✨ Local Authority Loan Interest Rates
3200
THE NEW ZEALAND GAZETTE.
[No. 81
Prescribing the Rate of Interest that may be paid by the Thames Borough Council in respect of a Loan of £20,000, being a Further Portion of a Loan of £98,000 authorized to be raised for Sanitary Works.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 10th day of November, 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 Thames Borough Council has been authorized to borrow the sum of ninety-eight thousand pounds for sanitary works, and is now desirous of raising the sum of twenty thousand pounds, being a further portion of the loan of ninety-eight thousand 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 Thames Borough Council in respect of the said loan of twenty thousand pounds shall be a rate not exceeding six per centum per annum, and the said Thames Borough Council is hereby authorized to borrow the said sum of twenty thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Council in respect of the said loan of one thousand one hundred pounds shall be a rate not exceeding six per centum per annum, and the said Patea Borough Council is hereby authorized to borrow the said sum of one thousand one hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Cambridge Borough Council in respect of a Loan of £2,000, being a Portion of a Loan of £2,145 authorized to be raised for the Purpose of erecting and equipping a Fire Station.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 10th day of November, 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 Cambridge Borough Council has been authorized to borrow the sum of two thousand one hundred and forty-five pounds for the purpose of erecting and equipping a fire station, and is now desirous of raising the sum of two thousand pounds, being a portion of the loan of two thousand one hundred and forty-five 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 Cambridge 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 Cambridge 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 Patea Borough Council in respect of a Loan of £1,100, authorized to be raised for increasing the Efficiency of the Borough Water-supply.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 10th day of November, 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 Patea Borough Council has been authorized to borrow the said sum of one thousand one hundred pounds for increasing the efficiency of the borough water-supply:
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 Patea Borough
Prescribing the Rate of Interest that may be paid by the Cambridge Borough Council in respect of a Loan of £5,000, authorized to be raised for the Purchase of Land and the Erection of Abattoirs.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 10th day of November, 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 Cambridge Borough Council has been authorized to borrow the sum of five thousand pounds for the purchase of land and the erection of abattoirs:
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VUW Te Waharoa —
NZ Gazette 1925, No 81
NZLII —
NZ Gazette 1925, No 81
✨ LLM interpretation of page content
💰 Prescribing Interest Rate for Thames Borough Council Loan for Sanitary Works
💰 Finance & Revenue10 November 1925
Loan, Interest Rate, Sanitary Works, Thames Borough Council
- Charles Fergusson, Governor-General
- The Honourable J. G. Coates, Presiding in Council
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Cambridge Borough Council Loan for Fire Station
💰 Finance & Revenue10 November 1925
Loan, Interest Rate, Fire Station, Cambridge Borough Council
- Charles Fergusson, Governor-General
- The Honourable J. G. Coates, Presiding in Council
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Patea Borough Council Loan for Water-supply
💰 Finance & Revenue10 November 1925
Loan, Interest Rate, Water-supply, Patea Borough Council
- Charles Fergusson, Governor-General
- The Honourable J. G. Coates, Presiding in Council
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Cambridge Borough Council Loan for Abattoirs
💰 Finance & Revenue10 November 1925
Loan, Interest Rate, Abattoirs, Cambridge Borough Council
- Charles Fergusson, Governor-General
- The Honourable J. G. Coates, Presiding in Council
- F. D. Thomson, Clerk of the Executive Council