Local Authority Loan Orders




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

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

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-
quartners 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 hundred 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 Tamaki West Road Board
is hereby authorized to borrow the said sum of five hundred
pounds accordingly.

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

ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 17th day
of April, 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, 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 Mackenzie County Council has been
authorized to borrow the sum of two hundred and eighty
pounds for the purpose of extending the Fairlie electric-light
scheme:

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

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

ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 17th day
of April, 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, 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 Tamaki West Road Board has been
authorized to borrow the sum of five hundred pounds for the
purpose of repaying a maturing loan:

Prescribing the Term for which the Tamaki West Road Board
may borrow the Sum of £500, authorized to be raised for the
Purpose of repaying a Maturing Loan, and also the Rate
of Interest payable thereon.

JELLICOE, Governor-General.

JELLICOE, Governor-General.

ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 17th day
of April, 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, 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 Otahuhu Borough Council has been
authorized to borrow the sum of one hundred and seventy-
five pounds for the purpose of paying compensation for land
dedicated for street-widening purposes:

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

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

ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 17th day
of April, 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, 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 Lower Hutt Borough Council has been
authorized to borrow the sum of £30,000, being portion of a loan
of £31,620, authorized to be raised for purposes incidental
to Fire Prevention, and also the rate of interest payable
thereon.

JELLICOE, Governor-General.

JELLICOE, Governor-General.

ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 17th day
of April, 1924.
Present:
THE RIGHT HONOURABLE W. F. MASSEY, P.C., PRESIDING
IN COUNCIL.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1924, No 28


NZLII PDF NZ Gazette 1924, No 28





✨ LLM interpretation of page content

💰 Prescribing Interest Rate for Leamington Town Board Loan (continued from previous page)

💰 Finance & Revenue
17 April 1924
Loan, Interest Rate, Leamington Town Board, Waikato River, Cambridge
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Term and Interest Rate for Tamaki West Road Board Loan

💰 Finance & Revenue
17 April 1924
Loan, Term, Interest Rate, Tamaki West Road Board
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Interest Rate for Mackenzie County Council Loan

💰 Finance & Revenue
17 April 1924
Loan, Interest Rate, Mackenzie County Council, Fairlie
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Term and Interest Rate for Tamaki West Road Board Loan

💰 Finance & Revenue
17 April 1924
Loan, Term, Interest Rate, Tamaki West Road Board
  • Jellicoe, Governor-General

💰 Prescribing Interest Rate for Otahuhu Borough Council Loan

💰 Finance & Revenue
17 April 1924
Loan, Interest Rate, Otahuhu Borough Council
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Interest Rate for Lower Hutt Borough Council Loan

💰 Finance & Revenue
17 April 1924
Loan, Interest Rate, Lower Hutt Borough Council, Fire Prevention
  • Jellicoe, Governor-General