✨ Local Authority Loan Interest Rates
1774
THE NEW ZEALAND GAZETTE.
[No. 51
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 Ōtaki Borough Council in respect of the said loan of seven thousand pounds shall be a rate not exceeding six per centum per annum, and the said Ōtaki Borough Council is hereby authorized to borrow the said sum of seven thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council
Prescribing the Rate of Interest that may be paid by the Feilding Borough Council in respect of a Loan of £2,000, authorized to be raised for the Purpose of constructing a Bridge in Derby Street.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 28th day of July, 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, 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 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 Feilding Borough Council in respect of the said loan of two thousand pounds shall be a rate not exceeding six per centum per annum, and the said Feilding Borough Council is hereby authorized to borrow the said sum of two thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council
Prescribing the Rate of Interest that may be paid by the Feilding Borough Council in respect of a Loan of £2,000, authorized to be raised for the Purpose of constructing a Bridge in South Street.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 28th day of July, 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, 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 Feilding Borough Council has been authorized to borrow the sum of two thousand pounds for the purpose of constructing a bridge in South Street :
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 Feilding Borough Council in respect of the said loan of two thousand pounds shall be a rate not exceeding six per centum per annum, and the said Feilding Borough Council is hereby authorized to borrow the said sum of two thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Kaikoura County Council in respect of a Loan of £1,370, authorized to be raised for Electrical Purposes.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 28th day of July, 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, 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 Kaikoura County Council has been authorized to borrow the sum of one thousand three hundred and seventy pounds for electrical 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 Kaikoura County Council in respect of the said loan of one thousand three hundred and seventy pounds shall be a rate not exceeding six per centum per annum, and the said Kaikoura County Council is hereby authorized to borrow the said sum of one thousand three hundred and seventy pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council
Prescribing the Rate of Interest that may be paid by the Hamilton Borough Council in respect of a Loan of £8,000, being a Further Portion of a Loan of £30,000 authorized to be raised for constructing Drains and Drainage-works in the Frankton Special-rating Area.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 28th day of July, 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, 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,
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1924, No 51
NZLII —
NZ Gazette 1924, No 51
✨ LLM interpretation of page content
💰
Prescribing Interest Rate for Otaki Borough Council Loan Balance
(continued from previous page)
💰 Finance & Revenue28 July 1924
Finance Act, 1921, Otaki Borough Council, Loan, Interest Rate, High-pressure Water-supply
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Feilding Borough Council Loan for Derby Street Bridge
💰 Finance & Revenue28 July 1924
Finance Act, 1921, Feilding Borough Council, Loan, Interest Rate, Bridge Construction, Derby Street
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Feilding Borough Council Loan for South Street Bridge
💰 Finance & Revenue28 July 1924
Finance Act, 1921, Feilding Borough Council, Loan, Interest Rate, Bridge Construction, South Street
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Kaikoura County Council Loan for Electrical Purposes
💰 Finance & Revenue28 July 1924
Finance Act, 1921, Kaikoura County Council, Loan, Interest Rate, Electrical Purposes
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Hamilton Borough Council Loan for Frankton Drainage Works
💰 Finance & Revenue28 July 1924
Finance Act, 1921, Hamilton Borough Council, Loan, Interest Rate, Drainage Works, Frankton Special-rating Area
- F. D. Thomson, Clerk of the Executive Council