✨ Local Authority Loans and Regulations
Feb. 4.] THE NEW ZEALAND GAZETTE. 189
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 Buildings at Wellington, this 26th day of January, 1932.
Present:
THE RIGHT HON. G. W. FORBES, PRESIDING 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. | Term of Loan. | Rate of Interest per Centum. | Annual Rate per Centum of Payment into Sinking Fund. |
| 1 | Cambridge Fire Board .. | Plant and Equipment Loan, 1931 | £ 400 | Years. 10 | £ s. d. 5 0 0 | £ s. d. 8 0 0 |
| 2 | Otorohanga County Council | Upper Mangawhero No. 2 Special - rating Area Loan, 1931 | 200 | 20 | 5 5 0 | 3 0 0 |
| 3 | South Taranaki Electric-power Board | Special Loan, 1931 .. | 30,000 | 26 | 5 0 0 | 2 0 0 |
(T. 40/416/6.) F. D. THOMSON, Clerk of the Executive Council.
Order in Council prescribing the Term in respect of the Wellington City Council’s Loan of £50,000.
BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 26th day of January, 1932.
Present:
THE RIGHT HON. G. W. FORBES, PRESIDING 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 “Street-widening Loan, 1931,” the sum of fifty 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 fifty 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 fifty thousand 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. 49/168/40.)
Regulations for the Control of Hairdressers’ Shops applied to Borough of Winton.—(H.H. 112.)
BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 26th day of January, 1932.
Present:
THE RIGHT HON. G. W. FORBES, PRESIDING IN COUNCIL.
IN pursuance and exercise of the powers and authorities conferred upon him by section one hundred and thirty-two of the Health Act, 1920, and of all other powers enabling him in that behalf, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of that Dominion, doth hereby make the regulations hereinafter set out in amendment of the Hairdressers’ (Health) Regulations, 1931 (hereinafter referred to as “the principal regulations”), made on the twenty-second day of December, one thousand nine hundred and thirty, and published in the Gazette on the ninth day of January, one thousand nine hundred and thirty-one, at page 11.
REGULATIONS.
(1) THESE regulations may be cited as the Hairdressers’ (Health) Regulations Extension, 1932, and shall be read together with and form part of the principal regulations.
(2) The principal regulations shall be in force in the district set out in the Schedule hereto as from the 31st day of January, 1932.
SCHEDULE.
Borough of Winton.
F. D. THOMSON,
Clerk of the Executive Council.
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1932, No 8
NZLII —
NZ Gazette 1932, No 8
✨ LLM interpretation of page content
💰 Order in Council for Local Authority Loans
💰 Finance & Revenue26 January 1932
Loans, Local Authorities, Local Government Loans Board Act, Interest Rates
- BLEDISLOE, Governor-General
- THE RIGHT HON. G. W. FORBES, PRESIDING IN COUNCIL
- F. D. THOMSON, Clerk of the Executive Council
💰 Order in Council for Wellington City Council Loan
💰 Finance & Revenue26 January 1932
Loan, Wellington City Council, Local Bodies’ Loans Act
- BLEDISLOE, Governor-General
- THE RIGHT HON. G. W. FORBES, PRESIDING IN COUNCIL
- F. D. THOMSON, Clerk of the Executive Council
🏥 Regulations for Hairdressers’ Shops in Winton
🏥 Health & Social Welfare26 January 1932
Hairdressers, Health Regulations, Winton Borough
- BLEDISLOE, Governor-General
- THE RIGHT HON. G. W. FORBES, PRESIDING IN COUNCIL
- F. D. THOMSON, Clerk of the Executive Council