✨ Local Government Loan Orders
Dec. 15.] THE NEW ZEALAND GAZETTE. 3687
money, or such amount thereof as has not been borrowed, at notwithstanding anything to the contrary in any Act or in
such rate of interest, or for such term, as may be prescribed any rule of law, where a local authority or public body has
by the Governor-General by Order in Council : been authorized before the passing of the said Act, or is there-
And whereas the Levin Borough Council has been authorized after authorized, to borrow money, whether pursuant to a poll
to borrow the sum of two thousand five hundred pounds for of ratepayers or otherwise howsoever, whether the rate of
completing the construction of streets and footpaths : interest or the term of years of the loan was or was not
And whereas the Minister of Finance has given his precedent specified or determined, and such money or any part thereof
consent as required by the above-recited section one hundred has not been borrowed, the local authority or public body may,
and fourteen, and it is desired that the rate of interest at which with the precedent consent of the Minister of Finance, borrow
the money may be borrowed be not exceeding six per centum such money, or such amount thereof as has not been borrowed,
per annum : at such rate of interest, or for such term, as may be prescribed
Now, therefore, His Excellency the Governor-General of by the Governor-General by Order in Council :
the Dominion of New Zealand, in pursuance and exercise of And whereas the Piako County Council has been authorized
the power and authority vested in him as aforesaid, and acting to borrow the sum of three hundred pounds for completing the
by and with the advice and consent of the Executive Council metalling of Piakoiti Valley and Mount Roads :
of the said Dominion, doth hereby prescribe that the rate of And whereas the Minister of Finance has given his precedent
interest that may be paid by the Levin Borough Council in consent as required by the above-recited section one hundred
respect of the said sum of two thousand five hundred pounds and fourteen, and it is desired that the term for which the
shall be a rate not exceeding six per centum per annum, and ths said Levin Borough Council is hereby authorized to borrow money may be borrowed be fifteen years, and the rate of
the said sum of two thousand five hundred pounds accordingly. interest payable thereon be not exceeding six per centum per
annum :
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Rate of Interest that may be paid by the Paeroa Borough Council in respect of a Loan of £1,800, authorized to be raised for the Purpose of paying its Proportion of the Cost of constructing the Criterion Bridge.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 13th day of December, 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 Paeroa Borough Council has been authorized to borrow the sum of one thousand eight hundred pounds for the purpose of paying its proportion of the cost of constructing the Criterion Bridge:
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 Paeroa Borough Council in respect of the said sum of one thousand eight hundred pounds shall be a rate not exceeding six per centum per annum, and the said Paeroa Borough Council is hereby authorized to borrow the said sum of one thousand eight hundred pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Prescribing the Term for which the Piako County Council may borrow the Sum of £300, authorized to be raised for completing the Metalling of Piakoiti Valley and Mount Roads, and also the Rate of Interest payable thereon.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 13th day of December, 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,
Prescribing the Term for which the Auckland City Council may borrow the Sum of £12,000, authorized to be raised for the Completion of Drainage Works, and also the Rate of Interest payable thereon.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 13th day of December, 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 Auckland City Council has been authorized to borrow the sum of twelve thousand pounds for the completion of drainage 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 term for which the money may be borrowed be thirty years, and the rate of interest payable thereon 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 term for which the Auckland City Council may borrow the sum of twelve thousand pounds shall be thirty years, and the rate of interest that may be paid thereon shall be a rate not exceeding six per centum per annum, and the said Auckland City Council is hereby authorized to borrow the said sum of twelve thousand pounds accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
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VUW Te Waharoa —
NZ Gazette 1927, No 86
NZLII —
NZ Gazette 1927, No 86
✨ LLM interpretation of page content
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Prescribing interest rate for Levin Borough Council
(continued from previous page)
💰 Finance & Revenue13 December 1927
Loans, Local government, Levin Borough Council, Streets and footpaths
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing interest rate for Paeroa Borough Council
💰 Finance & Revenue13 December 1927
Loans, Local government, Paeroa Borough Council, Criterion Bridge
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing term and interest rate for Piako County Council
💰 Finance & Revenue13 December 1927
Loans, Local government, Piako County Council, Road metalling
- F. D. Thomson, Clerk of the Executive Council
💰 Prescribing term and interest rate for Auckland City Council
💰 Finance & Revenue13 December 1927
Loans, Local government, Auckland City Council, Drainage works
- F. D. Thomson, Clerk of the Executive Council