Local Government Loan Interest Rates




2494
THE NEW ZEALAND GAZETTE.
No. 53

Prescribing the Rate of Interest that may be paid by the Pohangina County Council in respect of a Loan of £300, being the Balance of a Loan of £700 authorized to be raised for the Renewal of Culverts in the Tamaki Riding.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 9th day of August, 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 Pohangina County Council has been authorized to borrow the sum of seven hundred pounds for the renewal of culverts in the Tamaki Riding, and is now desirous of raising the sum of three hundred pounds, being the balance of the loan of seven hundred 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 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 Pohangina County Council in respect of the said loan of three hundred pounds shall be a rate not exceeding six per centum per annum, and the said Pohangina County Council is hereby authorized to borrow the said sum of three hundred pounds accordingly.

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


Prescribing the Rate of Interest that may be paid by the Raglan County Council in respect of a Loan of £500 authorized to be raised for the Purpose of metalling the Te Pahu Road.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 9th day of August, 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 Raglan County Council has been authorized to borrow the sum of five hundred pounds for the purpose of metalling the Te Pahu 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 Raglan 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 Raglan 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 Raglan County Council in respect of a Loan of £2,000 authorized to be raised for the Purpose of metalling certain Portions of the Port Waikato to Tuakau Bridge Road.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 9th day of August, 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 Raglan County Council has been authorized to borrow the sum of two thousand pounds for the purpose of metalling certain portions of the Port Waikato to Tuakau Bridge 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 Raglan 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 Raglan 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 Shannon Borough Council in respect of a Loan of £700 authorized to be raised for Alterations, Extensions, Additions, and Renovations to the Municipal Buildings, and the Erection of a Ladies’ Rest-room.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 9th day of August, 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 Shannon Borough Council has been authorized to borrow the sum of seven hundred pounds for alterations, extensions, additions, and renovations to the Municipal buildings, and the erection of a ladies’ rest-room:

And whereas the Minister of Finance has given his precedent consent as required by the above-recited section eleven, and



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🏘️ Prescription of Interest Rate for Pohangina County Council Loan for Culverts in Tamaki Riding

🏘️ Provincial & Local Government
9 August 1926
Interest Rate, Loan, Pohangina County Council, Culverts, Tamaki Riding
  • Charles Fergusson, Governor-General
  • F. D. Thomson, Clerk of the Executive Council

🏘️ Prescription of Interest Rate for Raglan County Council Loan for Te Pahu Road Metalling

🏘️ Provincial & Local Government
9 August 1926
Interest Rate, Loan, Raglan County Council, Te Pahu Road, Metalling
  • Charles Fergusson, Governor-General
  • F. D. Thomson, Clerk of the Executive Council

🏘️ Prescription of Interest Rate for Raglan County Council Loan for Port Waikato to Tuakau Bridge Road Metalling

🏘️ Provincial & Local Government
9 August 1926
Interest Rate, Loan, Raglan County Council, Port Waikato to Tuakau Bridge Road, Metalling
  • Charles Fergusson, Governor-General
  • F. D. Thomson, Clerk of the Executive Council

🏘️ Prescription of Interest Rate for Shannon Borough Council Loan for Municipal Buildings and Ladies’ Rest-room

🏘️ Provincial & Local Government
9 August 1926
Interest Rate, Loan, Shannon Borough Council, Municipal Buildings, Ladies’ Rest-room
  • Charles Fergusson, Governor-General
  • F. D. Thomson, Clerk of the Executive Council