JULY 2.] THE NEW ZEALAND GAZETTE. 2011

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 pre-
cedent 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-two 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 Central Electric-power Board may
borrow the said sum of twenty thousand pounds shall be
thirty-two years, and the said Central Electric-power Board
is hereby authorized to borrow the said sum of twenty
thousand pounds accordingly.

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

%%% Prescribing the Rate of Interest that may be paid by the Waiapu
County Council in respect of a Loan of £8,000, authorized
to be raised for the Purchase of Machinery for Roading
Purposes.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington this 29th day of
June, 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 autho-
rized before the passing of the said Act, or is thereafter author-
ized, 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 Waiapu County Council has been author-
ized to borrow the sum of eight thousand pounds for the
purchase of machinery for roading purposes:

And whereas the Minister of Finance has given his pre-
cedent 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 Waiapu County
Council in respect of the said loan of eight thousand pounds
shall be a rate not exceeding six per centum per annum,
and the said Waiapu County Council is hereby authorized to
borrow the said sum of eight thousand pounds accordingly.

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

%%% Prescribing the Rate of Interest that may be paid by the Thames
County Council in respect of a Loan of £5,000, authorized
to be raised for the Purpose of completing the Establishment
of the Matatoki Quarry.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 29th day of
June, 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 autho-
rized before the passing of the said Act, or is thereafter author-
ized, 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

of interest, or for such term, as may be prescribed by the
Governor-General by Order in Council:

And whereas the Thames County Council has been autho-
rized to borrow the sum of five thousand pounds for the pur-
pose of completing the establishment of the Matatoki Quarry:

And whereas the Minister of Finance has given his pre-
cedent 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 Thames County
Council in respect of the said loan of five thousand pounds
shall be a rate not exceeding six per centum per annum,
and the said Thames County Council is hereby authorized
to borrow the said sum of five thousand pounds accordingly.

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

%%% Prescribing the Rate of Interest that may be paid by the Avondale
Borough Council in respect of a Loan of £7,500, being a
Portion of a Loan of £22,200 authorized to be raised for
Water-reticulation.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government House, at Wellington, this 29th day of
June, 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 autho-
rized before the passing of the said Act, or is thereafter author-
ized, 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 Avondale Borough Council has been
authorized to borrow the sum of twenty-two thousand two
hundred pounds for water-reticulation, and is now desirous of
raising the sum of seven thousand five hundred pounds, being
a portion of the loan of twenty-two thousand two 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 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 Avondale Borough
Council in respect of the said loan of seven thousand five
hundred pounds shall be a rate not exceeding six per centum
per annum, and the said Avondale Borough Council is hereby
authorized to borrow the said sum of seven thousand five
hundred pounds accordingly.

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

%%% Prescribing the Rate of Interest that may be paid by the Masterton
Borough Council in respect of a Loan of £12,750, authorized
to be raised for the Provision of a Water-supply.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 29th day of
June, 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 autho-
rized before the passing of the said Act, or is thereafter author-
ized, 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