✨ Local Authority Loan Interest Rates
2898
rizèd before the passing of the said Act, or is thereafter authorized, 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 Eketahuna County Council has been authorized to borrow the sum of one thousand five hundred pounds for the purpose of erecting a bridge in the Alfredton Riding:
And whereas the Minister of Finance has given his precedent consent as required by the above-recited section eleven, and it it 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 Eketahuna County Council in respect of the said loan of one thousand five hundred pounds shall be a rate not exceeding six per centum per annum, and the said Eketahuna County Council is hereby authorized to borrow the said sum of one thousand five hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Waipawa County Council in respect of a Loan of £600, authorized to be raised for the Purpose of forming, metalling, and culverting a Portion of Rangitoto Road.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings, at Wellington, this 6th day of October, 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 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 Waipawa County Council has been authorized to borrow the sum of six hundred pounds for the purpose of forming, metalling, and culverting a portion of Rangitoto Road:
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 Waipawa County Council in respect of the said loan of six hundred pounds shall be a rate not exceeding six per centum per annum, and the said Waipawa County Council is hereby authorized to borrow the said sum of six hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Waitemata County Council in respect of a Loan of £1,000, authorized to be raised for the Acquisition of Land for an Access Road to the Kumeu Station.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 6th day of October, 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 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 Waitemata County Council has been authorized to borrow the sum of one thousand pounds for the acquisition of land for an access road to the Kumeu Station:
And whereas the Minister of Finance has given his presedent 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 Waitemata County Council in respect of the said loan of one thousand pounds shall be a rate not exceeding six per centum per annum, and the said Waitemata County Council is hereby authorized to borrow the said sum of one thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Eketahuna County Council in respect of the Loan of £3,000, authorized to be raised for the Purpose of erecting Bridges in the East Riding.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 6th day of October, 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 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 Eketahuna County Council has been authorized to borrow the sum of three thousand pounds for the purpose of erecting bridges in the East Riding:
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 Eketahuna County Council in respect of the said loan of three thousand pounds shall be a rate not exceeding six per centum per annum, and the said Eketahuna County Council is hereby authorized to borrow the said sum of three thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Marlborough County Council in respect of a Loan of £1,050, authorized to be raised for the Redemption of Matured Loans.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 6th day of October, 1925.
Present:
THE HONOURANLE 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
No. 71
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1925, No 71
NZLII —
NZ Gazette 1925, No 71
✨ LLM interpretation of page content
💰 Prescribing the Rate of Interest for Eketahuna County Council Loan for Bridge in Alfredton Riding
💰 Finance & Revenue6 October 1925
Loan, Interest rate, Eketahuna County Council, Bridge construction, Alfredton Riding
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Waipawa County Council Loan for Rangitoto Road
💰 Finance & Revenue6 October 1925
Loan, Interest rate, Waipawa County Council, Road construction, Rangitoto Road
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Waitemata County Council Loan for Kumeu Station Access Road
💰 Finance & Revenue6 October 1925
Loan, Interest rate, Waitemata County Council, Land acquisition, Kumeu Station
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Eketahuna County Council Loan for Bridges in East Riding
💰 Finance & Revenue6 October 1925
Loan, Interest rate, Eketahuna County Council, Bridge construction, East Riding
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Marlborough County Council Loan for Redemption of Matured Loans
💰 Finance & Revenue6 October 1925
Loan, Interest rate, Marlborough County Council, Loan redemption
- F. D. Thomson, Clerk of the Executive Council