Oct. 2.] THE NEW ZEALAND GAZETTE. 2883

Regulations under the Massey Agricultural College Act, 1926, relating to Subsidies on Voluntary Contributions.—(Notice No. Ag. 2931.)

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 29th day of September, 1930.

Present:

His Excellency the Governor-General in Council.

I N pursuance and exercise of the powers and authorities conferred upon him by the Massey Agricultural College Act, 1926 (hereinafter referred to as “the said Act”), and of all other powers and authorities in that behalf enabling, 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 regulations hereinafter set forth relating to subsidies on voluntary contributions.

R E G U L A T I O N S.

1. THESE regulations may be cited as “The Massey Agricultural College Subsidy Regulations, 1930.”

2. These regulations shall come into force on the date of the publication hereof in the Gazette.

3. For the purposes of these regulations, unless inconsistent with the context,––

“Live-stock” means horses, cattle, sheep, and swine:

“Minister” means the Minister of Agriculture:

“Poultry” means domestic fowls, ducks, geese, and turkeys:

“The College” means the Massey Agricultural College established under the said Act:

“Voluntary contributions” includes any devise, bequest, or gift of money, land or other property without consideration in money or money’s worth.

4. The voluntary contributions in respect of which subsidies shall be payable pursuant to section 22 of the said Act shall be such as are available either directly or as an endowment for one or more of the following purposes, without the control, approval, or interference of any person other than the College, or the governing body thereof, or the Minister:––

(a) The provision, improvement, or maintenance of sites and buildings:

(b) The provision or maintenance of equipment of a more or less permanent character for the purposes of the College generally or for the work of the College classes.

(c) The establishment, maintenance, or improvement of College libraries.

(d) The establishment of scholarships, exhibitions, and other College distinctions and awards, and the payment of fees and provision of books for students attending the College.

(e) The payment in whole or in part of salaries of professors, lecturers, assistants, or other teachers.

(f) The establishment and maintenance of College hostels or residential houses for the accommodation of students attending the College: Provided that any such hostel or residential house is wholly under the control of the governing body of the College.

(g) The extension or improvement of farm live-stock and/or poultry.

5. If such purpose be one in respect of which a subsidy at the rate of £1 for every £1 of voluntary contributions is claimed to be payable pursuant to paragraph (a) of subsection (2) of the said section 22, no such subsidy shall be payable until the Minister is satisfied that proper provision by means of a sufficient declaration of trust or other instrument has been made, to ensure that such voluntary contributions shall be available solely for and at all times used solely as a capital endowment, the income from which is available solely for one or more of the purposes set out in the last preceding clause of these regulations, and until such declaration of trust or other instrument has been produced to the Minister and an attested copy thereof delivered to him to be retained by the Director-General of Agriculture.

6. All claims for the payment of any subsidy must be made to the Minister in the form set forth in the Schedule hereto, and must be executed under the seal of the Corporation of the College or signed by the Registrar or other responsible officer thereof.

7. Accounts shall be kept by the College of all voluntary contributions which are available for and used solely as capital endowments, and on which there is paid the subsidy provided for by paragraph (a) of subsection (2) of the said section 22, showing––

(a) (i) The amounts of capital standing to the credit of these accounts on the first day of January in each year.

(ii) The sources from which such capital was derived and the amount derived from each source.

(iii) The purposes for which the contributions were given.

(iv) The amount of capital received during the year.

(b) The amounts invested in securities and the names of such securities.

(c) The income derived from such investments.

(d) The amounts expended and the purposes of such expenditure.

(e) The balance in the Income and Expenditure Account.

8. Similar accounts shall be kept of the subsidies which are paid by the Government from time to time on voluntary contributions, and which are to be used as a capital endowment pursuant to subsection (5) of the said section 22.

9. Accounts shall be kept of the voluntary contributions which are not used as capital endowments, showing the amounts received and expended and the balance as on the first day of January in each year.

10. All the foregoing accounts shall be duly audited by the Audit Office, and shall be available at all times both before and after audit for inspection by any person appointed by the Minister for that purpose.

SCHEDULE.

THE MASSEY AGRICULTURAL COLLEGE ACT, 1926, SECTION 22.

Claim for Subsidy on Voluntary Contributions.

1. THE Massey Agricultural College hereby makes application for subsidies on voluntary contributions as follows:––

In cases of claims under heading (a) hereof, on proceeds of entertainments, a certified statement of receipts and expenditure must be attached. In cases of claims under headings (c) and (d) hereof, a schedule describing each item and showing how the value thereof has been ascertained must be attached.

2. The following are particulars of above-mentioned voluntary contributions received:––

3. The following are the purposes for which the said voluntary contributions or the income thereof, as the case may be, will be used:––

4. The following are the purposes for which the income of the subsidies payable on the said voluntary contributions will be used:––