Loan, Interest Rate, Waikato Hospital Board, Order in Council
  • JELLICOE, Governor-General
  • C. A. JEFFERY, Acting Clerk of the Executive Council

💰 Prescribing Rate of Interest for Ohura County Council Loan

💰 Finance & Revenue
14 November 1923
Loan, Interest Rate, Ohura County Council, Order in Council
  • JELLICOE, Governor-General
  • C. A. JEFFERY, Acting Clerk of the Executive Council

💰 Prescribing Rate of Interest for Thames County Council Loan

💰 Finance & Revenue
14 November 1923
Loan, Interest Rate, Thames County Council, Order in Council
  • JELLICOE, Governor-General
  • C. A. JEFFERY, Acting Clerk of the Executive Council