Local Body Loan Interest Rates




Nov. 18.] THE NEW ZEALAND GAZETTE. 3249

Prescribing the Rate of Interest that may be paid by the
Hastings Borough Council in respect of a Loan of £35,600
authorized to be raised for Streets and Footpaths.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 8th day
of November, 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 Hastings Borough Council has been
authorized to borrow the sum of thirty-five thousand six
hundred pounds for streets and footpaths:

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 Hastings Borough
Council in respect of the said sum of thirty-five thousand
six hundred pounds shall be a rate not exceeding six per
centum per annum, and the said Hastings Borough Council
is hereby authorized to borrow the said sum of thirty-five
thousand six hundred pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the
Hastings Borough Council in respect of a Loan of £6,600
authorized to be raised for piping Open Drains.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 8th day
of November, 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 Hastings Borough Council has been
authorized to borrow the sum of six thousand six hundred
pounds for piping open drains:

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 Hastings Borough
Council in respect of the said sum of six thousand six hundred
pounds shall be a rate not exceeding six per centum per
annum, and the said Hastings Borough Council is hereby
authorized to borrow the said sum of six thousand six hundred
pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Rangiora
County Council in respect of a Loan of £1,000 authorized to
be raised for erecting a Worker's Dwelling.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 8th day
of November, 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 Rangiora County Council has been
authorized to borrow the sum of one thousand pounds for
erecting a worker's dwelling:

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
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
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 Rangiora County
Council in respect of the said sum of one thousand pounds
shall be a rate not exceeding five and three-quarters per
centum per annum, and the said Rangiora 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 Rate of Interest that may be paid by the Waipu
County Council in respect of a Loan of £5,000 authorized to
be raised for constructing a Road between Te Araroa and
Whangaparaoa via Hicks Bay.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 8th day
of November, 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:



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💰 Prescribing the Rate of Interest for Hastings Borough Council Loan for Streets and Footpaths

💰 Finance & Revenue
8 November 1926
Hastings Borough Council, Loan, Interest Rate, Streets, Footpaths
  • Charles Fergusson, Governor-General
  • The Honourable W. Downie Stewart, Presiding in Council
  • C. A. Jeffery, Acting Clerk of the Executive Council

💰 Prescribing the Rate of Interest for Hastings Borough Council Loan for Piping Open Drains

💰 Finance & Revenue
8 November 1926
Hastings Borough Council, Loan, Interest Rate, Piping, Open Drains
  • Charles Fergusson, Governor-General
  • The Honourable W. Downie Stewart, Presiding in Council
  • C. A. Jeffery, Acting Clerk of the Executive Council

💰 Prescribing the Rate of Interest for Rangiora County Council Loan for Erecting a Worker's Dwelling

💰 Finance & Revenue
8 November 1926
Rangiora County Council, Loan, Interest Rate, Worker's Dwelling
  • Charles Fergusson, Governor-General
  • The Honourable W. Downie Stewart, Presiding in Council
  • C. A. Jeffery, Acting Clerk of the Executive Council

💰 Prescribing the Rate of Interest for Waipu County Council Loan for Constructing a Road

💰 Finance & Revenue
8 November 1926
Waipu County Council, Loan, Interest Rate, Road Construction, Te Araroa, Whangaparaoa, Hicks Bay
  • Charles Fergusson, Governor-General
  • The Honourable W. Downie Stewart, Presiding in Council
  • C. A. Jeffery, Acting Clerk of the Executive Council