1536
THE NEW ZEALAND GAZETTE.
[No. 42

Order in Council varying the Rate of Interest in respect of the Wellington City Council’s Loan of £100,000.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 2nd day of June, 1933.

Present:
THE RIGHT HON. J. G. COATES PRESIDING IN COUNCIL.

WHEREAS by Order in Council made on the nineteenth day of December, one thousand nine hundred and thirty-two, and subject to the determinations therein set out, consent was given to the raising in London by the Wellington City Council (hereinafter called “the said local authority”) of the sum of one hundred thousand pounds (£100,000) by a loan to be known as Wellington City (Part Melrose District) Drainage Loan 1908 Renewal Loan, 1933 (hereinafter called “the said loan”):

And whereas one of the determinations aforesaid was that the rate of interest at which the said loan may be raised should not exceed five pounds five shillings (£5 5s.) per centum per annum:

And whereas by reason of section six of the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33 (hereinafter called “the said section six”), it was not lawful for the said local authority to borrow on or after the first day of April, one thousand nine hundred and thirty-three, the said loan at a rate of interest in excess of four pounds five shillings (£4 5s.) per centum per annum:

And whereas the said local authority, in the belief that the said section six was not intended to apply to loans to be raised in London after the first day of April, one thousand nine hundred and thirty-three, issued debentures bearing interest at the rate of four pounds ten shillings (£4 10s.) per centum per annum:

And whereas it is expedient that all proceedings in respect of the issue of the said debentures should be validated, and the raising of the said loan in London at a rate of interest not exceeding four pounds ten shillings (£4 10s.) per centum per annum authorized:

And whereas by section eleven of the Local Government Loans Board Act, 1926, as set out in section twenty-nine of the Finance Act, 1932 (No. 2), (hereinafter called “the said section eleven”), the Governor-General in Council may vary or modify, in such manner and to such extent as he thinks fit, any such determination aforesaid:

Now, therefore, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, and in pursuance and exercise of the powers and authorities conferred on him by the said section eleven (and of all other powers and authorities enabling him in this behalf), doth hereby vary the determination in respect of the rate of interest of the said loan by prescribing that the rate of interest on the said loan raised in London be not exceeding four pounds ten shillings per centum per annum, and being satisfied that the ratepayers have not been misled doth hereby, in exercise of the power conferred on him by section one hundred and twenty-two of the Local Bodies’ Loans Act, 1926, validate all proceedings heretofore taken in connection with the issue of the debentures herebefore referred to.

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

(T. 49/168/57.)

Order in Council authorizing the Raising by the New Plymouth Borough Council of the Sum of £67,600 on the Instalment System.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 2nd day of June, 1933.

Present:
THE RIGHT HON. J. G. COATES PRESIDING IN COUNCIL.

WHEREAS the New Plymouth Borough Council (hereinafter called “the said local authority”) has been authorized to raise the sum of £553,000 for the purpose of redeeming the outstanding balances of twenty special loans totalling £844,600 all matured on the first day of April, one thousand nine hundred and thirty-three, and the said local authority is desirous of raising the sum of sixty-seven thousand six hundred pounds (£67,600), part of the said sum of £553,000, for and towards the purposes aforesaid, on terms of making the same repayable by instalments as hereinafter appears:

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 thirty-two of the Local Bodies’ Loans Act, 1926, and of all other powers and authorities him thereunto enabling, doth hereby consent to the raising by the said local authority of the said sum of sixty thousand six hundred pounds (£67,600) at a rate of interest which shall not produce to the lenders a greater rate than four pounds ten shillings (£4 10s.) per centum per annum, such principal being repayable and such interest being payable by instalments extending over a period not exceeding twenty-six (26) years, and payable at such times as may be fixed by the said local authority, and doth hereby consent to the permanent appropriation and pledging for the purpose of securing the said instalments of an annual sum of four thousand nine hundred pounds (£4,900) out of the special rate of eightpence (8d.) in the pound sterling on the unimproved value of all rateable property in the Borough of New Plymouth, such special rate to be made and levied on the unimproved value of all rateable property in the Borough of New Plymouth for the purpose of securing the said sum of £67,600 and interest.

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

(T. 49/106/9.)

Revoking Order in Council of the 12th January, 1925, licensing Daniel O’Shea to use and occupy a Part of the Foreshore at Mapuna, Dargaville, on the Northern Wairoa River, as a Site for a Wharf.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 2nd day of June, 1933.

Present:
THE RIGHT HON. J. G. COATES PRESIDING IN COUNCIL.

WHEREAS by Order in Council dated the twelfth day of January, one thousand nine hundred and twenty-five, and published in the Gazette of the fifteenth day of the same month, at page 36, Daniel O’Shea, of Mapuna (hereinafter called “the licensee”), was licensed to use and occupy a part of the foreshore at Mapuna, on the Northern Wairoa River, Kaipara Harbour, as a site for a wharf, for a term of fourteen years:

And whereas the licensee has applied to have the hereinbefore-recited license revoked, and it is desirable to revoke the same:

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 Harbours Act, 1923, and of all other powers and authorities enabling him in that behalf, and acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby revoke the hereinbefore-recited Order in Council of the twelfth day of January, one thousand nine hundred and twenty-five, as from the first day of April, one thousand nine hundred and thirty-one.

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

Setting aside Native Land as a Native Reservation.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 2nd day of June, 1933.

Present:
THE RIGHT HON. J. G. COATES PRESIDING IN COUNCIL.

WHEREAS by section two hundred and ninety-eight of the Native Land Act, 1931, it is enacted, inter alia, that when any Native freehold land is owned at law or in equity by more than ten owners in common, the Governor-General may, by Order in Council, set apart and reserve any part of that land for the common use of the owners thereof as in the said Act provided:

And whereas the Native Land Court has recommended that the land described in the Schedule hereto be set apart as a Native reservation:

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 all other powers thereunto him enabling, and acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby set apart and reserve the Native freehold land described in the Schedule hereto for the common use of the owners thereof as a meeting place.