472
THE NEW ZEALAND GAZETTE.
[No. 16

Order in Council prescribing the Term and Rate of Interest in respect of a Portion—£1,000—of the Stratford County Council Loan of £22,000.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 2nd day of March, 1931.

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Stratford County Council (hereinafter called “the said local authority”) has been authorized to borrow in respect of a loan to be known as “West Riding Loan, 1919,” the sum of twenty-two thousand pounds, whereof the sum of one thousand pounds has not yet been borrowed:

And whereas the Minister of Finance has given his precedent consent as required by section one hundred and fourteen of the Local Bodies’ Loans Act, 1926 (hereinafter called “the said section”), to the borrowing by the said local authority of the said sum of one thousand pounds for a term of fifteen years, at such rate or rates of interest as shall not produce to the lenders a rate exceeding the rate hereinafter mentioned:

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 section, and of all other powers and authorities enabling him in this behalf, doth hereby prescribe that the said sum of one thousand pounds, or any part thereof, may be raised in respect of the said loan by the said local authority for a term of fifteen years, at such rate or rates of interest as shall not produce to the lenders a rate exceeding the rate of five pounds seventeen shillings and sixpence per centum per annum, and the said local authority is hereby authorized to borrow the said sum accordingly.

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

(T. 49/226.)

Order in Council consenting to the Raising of a Loan of £800 by the Green Island Borough Council.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 2nd day of March, 1931.

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Green Island Borough Council (hereinafter called “the said local authority”) is desirous of raising the sum of eight hundred pounds by a loan to be known as “Lighting Redemption Loan, 1931,” for the purpose of redeeming portion of lighting loans of eight hundred and fifty pounds and eighty-five pounds maturing on thirty-first March, one thousand nine hundred and thirty-one:

And whereas the 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:

And whereas the Minister of Finance has given his precedent consent as required by section one hundred and fourteen of the Local Bodies’ Loans Act, 1926, to the borrowing by the said local authority of the said sum of eight hundred pounds, at a rate or rates of interest being such as shall not produce to the lenders a rate exceeding the rate of five pounds fifteen shillings per centum per annum:

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 by section one hundred and fourteen of the Local Bodies’ Loans Act, 1926, 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 eight hundred pounds, at such rate or rates of interest as shall not produce to the lenders a rate exceeding the rate of five pounds fifteen shillings per centum per annum, subject to the condition that the said sum shall be repaid by annual instalments of not less than two hundred pounds in each of the first three years of the currency of the loan, and the balance in the fourth year.

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

(T. 49/287/5.)

Order in Council consenting to the Raising of a Loan of £350 by the Glen Eden Town Board.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government House, at Wellington, this 2nd day of March, 1931.

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Glen Eden Town Board (hereinafter called “the said local authority”) proposes, pursuant to the terms of a Warrant issued under section one hundred and thirty-five of the Public Works Act, 1928, to raise the sum of three hundred and fifty pounds by a loan to be known as “Whau Bridge Reconstruction Loan, 1931,” for the purpose of erecting a bridge over the Whau Creek on the Auckland-Helensville Main Highway (together with approaches thereto):

And whereas the Minister of Finance has given his precedent consent as required by section one hundred and fourteen of the Local Bodies’ Loans Act, 1926, to the borrowing by the said local authority of the said sum of three hundred and fifty pounds, at a rate or rates of interest being such as shall not produce to the lenders a rate exceeding the rate of five pounds fifteen shillings per centum per annum:

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 Local Government Loans Board Act, 1926, and by section one hundred and fourteen of the Local Bodies’ Loans Act, 1926, 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 three hundred and fifty pounds for a term not exceeding twenty years, at such rate or rates of interest as shall not produce to the lenders a rate exceeding the rate of five pounds fifteen shillings per centum per annum, subject to the condition that the said local authority shall, before borrowing the said sum or any part thereof, make provision for the repayment thereof by establishing a sinking fund under the Local Bodies’ Loans Act, 1926, 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 rate of three pounds per centum, such payments to be made in respect of every part of the said sum 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 no portion of interest or sinking fund shall be paid out of loan-moneys.

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

(T. 49/130/5.)

Partial Revocation of Order in Council prohibiting all Alienation of Native Land other than Alienation in favour of the Crown.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 2nd day of March, 1931.

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by section three hundred and sixty-three of the Native Land Act, 1909, it is enacted that any Order in Council made under that section may at any time be varied or revoked:

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, in pursuance and exercise of the power and authority hereinbefore mentioned, and acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby revoke the Order in Council referred to in Part I of the Schedule hereto, but only in so far as it affects the Native land mentioned in Part II of the said Schedule.

SCHEDULE.
PART I.

ORDER IN COUNCIL under section 363 of the Native Land Act, 1909, dated the 24th day of April, 1929, and published in the New Zealand Gazette of the 2nd day of May, 1929, as extended by Orders in Council dated the 26th day of March, 1930, and the 22nd day of September, 1930, and published in the New Zealand Gazette of the 3rd day of April, 1930, and