1124
THE NEW ZEALAND GAZETTE.
[No. 26

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 Heathcote 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 Heathcote 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 Term for which the Central Electric-power Board may borrow the Sum of £5,000 authorized to be raised for Electric Works in the Karamu–Pirongia District.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 23rd day of
April, 1926.

Present :

HIS EXCELLENCY THE GOVERNOR-GENERAL 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 Central Electric-power Board has been
authorized to borrow the sum of five thousand pounds for
electric works in the Karamu–Pirongia District :

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 five thousand
pounds may be borrowed be thirty-six and a half 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 Central Electric-power Board may
borrow the said sum of five thousand pounds shall be thirty-six and a half years, and the said Central Electric-power
Board is hereby authorized to borrow the said sum of five
thousand pounds for this term.

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

Prescribing the Rate of Interest that may be paid by the Hokianga County Council in respect of a Loan of £700 authorized to be raised for completing the Construction of Roads and Bridges in the Rawene Riding.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 20th day
of April, 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 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 Hokianga County Council has been
authorized to borrow the sum of seven thousand pounds for
the construction of roads and bridges in the Rawene Riding,
and is now desirous of borrowing an additional sum of seven
hundred 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 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 Hokianga County
Council in respect of the said loan of seven hundred pounds
shall be a rate not exceeding six per centum per annum, and
the said Hokianga County Council is hereby authorized to
borrow the said sum of seven hundred pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Huntly Town Board in respect of a Loan of £12,000 authorized to be raised for the Erection of Municipal Buildings.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 20th day
of April, 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 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 Huntly Town Board has been authorized
to borrow the sum of twelve thousand pounds for the erection
of municipal buildings :

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 Huntly Town
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 Huntly Town Board is hereby authorized to borrow
the said sum of twelve thousand pounds accordingly.

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

Prescribing the Term for which the Lower Hutt Borough Council may borrow the Sum of £43,300 authorized to be raised for Loan-redemption Purposes, and also the Rate of Interest payable thereon.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 20th day
of April, 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