Loan Interest Rate Orders




Dec. 17.

THE NEW ZEALAND GAZETTE.

3401

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 four thousand 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 four 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 £500,
authorized to be raised for the Formation of a Portion of the
Clevedon-Takanini Road.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 30th 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 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 Manukau County Council has been authorized
to borrow the sum of five hundred pounds for the
formation of a portion of the Clevedon-Takanini 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 Manukau County Council
in respect of the said loan of five hundred 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 five hundred pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the
Awatere County Council in respect of a Loan of £6,000,
authorized to be raised for the Purpose of dealing with Flood
Damage caused at Woodman's Bend.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 30th 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 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 Awatere County Council has been authorized
to borrow the sum of six thousand pounds for the
purpose of dealing with flood damage caused at Woodman's
Bend:
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 Awatere County
Council in respect of the said loan of six thousand pounds
shall be a rate not exceeding six per centum per annum,
and the said Awatere County Council is hereby authorized
to borrow the said sum of six thousand pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Te
Kuiti Borough Council in respect of a Loan of £6,000,
authorized to be raised for the Purpose of establishing
Abattoirs.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 30th 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 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 Te Kuiti Borough Council has been authorized
to borrow the sum of six thousand pounds for the purpose of establishing abattoirs:
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 Te Kuiti Borough
Council in respect of the said loan of six thousand pounds
shall be a rate not exceeding six per centum per annum, and
the said Te Kuiti Borough Council is hereby authorized to
borrow the said sum of six thousand pounds accordingly.

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

Prescribing the Term for which the Auckland City Council may
borrow the Sum of £12,000, authorized to be raised for the
Erection of a Branch Library at Remuera, and also the Rate of
Interest payable thereon.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 7th day
of December, 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



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1925, No 85


NZLII PDF NZ Gazette 1925, No 85





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💰 Prescribing Rate of Interest for Manukau County Council Loan (continued from previous page)

💰 Finance & Revenue
30 November 1925
Loan, Interest Rate, Manukau County Council, Finance Act 1921
  • Charles Fergusson, Governor-General
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Rate of Interest for Clevedon-Takanini Road Loan

💰 Finance & Revenue
30 November 1925
Loan, Interest Rate, Manukau County Council, Clevedon-Takanini Road, Finance Act 1921
  • Charles Fergusson, Governor-General
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Rate of Interest for Awatere County Council Loan

💰 Finance & Revenue
30 November 1925
Loan, Interest Rate, Awatere County Council, Flood Damage, Woodman's Bend, Finance Act 1921
  • Charles Fergusson, Governor-General
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Rate of Interest for Te Kuiti Borough Council Loan

💰 Finance & Revenue
30 November 1925
Loan, Interest Rate, Te Kuiti Borough Council, Abattoirs, Finance Act 1921
  • Charles Fergusson, Governor-General
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Term and Rate of Interest for Auckland City Council Loan

💰 Finance & Revenue
7 December 1925
Loan, Interest Rate, Term, Auckland City Council, Remuera Branch Library, Finance Act 1921
  • Charles Fergusson, Governor-General
  • F. D. Thomson, Clerk of the Executive Council