Local Bodies' Loans Regulations




JULY 11.] THE NEW ZEALAND GAZETTE. 1829

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 House at Wellington, this 8th day of July, 1929.

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL 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 additional 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, and the Local Bodies' Loans Act, 1926, the term of any loan granted to a local authority may be twenty-five years, twenty years, or fifteen years, with the principal and interest payable by half-yearly instalments in accordance with the relative table as shown in the Schedule hereto.

SCHEDULE.

TABLE OF HALF-YEARLY INSTALMENTS FOR EVERY ONE HUNDRED POUNDS OF THE LOAN. TERM: 25 YEARS.
INTEREST: 6 PER CENT.

Half-year Half-yearly Instalment On Account of Interest at 6 per Cent. On Account of Principal Balance of Principal owing
£ s. d. £ s. d. £ s. d. £ s. d.
1st 3 17 9 3 0 0 0 17 9 99 2 3
2nd 3 17 9 2 19 6 0 18 3 98 4 0
3rd 3 17 9 2 18 11 0 18 10 97 5 2
4th 3 17 9 2 18 4 0 19 5 96 5 9
5th 3 17 9 2 17 9 1 0 0 95 5 9
6th 3 17 9 2 17 2 1 0 7 94 5 2
7th 3 17 9 2 16 7 1 1 2 93 4 0
8th 3 17 9 2 15 11 1 1 10 92 2 2
9th 3 17 9 2 15 3 1 2 6 90 19 8
10th 3 17 9 2 14 7 1 3 2 89 16 6
11th 3 17 9 2 13 11 1 3 10 88 12 8
12th 3 17 9 2 13 2 1 4 7 87 8 1
13th 3 17 9 2 12 5 1 5 4 86 2 9
14th 3 17 9 2 11 8 1 6 1 84 16 8
15th 3 17 9 2 10 11 1 6 10 83 9 10
16th 3 17 9 2 10 2 1 7 7 82 2 3
17th 3 17 9 2 9 3 1 8 6 80 13 9
18th 3 17 9 2 8 5 1 9 4 79 4 5
19th 3 17 9 2 7 7 1 10 2 77 14 3
20th 3 17 9 2 6 8 1 11 1 76 3 2
21st 3 17 9 2 5 9 1 12 0 74 11 2
22nd 3 17 9 2 4 9 1 13 0 72 18 2
23rd 3 17 9 2 3 9 1 14 0 71 4 2
24th 3 17 9 2 2 9 1 15 0 69 9 2
25th 3 17 9 2 1 8 1 16 1 67 13 1
26th 3 17 9 2 0 7 1 17 2 65 15 11
27th 3 17 9 1 19 6 1 18 3 63 17 8
28th 3 17 9 1 18 5 1 19 4 61 18 4
29th 3 17 9 1 17 2 2 0 7 59 17 9
30th 3 17 9 1 16 0 2 1 9 57 16 0
31st 3 17 9 1 14 9 2 3 0 55 13 0
32nd 3 17 9 1 13 5 2 4 4 53 8 8
33rd 3 17 9 1 12 1 2 5 8 51 3 0
34th 3 17 9 1 10 9 2 7 0 48 16 0
35th 3 17 9 1 9 4 2 8 5 46 7 7
36th 3 17 9 1 7 10 2 9 11 43 17 8
37th 3 17 9 1 6 4 2 11 5 41 6 3
38th 3 17 9 1 4 10 2 12 11 38 13 4
39th 3 17 9 1 3 3 2 14 6 35 18 10
40th 3 17 9 1 1 8 2 16 1 33 2 9
41st 3 17 9 0 19 11 2 17 10 30 4 11
42nd 3 17 9 0 18 2 2 19 7 27 5 4
43rd 3 17 9 0 16 5 3 1 4 24 4 0
44th 3 17 9 0 14 7 3 3 2 21 0 10
45th 3 17 9 0 12 8 3 5 1 17 15 9
46th 3 17 9 0 10 9 3 7 0 14 8 9
47th 3 17 9 0 8 9 3 9 0 10 19 9
48th 3 17 9 0 6 8 3 11 1 7 8 8
49th 3 17 9 0 4 6 3 13 3 3 15 5
50th 3 17 9 0 2 4 3 15 5 ..

TABLE OF HALF-YEARLY INSTALMENTS FOR EVERY ONE HUNDRED POUNDS OF THE LOAN. TERM: 20 YEARS.
INTEREST: 6 PER CENT.

Half-year Half-yearly Instalment On Account of Interest at 6 per Cent. On Account of Principal Balance of Principal owing
£ s. d. £ s. d. £ s. d. £ s. d.
1st 4 6 6 3 0 0 1 6 6 98 13 6
2nd 4 6 6 2 19 2 1 7 4 97 6 2
3rd 4 6 6 2 18 4 1 8 2 95 18 0
4th 4 6 6 2 17 6 1 9 0 94 9 0
5th 4 6 6 2 16 8 1 9 10 92 19 2
6th 4 6 6 2 15 9 1 10 9 91 8 5
7th 4 6 6 2 14 10 1 11 8 89 16 9
8th 4 6 6 2 13 10 1 12 8 88 4 1
9th 4 6 6 2 12 11 1 13 7 86 10 6
10th 4 6 6 2 11 10 1 14 8 84 15 10
11th 4 6 6 2 10 10 1 15 8 83 0 2
12th 4 6 6 2 9 10 1 16 8 81 3 6
13th 4 6 6 2 8 8 1 17 10 79 5 8
14th 4 6 6 2 7 6 1 19 0 77 6 8
15th 4 6 6 2 6 4 2 0 2 75 6 6
16th 4 6 6 2 5 2 2 1 4 73 5 2
17th 4 6 6 2 3 11 2 2 7 71 2 7
18th 4 6 6 2 2 8 2 3 10 68 18 9
19th 4 6 6 2 1 4 2 5 2 66 13 7
20th 4 6 6 2 0 0 2 6 6 64 7 1
21st 4 6 6 1 18 7 2 7 11 61 19 2
22nd 4 6 6 1 17 2 2 9 4 59 9 10
23rd 4 6 6 1 15 8 2 10 10 56 19 0
24th 4 6 6 1 14 2 2 12 4 54 6 8
25th 4 6 6 1 12 7 2 13 11 51 12 9
26th 4 6 6 1 11 0 2 15 6 48 17 3
27th 4 6 6 1 9 4 2 17 2 46 0 1
28th 4 6 6 1 7 7 2 18 11 43 1 2
29th 4 6 6 1 5 10 3 0 8 40 0 6
30th 4 6 6 1 4 0 3 2 6 36 18 0
31st 4 6 6 1 2 1 3 4 5 33 13 7
32nd 4 6 6 1 0 2 3 6 4 30 7 3
33rd 4 6 6 0 18 2 3 8 4 26 18 4
34th 4 6 6 0 16 2 3 10 4 23 8 7
35th 4 6 6 0 14 1 3 12 5 19 16 2
36th 4 6 6 0 11 11 3 14 7 16 1 7
37th 4 6 6 0 9 7 3 16 11 12 4 8
38th 4 6 6 0 7 4 3 19 2 8 5 6
39th 4 6 6 0 5 0 4 1 6 4 4 0
40th 4 6 6 0 2 6 4 4 0 ..

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💰 Regulations under the Local Bodies' Loans Act, 1926

💰 Finance & Revenue
8 July 1929
Local Bodies' Loans, State Advances Office, Loan Terms, Half-Yearly Instalments
  • Charles Fergusson, Governor-General