Mar. 15.] THE NEW ZEALAND GAZETTE. 707
(c) The public notice of the resolution to make the said special order (hereinafter referred to as “the said public notice”), although stating the date fixed for the meeting to confirm that resolution (hereinafter referred to as “the confirming meeting”), omitted to state the time fixed for the confirming meeting as required by section seventy-two of the Road Boards Act, 1908:
(d) The said public notice, although published once in each week for four consecutive weeks preceding the confirming meeting, was not published once in each of the four consecutive weeks immediately preceding the confirming meeting, as required by section seventy-two of the Road Boards Act, 1908:
And whereas it appears that the ratepayers of the said special-rating area have not been misled by such irregularities or defects as aforesaid, and it is expedient to validate the same:
Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand in pursuance and exercise of the powers and authorities conferred on him by section one hundred and twenty-two of the said Act, and of all other powers and authorities enabling him in that behalf, and acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby order and declare that the proceedings in connection with the said loan shall be valid to all intents and purposes as though—
(a) The said Act and section number had been correctly cited in the ratepayers’ consent and in the said special order:
(b) The boundaries of the said special-rating area had been correctly described in the said special order:
(c) The said public notice had stated the time fixed for the confirming meeting:
(d) The said public notice had been correctly published:
And that the validity of the proceedings in connection with the said loan or the validity of the security for the said loan shall not be called in question by reason only of the irregularities or defects as aforesaid.
C. A. JEFFERY,
Acting Clerk of the Executive Council.
(I.A. 19/159/280.)
Regulations under the Local Bodies' Loans Act, 1926 (Loans to Local Bodies by the State Advances Office).
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 5th day of March, 1928.
Present:
THE RIGHT HONOURABLE SIR FRANCIS BELL, P.C., PRESIDING IN COUNCIL.
IN pursuance and exercise of the powers and authorities vested in him by the Local Bodies' Loans Act, 1926, and all other powers and authorities enabling him in this behalf, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby make the following regulation and doth hereby declare that such regulation shall come into force on the date of the publication thereof in the New Zealand Gazette.
REGULATION.
NOTWITHSTANDING anything to the contrary contained in any regulations heretofore made under the Local Bodies' Loans Act, 1913, the term of any loan granted to a local authority may be thirty years, with the principal and interest payable by half-yearly instalments in accordance with the table in the Schedule hereto.
SCHEDULE.
TABLE OF HALF-YEARLY INSTALMENTS FOR EVERY ONE HUNDRED POUNDS OF THE LOAN. TERM: 30 YEARS. INTEREST: 6 PER CENT.
