✨ Local Body Loan Orders
Oct. 28.] THE NEW ZEALAND GAZETTE. 3017
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 Cook County Council
in respect of the said sum of thirty thousand pounds shall
be a rate not exceeding five and three-quarters per centum
per annum, and the said Cook County Council is hereby
authorized to borrow the said sum of thirty thousand pounds
accordingly.
C. A. JEFFERY,
Acting Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Waitomo
County Council in respect of a Loan of £2,400 authorized to be
raised for the Purpose of reforming, widening, culverting, and
metalling a Portion of the Mangaokewa Road.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 18th day
of October, 1926.
Present:
THE HONOURABLE W. DOWNIE STEWART PRESIDING IN
COUNCIL.
WHREAS 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 bor-
rowed, 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 County Council has been autho-
rized to borrow the sum of two thousand four hundred pounds
for the purpose of reforming, widening, culverting, and metal-
ling a portion of the Mangaokewa Road:
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 Waitomo County Council
in respect of the said sum of two thousand four hundred
pounds shall be a rate not exceeding six per centum per annum,
and the said Waitomo County Council is hereby authorized
to borrow the said sum of two thousand four hundred pounds
accordingly.
C. A. JEFFERY,
Acting Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Ellerslie
Town Board in respect of a Loan of £375 authorized to be
raised for completing the Erection and Furnishing of the
Municipal Buildings.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 18th day
of October, 1926.
Present:
THE HONOURABLE W. DOWNIE STEWART PRESIDING IN
COUNIL.
WHREAS 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 Ellerslie Town Board has been authorized
to borrow the sum of three thousand seven hundred and fifty
pounds for the erection and furnishing of the municipal
buildings, and is now desirous of borrowing an additional sum
of three hundred and seventy-five pounds under the authority
of section nineteen of the Local Bodies' Loans Act, 1926, 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 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 Ellerslie Town Board in
respect of the said loan of three hundred and seventy-five
pounds shall be a rate not exceeding six per centum per annum,
and the said Ellerslie Town Board is hereby authorized to
borrow the said sum of three hundred and seventy-five pounds
accordingly.
C. A. JEFFERY,
Acting Clerk of the Executive Council.
Prescribing the Term for which the Wairarapa Electric-power
Board may borrow the Sum of £3,500 authorized to be raised
for Electric Works in the Longbush Special-rating Area, and
also the Rate of Interest payable thereon.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 18th day
of October, 1926.
Present:
THE HONOURABLE W. DOWNIE STEWART PRESIDING IN
COUNIL.
WHREAS 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 Wairarapa Electric-power Board has been
authorized to borrow the sum of three thousand five hundred
pounds for electric works in the Longbush Special-rating
Area:
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 ten 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 Wairarapa Electric-power Board may
borrow the said sum of three thousand five hundred pounds
shall be ten 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 Wairarapa Electric-power Board is
hereby authorized to borrow the said sum of three thousand
five hundred pounds accordingly.
C. A. JEFFERY,
Acting Clerk of the Executive Council.
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1926, No 73
NZLII —
NZ Gazette 1926, No 73
✨ LLM interpretation of page content
💰
Prescribing Loan Interest Rate for Cook County Council
(continued from previous page)
💰 Finance & Revenue18 October 1926
Loan, Interest Rate, Cook County Council, Roads, Bridges
- C. A. Jeffery, Acting Clerk of the Executive Council
💰 Prescribing Loan Interest Rate for Waitomo County Council
💰 Finance & Revenue18 October 1926
Loan, Interest Rate, Waitomo County Council, Mangaokewa Road
- Charles Fergusson, Governor-General
- C. A. Jeffery, Acting Clerk of the Executive Council
💰 Prescribing Loan Interest Rate for Ellerslie Town Board
💰 Finance & Revenue18 October 1926
Loan, Interest Rate, Ellerslie Town Board, Municipal Buildings
- Charles Fergusson, Governor-General
- C. A. Jeffery, Acting Clerk of the Executive Council
💰 Prescribing Loan Term and Interest Rate for Wairarapa Electric-power Board
💰 Finance & Revenue18 October 1926
Loan, Term, Interest Rate, Wairarapa Electric-power Board, Longbush Special-rating Area
- Charles Fergusson, Governor-General
- C. A. Jeffery, Acting Clerk of the Executive Council