Local Authority Loan Interest Rates




2292
THE NEW ZEALAND GAZETTE.
[No. 64

Prescribing the Rate of Interest that may be paid by the Hobson County Council in respect of a Loan of £1,000, being a Portion of a Loan of £5,000 authorized to be raised for the Purpose of forming and metalling Roads in the Maungaru Riding.

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, 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 Hobson County Council has been authorized to borrow the sum of five thousand pounds, for the purpose of forming and metalling roads in the Maungaru Riding, and is now desirous of raising the sum of one thousand pounds, being a portion of the loan of 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 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 thousand 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 thousand pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Whangaroa County Council in respect of a Loan of £550, authorized to be raised for the Purchase of a Cattle-dip.

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, 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 Whangaroa County Council has been authorized to borrow the sum of five hundred and fifty pounds for the purpose of a cattle-dip:

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

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

Prescribing the Rate of Interest that may be paid by the Waipukurau Borough Council in respect of a Loan of £400, being a Further Portion of a Loan of £2,000 authorized to be raised for the Purpose of financially assisting Property-owners to connect with the Borough Sewerage.

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, 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 Waipukurau Borough Council has been authorized to borrow the sum of two thousand pounds for the purpose of financially assisting property-owners to connect with the borough sewerage, and is now desirous of raising the sum of four hundred pounds, being a further portion of a loan of two 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 Waipukurau Borough Council in respect of the said loan of four hundred pounds shall be a rate not exceeding six per centum per annum, and the said Waipukurau Borough Council is hereby authorized to borrow the said sum of four hundred pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Hobson County Council in respect of a Loan of £700, authorized to be raised for the Purpose of forming and metalling Roads in the Tangowahine Valley, Karaka Special-rating Area.

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, 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 Hobson County Council has been authorized to borrow the sum of seven hundred pounds for the



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VUW Te Waharoa PDF NZ Gazette 1924, No 64


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💰 Prescribing Interest Rate for Hobson County Council Loan for Road Works

💰 Finance & Revenue
6 October 1924
Loan, Interest Rate, Hobson County Council, Road Works, Maungaru Riding
  • JELLICOE, Governor-General
  • F. D. THOMSON, Clerk of the Executive Council

💰 Prescribing Interest Rate for Whangaroa County Council Loan for Cattle-dip

💰 Finance & Revenue
6 October 1924
Loan, Interest Rate, Whangaroa County Council, Cattle-dip
  • JELLICOE, Governor-General
  • F. D. THOMSON, Clerk of the Executive Council

💰 Prescribing Interest Rate for Waipukurau Borough Council Loan for Sewerage

💰 Finance & Revenue
6 October 1924
Loan, Interest Rate, Waipukurau Borough Council, Sewerage
  • JELLICOE, Governor-General
  • F. D. THOMSON, Clerk of the Executive Council

💰 Prescribing Interest Rate for Hobson County Council Loan for Road Works in Tangowahine Valley

💰 Finance & Revenue
6 October 1924
Loan, Interest Rate, Hobson County Council, Road Works, Tangowahine Valley, Karaka Special-rating Area
  • JELLICOE, Governor-General
  • F. D. THOMSON, Clerk of the Executive Council