Local Body Loan Interest Rates




MAR. 22.] THE NEW ZEALAND GAZETTE. 753

Prescribing the Rate of Interest that may be paid by the Kawhia Council in respect of a Loan of £600, authorized to be raised for metalling Portion of the Taumataotara West Road.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 10th day of March, 1928.

Present :

THE RIGHT HONOURABLE SIR FRANCIS BELL, 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 Kawhia County Council has been authorized to borrow the sum of six hundred pounds for metalling portion of the Taumataotara West 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 Kawhia County Council in respect of the said sum of six hundred pounds shall be a rate not exceeding six per centum per annum, and the said Kawhia County Council is hereby authorized to borrow the said sum of six hundred pounds accordingly.

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


Prescribing the Rate of Interest that may be paid by the Northcote Borough Council in respect of a Loan of £2,000, authorized to be raised for the Completion of Road Formation.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 10th day of March, 1928.

Present :

THE RIGHT HONOURABLE SIR FRANCIS BELL, 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 Northcote Borough Council has been authorized to borrow the sum of two thousand pounds for the completion of road formation :

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 Northcote Borough Council in respect of the said sum of two thousand pounds shall be a rate not exceeding five and three-quarters per centum per annum, and the said Northcote Borough Council is hereby authorized to borrow the said sum of two thousand pounds accordingly.

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


Prescribing the Rate of Interest that may be paid by the Warkworth Town Board in respect of a Loan of £800, authorized to be raised for the Purchase of Land for the Purpose of Waterworks.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 10th day of March, 1928.

Present :

THE RIGHT HONOURABLE SIR FRANCIS BELL, 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 Warkworth Town Board has been authorized the sum of eight hundred pounds for the purchase of land for the purpose of waterworks :

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 Warkworth Town Board in respect of the said sum of eight hundred pounds shall be a rate not exceeding six per centum per annum, and the said Warkworth Town Board is hereby authorized to borrow the said sum of eight hundred pounds accordingly.

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


Prescribing the Rate of Interest that may be paid by the Waipa County Council in respect of a Loan of £950, authorized to be raised for the Purpose of completing the Metalling of Roads in the Kakepuku Riding.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 10th day of March, 1928.

Present :

THE RIGHT HONOURABLE SIR FRANCIS BELL, 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 Waipa County Council has been authorized to borrow the sum of nine hundred and fifty pounds for the



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💰 Prescribing Interest Rate for Kawhia Council Loan

💰 Finance & Revenue
10 March 1928
Loan, Interest Rate, Kawhia County Council, Road Metalling
  • Charles Fergusson, Governor-General
  • The Right Honourable Sir Francis Bell, P.C., Presiding in Council
  • C. A. Jeffery, Acting Clerk of the Executive Council

💰 Prescribing Interest Rate for Northcote Borough Council Loan

💰 Finance & Revenue
10 March 1928
Loan, Interest Rate, Northcote Borough Council, Road Formation
  • Charles Fergusson, Governor-General
  • The Right Honourable Sir Francis Bell, P.C., Presiding in Council
  • C. A. Jeffery, Acting Clerk of the Executive Council

💰 Prescribing Interest Rate for Warkworth Town Board Loan

💰 Finance & Revenue
10 March 1928
Loan, Interest Rate, Warkworth Town Board, Land Purchase, Waterworks
  • Charles Fergusson, Governor-General
  • The Right Honourable Sir Francis Bell, P.C., Presiding in Council
  • C. A. Jeffery, Acting Clerk of the Executive Council

💰 Prescribing Interest Rate for Waipa County Council Loan

💰 Finance & Revenue
10 March 1928
Loan, Interest Rate, Waipa County Council, Road Metalling, Kakepuku Riding
  • Charles Fergusson, Governor-General
  • The Right Honourable Sir Francis Bell, P.C., Presiding in Council
  • C. A. Jeffery, Acting Clerk of the Executive Council