Local Government Loan Orders




60
THE NEW ZEALAND GAZETTE.
[No. 1

any rule of law, where a local authority or public body has
been authorized before the passing of the said Act or is there-
after 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 speci-
fied 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 Ohura County Council has been authorized
to borrow the sum of eight thousand five hundred pounds for
forming, culverting, and metalling a portion of the Ohura
Main Road, &c., and is now desirous of raising the sum of two
hundred pounds, being a further portion of the loan of eight
thousand five hundred 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 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 Ohura County Council in
respect of the said sum of two hundred pounds shall be a rate
not exceeding six per centum per annum, and the said Ohura
County Council is hereby authorized to borrow the said sum
of two hundred pounds accordingly.

J. W. BLACK,
Acting Clerk of the Executive Council.


Prescribing the Rate of Interest that may be paid by the Ohura County Council in respect of a Loan of £1,600, being a further Portion of a Loan of £11,000, authorized to be raised for widening, culverting, and metalling the Harvey-Tokerima, Aorangi, Kokopuiti, and Turoto Roads.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 20th 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 there-
after 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 speci-
fied 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 Ohura County Council has been authorized
to borrow the sum of eleven thousand pounds for widening,
culverting, and metalling the Harvey—Tokerima, Aorangi,
Kokopuiti, and Turoto Roads, and is now desirous of raising
the sum of one thousand six hundred pounds, being a further
portion of the loan of eleven 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 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 Ohura County Council in
respect of the said sum of one thousand six hundred pounds
shall be a rate not exceeding six per centum per annum, and
the said Ohura County Council is hereby authorized to borrow
the said sum of one thousand six hundred pounds accordingly.

J. W. BLACK,
Acting Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the Wairoa
County Council in respect of a Loan of £2,500, authorized
to be raised for repaying a Maturing Loan.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 20th 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 there-
after 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 Wairoa County Council has been authorized
to borrow the sum of two thousand five hundred pounds for
repaying a maturing 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 Wairoa County Council in
respect of the said sum of two thousand five hundred pounds
shall be a rate not exceeding six per centum per annum, and
the said Wairoa County Council is hereby authorized to
borrow the said sum of two thousand five hundred pounds
accordingly.

J. W. BLACK,
Acting Clerk of the Executive Council.


Prescribing the Rate of Interest that may be paid by the Ohura County Council in respect of a Loan of £500, being a Portion of a Loan of £2,000, authorized to be raised for reforming and metalling a Portion of the Tongaporutu-Mangaroa Road.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 20th 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 there-
after 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 Ohura County Council has been authorized
to borrow the sum of two thousand pounds for reforming and
metalling a portion of the Tongaporutu-Mangaroa Road, and
is now desirous of raising the sum of five hundred pounds,
being a portion of the loan of two 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 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



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💰 Prescribing Interest Rate for Ohura County Council Loan (continued from previous page)

💰 Finance & Revenue
20 December 1926
Loan, Interest Rate, Ohura County Council, Road Works
  • J. W. Black, Acting Clerk of the Executive Council

💰 Prescribing Interest Rate for Ohura County Council Loan of £1,600

💰 Finance & Revenue
20 December 1926
Loan, Interest Rate, Ohura County Council, Road Works
  • Charles Fergusson, Governor-General
  • J. W. Black, Acting Clerk of the Executive Council

💰 Prescribing Interest Rate for Wairoa County Council Loan

💰 Finance & Revenue
20 December 1926
Loan, Interest Rate, Wairoa County Council, Maturing Loan
  • Charles Fergusson, Governor-General
  • J. W. Black, Acting Clerk of the Executive Council

💰 Prescribing Interest Rate for Ohura County Council Loan of £500

💰 Finance & Revenue
20 December 1926
Loan, Interest Rate, Ohura County Council, Road Works
  • Charles Fergusson, Governor-General
  • J. W. Black, Acting Clerk of the Executive Council