✨ Local Government Loan Interest Rates
62 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 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 Pahiatua County Council has been autho-
rized to borrow the sum of four thousand pounds for rebuilding
the Mangatainoka bridge :
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 Pahiatua County
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 Pahiatua County Council is hereby authorized to
borrow the said sum of four thousand 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 £18,425, authorized to be raised for
widening, culverting, and metalling Waitehena and Haparua
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 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 eighteen thousand four hundred and
twenty-five pounds for widening, culverting, and metalling
Waitehena and Haparua Roads, and is now desirous of
raising the sum of one thousand six hundred pounds, being a
further portion of the loan of eighteen thousand four hundred
and twenty-five 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 Wanganui
City Council in respect of a Loan of £10,000, authorized to be
raised for the Purpose of completing the Water-supply.
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 in Council :
And whereas the Wanganui City Council has been authorized
to borrow the sum of one hundred thousand pounds for water-
supply, and is now desirous of borrowing an additional sum
of ten thousand 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 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 Wanganui City Council in
respect of the said loan of ten thousand pounds shall be a
rate not exceeding five and three-quarters per centum per
annum, and the said Wanganui City Council is hereby
authorized to borrow the said sum of ten thousand pounds
accordingly.
J. W. BLACK,
Acting Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Mangonui
County Council in respect of a Loan of £800, authorized to be
raised for Road Works in the Lake Ohia Special-rating Area.
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 Mangonui County Council has been
authorized to borrow the sum of eight hundred pounds for
road works in the Lake Ohia Special-rating Area :
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
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VUW Te Waharoa —
NZ Gazette 1927, No 1
NZLII —
NZ Gazette 1927, No 1
✨ LLM interpretation of page content
💰
Prescribing Interest Rate for Pahiatua County Council Loan of £4,000
(continued from previous page)
💰 Finance & Revenue20 December 1926
Loan, Interest Rate, Pahiatua County Council, Mangatainoka Bridge
- J. W. Black, Acting Clerk of the Executive Council
💰 Prescribing Interest Rate for Ohura County Council Loan of £1,600
💰 Finance & Revenue20 December 1926
Loan, Interest Rate, Ohura County Council, Waitehena Road, Haparua Road
- Charles Fergusson, Governor-General
- J. W. Black, Acting Clerk of the Executive Council
💰 Prescribing Interest Rate for Wanganui City Council Loan of £10,000
💰 Finance & Revenue20 December 1926
Loan, Interest Rate, Wanganui City Council, Water-supply
- Charles Fergusson, Governor-General
- J. W. Black, Acting Clerk of the Executive Council
💰 Prescribing Interest Rate for Mangonui County Council Loan of £800
💰 Finance & Revenue20 December 1926
Loan, Interest Rate, Mangonui County Council, Lake Ohia Special-rating Area, Road Works
- Charles Fergusson, Governor-General
- J. W. Black, Acting Clerk of the Executive Council