✨ Local Authority Loan Orders
SEPT. 24.] THE NEW ZEALAND GAZETTE. 2655
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 Ngaruawahia Borough Council has been
authorized to borrow the sum of two thousand pounds for
the purchase of the improvements on the library endowment :
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 Ngaruawahia
Borough Council in respect of the said loan of two thousand
pounds shall be a rate not exceeding six per centum per annum,
and the said Ngaruawahia Borough Council is hereby autho-
rized to borrow the said sum of two thousand pounds
accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Paeroa
Borough Council in respect of a Loan of £2,000, authorized
to be raised for the Purpose of erecting Council Chambers.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 21st day of
September, 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 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 Paeroa Borough Council has been autho-
rized to borrow the sum of two thousand pounds for the
purpose of erecting Council chambers :
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 Paeroa Borough
Council in respect of the said loan of two thousand pounds
shall be a rate not exceeding six per centum per annum, and
the said Paeroa Borough Council is hereby authorized to
borrow the said sum of two thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the
Patangata County Council in respect of a Loan of £860,
authorized to be raised for completing the Widening, Cul-
verting, and Metalling of Cook’s Tooth Road.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 21st day of
September, 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 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 Patangata County Council has been autho-
rized to borrow the sum of eight thousand six hundred pounds
for widening, culverting, and metalling Cook’s Tooth Road,
and is now desirous of borrowing the sum of eight hundred
and sixty pounds under the authority of section eighteen of
the Local Bodies’ Loans Act, 1913, for the purpose of com-
pleting 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 Patangata County
Council in respect of the said loan of eight hundred and sixty
pounds shall be at a rate not exceeding six per centum per
annum, and the said Patangata County Council is hereby
authorized to borrow the said sum of eight hundred and
sixty pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Term for which the Rangiora Borough Council
may borrow the Sum of £2,500, authorized to be raised for the
Acquisition of Land and the Erection of Houses thereon.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 21st day of
September, 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 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 Rangiora Borough Council has been autho-
rized to borrow the sum of two thousand five hundred pounds
for the acquisition of land and the erection of houses thereon :
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 said two thousand
five hundred pounds may be borrowed be twenty 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 Rangiora Borough Council may borrow
the said sum of two thousand five hundred pounds shall be
twenty years, and the said Rangiora Borough Council is
hereby authorized to borrow the said sum of two thousand
five hundred pounds for this term.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Stratford
County Council in respect of a Loan of £3,900, being a
Further Portion of a Loan of £35,000 authorized to be raised
for the Purpose of effecting Road-improvements in the East
Riding and purchasing Machinery.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 21st day of
September, 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-
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1925, No 65
NZLII —
NZ Gazette 1925, No 65
✨ LLM interpretation of page content
💰
Prescribing Interest Rate for Ngaruawahia Borough Council Loan
(continued from previous page)
💰 Finance & Revenue21 September 1925
Loan, Interest Rate, Ngaruawahia Borough Council, Library Endowment
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Paeroa Borough Council Loan
💰 Finance & Revenue21 September 1925
Loan, Interest Rate, Paeroa Borough Council, Council Chambers
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Patangata County Council Loan
💰 Finance & Revenue21 September 1925
Loan, Interest Rate, Patangata County Council, Road Improvements
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Term for Rangiora Borough Council Loan
💰 Finance & Revenue21 September 1925
Loan, Term, Rangiora Borough Council, Land Acquisition
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Stratford County Council Loan
💰 Finance & Revenue21 September 1925
Loan, Interest Rate, Stratford County Council, Road Improvements
- F. D. Thomson, Clerk of the Executive Council