JUNE 25.]
THE NEW ZEALAND GAZETTE.
1971

Prescribing the Rate of Interest that may be paid by the Whangarei Borough Council in respect of a Loan of £200, authorized to be raised for the Purpose of completing the Purchase of Kensington Park.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 13th day of June, 1925.
Present:
THE HONOURABLE J. G. COATES PRESIDING 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 Borough Council has been authorized to borrow the sum of two thousand five hundred pounds for the purpose of purchasing Kensington Park, and is now desirous of borrowing an additional sum of two hundred pounds 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 powers and authorities 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 Borough Council in respect of the said loan of two hundred pounds shall be a rate not exceeding six per centum per annum, and the said Whangarei Borough Council is hereby authorized to borrow the said sum of two hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the New Plymouth Borough Council in respect of a Loan of £3,100, authorized to be raised for the Purpose of completing the Additions and Extensions to the Electric Lighting and Power Works.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 13th day of June, 1925.
Present:
THE HONOURABLE J. G. COATES PRESIDING 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 New Plymouth Borough Council has been authorized to borrow the sum of thirty-one thousand five hundred pounds for the purpose of providing additions and extensions to the electric lighting and power works, and is now desirous of borrowing an additional sum of three thousand one 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 New Plymouth Borough Council in respect of the said loan of three thousand one hundred pounds shall be a rate not exceeding six per centum per annum, and the said New Plymouth Borough Council is hereby authorized to borrow the said sum of three thousand one hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the Whangarei Borough Council in respect of a Loan of £100, authorized to be raised for the Purpose of completing the Improvements to Kensington Park.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 13th day of June, 1925.
Present:
THE HONOURABLE J. G. COATES PRESIDING 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 Borough Council has been authorized to borrow the sum of three thousand pounds for the purpose of improving Kensington Park, and is now desirous of borrowing an additional sum of one 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 Whangarei Borough Council in respect of the said loan of one hundred pounds shall be a rate not exceeding six per centum per annum, and the said Whangarei Borough Council is hereby authorized to borrow the said sum of one hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the Whangarei Borough Council in respect of a Loan of £2,575, authorized to be raised for the Purpose of completing the Improvement of Streets.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 13th day of June, 1925.
Present:
THE HONOURABLE J. G. COATES PRESIDING 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