Dec. 23.] THE NEW ZEALAND GAZETTE. 3487

thousand pounds for electrical works, and is now desirous of raising the sum of fifty thousand pounds, being a further portion of the loan of one hundred and fifty 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 term for which the said fifty thousand 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 Thames Valley Electric-power Board may borrow the said sum of fifty thousand pounds shall be twenty years, and the said Thames Valley Electric-power Board is hereby authorized to borrow the said sum of fifty thousand pounds for this term.

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

Prescribing the Term for which the Egmont County Council may borrow the Sum of £20,000, authorized to be raised for the Purpose of re-erecting Bridges.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 14th 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 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 Egmont County Council has been authorized to borrow the sum of twenty thousand pounds for the purpose of re-erecting bridges:
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 twenty thousand pounds may be borrowed be thirty-seven 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 Egmont County Council may borrow the said sum of twenty thousand pounds shall be thirty-seven years, and the said Egmont County Council is hereby authorized to borrow the said sum of twenty thousand pounds for this term.

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

Prescribing the Term for which the Wairarapa Electric-power Board may borrow the Sum of £10,000, authorized to be raised for Electric Works, and also the Rate of Interest payable thereon.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 14th 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 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 Wairarapa Electric-power Board has been authorized to borrow the sum of two hundred and sixty thousand pounds for electric works, and is now desirous of borrowing an additional sum of ten thousand pounds under the authority of section eighteen of the Local Bodies’ Loans Act, 1913, 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 term for which the money may be borrowed be thirty-six and a half years, and the rate of interest payable thereon 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 term for which the Wairarapa Electric-power Board may borrow the said ten thousand pounds shall be thirty-six and a half years, and the rate of interest that may be paid thereon shall be a rate not exceeding six per centum per annum, and the said Wairarapa Electric-power Board is hereby authorized to borrow the said sum of ten thousand pounds accordingly.

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

Election to accept Benefits of Public Service Superannuation Fund.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 14th day of December, 1925.

Present:

THE HONOURABLE J. G. COATES PRESIDING IN COUNCIL.

WHEREAS provision is made by subsection two of section thirty-five of the Finance Act, 1925 (hereinafter referred to as “the said Act”), for terms to be fixed by the Governor-General in Council on which any person in office as a Magistrate on the passing of the Finance Act, 1924, who was not then a contributor to the Public Service Superannuation Fund may elect to accept the benefits provided for by section thirty-nine of the Finance Act, 1924:
And whereas William George Kyffyn Kenrick, Esquire, Stipendiary Magistrate (hereinafter referred to as “the said Magistrate”), was in office as a Magistrate on the passing of the Finance Act, 1924, and was not then a contributor to the Public Service Superannuation Fund:
And whereas the said Magistrate proposes to elect to accept the benefits provided for as aforesaid, and it is expedient to fix terms on which he may so elect:
Now, therefore, in pursuance and exercise of the powers vested in him by the said Act, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby fix the following terms on which the said Magistrate may, within six months of the passing of the said Act, elect to accept the said benefits, namely:—

1. The said Magistrate shall signify such election by writing under his hand delivered to the Under-Secretary of Justice.

2. The said Magistrate shall forthwith pay into the Consolidated Fund the sum of four hundred and fifteen pounds nine shillings by way of superannuation contributions to the thirtieth day of November, one thousand nine hundred and twenty-five.

3. There shall be deducted from the salary as a Stipendiary Magistrate for the time being of the said Magistrate from time to time as it becomes payable and paid into the Consolidated Fund a sum at the rate of eight per centum per annum of such salary, computed monthly from the thirtieth day of November, one thousand nine hundred and twenty-five, until the death or retirement of the said Magistrate.

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