Local Government Loan Interest Rates




3438
THE NEW ZEALAND GAZETTE.
[No. 81

of borrowing an additional sum of nine hundred pounds under
the authority of section nineteen of the Local Bodies’ Loans
Act, 1926 :

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

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


Prescribing the Rate of Interest that may be paid by the Taranaki Electric-power Board in respect of a Loan of £10,000, authorized to be raised for reticulating the Stratford County Extension.


CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 13th day
of December, 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 Taranaki Electric-power Board has been
authorized to borrow the sum of ten thousand pounds for
reticulating the Stratford County Extension :

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 Taranaki Electric-power
Board in respect of the said sum of ten thousand pounds shall
be a rate not exceeding six per centum per annum, and the
said Taranaki Electric-power Board is hereby authorized to
borrow the said sum of ten thousand pounds accordingly.

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


Prescribing the Rate of Interest that may be paid by the Devonport Borough Council in respect of a Loan of £2,000, authorized to be raised for providing Relief Works for Unemployed.


CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 13th day
of December, 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 of 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 Devonport Borough Council has been
authorized to borrow the sum of twenty thousand pounds
for providing relief works for unemployed, and is now desirous
of borrowing an additional sum of two thousand pounds under
the authority of section nineteen of the Local Bodies’ Loans
Act, 1926 :

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 Devonport Borough 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 Devonport Borough Council is hereby authorized to borrow the said sum of two thousand pounds accordingly.

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


Prescribing the Rate of Interest that may be paid by the Stratford County Council in respect of a Loan of £1,500, authorized to be raised for metalling Portions of South Mangaehu, Perry’s, and Tauwharenikau Roads.


CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 13th day
of December, 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 Stratford County Council has been authorized to borrow the sum of one thousand five hundred pounds for metalling portions of South Mangaehu, Perry’s, and Tauwharenikau Roads :

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 the rate of interest that may be paid by the Stratford County Council in respect of the said sum of one thousand five hundred pounds shall be a rate not exceeding six per centum per annum, and the said Stratford County Council is hereby authorized to borrow the said sum of one thousand five hundred pounds accordingly.

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



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🏘️ Devonport Borough Council Loan Interest Rate for Relief Works (continued from previous page)

🏘️ Provincial & Local Government
13 December 1926
Loan, Interest Rate, Devonport Borough Council, Relief Works, Unemployed
  • C. A. Jeffery, Acting Clerk of the Executive Council

🏘️ Taranaki Electric-power Board Loan Interest Rate for Stratford County Extension

🏘️ Provincial & Local Government
13 December 1926
Loan, Interest Rate, Taranaki Electric-power Board, Stratford County Extension
  • C. A. Jeffery, Acting Clerk of the Executive Council

🏘️ Devonport Borough Council Loan Interest Rate for Relief Works

🏘️ Provincial & Local Government
13 December 1926
Loan, Interest Rate, Devonport Borough Council, Relief Works, Unemployed
  • C. A. Jeffery, Acting Clerk of the Executive Council

🏘️ Stratford County Council Loan Interest Rate for Road Metalling

🏘️ Provincial & Local Government
13 December 1926
Loan, Interest Rate, Stratford County Council, Road Metalling, South Mangaehu, Perry’s, Tauwharenikau Roads
  • C. A. Jeffery, Acting Clerk of the Executive Council