✨ Loan Interest Rate Orders
908
THE NEW ZEALAND GAZETTE.
[No. 26
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 Piako County Council has been authorized
to borrow the sum of three thousand pounds for the purpose
of metalling Valley and Mount Roads :
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 Piako 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 Piako County Council is hereby authorized to
borrow the said sum of three thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Thames Harbour Board in respect of a Loan of £20,000, being a Portion of a Loan of £60,000, authorized to be raised for Harbour-improvement Works.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 11th day of
April, 1924.
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 Thames Harbour Board has been autho-
rized to borrow the sum of sixty thousand pounds for harbour-
improvement works, and is now desirous of raising a sum
of twenty thousand pounds, being a portion of sixty thousand
pounds :
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 Thames Harbour
Board in respect of the said loan of twenty thousand pounds
shall be a rate not exceeding six per centum per annum, and
the said Thames Harbour Board is hereby authorized to borrow
the said sum of twenty thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council
Prescribing the Rate of Interest that may be paid by the Otaki River Board in respect of a Loan of £75, authorized to be raised for the Purpose of completing River Protective Works.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 11th day of
April, 1924.
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 Otaki River Board has been authorized
to borrow the sum of seven hundred and fifty pounds for the
purpose of constructing river protective works, and is now
desirous of borrowing an additional seventy-five pounds
under the authority of section eighteen of the Local Bodies’
Loans Act, 1913, for the purpose of completing the 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 Otaki River Board
in respect of the said loan of seventy-five pounds shall be a
rate not exceeding six per centum per annum, and the said
Otaki River Board is hereby authorized to borrow the said
sum of seventy-five pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Raglan County Council in respect of a Loan of £2,100, authorized to be raised for the Purpose of completing the Construction of various Roads in the Pukekawa and Whangape Ridings.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 11th day of
April, 1924.
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 Raglan County Council has been autho-
rized to borrow the sum of twenty-one thousand pounds for
the purpose of constructing various roads in the Pukekawa
and Whangape Ridings, and is now desirous of borrowing an
additional sum of two thousand one hundred pounds under
the authority of section eighteen of the Local Bodies’ Loans
Act, 1913, for the purpose of completing the construction of
various roads :
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 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 Raglan County Council
in respect of the said loan of two thousand one hun-
dred pounds shall be a rate not exceeding six per centum per
annum, and the said Raglan County Council is hereby autho-
rized to borrow the said sum of two thousand one hundred
pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1924, No 26
NZLII —
NZ Gazette 1924, No 26
✨ LLM interpretation of page content
💰
Prescribing Interest Rate for Piako County Council Loan for Metalling Valley and Mount Roads
(continued from previous page)
💰 Finance & Revenue11 April 1924
Loan, Interest rate, Piako County Council, Metalling roads, Valley roads, Mount roads
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Thames Harbour Board Loan for Harbour-improvement Works
💰 Finance & Revenue11 April 1924
Loan, Interest rate, Thames Harbour Board, Harbour-improvement works
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Otaki River Board Loan for River Protective Works
💰 Finance & Revenue11 April 1924
Loan, Interest rate, Otaki River Board, River protective works
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Raglan County Council Loan for Road Construction
💰 Finance & Revenue11 April 1924
Loan, Interest rate, Raglan County Council, Road construction, Pukekawa, Whangape Ridings
- F. D. Thomson, Clerk of the Executive Council