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and in pursuance and exercise of the powers and authorities conferred on him by the Local Government Loans Board 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 five hundred pounds, 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, upon terms of making the said sum, together with interest thereon, repayable by instalments extending over a period of ten years.

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

(T. 49/240.)

Order in Council consenting to the Raising of a Loan of £7,650 by the Napier Fire Board.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 19th day of October, 1931.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Napier Fire Board (hereinafter called “the said local authority”) is desirous of raising the sum of seven thousand six hundred and fifty pounds pursuant to the provisions of section fifty-one of the Hawke’s Bay Earthquake Act, 1931, by a loan to be known as “Earthquake Damage Repairs Loan, 1931 (No. 1),” for the purpose of re-establishing the Board’s fire-station and fire-alarm system:

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 seven thousand six hundred and fifty pounds, subject to the following conditions upon which the said loan may be raised:-

(1) The term of the loan shall not exceed twenty-five years.
(2) The loan shall be free of interest for a period of five years from the date of the advance of the loan-moneys.
(3) The rate of interest thereafter payable shall be at such rate or rates as shall not produce to the lender a rate exceeding the rate of four pounds per centum per annum.
(4) The loan shall not be borrowed otherwise than on terms that the loan and the interest thereon shall be repaid by half-yearly instalments over a term of years (not exceeding twenty), calculated from the date on which interest first commences to accrue on any portion of the loan-moneys.

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

(T. 49/524.)

Order in Council prescribing the Term in respect of the Wellington City Council’s Loan of £19,700.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 19th day of October, 1931.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Wellington City Council (hereinafter called “the said local authority”) has been authorized to borrow in respect of a loan to be known as “Wellington City (Karori District) Works, Tramways, and Recreation Reserve Loan 1906 Renewal Loan, 1931,” the sum of nineteen thousand seven hundred pounds, and the said sum 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 nineteen thousand seven hundred pounds for the term 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 by section eleven of the Local Government Loans Board Act, 1926, and of all other powers and authorities enabling him in this behalf, doth hereby prescribe that the said sum of nineteen thousand seven hundred pounds, or any part thereof, may be raised in respect of the said loan by the said local authority for a term of five years, and the said local authority is hereby authorized to borrow the said sum accordingly.

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

(T. 49/168/43.)

Order in Council prescribing the Term in respect of the Dunedin Drainage and Sewerage Board’s Loan of £100,000.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 19th day of October, 1931.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Dunedin Drainage and Sewerage Board (hereinafter called “the said local authority”) has been authorized to borrow in respect of a loan to be known as “Drainage Extension Loan, 1930,” the sum of one hundred thousand pounds, and the said sum 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 hundred thousand pounds for the term 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 by section eleven of the Local Government Loans Board Act, 1926, and of all other powers and authorities enabling him in this behalf, doth hereby prescribe that the said sum of one hundred thousand pounds or any part thereof may be raised in respect of the said loan by the said local authority for a term of ten years, and the said local authority is hereby authorized to borrow the said sum accordingly.

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

(T. 49/362/2.)

President of Prisons Board appointed.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 19th day of October, 1931.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by section nine of the Crimes Amendment Act, 1910, it is enacted that there shall be constituted a Board to be called “The Prisons Board,” consisting of not less than three nor more than seven persons: And whereas by the said section it is provided that the members of the Board shall be appointed from time to time by the Governor-General in Council:

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, in pursuance and exercise of the power and authority conferred upon him by the Crimes Amendment Act, 1910, and of every other power and authority enabling him in that behalf, and acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby appoint

Honourable John Ranken Reed, C.B.E.,

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