2140
THE NEW ZEALAND GAZETTE.
[No. 66

Order in Council varying the Rates of Interest in respect of specified Loans of the Auckland City Council.

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BLEDISLOE, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 17th day of October, 1932.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by Orders in Council made on the respective dates specified in the Fourth Column of the Schedule hereto, consent was given to the raising by the Auckland City Council of the loans specified in the Second Column of the said Schedule, up to the amounts stated in the Third Column of the said Schedule, for the terms mentioned and subject to the conditions relating to the establishment of sinking funds therein set out:

And whereas the sums stated in the Third Column of the said Schedule have not yet been borrowed, and it is expedient to vary, as regards the borrowing of the said sums, the respective conditions of the said Orders in Council relating to the rate of interest at which the said loans may be borrowed:

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 section 63 of the Finance Act, 1932, and of all other powers and authorities enabling him in this behalf, doth hereby vary the respective conditions contained in the said Orders in Council relating to the respective rates of interest at which the said loans may be borrowed by imposing, in lieu of references to the respective rates mentioned in the said Orders in Council, conditions that the said sums specified in the Third Column of the said Schedule or any parts thereof may be raised at rates of interest being such as shall not produce to the lenders rates exceeding the respective rates specified in the Fifth Column of the said Schedule.

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SCHEDULE.

(T. 49/121.)
F. D. THOMSON, Clerk of the Executive Council.

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Order in Council consenting to the Raising by the Auckland Transport Board on the Instalment-repayment System of £130,000, being Portion of the Transport Development Loan, 1929, of £526,600.

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BLEDISLOE, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 17th day of October, 1932.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Auckland Transport Board (hereinafter called “the said local authority”) has been authorized to borrow, in respect of a loan to be known as “Transport Development Loan, 1929,” the sum of five hundred and twenty-six thousand six hundred pounds, and the sum of one hundred and thirty thousand pounds has not yet been borrowed:

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 section 11 of the Local Government Loans Board Act, 1926, and by section 32 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 one hundred and thirty thousand pounds, for a period not exceeding twenty years, upon terms of making the said sum, together with interest thereon, repayable by aggregate half-yearly instalments of principal and interest of four thousand two hundred and twenty-five pounds during the first ten years of the said period, and thereafter by aggregate half-yearly instalments of principal and interest of seven thousand four hundred and nineteen pounds and eleven pence.

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

(T. 49/457/2.)

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Prohibiting Alienation by Natives.

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BLEDISLOE, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 17th day of October, 1932.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by section one hundred and sixty-seven of the Native Land Act, 1931, it is provided that, for the purpose of enabling any scheme of consolidation of the interests of owners of Native land into suitable areas to be prepared and carried into effect, the Governor-General may, by Order in Council, prohibit any alienation of Native land or of land owned by Natives in respect of which application has been made by the Native Minister to the Court for the preparation of such a scheme:

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 prohibit all alienation of the land specified in the Schedule hereto, except as in the said section provided or in favour of the Crown.

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SCHEDULE.

WAIKATO CONSOLIDATION SCHEME.

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