Local Government Loan Interest Rates




constructing certain roads in the Tahuna Roads Special-rating Area, and is now desirous of raising the sum of eight hundred and twenty-five pounds, being the balance of the loan of ten 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 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 Hauraki Plains County Council in respect of the said sum of eight hundred and twenty-five pounds shall be a rate not exceeding six per centum per annum, and the said Hauraki Plains County Council is hereby authorized to borrow the said sum of eight hundred and twenty-five pounds accordingly.

C. A. JEFFERY,
Acting Clerk of the Executive Council.


Prescribing the Rate of Interest that may be paid by the Stratford Borough Council in respect of a Loan of £1,500, authorized to be raised for the Purpose of erecting Public Conveniences.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 7th day of February, 1927.
Present:
THE HONOURABLE W. NOSWORTHY 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 Stratford Borough Council has been authorized to borrow the sum of one thousand five hundred pounds for the purpose of erecting public conveniences:

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

C. A. JEFFERY,
Acting Clerk to the Executive Council.


Prescribing the Rate of Interest that may be paid by the Waitomo County Council in respect of a Loan of £160, authorized to be raised for the Purpose of completing the Reforming, Culverting, and Metalling of about Ten Miles of the Ahoroa Road.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 7th day of February, 1927.
Present:
THE HONOURABLE W. NOSWORTHY 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 Waitomo County Council has been authorized to borrow the sum of one thousand six hundred pounds for reforming, culverting, and metalling about ten miles of the Ahoroa Road, and is now desirous of borrowing an additional sum of one hundred and sixty 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 Waitomo County Council in respect of the said loan of one hundred and sixty pounds shall be a rate not exceeding six per centum per annum, and the said Waitomo County Council is hereby authorized to borrow the said sum of one hundred and sixty pounds accordingly.

C. A. JEFFERY,
Acting Clerk of the Executive Council.


Prescribing the Rate of Interest that may be paid by the Waitotara County Council in respect of a Loan of £500, authorized to be raised for the Purpose of completing the Widening and Metalling of the Rangitatau East Road.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 7th day of February, 1927.
Present:
THE HONOURABLE W. NOSWORTHY 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 Waitotara County Council has been authorized to borrow the sum of five thousand pounds for widening and metalling the Rangitatau East Road, and is now desirous of borrowing an additional sum of five 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 Waitotara County Council in respect of the said loan of five hundred pounds shall be a rate not exceeding six per centum per annum, and the said Waitotara County Council is hereby authorized to borrow the said sum of five hundred pounds accordingly.

C. A. JEFFERY,
Acting Clerk of the Executive Council.



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💰 Prescribing Interest Rate for Hauraki Plains County Council Loan

💰 Finance & Revenue
7 February 1927
Loan, Interest Rate, Hauraki Plains County Council, Roads
  • C. A. Jeffery, Acting Clerk of the Executive Council

💰 Prescribing Interest Rate for Stratford Borough Council Loan

💰 Finance & Revenue
7 February 1927
Loan, Interest Rate, Stratford Borough Council, Public Conveniences
  • Charles Fergusson, Governor-General
  • C. A. Jeffery, Acting Clerk to the Executive Council

💰 Prescribing Interest Rate for Waitomo County Council Loan

💰 Finance & Revenue
7 February 1927
Loan, Interest Rate, Waitomo County Council, Road Construction
  • Charles Fergusson, Governor-General
  • C. A. Jeffery, Acting Clerk of the Executive Council

💰 Prescribing Interest Rate for Waitotara County Council Loan

💰 Finance & Revenue
7 February 1927
Loan, Interest Rate, Waitotara County Council, Road Construction
  • Charles Fergusson, Governor-General
  • C. A. Jeffery, Acting Clerk of the Executive Council