3746
THE NEW ZEALAND GAZETTE.
[No. 17

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 Otahuhu Borough Council has been
authorized to borrow the sum of eight hundred pounds for the
purpose of reconstructing a septic tank :
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 Otahuhu Borough
Council in respect of the said loan of eight hundred pounds
shall be a rate not exceeding six per centum per annum, and
the said Otahuhu Borough Council is hereby authorized to
borrow the said sum of eight hundred pounds accordingly.

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

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.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 9th day of
March, 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, 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
authorized 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 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 Pahiatua County
Council in respect of the said loan of two thousand six
hundred and fifty pounds shall be a rate not exceeding six
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
Rangitikei County Council in respect of a Loan of £1,750,
authorized to be raised for completing an Undertaking.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 9th day of
March, 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, 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 Rangitikei County Council has been
authorized to borrow the sum of seventeen thousand five
hundred pounds for the provision of a gravel-pit and county
offices, and is now desirous of borrowing an additional sum of
one thousand seven hundred and fifty pounds under the
authority of section eighteen of the Local Bodies’ Loans
Act, 1913, for 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 Rangitikei County
Council in respect of the said loan of one thousand seven
hundred and fifty pounds shall be a rate not exceeding six
per centum per annum, and the said Rangitikei County
Council is hereby authorized to borrow the said sum of one
thousand seven hundred and fifty pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Bluff
Borough Council in respect of a Loan of £2,100, being the
Balance of a Loan of £5,000 authorized to be raised for
Electric Works.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 9th day of
March, 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, 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 Bluff Borough Council has been autho-
rized to borrow the sum of five thousand pounds for electric
works, and is now desirous of raising the sum of two thousand
one hundred pounds, being the balance 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