Local Body Loan Interest Rates




676
THE NEW ZEALAND GAZETTE.
[No. 16

And whereas the Pohangina County Council has been authorized to borrow the sum of four hundred and fifty pounds for the purpose of rebuilding a concrete culvert in the Pohangina Township :

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

F. D. THOMSON,
Clerk of the Executive Council.


Prescribing the Rate of Interest that may be paid by the Pohangina County Council in respect of a Loan of £150, authorized to be raised for the Purpose of making a Deviation in the Apiti-Kimbolton Main Highway.


CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 11th day of March, 1927.

Present :

HIS EXCELLENCY THE GOVERNOR-GENERAL 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 Pohangina County Council has been authorized to borrow the sum of four hundred and fifty pounds for the purpose of making a deviation in the Apiti-Kimbolton Main Highway :

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

F. D. THOMSON,
Clerk of the Executive Council.


Prescribing the Rate of Interest that may be paid by the Takaka Town Board in respect of a Loan of £600, authorized to be raised for the Purchase of Fire-extinguishing Appliances.


CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 11th day of March, 1927.

Present :

HIS EXCELLENCY THE GOVERNOR-GENERAL 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 Takaka Town Board has been authorized to borrow the sum of six hundred pounds for the purchase of fire-extinguishing appliances :

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 Takaka Town Board in respect of the said sum of six hundred pounds shall be a rate not exceeding six per centum per annum, and the said Takaka Town Board is hereby authorized to borrow the said sum of six hundred pounds accordingly.

F. D. THOMSON,
Clerk of the Executive Council.


Prescribing the Rate of Interest that may be paid by the Rangiora Borough Council in respect of a Loan of £8,000, authorized to be raised for the Purpose of repaying maturing Gas-works Loans.


CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 11th day of March, 1927.

Present :

HIS EXCELLENCY THE GOVERNOR-GENERAL 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 Borough Council has been authorized to borrow the sum of eight thousand pounds for the purpose of repaying maturing gas-works loans :

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 Borough Council in respect of the said sum of eight thousand pounds shall be a rate not exceeding five and three-quarters per centum per annum, and the said Rangiora Borough Council is hereby authorized to borrow the said sum of eight thousand pounds accordingly.

F. D. THOMSON,
Clerk of the Executive Council.


Prescribing the Term for which the Wairarapa Electric-power Board may borrow the Sum of £2,500, authorized to be raised for Electric Works in the Lake Ferry Special-rating Area, and also the Rate of Interest payable thereon.


CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 11th day of March, 1927.

Present :

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by section one hundred and fourteen of the Local Bodies’ Loans Act, 1926, it is provided that,



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💰 Prescribing Interest Rate for Pohangina County Council Culvert Rebuild Loan (continued from previous page)

💰 Finance & Revenue
11 March 1927
Loan, Interest Rate, Pohangina County Council, Concrete Culvert, Pohangina Township
  • Charles Fergusson, Governor-General
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Interest Rate for Pohangina County Council Highway Deviation Loan

💰 Finance & Revenue
11 March 1927
Loan, Interest Rate, Pohangina County Council, Apiti-Kimbolton Main Highway, Deviation
  • Charles Fergusson, Governor-General
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Interest Rate for Takaka Town Board Fire-extinguishing Appliances Loan

💰 Finance & Revenue
11 March 1927
Loan, Interest Rate, Takaka Town Board, Fire-extinguishing Appliances
  • Charles Fergusson, Governor-General
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Interest Rate for Rangiora Borough Council Gas-works Loans Repayment

💰 Finance & Revenue
11 March 1927
Loan, Interest Rate, Rangiora Borough Council, Gas-works Loans, Repayment
  • Charles Fergusson, Governor-General
  • F. D. Thomson, Clerk of the Executive Council

💰 Prescribing Term and Interest Rate for Wairarapa Electric-power Board Loan

💰 Finance & Revenue
11 March 1927
Loan, Term, Interest Rate, Wairarapa Electric-power Board, Lake Ferry Special-rating Area, Electric Works
  • Charles Fergusson, Governor-General
  • F. D. Thomson, Clerk of the Executive Council