✨ Loan Interest Rates and Mining Regulations
566
THE NEW ZEALAND GAZETTE.
[No. 12
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 Sumner Borough Council in respect of the said loan of one thousand pounds shall be a rate not exceeding five and three-quarters per centum per annum, and the said Sumner Borough 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 Manurewa Town Board in respect of a Loan of £2,500, being a Portion of a Loan of £15,650 authorized to be raised for Road-improvements, Footpath-formation, and Surfacing.
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 Manurewa Town Board has been authorized to borrow the sum of fifteen thousand six hundred and fifty pounds for road-improvements, footpath-formation, and surfacing, and is now desirous of raising the sum of two thousand five hundred pounds, being a portion of the loan of fifteen thousand six hundred and fifty 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 Manurewa Town Board in respect of the said loan of two thousand five hundred pounds shall be a rate not exceeding six per centum per annum, and the said Manurewa Town Board is hereby authorized to borrow the said sum of two thousand five hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Papatoetoe Town Board in respect of a Loan of £1,200, authorized to be raised for the Purpose of completing Road-improvements.
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 Papatoetoe Town Board has been authorized to borrow the sum of twelve thousand two hundred pounds for road-improvements, and is now desirous of borrowing an additional sum of one thousand two hundred pounds under the authority of section eighteen of the Local Bodies' Loans Act, 1913, for the purpose of completing the undertaking:
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 Papatoetoe Town Board in respect of the said loan of one thousand two hundred pounds shall be a rate not exceeding six per centum per annum, and the said Papatoetoe Town Board is hereby authorized to borrow the said sum of one thousand two hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council
Amended Regulations under the Mining Act, 1908, for the Control of Operations in connection with Prospecting for, Production, and Storage of Mineral Oils and Natural Gas.
CHARLES FERGUSSON, Governor-General.
IN pursuance and exercise of the powers conferred upon him by the Mining Act, 1908, and its amendments, His Excellency the Governor-General of the Dominion of New Zealand doth hereby make the following additional amendments to the regulations made under the said Act on the third day of August, one thousand nine hundred and fifteen, and the fifteenth day of November, one thousand nine hundred and twenty-one, and gazetted on the fifth day of August, one thousand nine hundred and fifteen, and the twenty-fourth day of November, one thousand nine hundred and twenty-one, respectively (hereinafter referred to as “the said regulations”); and doth hereby declare that the amendments to the said regulations hereby made shall be read as part of the principal regulations, and shall come into force on the date of the gazetting hereof.
AMENDMENTS TO REGULATIONS.
REGULATIONS 205 and 212 of the said regulations are hereby revoked, and the following substituted therefor:—
“205. No well shall be drilled within a distance of 132 yards from an adjoining well or within a distance of 66 yards from the nearest boundary of an adjoining property, the mineral rights of which are owned or leased under different ownership.”
“212. There shall be constructed near the derrick a gas-proof tank or tanks of adequate capacity for oil from outbursts or from well operations where outbursts are probable, and the oil shall be conveyed thereto through iron pipes in such a manner as to prevent loss of oil or pollution of the surrounding surface.”
Regulation 216 of the said regulations is hereby amended by adding thereto the words “Where steam is available, provision shall be made for utilizing it readily for fire-extinguishing purposes.”
Regulation 220 of the said regulations is hereby amended by inserting before the word “galleries” in the first line thereof the words “Where drilling-rods are used.”
Regulation 228 of the said regulations is hereby amended by adding thereto the following proviso:—
“Provided that if an iron brake-band be used upon a wooden wheel suitable provision shall be made for an adequate supply of water to be applied to the brake-band.”
Regulations 235, 236, and 258 of the said regulations are hereby revoked, and the following substituted therefor:—
“235. In the event of a dangerous outburst of oil or gas the fire in the boiler shall be extinguished as quickly as possible. Withdrawal of the fire is prohibited. Where oil or gas is being used for fuel a throttle valve to control the flow of the oil or gas shall be provided on the pipe-line outside of the boiler-house and at least 20 ft. from the wall thereof.
“236. In the event of an outburst of oil or gas possessing extraordinary force, the well-manager, or if he is not present, the next in authority, shall see that the boiler-fire is extinguished, and that such other precautions are taken as are necessary for safety. He shall also immediately notify the Inspector of the occurrence.”
“258. Every oil-tank at well operations shall be constructed of fireproof material, and shall be efficiently protected and closed.”
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VUW Te Waharoa —
NZ Gazette 1925, No 12
NZLII —
NZ Gazette 1925, No 12
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💰
Prescribing the Rate of Interest for Sumner Borough Council Loan
(continued from previous page)
💰 Finance & Revenue16 February 1925
Loan, Interest rate, Sumner Borough Council, Road-improvements
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Manurewa Town Board Loan
💰 Finance & Revenue16 February 1925
Loan, Interest rate, Manurewa Town Board, Road-improvements
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Papatoetoe Town Board Loan
💰 Finance & Revenue16 February 1925
Loan, Interest rate, Papatoetoe Town Board, Road-improvements
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council
🌾 Amended Regulations for Mineral Oils and Natural Gas Prospecting
🌾 Primary Industries & ResourcesMining Act, Regulations, Mineral Oils, Natural Gas, Drilling, Safety
- Charles Fergusson, Governor-General