Oct. 21.] THE NEW ZEALAND GAZETTE. 2965

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 or public body
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 Wellington City Council has been autho-
rized to borrow the sum of one hundred and fifty thousand
pounds for carrying out works and operations authorized by
the Wellington City and Suburban Highways Construction
and Hutt Road Amendment Act, and for purchasing plant
for that purpose, and is now desirous of raising the sum of
twenty thousand pounds, being the balance of the loan of one
hundred and fifty thousand pounds :

And whereas the Minister of Finance has given his precedent
consent as required by the above-recited section one hundred
and fourteen, and it is desired that the rate of interest at
which the money may be borrowed be not exceeding five
and five-eighths 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 Wellington City
Council in respect of the said sum of twenty thousand pounds
shall be a rate not exceeding five and five-eighths per centum
per annum, and the said Wellington City Council is hereby
authorized to borrow the said sum of twenty thousand pounds
accordingly.

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

Prescribing the Term for which the Auckland City Council
may borrow the Sum of £200,000, being a Portion of a Loan
of £400,000 authorized to be raised for the Development,
Extension, and Improvement of the Waterworks, and also
the Rate of Interest payable thereon.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 11th day
of October, 1926.

Present :

THE HONOURABLE W. DOWNIE STEWART PRESIDING IN
COUNCIL.

WHEREAS by section one hundred and fourteen of the
Local Bodies' Loans Act, 1926, 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 or public body
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 Auckland City Council has been authorized
to borrow the sum of four hundred thousand pounds for the
development, extension, and improvement of the waterworks,
and it is now desirous of raising the sum of two hundred
thousand pounds, being a portion of the loan of four hundred
thousand pounds :

And whereas the Minister of Finance has given his precedent
consent as required by the above-recited section one hundred
and fourteen, and it is desired that the term for which the
money may be borrowed be thirty-three 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 Auckland City Council may borrow the said sum
of two hundred thousand pounds shall be thirty-three 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
Auckland City Council is hereby authorized to borrow the
said sum of two hundred thousand pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Danne-
virke Borough Council in respect of a Loan of £4,000
authorized to be raised for the Purpose of repaying a Maturing
Waterworks Loan.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 11th day
of October, 1926.

Present :

THE HONOURABLE W. DOWNIE STEWART PRESIDING IN
COUNCIL.

WHEREAS by section one hundred and fourteen of the
Local Bodies' Loans Act, 1926, 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 or public body
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 Dannevirke Borough Council has been
authorized to borrow the sum of four thousand pounds for
the purpose of repaying a maturing waterworks loan :

And whereas the Minister of Finance has given his precedent
consent as required by the above-recited section one hundred
and fourteen, 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 Dannevirke Borough Council
in respect of the said sum of four thousand pounds shall be
a rate not exceeding six per centum per annum, and the said
Dannevirke Borough Council is hereby authorized to borrow
the said sum of four thousand pounds accordingly.

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

Prescribing the Term for which the Central Hawke's Bay Electric-
power Board may borrow the Sum of £10,000, being a Further
Portion of a Loan of £150,000 authorized to be raised for
Electric Works, and also the Rate of Interest payable thereon.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 11th day
of October, 1926.

Present :

THE HONOURABLE W. DOWNIE STEWART PRESIDING IN
COUNCIL.

WHEREAS by section one hundred and fourteen of the
Local Bodies' Loans Act, 1926, 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 or public body
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 Hawke's Bay Electric-power
Board has been authorized to borrow the sum of one hundred
and fifty thousand pounds for electric works, and is now
desirous of raising the sum of ten thousand pounds, being a
further portion of the loan of one hundred and fifty thousand
pounds :

And whereas the Minister of Finance has given his prece-
dent consent as required by the above-recited section one
hundred and fourteen, 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 five
and three-quarters 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