Loan Interest Rate Orders




APRIL 3.

THE NEW ZEALAND GAZETTE.

809

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 authorized
to borrow the sum of three thousand pounds for reconstructing the Thames to Waikawau Coast Road:

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 Thames County 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 Thames County Council is hereby authorized to borrow the said sum of three thousand pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Rodney County Council in respect of a Loan of £700, authorized to be raised for rebuilding the Big Omaha Wharf.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 24th day of March, 1924.

Present:

THE HONOURABLE SIR FRANCIS BELL PRESIDING IN COUNCIL.

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

And whereas the Rodney County Council has been authorized to borrow the sum of seven hundred pounds for rebuilding the Big Omaha Wharf:

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

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

Prescribing the Rate of Interest that may be paid by the Rodney County Council in respect of a Loan of £1,500, authorized to be raised for extending the Matakana Wharf.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 24th day of March, 1924.

Present:

THE HONOURABLE SIR FRANCIS BELL PRESIDING IN COUNCIL.

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

And whereas the Rodney County Council has been authorized to borrow the sum of one thousand five hundred pounds for extending the Matakana Wharf:

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

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

Prescribing the Rate of Interest that may be paid by the Grey Electric-power Board in respect of a Loan of £80,000, authorized to be raised for Electric Reticulation.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 24th day of March, 1924.

Present:

THE HONOURABLE SIR FRANCIS BELL PRESIDING IN COUNCIL.

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

And whereas the Grey Electric-power Board has been authorized to borrow the sum of eighty thousand pounds for electric reticulation:

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 if interest that may be paid by the Grey Electric-power Board in respect of the said loan of eighty thousand pounds shall be a rate not exceeding six per centum per annum and the said Grey Electric-power Board is hereby authorized to borrow the said sum of eighty thousand pounds accordingly.

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

Prescribing the Term for which the Levin Borough Council may borrow the Sum of £2,200, authorized to be raised for 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 24th day of March, 1924.

Present:

THE HONOURABLE SIR FRANCIS BELL PRESIDING IN COUNCIL.

WHEREAS by section eleven of the Finance Act, 1921,



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1924, No 20


NZLII PDF NZ Gazette 1924, No 20





✨ LLM interpretation of page content

💰 Prescribing the Rate of Interest for Thames County Council Loan (continued from previous page)

💰 Finance & Revenue
24 March 1924
Loan, interest rate, Thames County Council, road reconstruction
  • C. A. Jeffery, Acting Clerk of the Executive Council

💰 Prescribing the Rate of Interest for Rodney County Council Loan for Big Omaha Wharf

💰 Finance & Revenue
24 March 1924
Loan, interest rate, Rodney County Council, wharf rebuilding
  • C. A. Jeffery, Acting Clerk of the Executive Council

💰 Prescribing the Rate of Interest for Rodney County Council Loan for Matakana Wharf Extension

💰 Finance & Revenue
24 March 1924
Loan, interest rate, Rodney County Council, wharf extension
  • C. A. Jeffery, Acting Clerk of the Executive Council

💰 Prescribing the Rate of Interest for Grey Electric-power Board Loan for Electric Reticulation

💰 Finance & Revenue
24 March 1924
Loan, interest rate, Grey Electric-power Board, electric reticulation
  • C. A. Jeffery, Acting Clerk of the Executive Council

💰 Prescribing the Term and Rate of Interest for Levin Borough Council Loan for Roadmaking Machinery

💰 Finance & Revenue
24 March 1924
Loan, interest rate, term, Levin Borough Council, roadmaking machinery
  • C. A. Jeffery, Acting Clerk of the Executive Council