Local Government Loan Interest Rates and Land Exchange




2870
THE NEW ZEALAND GAZETTE.
[No. 64

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

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


Prescribing the Rate of Interest that may be paid by the Whangarei County Council in respect of a Loan of £1,000, authorized to be raised for the Purpose of metalling the Waipu North River Access Road.


CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 12th day of September, 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 County Council has been authorized to borrow the sum of one thousand pounds for the purpose of metalling the Waipu North River Access 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 Whangarei County Council in respect of the said sum of one thousand pounds shall be a rate not exceeding six per centum per annum, and the said Whangarei County Council is hereby authorized to borrow the said sum of one thousand pounds accordingly.

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


Prescribing the Rate of Interest that may be paid by the Napier Borough Council in respect of a Loan of £1,225, 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 12th day of September, 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 Napier Borough Council has been authorized to borrow the sum of four thousand two hundred and twenty-five 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 Napier Borough Council in respect of the said sum of four thousand two hundred and twenty-five pounds shall be a rate not exceeding five and three-quarters per centum per annum, and the said Napier Borough Council is hereby authorized to borrow the said sum of four thousand two hundred and twenty-five pounds accordingly.

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


Notifying the Proposed Exchange of State Forest in the Auckland Forest-conservation Region for other Land.


CHARLES FERGUSSON, Governor-General.

WHEREAS by section four of the Forests Amendment Act, 1925, it is enacted that it shall be lawful for the Governor-General, whenever he deems it expedient in the public interest, to grant in fee-simple any area of State forest which is subject to the provisions of the Forests Act, 1921–22, in exchange for the fee-simple of any other land, and on any such exchange to pay or receive any sum by way of equality of exchange:

And whereas in the opinion of the Governor-General it is expedient to exchange the area of State forest described in the First Schedule hereto for the land described in the Second Schedule hereto, and the owner of the land described in the Second Schedule has agreed to such exchange and has agreed to pay to the Crown a sum of money by way of equality of exchange:

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, in exercise of the aforesaid powers and authorities, doth hereby declare it is his intention to grant in fee-simple the area of State forest described in the First Schedule hereto in exchange for the fee-simple of the land described in the Second Schedule upon payment by the owner thereof of the sum of money hereinbefore referred to by way of equality of exchange.


FIRST SCHEDULE.

NORTH AUCKLAND LAND DISTRICT.—AUCKLAND FOREST-CONSERVATION REGION.

ALL that area containing by admeasurement 391 acres, more or less, being portion of Tangihua State Forest No. 23 (Gazette, 1926, page 1430), situated in Blocks VIII and XII, Maungaru Survey District, and Blocks I and VII, Tangihua Survey District, bounded generally as follows: Towards the east by other portion of Tangihua State Forest No. 23; towards the south by Lot 1, Part 50, L.T. 10894; and towards the south-west and west by Lot 51, D.P. 8529, Lot 2 of Section 53, D.P. 10736, and the Tauroa Stream. As the same is more particularly delineated on the plan No. 104, deposited in the Head Office of the State Forest Service, Wellington, and thereon bordered red.


SECOND SCHEDULE.

NORTH AUCKLAND LAND DISTRICT.—AUCKLAND FOREST-CONSERVATION REGION.

ALL that area containing by admeasurement 217 acres, more or less, being portion of Lot 55, D.P. 8528, and portion of Whangai-Mokopuna Block, situated in Block VIII, Maungaru Survey District, and bounded generally as follows: Towards the north-east by Tangihua State Forest No. 23 (Gazette, 1906, page 1430) and the Tauroa Stream; towards the south by other portion Lot 55, D.P. 8528; towards the west by Lot 57; and towards the north-west by Section 10, Block VIII aforesaid (provisional State Forest No. 121, Gazette 1924, page 802). As the same is more particularly delineated on the plan No. 105, deposited in the Head Office of the State Forest Service, Wellington, and thereon bordered red.

As witness the hand of His Excellency the Governor-General, this 7th day of September, 1927.

O. HAWKEN,
Commissioner of State Forests.



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✨ LLM interpretation of page content

💰 Loan Interest Rate for Whangarei County Council (continued from previous page)

💰 Finance & Revenue
12 September 1927
Loan, Interest rate, Whangarei County Council, Otonga Riding
  • F. D. Thomson, Clerk of the Executive Council

💰 Loan Interest Rate for Waipu North River Access Road

💰 Finance & Revenue
12 September 1927
Loan, Interest rate, Whangarei County Council, Waipu North River Access Road
  • F. D. Thomson, Clerk of the Executive Council

💰 Loan Interest Rate for Napier Borough Council Relief Works

💰 Finance & Revenue
12 September 1927
Loan, Interest rate, Napier Borough Council, Relief Works, Unemployed
  • F. D. Thomson, Clerk of the Executive Council

🗺️ Proposed Exchange of State Forest Land in Auckland

🗺️ Lands, Settlement & Survey
7 September 1927
Land exchange, State Forest, Auckland Forest-conservation Region, Tangihua State Forest
  • O. Hawken, Commissioner of State Forests