Order in Council authorizing the Borrowing by the Wellington
City Council by way of Hypothecation of Debentures issued in
respect of a Loan of £98,300.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 19th day of
June, 1933.
Present:
THE RIGHT HON. J. G. COATES PRESIDING IN COUNCIL.
WHEREAS the Wellington City Council (hereinafter
called "the said local authority") has been authorized
to borrow, in respect of the Wellington City (Onslow
District) Water and Drainage Loan 1923 Renewal Loan, 1933,
the sum of ninety-eight thousand three hundred pounds
(£98,300) and the said sum has not yet been borrowed:
And whereas the said local authority, pending the raising of
the said special loan, is desirous of borrowing the said sum of
ninety-eight thousand three hundred pounds (£98,300)
pursuant to section thirty-four of the Local Bodies' Loans Act,
1926, by the hypothecation or mortgage of the debentures
authorized to be issued in respect of the said loan :
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 seven of the Local Authorities Interest
Reduction and Loans Conversion Act, 1932–33, and of all other
powers and authorities enabling him in this behalf, doth hereby
consent to the borrowing in London, England, by the said
local authority of the said sum of ninety-eight thousand three
hundred pounds (£98,300) by the hypothecation or mortgage
of the said debentures, the rate of interest payable in London
by the said local authority to be one per cent. over the Bank
of England rate from time to time current in London, but not
to be less than five per cent. per annum or more than six per
cent. per annum, and the said local authority is hereby
authorized to borrow the said sum accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
(T. 49/168/63.)

Order in Council authorizing the Borrowing by the Wellington
City Council by way of Hypothecation of Debentures issued
in respect of a Loan of £91,100.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 19th day of
June, 1933.
Present:
THE RIGHT HON. J. G. COATES PRESIDING IN COUNCIL.
WHEREAS the Wellington City Council (hereinafter
called "the said local authority") has been authorized
to borrow, in respect of the Wellington City (Karori District)
Water and Drainage Loan 1923 Renewal Loan, 1933, the sum
of ninety-one thousand one hundred pounds (£91,100) and the
said sum has not yet been borrowed:
And whereas the said local authority, pending the raising of
the said special loan, is desirous of borrowing the said sum
of ninety-one thousand one hundred pounds (£91,100) pursuant
to section thirty-four of the Local Bodies' Loans Act, 1926, by
the hypothecation or mortgage of the debentures authorized
to be issued in respect of the said loan :
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 seven of the Local Authorities
Interest Reduction and Loans Conversion Act, 1932–33, and
of all other powers and authorities enabling him in this behalf,
doth hereby consent to the borrowing in London, England, by
the said local authority of the said sum of ninety-one thousand
one hundred pounds (£91,100) by the hypothecation or
mortgage of the said debentures, the rate of interest payable in
London by the said local authority to be one per cent. over the
Bank of England rate from time to time current in London,
but not to be less than five per cent. per annum or more than
six per cent. per annum, and the said local authority is hereby
authorized to borrow the said sum accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
(T. 49/168/63.)

Order in Council authorizing the Borrowing in London by the
Auckland Electric-power Board by way of Hypothecation of
Debentures issued in respect of the Redemption Loan, 1933,
£224,500.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 19th day
of June, 1933.
Present:
THE RIGHT HON. J. G. COATES PRESIDING IN COUNCIL.
WHEREAS the Auckland Electric-power Board (hereinafter
called "the said local authority") has been authorized
to borrow in London, in respect of the Redemption
Loan, 1933, the sum of two hundred and twenty-four thousand
five hundred pounds (£224,500) and the said sum has not yet
been borrowed:
And whereas the said local authority, pending the raising of
the said loan, is desirous of borrowing the said sum of two
hundred and twenty-four thousand five hundred pounds
(£224,500) pursuant to section thirty-four of the Local Bodies'
Loans Act, 1926, by the hypothecation or mortgage of the
debentures authorized to be issued in respect of the said loan:
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 seven of the Local Authorities
Interest Reduction and Loans Conversion Act, 1932–33, and
of all other powers and authorities enabling him in this behalf,
doth hereby consent to the borrowing in London, by the said
local authority, of the said sum of two hundred and twenty-
four thousand five hundred pounds (£224,500) or any part
thereof, by the hypothecation or mortgage of the said deben-
tures, at a rate of interest not exceeding six pounds (£6) per
centum per annum, and the said local authority is hereby
authorized to borrow the said sum in London accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
(T. 49/410/2.)

Order in Council consenting to the Raising by the Auckland
Harbour Board of a Loan of £181,000 on the Instalment-
repayment System, and prescribing the Term and Rate of
Interest in respect thereof.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 19th day of
June, 1933.
Present:
THE RIGHT HON. J. G. COATES PRESIDING IN COUNCIL.
WHEREAS the Auckland Harbour Board (hereinafter
called "the said local authority") has been authorized
to borrow, in respect of a loan to be known as Redemption
Loan, 1933, the sum of one hundred and eighty-one thousand
pounds (£181,000), and the said sum 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 eleven of the Local Government
Loans Board Act, 1926 (as set out in section twenty-nine of
the Finance Act, 1932 (No. 2)), and by section thirty-two 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 eighty-one thousand pounds
(£181,000) at such rate or rates of interest as shall not produce
to the lenders a rate exceeding the rate of four pounds five
shillings (£4 5s.) per centum per annum, upon terms of making
the said loan, together with interest thereon, repayable over a
period not exceeding twenty (20) years by equal aggregate
half-yearly instalments calculated at a rate of not more than
three pounds fourteen shillings and ninepence (£3 14s. 9d.) per
centum on the amount of the said loan so raised, and subject
to the further condition that the local authority shall not
enter into any contract for payment at any place outside New
Zealand of any instalment due in respect of the said loan.
F. D. THOMSON,
Clerk of the Executive Council.
(T. 49/260/10.)