2836

THE NEW ZEALAND GAZETTE.

No. 67

Prescribing the Rate of Interest that may be paid by the Waitomo
Electric-power Board in respect of a Loan of £7,000 authorized
to be raised for the Purpose of completing the Electric
Works.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 27th day of
September, 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 Waitomo Electric-power Board has been
authorized to borrow the sum of seventy thousand pounds
for electric works, and is now desirous of borrowing an addi-
tional sum of seven 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 pre-
cedent 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 Waitomo Electric-power
Board in respect of the said loan of seven thousand pounds
shall be a rate not exceeding six per centum per annum, and
the said Waitomo Electric-power Board is hereby authorized
to borrow the said sum of seven thousand pounds accordingly.

C. A. JEFFERY,
Acting Clerk of the Executive Council.

Prescribing the Term for which the Patangata County Council
may borrow the Sum of £5,000, being a Further Portion of
a Loan of £209,000 authorized to be raised for renewing all
the Bridges in the County, Bridge Plant, &c., and also the
Rate of Interest payable thereon.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 27th day of
September, 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 Patangata County Council has been
authorized to borrow the sum of two hundred and nine
thousand pounds for renewing all the bridges in the county,
bridge plant, et cetera, and is now desirous of raising the
sum of five thousand pounds, being a further portion of the
loan of two hundred and nine 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 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 Patangata County Council may borrow
the said sum of five 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 Patangata County Council is hereby
authorized to borrow the said sum of five thousand pounds
accordingly.

C. A. JEFFERY,
Acting 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 £1,000 authorized
to be raised for the Purpose of metalling Portions of the Road
from the Tuakau Bridge to Waingaro.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 27th day of
September, 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 autho-
rized to borrow the sum of one thousand pounds for the
purpose of metalling portions of the road from the Tuakau
Bridge to Waingaro:

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 one 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 one thousand pounds accordingly.

C. A. JEFFERY,
Acting Clerk of the Executive Council.

Prescribing the Term for which the Takapuna Borough Council
may borrow the Sum of £1,700 authorized to be raised for
the Purpose of providing the Council's Share of the Cost of
constructing a Bridge over the Wairau Estuary at Inga
Road, and also the Rate of Interest payable thereon.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 27th day of
September, 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