✨ Local Authority Loan Interest Rates
Aug. 4.] THE NEW ZEALAND GAZETTE. 2619
Prescribing the Rate of Interest that may be paid by the Mangare Rabbit-proof-fencing Board in respect of a Loan of £450, authorized to be raised for the Erection of Rabbit-proof Fencing.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 1st day of August, 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 Mangare Rabbit-proof-fencing Board has been authorized to borrow the sum of four hundred and fifty pounds for the erection of rabbit-proof fencing:
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 Mangare Rabbit-proof-fencing Board 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 Mangare Rabbit-proof-fencing Board 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 Carterton Borough Council in respect of a Loan of £8,500, authorized to be raised for the purpose of supplementing the existing High-pressure Water-supply.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 1st day of August, 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 Carterton Borough Council has been authorized to borrow the sum of eight thousand five hundred pounds for the purpose of supplementing the existing high-pressure water-supply:
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 Carterton Borough Council in respect of the said sum of eight thousand five hundred pounds shall be a rate not exceeding six per centum per annum, and the said Carterton Borough Council is hereby authorized to borrow the said sum of eight thousand five hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the New Brighton Borough Council in respect of a Loan of £8,000, authorized to be raised for the Repayment of a Matured Loan.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 1st day of August, 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 New Brighton Borough Council has been authorized to borrow the sum of eight thousand pounds for the repayment of a matured 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 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 New Brighton 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 New Brighton 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 Rate of Interest that may be paid by the Wallace County Council in respect of a Loan of £5,000, authorized to be raised for the Renewal of Wrey’s Bush Bridge.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 1st day of August, 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 Wallace County Council has been authorized to borrow the sum of five thousand pounds for the renewal of Wrey’s Bush Bridge:
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VUW Te Waharoa —
NZ Gazette 1927, No 56
NZLII —
NZ Gazette 1927, No 56
✨ LLM interpretation of page content
💰 Prescribing Interest Rate for Mangare Rabbit-proof-fencing Board Loan
💰 Finance & Revenue1 August 1927
Loan, Interest Rate, Rabbit-proof Fencing, Mangare Rabbit-proof-fencing Board
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Carterton Borough Council Loan
💰 Finance & Revenue1 August 1927
Loan, Interest Rate, High-pressure Water-supply, Carterton Borough Council
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for New Brighton Borough Council Loan
💰 Finance & Revenue1 August 1927
Loan, Interest Rate, Repayment of Matured Loan, New Brighton Borough Council
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing Interest Rate for Wallace County Council Loan
💰 Finance & Revenue1 August 1927
Loan, Interest Rate, Renewal of Wrey’s Bush Bridge, Wallace County Council
- Charles Fergusson, Governor-General
- F. D. Thomson, Clerk of the Executive Council