Mar. 31.] THE NEW ZEALAND GAZETTE. 753

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 Piako County Council has been authorized
to borrow the sum of two thousand pounds for the purpose
of metalling Baker’s Road:
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 Piako County
Council in respect of the said sum of two thousand pounds
shall be a rate not exceeding six per centum per annum,
and the said Piako County Council is hereby authorized to
borrow the said sum of two thousand pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Piako County Council in respect of a Loan of £400, authorized to be raised for the purpose of metalling Farmer’s Road.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 22nd day
of March, 1927.

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 Piako County Council has been authorized
to borrow the sum of four hundred pounds for the purpose
of metalling Farmer’s Road:
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 Piako County Council
in respect of the said sum of four hundred pounds shall be a
rate not exceeding six per centum per annum, and the said
Piako County Council is hereby authorized to borrow the
said sum of four hundred pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Tauranga County Council in respect of a Loan of £200, authorized to be raised for completing the Regrading and Metalling of Portions of the Main Tauranga–Rotorua Road.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 22nd day
of March, 1927.

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 Tauranga County Council has been
authorized to borrow the sum of two thousand pounds for
regrading and metalling portions of the main Tauranga–
Rotorua Road, and is now desirous of borrowing an additional
sum of two hundred 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 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 Tauranga County
Council in respect of the said loan of two hundred pounds
shall be a rate not exceeding six per centum per annum,
and the said Tauranga County Council is hereby authorized
to borrow the said sum of two hundred pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Springs, Ellesmere Electric-power Board in respect of a Loan of £3,000, being a Portion of a Loan of £20,000, authorized to be raised for Electric Works.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 22nd day
of March, 1927.

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 Springs-Ellesmere Electric-power Board
has been authorized to borrow the sum of twenty thousand
pounds for electric works, and is now desirous of raising the
sum of three thousand pounds, being a portion of the loan
of twenty 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 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 Springs-Ellesmere
Electric-power Board in respect of the said sum of three
thousand pounds shall be a rate not exceeding five and three-
quarters per centum per annum, and the said Springs-Elles-
mere Electric-power Board is hereby authorized to borrow
the said sum of three thousand pounds accordingly.

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