Aug. 8.] THE NEW ZEALAND GAZETTE 2023

loans referred to in the Third Column of the said Schedule, up to the respective amounts set out in the Fourth Column of the said Schedule, for the respective terms set out in the Fifth Column of the said Schedule at rates of interest being such as shall not produce to the lenders rates exceeding the respective rates specified in the Sixth Column of the said Schedule, subject to the condition that the respective local authorities shall, before borrowing the said respective sums or any part thereof, make provision for the repayment thereof by establishing a sinking fund under the Local Bodies’ Loans Act, 1926, or under such other statutory enactment as may be applicable in any respective case, and shall thereafter make to such sinking fund payments at intervals of not more than one year at a rate or rates which shall be not less than the respective rates per centum set out in the Seventh Column of the said Schedule, such payments to be made in respect of every part of the said respective sums for the time being so borrowed and not repaid, and the first payment to be made not later than one year after the first day from which interest to the lender is computed on any moneys so borrowed, and subject to the further condition that in no case shall any portion of interest or sinking fund be paid out of loan-moneys.

SCHEDULE.

(T. 40/416/6.)

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

Order in Council consenting to the raising of a Loan of £25,000 by the Christchurch Drainage Board.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 5th day of August, 1929.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Christchurch Drainage Board (hereinafter called “the said local authority”) is desirous of raising the sum of twenty-five thousand pounds by a loan to be known as “Advances to Ratepayers Loan, 1929 (No. 2)” for the purpose of making advances to ratepayers to enable them to connect their premises with the sewers of the Board: And whereas the said local authority has complied with the provisions of the Local Government Loans Board Act, 1926 (hereinafter called “the said Act”), and it is expedient that the precedent consent of the Governor-General in Council under the said Act should be given to the raising of the said loan on the terms and conditions hereinafter set forth:

Now, therefore, 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, and in pursuance and exercise of the powers and authorities conferred on him by the said Act, and of all other powers and authorities enabling him in this behalf, doth hereby consent to the raising by the said local authority of the said loan up to the amount of twenty-five thousand pounds for a term not exceeding seven years, at such rate or rates of interest as shall not produce to the lenders a rate exceeding the rate of five pounds five shillings per centum per annum, subject to the condition that the provisions for repayment of advances must be so arranged as to ensure that all repayments must be completed at maturity of the loan, and the proceeds then applied in redemption of the loan so that no portion of the loan shall be renewed.

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

(T. 49/187/5.)

B

Declaring Portions of Road in Block X, Maramarua Survey District, to be Government Roads.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 5th day of August, 1929.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

IN pursuance and exercise of the powers vested in him by the Public Works Act, 1928, and of all other powers in anywise 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 order and declare that the portions of road described in the Schedule hereto shall, on and after the date of this Order in Council, become Government roads.

SCHEDULE.

APPROXIMATE areas of the pieces of road declared to be Government roads:—

A. R. P. Adjoining or passing through
0 1 13·3 Allotment 218, Parish of Whangamarino; coloured green.
0 3 11·9 Allotment 218, Parish of Whangamarino; coloured green.
0 0 12·3 Road adjoining Allotment 218, Whangamarino Parish; coloured yellow.

Situated in Block X, Maramarua Survey District. (S.O. 22556.)

In the Auckland Land District; as the same are more particularly delineated on the plan marked P.W.D. 56948, deposited in the office of the Minister of Public Works at Wellington, and thereon coloured as above mentioned.

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

(P.W. 62/2/1/12.)