1750
THE NEW ZEALAND GAZETTE.
[No. 45

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

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

Prescribing the Rate of Interest that may be paid by the Golden
Bay Electric-power Board in respect of a Loan of £3,500,
authorized to be raised for the Purpose of financing Con-
sumers.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 22nd day of
May, 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 Golden Bay Electric-power Board has
been authorized to borrow the sum of three thousand five
hundred pounds for the purpose of financing consumers:

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 Golden Bay
Electric-power Board in respect of the said sum of three
thousand five hundred pounds shall be a rate not exceeding
six per centum per annum, and the said Golden Bay Electric-
power Board is hereby authorized to borrow the said sum of
three thousand five hundred pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Golden
Bay Electric-power Board in respect of a Loan of £21,500,
authorized to be raised for Construction Works.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 22nd day
of May, 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 Golden Bay Electric-power Board has
been authorized to borrow the sum of twenty-one thousand
five hundred pounds for construction 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 Golden Bay Electric-
power Board in respect of the said sum of twenty-one
thousand five hundred pounds shall be a rate not exceeding
six per centum per annum, and the said Golden Bay Electric-
power Board is hereby authorized to borrow the said sum of
twenty-one thousand five hundred pounds accordingly.

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

Prescribing the Rate of Interest that may be paid by the Hauraki
Plains County Council in respect of a Loan of £5,000,
authorized to be raised for the Purpose of metalling certain
Roads in the Ngatea Riding.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 22nd day
of May, 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 Hauraki Plains County Council has been
authorized to borrow the sum of five thousand pounds for
the purpose of metalling certain roads in the Ngatea Riding:

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 five thousand
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 five thousand pounds
accordingly.

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

Prescribing the Rate of Interest that may be paid by the Franklin
County Council in respect of a Loan of £1,000, authorized
to be raised for the Purpose of completing certain Road Works
in the Awhitu Riding, for which a Loan of £10,000 was autho-
rized in 1920.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 22nd day
of May, 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