| Half-year. | Half-yearly Instalment. | Apportioned thus: | Balance of Principal owing. | Half-year. | Half-yearly Instalment. | Apportioned thus: | Balance of Principal owing. |
| --- | --- | --- | --- | --- | --- | --- | --- |
| On Account of Interest at 6 per Cent. | On Account of Principal. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. |
| 1st. | 3 12 3 | 3 0 0 | 0 12 3 | 99 7 9 | 31st. | 3 12 3 | 2 2 6 | 1 9 9 | 69 6 7 |
| 2nd. | 3 12 3 | 2 19 7 | 0 12 8 | 98 15 1 | 32nd. | 3 12 3 | 2 1 7 | 1 10 8 | 67 15 11 |
| 3rd. | 3 12 3 | 2 19 3 | 0 13 0 | 98 2 1 | 33rd. | 3 12 3 | 2 0 8 | 1 11 7 | 66 4 4 |
| 4th. | 3 12 3 | 2 18 10 | 0 13 5 | 97 8 8 | 34th. | 3 12 3 | 1 19 9 | 1 12 6 | 64 11 10 |
| 5th. | 3 12 3 | 2 18 5 | 0 13 10 | 96 14 10 | 35th. | 3 12 3 | 1 18 9 | 1 13 6 | 62 18 4 |
| 6th. | 3 12 3 | 2 18 0 | 0 14 3 | 96 0 7 | 36th. | 3 12 3 | 1 17 9 | 1 14 6 | 61 3 10 |
| 7th. | 3 12 3 | 2 17 7 | 0 14 8 | 95 5 11 | 37th. | 3 12 3 | 1 16 8 | 1 15 7 | 59 8 3 |
| 8th. | 3 12 3 | 2 17 2 | 0 15 1 | 94 10 10 | 38th. | 3 12 3 | 1 15 8 | 1 16 7 | 57 11 8 |
| 9th. | 3 12 3 | 2 16 9 | 0 15 6 | 93 15 4 | 39th. | 3 12 3 | 1 14 6 | 1 17 9 | 55 13 11 |
| 10th. | 3 12 3 | 2 16 3 | 0 16 0 | 92 19 4 | 40th. | 3 12 3 | 1 13 5 | 1 18 10 | 53 15 1 |
| 11th. | 3 12 3 | 2 15 9 | 0 16 6 | 92 2 10 | 41st. | 3 12 3 | 1 12 3 | 2 0 0 | 51 15 1 |
| 12th. | 3 12 3 | 2 15 3 | 0 17 0 | 91 5 10 | 42nd. | 3 12 3 | 1 11 0 | 2 1 3 | 49 13 10 |
| 13th. | 3 12 3 | 2 14 9 | 0 17 6 | 90 8 4 | 43rd. | 3 12 3 | 1 9 10 | 2 2 5 | 47 11 5 |
| 14th. | 3 12 3 | 2 14 3 | 0 18 0 | 89 10 4 | 44th. | 3 12 3 | 1 8 6 | 2 3 9 | 45 7 8 |
| 15th. | 3 12 3 | 2 13 8 | 0 18 7 | 88 11 9 | 45th. | 3 12 3 | 1 7 3 | 2 5 0 | 43 2 8 |
| 16th. | 3 12 3 | 2 13 2 | 0 19 1 | 87 12 8 | 46th. | 3 12 3 | 1 5 10 | 2 6 5 | 40 16 3 |
| 17th. | 3 12 3 | 2 12 7 | 0 19 8 | 86 13 0 | 47th. | 3 12 3 | 1 4 6 | 2 7 9 | 38 8 6 |
| 18th. | 3 12 3 | 2 12 0 | 1 0 3 | 85 12 9 | 48th. | 3 12 3 | 1 3 0 | 2 9 3 | 35 19 3 |
| 19th. | 3 12 3 | 2 11 4 | 1 0 11 | 84 11 10 | 49th. | 3 12 3 | 1 1 7 | 2 10 8 | 33 8 7 |
| 20th. | 3 12 3 | 2 10 9 | 1 1 6 | 83 10 4 | 50th. | 3 12 3 | 1 0 1 | 2 12 2 | 30 16 5 |
| 21st. | 3 12 3 | 2 10 1 | 1 2 2 | 82 8 2 | 51st. | 3 12 3 | 0 18 6 | 2 13 9 | 28 2 8 |
| 22nd. | 3 12 3 | 2 9 5 | 1 2 10 | 81 5 4 | 52nd. | 3 12 3 | 0 16 10 | 2 15 5 | 25 7 3 |
| 23rd. | 3 12 3 | 2 8 9 | 1 3 6 | 80 1 10 | 53rd. | 3 12 3 | 0 15 2 | 2 17 1 | 22 10 2 |
| 24th. | 3 12 3 | 2 8 0 | 1 4 3 | 78 17 7 | 54th. | 3 12 3 | 0 13 6 | 2 18 9 | 19 11 5 |
| 25th. | 3 12 3 | 2 7 4 | 1 4 11 | 77 12 8 | 55th. | 3 12 3 | 0 11 9 | 3 0 6 | 16 10 11 |
| 26th. | 3 12 3 | 2 6 7 | 1 5 8 | 76 7 0 | 56th. | 3 12 3 | 0 9 11 | 3 2 4 | 13 8 7 |
| 27th. | 3 12 3 | 2 5 10 | 1 6 5 | 75 0 7 | 57th. | 3 12 3 | 0 8 1 | 3 4 2 | 10 4 5 |
| 28th. | 3 12 3 | 2 5 0 | 1 7 3 | 73 13 4 | 58th. | 3 12 3 | 0 6 1 | 3 6 2 | 6 18 3 |
| 29th. | 3 12 3 | 2 4 2 | 1 8 1 | 72 5 3 | 59th. | 3 12 3 | 0 4 2 | 3 8 1 | 3 10 2 |
| 30th. | 3 12 3 | 2 3 4 | 1 8 11 | 70 16 4 | 60th. | 3 12 3 | 0 2 1 | 3 10 2 | .. |
C. A. JEFFREY,
Acting Clerk of the Executive Council.