Loan Interest Rate Notices




Aug. 21.] THE NEW ZEALAND GAZETTE. 2029

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 Stratford County Council in respect of the said three thousand eight hundred pounds shall be a rate not exceeding six per centum per annum, and the said Stratford County Council is hereby authorized to borrow the said sum of three thousand eight hundred 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 a Loan of £2,300, being a Further Portion of a Loan of £21,000, authorized to be raised for the Purpose of effecting Road-improvements in the South 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, 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 Stratford County Council has been authorized to borrow the sum of twenty-one thousand pounds for the purpose of effecting road-improvements in the South Riding and purchasing machinery, and is now desirous of raising the sum of two thousand three hundred pounds, being a further portion of the loan of twenty-one 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 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 Stratford County Council in respect of the said two thousand three hundred pounds shall be a rate not exceeding six per centum per annum, and the said Stratford County Council is hereby authorized to borrow the said sum of two thousand three hundred pounds accordingly.

F. D. THOMSON,
Clerk of the Executive Council


Prescribing the Rate of Interest that may be paid by the Te Awamutu Borough Council in respect of a Loan of £25,000, being a Portion of a Loan of £40,000 authorized to be raised for the Purpose of constructing Streets.


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, 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 Te Awamutu Borough Council has been authorized to borrow the sum of forty thousand pounds for the purpose of constructing streets, and is now desirous of raising the sum of twenty-five thousand pounds, being a portion of the loan of forty 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 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 rate of interest that may be paid by the Te Awamutu Borough Council in respect of the said loan of twenty-five thousand pounds shall be a rate not exceeding five and three-quarters per centum per annum, and the said Te Awamutu Borough Council is hereby authorized to borrow the said sum of twenty-five thousand pounds accordingly.

F. D. THOMSON,
Clerk of the Executive Council


Prescribing the Rate of Interest that may be paid by the Riccarton Borough Council in respect of a Loan of £3,670, authorized to be raised for Repayment of the South Area Loan.


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, 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 Riccarton Borough Council has been authorized to borrow the sum of three thousand six hundred and seventy pounds for repayment of the South Area Loan:

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 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 rate of interest that may be paid by the Riccarton Borough Council in respect of the said loan of three thousand six hundred and seventy pounds shall be a rate not exceeding five and three-quarters per centum per annum, and the said Riccarton Borough Council is hereby authorized to borrow the said sum of three thousand six hundred and seventy pounds accordingly.

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


Prescribing the Rate of Interest that may be paid by the Raetihi Borough Council in respect of a Loan of £300, authorized to be raised for completing the Electric Works.


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, notwithstanding anything to the contrary in any Act or in any rule of law, where a local authority or public body has been



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1924, No 57


NZLII PDF NZ Gazette 1924, No 57





✨ LLM interpretation of page content

💰 Prescribing Interest Rate for Stratford County Council Loan (continued from previous page)

💰 Finance & Revenue
18 August 1924
Loan authorization, Stratford County Council, Road improvements, Machinery purchase, Interest rate, Finance Act 1921
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Interest Rate for Stratford County Council Loan (Further Portion)

💰 Finance & Revenue
18 August 1924
Loan authorization, Stratford County Council, Road improvements, Machinery purchase, Interest rate, Finance Act 1921
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Interest Rate for Te Awamutu Borough Council Loan

💰 Finance & Revenue
18 August 1924
Loan authorization, Te Awamutu Borough Council, Street construction, Interest rate, Finance Act 1921
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Interest Rate for Riccarton Borough Council Loan

💰 Finance & Revenue
18 August 1924
Loan authorization, Riccarton Borough Council, South Area Loan repayment, Interest rate, Finance Act 1921
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Interest Rate for Raetihi Borough Council Loan

💰 Finance & Revenue
18 August 1924
Loan authorization, Raetihi Borough Council, Electric Works completion, Interest rate, Finance Act 1921
  • F. D. Thomson, Clerk of the Executive Council