✨ Loan Interest Rate Orders
MAR. 11.] THE NEW ZEALAND GAZETTE
consent of the Executive Council of the said Dominion, doth
hereby consent to the Wanganui-Rangitikei Electric-power
Board raising the sum of sixty thousand pounds upon the terms
of making the same, together with interest thereon, repayable
by instalments extending over a period of thirty-six and a
half years, and the said Wanganui-Rangitikei Electric-power
Board is hereby authorized to borrow the said sum of sixty
thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
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 Castlepoint County
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 Castlepoint County 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 Invercargill Borough Council in respect of a Loan of £1,000 authorized to be raised for extending the Borough Water and Drainage Systems to Richmond Grove.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 8th day of March, 1926.
Present:
THE RIGHT HONOURABLE J. G. COATES, P.C., 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 Invercargill Borough Council has been
authorized to borrow the sum of one thousand pounds for
extending the borough water and drainage systems to Richmond Grove:
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 Invercargill Borough 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
Invercargill Borough 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 Teviot Electric-power Board in respect of a Loan of £12,000 authorized to be raised for Hydro-electric Purposes.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 8th day of March, 1926.
Present:
THE RIGHT HONOURABLE J. G. COATES, P.C., 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 Teviot Electric-power Board has been
authorized to borrow the sum of twelve thousand pounds for
hydro-electric purposes:
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 Teviot Electric-
power Board in respect of the said loan of twelve thousand
pounds shall be a rate not exceeding six per centum per
annum, and the said Teviot Electric-power Board is hereby
authorized to borrow the said sum of twelve thousand pounds
accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Castlepoint County Council in respect of a Loan of £2,000 authorized to be raised for the Purpose of Workers' Dwellings.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 8th day
of March, 1926.
Present:
THE RIGHT HONOURABLE J. G. COATES, P.C., 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 Castlepoint County Council has been
authorized to borrow the sum of two thousand pounds for
the purpose of workers' dwellings:
Prescribing the Rate of Interest that may be paid by the Hokiang Hospital Board in respect of a Loan of £18,000 authorized to be raised for the Erection of New Hospital Buildings at Rawene.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 8th day
of March, 1926.
Present:
THE RIGHT HONOURABLE J. G. COATES, P.C., 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
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VUW Te Waharoa —
NZ Gazette 1926, No 13
NZLII —
NZ Gazette 1926, No 13
✨ LLM interpretation of page content
💰
Consenting to the Raising of £60,000 by the Wanganui-Rangitikei Electric-power Board
(continued from previous page)
💰 Finance & Revenue8 March 1926
Loan, Wanganui-Rangitikei Electric-power Board, Finance Act, Local Bodies’ Loans Act
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Castlepoint County Council Loan
💰 Finance & Revenue8 March 1926
Loan, Castlepoint County Council, Interest Rate, Finance Act
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Invercargill Borough Council Loan
💰 Finance & Revenue8 March 1926
Loan, Invercargill Borough Council, Interest Rate, Finance Act
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Teviot Electric-power Board Loan
💰 Finance & Revenue8 March 1926
Loan, Teviot Electric-power Board, Interest Rate, Finance Act
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Castlepoint County Council Loan for Workers' Dwellings
💰 Finance & Revenue8 March 1926
Loan, Castlepoint County Council, Interest Rate, Workers' Dwellings, Finance Act
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Hokiang Hospital Board Loan
💰 Finance & Revenue8 March 1926
Loan, Hokiang Hospital Board, Interest Rate, Hospital Buildings, Finance Act
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council