2028
THE NEW ZEALAND GAZETTE.
[No. 57

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 Moutoa Drainage Board has been autho-
rized to borrow the sum of eight hundred pounds for the
purpose of erecting a worker's dwelling :

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 Moutoa Drainage
Board in respect of the said loan of eight hundred pounds
shall be a rate not exceeding six per centum per annum, and
the said Moutoa Drainage Board is hereby authorized to
borrow the said sum of eight hundred 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 £18,000, authorized
to be raised for the Purpose of forming and metalling various
Roads in the Te Akau and Waingaro Ridings.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 18th day of
August, 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 Raglan County Council has been authorized
to borrow the sum of eighteen thousand pounds for the
purpose of forming and metalling various roads in the Te
Akau and Waingaro Ridings :

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

F. D. THOMSON,
Clerk of the Executive Council

Prescribing the Rate of Interest that may be paid by the
Hastings Borough Council in respect of a Loan of £49,000,
authorized to be raised for the Construction of Footpaths
and Sewers, Roadwork, and Purchase of Machinery.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 18th day of
August, 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 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 Hastings Borough Council has been
authorized to borrow the sum of forty-nine thousand pounds
for the construction of footpaths and sewers, roadwork, and
purchase of machinery :

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 Hastings Borough
Council in respect of the said loan of forty-nine thousand
pounds shall be a rate not exceeding six per centum per
annum, and the said Hastings Borough Council is hereby
authorized to borrow the said sum of forty-nine thousand
pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the
Stratford County Council in respect of the Sum of £3,800,
being a Further Portion of a Loan of £35,000 authorized
to be raised for the Purpose of effecting Road-improvements
in the East Riding and purchasing Machinery.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 18th day of
August, 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 Stratford County Council has been autho-
rized to borrow the sum of thirty-five thousand pounds for
the purpose of effecting road-improvements in the East Riding
and purchasing machinery, and is now desirous of raising
the sum of three thousand eight hundred pounds, being a
further portion of the loan of thirty-five 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 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