Local Government Loan Orders




Feb. 23.] THE NEW ZEALAND GAZETTE. 449

Prescribing the Term for which the Ekatahuna County Council may borrow the Sum of £750, authorized to be raised for forming and metalling Portions of the Main Highway, and also the Rate of Interest payable thereon.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 14th day of February, 1928.

Present:

THE RIGHT HONOURABLE J. G. COATES, P.C., 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 Ekatahuna County Council has been authorized to borrow the sum of seven hundred and fifty pounds for forming and metalling portions of the main highway:

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 fifteen 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 Ekatahuna County Council may borrow the said sum of seven hundred and fifty pounds shall be fifteen 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 Ekatahuna County Council is hereby authorized to borrow the said sum of seven hundred and fifty pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Thames Harbour Board in respect of a Loan of £6,000, authorized to be raised for the Construction of Harbour Works.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 14th day of February, 1928.

Present:

THE RIGHT HONOURABLE J. G. COATES, P.C., 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 Thames Harbour Board has been authorized to borrow the sum of six thousand pounds for the construction of harbour 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 Thames Harbour Board in respect of the said sum of six thousand pounds shall be a rate not exceeding six per centum per annum, and the said Thames Harbour Board is hereby authorized to borrow the said sum of six thousand pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Rangitikei County Council in respect of a Loan of £4,500, authorized to be raised for the Purpose of paying the Council’s Share of the Cost of reconstructing the Turakina Bridge.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 14th day of February, 1928.

Present:

THE RIGHT HONOURABLE J. G. COATES, P.C., 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 Rangitikei County Council has been authorized to borrow the sum of four thousand five hundred pounds for the purpose of paying the Council’s share of the cost of reconstructing the Turakina 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 Rangitikei County Council in respect of the said sum of four thousand five hundred pounds shall be a rate not exceeding six per centum per annum, and the said Rangitikei County Council is hereby authorized to borrow the said sum of four thousand five hundred pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Morrinsville Borough Council in respect of a Loan of £500, being a Portion of a Loan of £1,000, authorized to be raised for Sewerage Works.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 14th day of February, 1928.

Present:

THE RIGHT HONOURABLE J. G. COATES, P.C., 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:



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🏘️ Prescribing Loan Terms for Ekatahuna County Council Highway Works

🏘️ Provincial & Local Government
14 February 1928
Loan, Highway Works, Ekatahuna County Council
  • Charles Fergusson, Governor-General
  • J. G. Coates, P.C., Presiding in Council
  • F. D. Thomson, Clerk of the Executive Council

🏘️ Prescribing Interest Rate for Thames Harbour Board Loan

🏘️ Provincial & Local Government
14 February 1928
Loan, Harbour Works, Thames Harbour Board
  • Charles Fergusson, Governor-General
  • J. G. Coates, P.C., Presiding in Council
  • F. D. Thomson, Clerk of the Executive Council

🏘️ Prescribing Interest Rate for Rangitikei County Council Loan

🏘️ Provincial & Local Government
14 February 1928
Loan, Turakina Bridge, Rangitikei County Council
  • Charles Fergusson, Governor-General
  • J. G. Coates, P.C., Presiding in Council
  • F. D. Thomson, Clerk of the Executive Council

🏘️ Prescribing Interest Rate for Morrinsville Borough Council Loan

🏘️ Provincial & Local Government
14 February 1928
Loan, Sewerage Works, Morrinsville Borough Council
  • Charles Fergusson, Governor-General
  • J. G. Coates, P.C., Presiding in Council
  • F. D. Thomson, Clerk of the Executive Council