Local Authority Loan Orders




Feb. 19.] THE NEW ZEALAND GAZETTE. 563

Council of the said Dominion, doth hereby prescribe that the rate of interest that may be paid by the Henderson Town Board in respect of the said loan of eight hundred and fifty pounds shall be a rate not exceeding six per centum per annum, and the said Henderson Town Board is hereby authorized to borrow the said sum of eight hundred and fifty pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Henderson Town Board in respect of a Loan of £650, authorized to be raised for the Purchase of a Site and the Erection of Office Building.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 16th day of February, 1925.

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 Henderson Town Board has been authorized to borrow the sum of six hundred and fifty pounds for the purchase of a site and the erection of office building:

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 Henderson Town Board in respect of the said loan of six hundred and fifty pounds shall be a rate not exceeding six per centum per annum, and the said Henderson Town Board is hereby authorized to borrow the said sum of 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 Whangarei County Council in respect of a Loan of £1,500, authorized to be raised for forming, constructing, and metalling the Whananaki Access Road.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 16th day of February, 1925.

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 Whangarei County Council has been authorized to borrow the sum of one thousand five hundred pounds for forming, constructing, and metalling the Whananaki Access Road:

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 Whangarei County Council in respect of the said loan of one thousand five hundred pounds shall be a rate not exceeding five and three-quarters per centum per annum, and the said Whangarei County Council is hereby authorized to borrow the said sum of one thousand five hundred pounds accordingly.

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

Prescribing the Term for which the Kaikoura County Council may borrow the Sum of £1,250, authorized to be raised for the Purpose of forming and fencing the Puhipuhi East Road.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 16th day of February, 1925.

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 Kaikoura County Council has been authorized to borrow the sum of one thousand two hundred and fifty pounds for the purpose of forming and fencing the Puhipuhi East Road for a term of thirty-six years:

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 term for which the said one thousand two hundred and fifty pounds may be borrowed be thirty-six and a half years:

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 Kaikoura County Council may borrow the said sum of one thousand two hundred and fifty pounds shall be thirty-six and a half years, and the said Kaikoura County Council is hereby authorized to borrow the said sum of one thousand two hundred and fifty pounds for this term.

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

Prescribing the Rate of Interest that may be paid by the Piako County Council in respect of a Loan of £900, authorized to be raised for the Purpose of metalling Portion of the Motumaoho Main Road.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 16th day of February, 1925.

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



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1925, No 12


NZLII PDF NZ Gazette 1925, No 12





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💰 Prescribing the Rate of Interest for Henderson Town Board Loan for Recreation Land (continued from previous page)

💰 Finance & Revenue
16 February 1925
Loan, Interest rate, Henderson Town Board, Recreation land
  • F. D. Thomson, Clerk of the Executive Council
  • Charles Fergusson, Governor-General

💰 Prescribing the Rate of Interest for Henderson Town Board Loan for Office Building

💰 Finance & Revenue
16 February 1925
Loan, Interest rate, Henderson Town Board, Office building
  • F. D. Thomson, Clerk of the Executive Council
  • Charles Fergusson, Governor-General

💰 Prescribing the Rate of Interest for Whangarei County Council Loan for Whananaki Access Road

💰 Finance & Revenue
16 February 1925
Loan, Interest rate, Whangarei County Council, Whananaki Access Road
  • F. D. Thomson, Clerk of the Executive Council
  • Charles Fergusson, Governor-General

💰 Prescribing the Term for Kaikoura County Council Loan for Puhipuhi East Road

💰 Finance & Revenue
16 February 1925
Loan, Term, Kaikoura County Council, Puhipuhi East Road
  • F. D. Thomson, Clerk of the Executive Council
  • Charles Fergusson, Governor-General

💰 Prescribing the Rate of Interest for Piako County Council Loan for Motumaoho Main Road

💰 Finance & Revenue
16 February 1925
Loan, Interest rate, Piako County Council, Motumaoho Main Road
  • F. D. Thomson, Clerk of the Executive Council
  • Charles Fergusson, Governor-General