APRIL 10.] THE NEW ZEALAND GAZETTE. 867

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 pre-
scribed by the Governor-General by Order in Council:

And whereas the Thames Borough Council has been autho-
rized to borrow the sum of twenty thousand pounds for the
purpose of purchasing, repairing, and enlarging the Thames
water-race :

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 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 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 term for
which the Thames Borough Council may borrow the said sum
of twenty thousand pounds shall be thirty-six and a half
years, and the rate of interest that may be paid thereon shall
be a rate not exceeding five and three-quarters per centum
per annum, and the said Thames Borough Council is hereby
authorized to borrow the said sum of twenty thousand pounds
accordingly.

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

Prescribing the Term for which the Tamaki West Road Board
may borrow the Sum of £5,800, being part of a Loan of
£47,500, authorized to be raised for Road-construction, and
also the Rate of Interest payable thereon.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 28th day of
March, 1924.

Present :

THE RIGHT HONOURABLE W. F. MASSEY, P.C., PRESIDING
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 speci-
fied or determined, and such money or any part thereof has
not been borrowed, the local authority may, with the pre-
cedent 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 Tamaki West Road Board has been autho-
rized to borrow the sum of forty-seven thousand five hundred
pounds for road-construction for a term of thirty-six and a
half years, and now proposes to borrow the sum of five thou-
sand eight hundred pounds, being part of the loan of forty-
seven thousand five hundred pounds :

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 term for which the said five thousand
eight hundred pounds may be borrowed be thirty-six and
a half years, and the rate of interest payable thereon 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 term
for which the Tamaki West Road Board may borrow the said
sum of five thousand eight hundred pounds shall be thirty-
six and a half years, and the rate of interest that may be
paid shall be a rate not exceeding five and three-quarters
per centum per annum, and the said Tamaki West Road
Board is hereby authorized to borrow the said sum of five
thousand eight hundred pounds on these terms.

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

Prescribing the Term for which the Tamaki West Road Board
may borrow the Sum of £7,000, being the Balance of a Loan
of £12,000, authorized to be raised for Electric-power Reticu-
lation, and also the Rate of Interest payable thereon.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 28th day
of March, 1924.

Present :

THE RIGHT HONOURABLE W. F. MASSEY, P.C., PRESIDING
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 Tamaki West Road Board has been
authorized to borrow the sum of twelve thousand pounds for
electric reticulation for a term of thirty-six and a half years,
and now proposes to borrow the sum of seven thousand
pounds, being the balance of the loan of twelve thousand
pounds :

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 seven thousand
pounds may be borrowed be thirty-six and a half years, and
the rate of interest payable thereon 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 term for
which the Tamaki West Road Board may borrow the said
sum of seven thousand pounds shall be thirty-six and a half
years, and the rate of interest that may be paid shall be a
rate not exceeding five and three-quarters per centum per
annum, and the said Tamaki West Road Board is hereby
authorized to borrow the said sum of seven thousand pounds
on these terms.

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

Prescribing the Term for which the Tamaki West Road Board
may borrow the Sum of £20,000, being a Portion of a Loan
of £90,000, authorized to be raised for Drainage-works, and
also the Rate of Interest payable thereon.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 28th day
of March, 1924.

Present :

THE RIGHT HONOURABLE W. F. MASSEY, P.C., PRESIDING
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 Tamaki West Road Board has been
authorized to borrow the sum of ninety thousand pounds for
drainage-works, for a term of thirty-six and a half years, and
now proposes to borrow the sum of twenty thousand pounds,
being a portion of the ninety thousand pounds :

And whereas the Minister of Finance has given his precedent
consent as required by the above-recited section eleven, and