APRIL 2.]
THE NEW ZEALAND GAZETTE.

Prescribing the Rate of Interest that may be paid by the
Palmerston North Borough Council in respect of a Loan of
£6,500, authorized to be raised for the Purchase of Ground
for a Cemetery.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 23rd day
of March, 1925.
Present:

THE HONOURABLE SIR FRANCIS BELL PRESIDING 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 autho-
rized before the passing of the said Act, or is thereafter autho-
rized, to borrow money, whether pursuant to a poll of rate-
payers 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 by prescribed by the
Governor-General by Order in Council:

And whereas the Palmerston North Borough Council has
been authorized to borrow the sum of six thousand five
hundred pounds for the purchase of ground for a cemetery :

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 Palmerston North
Borough Council in respect of the said loan of six thousand
five hundred pounds shall be a rate not exceeding six per
centum per annum, and the said Palmerston North Borough
Council is hereby authorized to borrow the said sum of six
thousand five hundred pounds accordingly.

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

Prescribing the Term for which the Tamaki Road Board may
borrow the Sum of £3,000, being a Further Portion of a
Loan of £32,000 authorized to be raised for Improvement of
Subsidiary Roads, and also the Rate of Interest payable
thereon.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 23rd day
of March, 1925.
Present:

THE HONOURABLE SIR FRANCIS BELL PRESIDING 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 autho-
rized before the passing of the said Act, or is thereafter autho-
rized, to borrow money, whether pursuant to a poll of rate-
payers 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 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 Tamaki Road Board has been authorized
to borrow the sum of thirty-two thousand pounds for the
improvement of subsidiary roads, and is now desirous of
raising the sum of three thousand pounds, being a further
portion of the loan of thirty-two thousand 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 term for which the money may be
borrowed be thirty-four 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 Tamaki Road Board may borrow
the said sum of three thousand pounds shall be thirty-four
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 Tamaki Road Board is hereby authorized to
borrow the said sum of three thousand pounds accordingly.

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

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 Tamaki Road Board may borrow
the said sum of three thousand pounds shall be thirty-four
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 Tamaki Road Board is hereby authorized to
borrow the said sum of three thousand pounds accordingly.

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

Prescribing the Term for which the Tamaki Road Board may
borrow the Sum of £10,000, being a Further Portion of a
Loan of £47,500 authorized to be raised for Road-con-
struction, and also the Rate of Interest payable thereon.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 23rd day
of March, 1925.
Present:

THE HONOURABLE SIR FRANCIS BELL PRESIDING 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 autho-
rized before the passing of the said Act, or is thereafter autho-
rized, to borrow money, whether pursuant to a poll of rate-
payers 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 Tamaki Road Board has been authorized
to borrow the sum of forty-seven thousand five hundred
pounds for road-construction, and is now desirous of raising
the sum of ten thousand pounds, being a further portion of
the loan of forty-seven thousand five hundred 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 term for which the money may be
borrowed be thirty-five 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 Tamaki Road Board may borrow
the said sum of ten thousand pounds shall be thirty-five
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 Tamaki Road Board is hereby authorized to borrow the
said sum of ten thousand pounds accordingly.

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

Prescribing the Term for which the Tamaki Road Board may
borrow the Sum of £16,000, being a Further Portion of a
Loan of £90,000 authorized for Drainage-works, and also
the Rate of Interest payable thereon.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 23rd day
of March, 1925.
Present:

THE HONOURABLE SIR FRANCIS BELL PRESIDING 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 autho-
rized before the passing of the said Act, or is thereafter autho-
rized, to borrow money, whether pursuant to a poll of rate-
payers 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: