✨ Local Authority Loan Interest Rates
Oct. 30.] THE NEW ZEALAND GAZETTE. 2611
interest that may be paid by the Oamaru Borough Council
in respect of the said loan of seven thousand two hundred and
sixty pounds shall be a rate not exceeding five and three-
quartesr per centum per annum, and the said Oamaru Borough
Council is hereby authorized to borrow the sum of seven
thousand two hundred and sixty pounds accordingly.
F. D. THOMSON,
Clerk of the Executive 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 speci-
fied 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 Oamaru Borough Council has been autho-
rized to borrow the sum of two thousand pounds for North
End street-improvements :
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 Oamaru Borough Council
in respect of the said loan of two thousand pounds shall be a
rate not exceeding five and three-quarters per centum per
annum, and the said Oamaru 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 Oamaru
Borough Council in respect of a Loan of £2,000, authorized
to be raised for North End Street-improvements.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 22nd 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 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 speci-
fied 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 Oamaru Borough Council has been autho-
rized to borrow the sum of ninety-six thousand seven hundred
and twenty-eight pounds for drainage and water works:
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 Oamaru Borough Council
in respect of the said loan of ninety-six thousand seven
hundred and twenty-eight pounds shall be a rate not exceed-
ing five and three-quarters per centum per annum, and the
said Oamaru Borough Council is hereby authorized to borrow
the said sum of ninety-six thousand seven hundred and
twenty-eight pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Oamaru
Borough Council in respect of a Loan of £96,728, authorized
to be raised for Drainage and Water Works.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 22nd day of
October, 1924.
Present:
His Excellency the Governor-General in Council.
Prescribing the Rate of Interest that may be paid by the Oamaru
Borough Council in respect of a Loan of £21,828, authorized
to be raised for Gasworks.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 22nd day of
October, 1924.
Present:
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 speci-
fied 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 Oamaru Borough Council has been autho-
rized to borrow the sum of twenty-one thousand eight hundred
and twenty-eight pounds for gasworks:
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 Oamaru Borough Council
in respect of the said loan of twenty-one thousand eight
hundred and twenty-eight pounds shall be a rate not exceeding
five and three-quarters per centum per annum, and the said
Oamaru Borough Council is hereby authorized to borrow the
said sum of twenty-one thousand eight hundred and twenty-
eight 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 £1,000, authorized
to be raised for the Purpose of forming and metalling Katui-
Donnelly Crossing Road.
JELLICOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 22nd day of
October, 1924.
Present:
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:
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1924, No 70
NZLII —
NZ Gazette 1924, No 70
✨ LLM interpretation of page content
💰
Interest Rate for Oamaru Borough Council Loan for Plant and Machinery
(continued from previous page)
💰 Finance & Revenue22 October 1924
Loan, Interest rate, Oamaru Borough Council, Plant, Machinery
- F. D. Thomson, Clerk of the Executive Council
- Jellicoe, Governor-General
💰 Interest Rate for Oamaru Borough Council Loan for North End Street-improvements
💰 Finance & Revenue22 October 1924
Loan, Interest rate, Oamaru Borough Council, Street-improvements
- F. D. Thomson, Clerk of the Executive Council
- Jellicoe, Governor-General
💰 Interest Rate for Oamaru Borough Council Loan for Drainage and Water Works
💰 Finance & Revenue22 October 1924
Loan, Interest rate, Oamaru Borough Council, Drainage, Water Works
- F. D. Thomson, Clerk of the Executive Council
- Jellicoe, Governor-General
💰 Interest Rate for Oamaru Borough Council Loan for Gasworks
💰 Finance & Revenue22 October 1924
Loan, Interest rate, Oamaru Borough Council, Gasworks
- F. D. Thomson, Clerk of the Executive Council
- Jellicoe, Governor-General
💰 Interest Rate for Hobson County Council Loan for Katui-Donnelly Crossing Road
💰 Finance & Revenue22 October 1924
Loan, Interest rate, Hobson County Council, Road construction
- F. D. Thomson, Clerk of the Executive Council
- Jellicoe, Governor-General