Local Authority Loan Orders




Nov. 6.]

THE NEW ZEALAND GAZETTE.

2669

Prescribing the Rate of Interest that may be paid by the
Pahiatua County Council in respect of a Loan of £2,650,
authorized to be raised for the Reconstruction of Konini and
Warren's Bridges.

JELLICOE, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 29th 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 Pahiatua County Council has been autho-
rized to borrow the sum of two thousand six hundred and
fifty pounds for the reconstruction of Konini and Warren's
Bridges:

And whereas the Minister of Finance has given his prece-
dent 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 Pahiatua County
Council in respect of the said loan of two thousand six hun-
dred and fifty pounds shall be a rate not exceeding five and
three-quarters per centum per annum, and the said Pahiatua
County Council is hereby authorized to borrow the said sum
of two thousand six hundred and fifty pounds accordingly.

F. D. THOMSON,
Clerk of the Executive Council

Prescribing the Rate of Interest that may be paid by the
Murchison County Council in respect of a Loan of £2,000,
authorized to be raised for Electric Works.

JELLICOE, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 29th 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
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 Murchison County Council has been
authorized to borrow the sum of two thousand pounds for
electric works:

And whereas the Minister of Finance has given his prece-
dent 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 Murchison County
Council in respect of the said loan of two thousand pounds
shall be a rate not exceeding six per centum per annum, and
the said Murchison County Council is hereby authorized to
borrow the said sum of two thousand pounds accordingly.

F. D. THOMSON,
Clerk of the Executive Council

Prescribing the Term for which the Tauranga Borough Council
may borrow the Sum of £400, authorized to be raised for the
Purchase of Street-making Plant, and also the Rate of Interest
payable thereon.

JELLICOE, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 29th 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 Tauranga Borough Council has been
authorized to borrow the sum of four hundred pounds for
the purchase of street-making plant:

And whereas the Minister of Finance has given his prece-
dent consent as required by the above-recited section eleven,
and it is desired that the term for which the money may be
borrowed be ten years, and the rate of interest payable
thereon 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
term for which the Tauranga Borough Council may borrow
the said sum of four hundred pounds shall be ten years and
the rate of interest that may be paid thereon shall be a
rate not exceeding six per centum per annum, and the said
Tauranga 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
Stratford Borough Council in respect of a Loan of £25,000,
authorized to be raised for Electric Works.

JELLICOE, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 29th 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 Stratford Borough Council has been
authorized to borrow the sum of twenty-five thousand pounds
for electric works:

And whereas the Minister of Finance has given his prece-
dent consent as required by the above-recited section eleven,



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VUW Te Waharoa PDF NZ Gazette 1924, No 73


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✨ LLM interpretation of page content

💰 Prescribing Interest Rate for Pahiatua County Council Loan

💰 Finance & Revenue
29 October 1924
Loan, Interest Rate, Pahiatua County Council, Konini Bridge, Warren's Bridge
  • JELLICOE, Governor-General
  • F. D. THOMSON, Clerk of the Executive Council

💰 Prescribing Interest Rate for Murchison County Council Loan

💰 Finance & Revenue
29 October 1924
Loan, Interest Rate, Murchison County Council, Electric Works
  • JELLICOE, Governor-General
  • F. D. THOMSON, Clerk of the Executive Council

💰 Prescribing Term and Interest Rate for Tauranga Borough Council Loan

💰 Finance & Revenue
29 October 1924
Loan, Term, Interest Rate, Tauranga Borough Council, Street-making Plant
  • JELLICOE, Governor-General
  • F. D. THOMSON, Clerk of the Executive Council

💰 Prescribing Interest Rate for Stratford Borough Council Loan

💰 Finance & Revenue
29 October 1924
Loan, Interest Rate, Stratford Borough Council, Electric Works
  • JELLICOE, Governor-General
  • F. D. THOMSON, Clerk of the Executive Council