Oct. 9.] THE NEW ZEALAND GAZETTE. 2291

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 pre-
scribed by the Governor-General by Order in Council:
And whereas the Hobson County Council has been autho-
rized to borrow the sum of one hundred pounds for the purpose
of forming and metalling a portion of Danks Road:
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 Hobson County Council in
respect of the said loan of one hundred pounds shall be a
rate not exceeding six per centum per annum, and the said
Hobson County Council is hereby authorized to borrow the
said sum of one hundred pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Avondale Borough Council in respect of a Loan of £17,000, authorized to be raised for Street-improvements in South Ward.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 6th day of
September, 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 bor-
rowed, at such rate of interest, or for such term, as may
be prescribed by the Governor-General by Order in Council:
And whereas the Avondale Borough Council has been
authorized to borrow the sum of seventeen thousand pounds
for street-improvements in South Ward:
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 Avondale Borough Council
in respect of the said loan of seventeen thousand pounds
shall be a rate not exceeding six per centum per annum, and
the said Avondale Borough Council is hereby authorized to
borrow the said sum of seventeen thousand pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Avondale Borough Council in respect of a Loan of £7,500, authorized to be raised for the Purpose of constructing Main Highway in Concrete.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 6th day of
October, 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 Avondale Borough Council has been
authorized to borrow the sum of seven thousand five hundred
pounds for the purpose of constructing main highway in
concrete:
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 Avondale Borough
Council in respect of the said loan of seven thousand five
hundred pounds shall be a rate not exceeding six per centum
per annum, and the said Avondale Borough Council is hereby
authorized to borrow the said sum of seven thousand five
hundred pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Auckland City Council in respect of a Loan of £400,000, being a Portion of a Loan of £847,000 authorized to be raised for the Purposes specified in the First Column of the Second Schedule of the Auckland City and Auckland Museum Empowering Act, 1924.

JELLICOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 6th day of
October, 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 Auckland City Council has been authorized
to borrow the sum of eight hundred and forty-seven thousand
pounds for the purposes specified in the first column of the
Second Schedule of the Auckland City and Auckland Museum
Empowering Act, 1924, and is now desirous of borrowing the
sum of four hundred thousand pounds, being a portion of the
aforesaid sum of eight hundred and forty-seven 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 one-half 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 Auckland City
Council in respect of the said loan of four hundred thousand
pounds shall be a rate not exceeding five and one-half per
centum per annum, and the said Auckland City Council is
hereby authorized to borrow the said sum of four hundred
thousand pounds accordingly.

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