✨ Local Authority Loans and Recreation Reserves
3456
THE NEW ZEALAND GAZETTE.
[No. 92
Order in Council consenting to the Raising of Loans by certain Local Authorities and prescribing Terms and Rates of Interest
BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 4th day of December, 1931.
Present:
His EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
WHEREAS the several local authorities mentioned in the Schedule hereto are desirous of raising the respective amounts set out opposite their names therein:
And whereas the said local authorities have 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 loans on the terms and conditions hereinafter set forth:
And whereas, in respect of such of the said loans as are intended to be borrowed at a rate of interest not otherwise authorized, the Minister of Finance has in each case 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 authorities of the respective loans aforesaid, for the terms set out in the Fifth Column of the said Schedule, at respective 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:
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 respective local authorities whose names are set out in the Second Column of the said Schedule of the 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.
| First Column. | Second Column. | Third Column. | Fourth Column. | Fifth Column. | Sixth Column. | Seventh Column. |
|---|---|---|---|---|---|---|
| Consecutive Number. | Name of Local Authority. | Name of Loan. | Amount of Loan. | Years. | Rate of Interest per Centum. | Annual Rate per Centum of Payment into Sinking Fund. |
| 1 | Franklin Electric-power Board | Special Loan, 1929 | £3,500 | 26 | 5 0 0 | £2 0 0 |
| 2 | Taradale Town Board | Earthquake Rehabilitation Loan, 1931, No. 2 | £1,900 | 30 | 5 5 0 | £1 10 0 |
| 3 | Nightcaps Town Board | Coronation Hall Heating and Picture Installation Loan, 1931 | £800 | 10 | 5 0 0 | £8 0 0 |
| 4 | Waimatuku River Board | Otahuti Subdivision Loan, 1931 | £2,000 | 20 | 5 5 0 | £3 0 0 |
(T. 40/416/6.)
F. D. THOMSON, Clerk of the Executive Council.
Recreation Reserve in North Auckland Land District brought under Part II of the Public Reserves, Domains, and National Parks Act, 1928.
BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 4th day of December, 1931.
Present:
His EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
BY virtue of the powers and authorities vested in me by the thirty-fourth section of the Public Reserves, Domains, and National Parks Act, 1928, I, Charles, Baron Bledisloe, Governor-General of the Dominion of New Zealand, by and with the advice and consent of the Executive Council of the said Dominion, do hereby order and declare that the reserve for recreation in the North Auckland Land District described in the Schedule hereto shall be and the same is hereby brought under the operation of, and declared to be subject to, the provisions of Part II of the said Act; and such reserve shall hereafter be known as the Waipu Cove Domain, and be managed, administered, and dealt with as a public domain.
SCHEDULE.
NORTH AUCKLAND LAND DISTRICT.—WAIPU COVE DOMAIN.
ALLOTMENT 503, Waipu Parish : Area, 54 acres 0 roods 26 perches.
(L. and S. 1/639.)
F. D. THOMSON,
Clerk of the Executive Council.
Recreation Reserve in Taranaki Land District brought under Part II of the Public Reserves, Domains, and National Parks Act, 1928.
BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 4th day of December, 1931.
Present:
His EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
BY virtue of the powers and authorities vested in me by the thirty-fourth section of the Public Reserves, Domains, and National Parks Act, 1928, I, Charles, Baron Bledisloe, Governor-General of the Dominion of New Zealand, by and with the advice and consent of the Executive Council of the said Dominion, do hereby order and declare that the reserve for recreation in the Taranaki Land District described in the Schedule hereto shall be, and the same is hereby brought under the operation of, and declared to be subject to the provisions of Part II of the said Act; and such reserve shall hereafter be known as the Tui Domain, and be managed, administered, and dealt with as a public domain.
SCHEDULE.
TARANAKI LAND DISTRICT.—TUI DOMAIN.
SECTION 13, Block X, Mahoe Survey District : Area, 6 acres 3 roods.
F. D. THOMSON,
Clerk of the Executive Council.
(L. and S. 1/946.)
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1931, No 92
NZLII —
NZ Gazette 1931, No 92
✨ LLM interpretation of page content
💰 Order in Council consenting to the Raising of Loans by certain Local Authorities
💰 Finance & Revenue4 December 1931
Loans, Local Authorities, Local Government Loans Board Act, 1926
- F. D. Thomson, Clerk of the Executive Council
🗺️ Declaration of Waipu Cove Domain under Public Reserves, Domains, and National Parks Act, 1928
🗺️ Lands, Settlement & Survey4 December 1931
Recreation Reserves, Waipu Cove Domain, North Auckland
- F. D. Thomson, Clerk of the Executive Council
🗺️ Declaration of Tui Domain under Public Reserves, Domains, and National Parks Act, 1928
🗺️ Lands, Settlement & Survey4 December 1931
Recreation Reserves, Tui Domain, Taranaki
- F. D. Thomson, Clerk of the Executive Council