✨ Loan Interest Rate Prescriptions and Reserve Change
JULY 28.] THE NEW ZEALAND GAZETTE. 2533
Prescribing the Rate of Interest that may be paid by the Whangarei Borough Council in respect of a Loan of £4,600, authorized to be raised for Electric Works.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 25th day of July, 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 Whangarei Borough Council has been authorized to borrow the sum of four thousand six hundred pounds for electric works:
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 Whangarei Borough Council in respect of the said sum of four thousand six hundred pounds shall be a rate not exceeding six per centum per annum, and the said Whangarei Borough Council is hereby authorized to borrow the said sum of four thousand six hundred pounds accordingly.
F. D. THOMSON,
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 £6,000, authorized to be raised for the Purpose of providing Relief Works for Unemployed.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 25th day of July, 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 Wanganui City Council has been authorized to borrow the sum of six thousand pounds for the purpose of providing relief works for unemployed:
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 sum of six 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 six thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
rate of interest that may be paid by the Wairoa County Council in respect of a Loan of £700, authorized to be raised for the Purpose of forming and bridging Portion of the Ruapapa-Waikaretakehe Road.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 25th day of July, 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 Wairoa County Council has been authorized to borrow the sum of seven hundred pounds for the purpose of forming and bridging portion of the Ruapapa-Waikaretakehe 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 Wairoa County Council in respect of the said sum of seven 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 seven hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Notice of Change of the Purpose of a Reserve in the Township of Hawarden, Canterbury Land District.
CHARLES FERGUSSON, Governor-General.
WHEREAS by section six of the Public Reserves and Domains Act, 1908 (hereinafter referred to as “the said Act”), the Governor-General is empowered, in the case of any public reserve vested in His Majesty or the Governor-General for any of the purposes comprised in Class II of the Second Schedule to the said Act, to change the purpose for which such reserve was set apart to any other purpose:
And whereas the land described in the Schedule hereto is a reserve duly set apart for public purposes, being a purpose within Class II of the Second Schedule to the said Act, and it is expedient to change, as hereinafter provided, the purpose of such reserve:
Now, therefore, I, General Sir Charles Fergusson, Baronet, Governor-General of the Dominion of New Zealand, do hereby, in pursuance of the powers conferred on me by section six of the said Act as aforesaid, declare that the reserve described in the Schedule hereto is hereby changed from a reserve for public purposes to a reserve for a site for a memorial hall. And I do hereby further declare that this notice is issued subject to the provisions of section seven of the said Act, and shall take effect according to the provisions of that section.
SCHEDULE.
ALL that area in the Canterbury Land District containing by admeasurement 33·6 perches, more or less, being Reserve
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VUW Te Waharoa —
NZ Gazette 1927, No 54
NZLII —
NZ Gazette 1927, No 54
✨ LLM interpretation of page content
💰
Prescribing the Rate of Interest for Whangarei Borough Council Loan
(continued from previous page)
💰 Finance & Revenue25 July 1927
Loan, Interest Rate, Whangarei Borough Council, Electric Works
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Wanganui City Council Loan
💰 Finance & Revenue25 July 1927
Loan, Interest Rate, Wanganui City Council, Relief Works, Unemployed
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing the Rate of Interest for Wairoa County Council Loan
💰 Finance & Revenue25 July 1927
Loan, Interest Rate, Wairoa County Council, Road Works
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council
🗺️ Change of Purpose for Hawarden Reserve
🗺️ Lands, Settlement & SurveyPublic Reserve, Change of Purpose, Hawarden, Memorial Hall
- General Sir Charles Fergusson, Governor-General