JAN. 29.] THE NEW ZEALAND GAZETTE. 251
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 Hokianga County Council in respect of the said loan of twelve thousand five hundred pounds shall be a rate not exceeding five and three-quarters per centum per annum, and the said Hokianga Country Council is hereby authorized to borrow the said sum of twelve thousand five hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
And whereas the Hawke's Bay Electric-power Board has been authorized to borrow the sum of four thousand pounds for electric works in the Greenmeadows Special-rating Area:
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 five and three-quarters 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 Hawke's Bay Electric-power Board in respect of the said loan of four thousand pounds shall be a rate not exceeding five and three-quarters per centum per annum, and the said Hawke's Bay Electric-power Board is hereby authorized to borrow the said sum of four thousand pounds accordingly.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 26th day of January, 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, 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 Hokianga County Council has been authorized to borrow the sum of five thousand pounds for roading and the construction of a wharf:
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 five and three-quarters 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 Hokianga County Council in respect of the said loan of five thousand pounds shall be a rate not exceeding five and three-quarters per centum per annum, and the said Hokianga 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 Manukau County Council in respect of a Loan of £275, authorized to be raised for completing the Purchase of a Site and the Erection of a Public Hall thereon at Mangere East.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 26th day of January, 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, 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 Manukau County Council has been authorized to borrow the sum of two thousand seven hundred and fifty pounds for the purchase of a site and the erection of a public hall thereon at Mangere East, and is now desirous of raising the sum of two hundred and seventy-five 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 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 Manukau County Council in respect of the said loan of two hundred and seventy-five pounds shall be a rate not exceeding six per centum per annum, and the said Manukau County Council is hereby authorized to borrow the said sum of two hundred and seventy-five pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Manukau County Council in respect of a Loan of £125, authorized to be raised for completing Additional Work in connection with the Erection of a Public Hall at Mangere East.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNIL.
At the Government House at Wellington, this 26th day of January, 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, notwithstanding anything to the contrary in any Act or in any rule