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 Levin Borough Council has been authorized
to borrow the sum of two thousand two hundred
pounds for the purchase of roadmaking machinery for a term
of not less than twenty years, nor more than thirty years:
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 ten 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 Levin Borough Council may borrow the
said sum of two thousand two hundred pounds shall be ten
years, and the rate of interest payable thereon shall be a rate
not exceeding six per centum per annum, and the said Levin
Borough Council is hereby authorized to borrow the said sum
of two thousand two hundred pounds on these terms.
C. A. JEFFERY,
Acting Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Whangarei
Borough Council in respect of a Loan of £1,900, authorized to
be raised for constructing Road from Manse Street to
Powhiri Avenue and improving Parua Bay Road.
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 Whangarei Borough Council has been
authorized to borrow the sum of one thousand nine hundred
pounds for constructing road from Manse Street to Powhiri
Avenue and improving Parua Bay 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 powers 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 Borough Council
in respect of the said loan of one thousand nine hundred pounds
shall be a rate not exceeding six per centum per annum, and
the said Whangarei Borough Council is hereby authorized to
borrow the said sum of one thousand nine hundred pounds
accordingly.
C. A. JEFFERY,
Acting Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Tauranga
County Council in respect of a Loan of £12,700, authorized to
be raised for constructing an Embankment and Bridge.
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 Tauranga County Council has been
authorized to borrow the sum of twelve thousand seven
hundred pounds for constructing an embankment and bridge:
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 Tauranga County Council
in respect of the said loan of twelve thousand seven hundred
pounds shall be a rate not exceeding six per centum per annum,
and the said Tauranga County Council is hereby authorized
to borrow the said sum of twelve thousand seven hundred
pounds accordingly.
C. A. JEFFERY,
Acting Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Taumarunui Borough Council in respect of a Loan of £775,
authorized to be raised for the Purpose of paying the Council's
Final Share of the Cost of the Wanganui River Bridge at
Taumarunui.
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 Taumarunui Borough Council has been
authorized to borrow the sum of seven hundred and seventy-
five pounds for the purpose of paying the Council's final
share of the cost of the Wanganui River Bridge at Taumaru-
nui :
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 Taumarunui Borough
Council in respect of the said loan of seven hundred and
seventy-five pounds shall be a rate not exceeding six per
centum per annum, and the said Taumarunui Borough Council
is hereby authorized to borrow the said sum of seven
hundred and seventy-five pounds accordingly.
C. A. JEFFERY,
Acting Clerk of the Executive Council.
Prescribing the Term for which the Ngaruawahia Borough
Council may borrow the sum of £9,000, authorized to be
raised for the Purpose of erecting Municipal Buildings, 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,
and its amendments, it is provided that, notwithstanding
anything to the contrary in any Act or in any rule