✨ Local Authority Loan Orders
1650
THE NEW ZEALAND GAZETTE.
[No. 41
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 Tamahere Road Board has been authorized to borrow the sum of thirty-three thousand pounds for roading and the purchase of machinery, and is now desirous of borrowing an additional sum of three thousand three 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 Tamahere Road Board in respect of the said loan of three thousand three hundred pounds shall be a rate not exceeding six per centum per annum, and the said Tamahere Road Board is hereby authorized to borrow the said sum of three thousand three hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Term for which the Otorohanga County Council may borrow the Sum of £400 authorized to be raised for the Purpose of constructing a Bridge over the Mangaorongo Stream, and also the Rate of Interest payable thereon.
CHARLES FERGUSSON, Governor-General
ORDER IN COUNCIL.
At the Government House at Wellington, this 14th day of June, 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 Otorohanga County Council has been authorized to borrow the sum of four hundred pounds for the purpose of constructing a bridge over the Mangaorongo Stream :
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 twenty 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 Otorohanga County Council may borrow the said four hundred pounds shall be twenty 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 Otorohanga County Council is hereby authorized to borrow the said sum of four hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Term for which the Otorohanga County Council may borrow the Sum of £400 authorized to be raised for the Purpose of constructing a Bridge over the Moakuraruu Stream, and also the Rate of Interest payable thereon.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 14th day of June, 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 Otorohanga County Council has been authorized to borrow the sum of four hundred pounds for the purpose of constructing a bridge over the Moakuraruu Stream :
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 twenty 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 Otorohanga County Council may borrow the said four hundred pounds shall be twenty 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 Otorohanga County Council is hereby authorized to borrow the said sum of four hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Term for which the Otorohanga County Council may borrow the Sum of £950 authorized to be raised for the Purpose of providing a Portion of the Cost of establishing a Maternity and Cottage Hospital in the Borough of Te Kuiti, and also the Rate of Interest payable thereon.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 14th day of June, 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 Otorohanga County Council has been authorized to borrow the sum of nine hundred and fifty pounds for providing a portion of the cost of establishing a maternity and cottage hospital in the Borough of Te Kuiti :
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 twenty 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
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1926, No 41
NZLII —
NZ Gazette 1926, No 41
✨ LLM interpretation of page content
💰
Prescribing Interest Rate for Tamahere Road Board Loan
(continued from previous page)
💰 Finance & Revenue14 June 1926
Loan, Interest Rate, Tamahere Road Board, Roading-works
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Term and Interest Rate for Otorohanga County Council Bridge Loan (Mangaorongo Stream)
💰 Finance & Revenue14 June 1926
Loan, Term, Interest Rate, Otorohanga County Council, Bridge Construction, Mangaorongo Stream
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Term and Interest Rate for Otorohanga County Council Bridge Loan (Moakuraruu Stream)
💰 Finance & Revenue14 June 1926
Loan, Term, Interest Rate, Otorohanga County Council, Bridge Construction, Moakuraruu Stream
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Term and Interest Rate for Otorohanga County Council Maternity Hospital Loan
💰 Finance & Revenue14 June 1926
Loan, Term, Interest Rate, Otorohanga County Council, Maternity Hospital, Te Kuiti
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council