Local Authority Loans and Exhibition Regulations




2654
THE NEW ZEALAND GAZETTE.
[No. 74

Order in Council consenting to the Raising of Loans by certain Local Authorities, and prescribing the Conditions thereof.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 30th day of October, 1933.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the several local authorities enumerated in the Schedule hereto, being desirous of raising the respective loans stated opposite their names therein, have respectively 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, as required by the said Act, should be given to the raising of the said loans:

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 said Act (as set out in section twenty-nine of the Finance Act, 1932 (No. 2)), and of all other powers and authorities enabling him in this behalf, doth hereby consent to the raising by the respective local authorities mentioned in the Second Column of the said Schedule of the respective loans set out in the Third Column of the said Schedule, up to the respective amounts specified in the Fourth Column of the said Schedule, and in giving such consent doth hereby determine as follows:—

  1. The terms for which the said loans or any parts thereof may be raised shall not exceed the respective terms stated in the Fifth Column of the said Schedule.

  2. The rates of interest that may be paid in respect of the said loans or any parts thereof shall be such as shall not produce to the lender or lenders a rate or rates exceeding the respective rates per centum per annum stated in the Sixth Column of the said Schedule.

  3. The said local authorities shall, before raising the said respective loans or any parts thereof, make provision for the repayment thereof by establishing sinking funds 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 payments to such sinking funds at intervals of not more than one year, at a rate or rates per centum which shall be not less than the respective rates stated in the Seventh Column of the said Schedule, such payments to be made in respect of every part of the said respective loans for the time being so raised and not repaid, the first such payment in each respective case to be made not later than one year after the first day from which interest to the lender or lenders is computed on any loan or part thereof so raised.

  4. The rate payable for brokerage, underwriting, and procurement fees in respect of the raising of the said respective loans or any parts thereof shall not in the aggregate exceed one-half per centum of any amount raised.

  5. The payment of interest and repayment of principal in respect of the said loans shall be made in New Zealand.

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 Wellington City Council .. Northland and Wadestown Water-supply Renewal Loan, 1934 £ 22,550 Years. 25 £ s. d. 4 0 0 £ s. d. 2 7 6
2 ,, .. Hutt Road Construction Renewal Loan, 1934 35,700 12 4 0 0 6 13 0
3 Wellington Hospital Board Redemption Loan, 1933 .. 25,000 10 4 0 0 8 6 8

(T. 40/416/6.)
F. D. THOMSON, Clerk of the Executive Council.

Suspending the Operation of certain Statutes in connection with the Canterbury Metropolitan Show.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 30th day of October, 1933.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

IN pursuance and exercise of the powers conferred upon him by the Exhibitions Act, 1910 (hereinafter called “the said Act”), 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, doth hereby authorize the holding of a public exhibition of works of industry and art to be conducted by the Canterbury Agricultural and Pastoral Association (Incorporated) in the Showgrounds, Addington, from the ninth day of November, one thousand nine hundred and thirty-three, to the tenth day of November, one thousand nine hundred and thirty-three (both days inclusive), and to be known as the Canterbury Metropolitan Show; and doth hereby declare the said exhibition to be an exhibition within the meaning of the said Act, and doth hereby suspend, subject, however, to the conditions set out in the Schedule hereto, all the provisions of the Shops and Offices Act, 1921–22, the Factories Act, 1921–22, and the Industrial Conciliation and Arbitration Act, 1925, and of all awards and industrial agreements in force under the last-named Act in so far as such provisions relate to the hours of commencing or ceasing work, or to the issue of permits for overtime or extended hours, or to holidays or half-holidays, or to the closing of shops to any person, and in so far as such provisions relate to hours of work done or business conducted or service carried out in or upon the premises aforesaid during the period aforesaid by or on behalf of the bodies conducting the said exhibition, or by or on behalf of any exhibitor of works of industry or art at the said exhibition, or by any person employed in or about the said exhibition,

SCHEDULE.

  1. EIGHT hours shall constitute a day’s work in or about the exhibition and, with the exception set out in clause 2 hereof, such hours shall be worked consecutively.

  2. No person shall be employed in or about the exhibition for more than four hours without an interval of at least three-quarters of an hour for a meal.

  3. Any person employed during any day in or about the exhibition who is employed on such day in excess of eight hours or before the hour of 8 a.m. or after the hour of 10.30 p.m. (whether such excess employment is in or about the exhibition or otherwise) shall be paid for such excess employment at not less than one-half as much again as the ordinary rate for the first two hours and at not less than twice the ordinary rate thereafter, and any person employed in or about the exhibition on any day that would, but for the provisions of this Order in Council, have been a whole holiday for such person by virtue of any Act or of any award or industrial agreement shall be paid for all work done on such day at not less than twice the ordinary rate, whether such work is performed wholly in or about the exhibition or otherwise.

  4. No female shall be employed in or about the exhibition after the hour of 10.30 o’clock p.m.

  5. For the purposes of the enforcement of an award or industrial agreement any provision of which has been suspended by this Order in Council, any officer of the industrial union or association concerned, who is authorized in writing in that behalf by such union or association, shall be entitled to interview at his place of employment any person employed in or about the exhibition under that award or industrial agreement at such time or times as may be agreed upon by and between such officer and the employer of such person, and for this purpose any such officer shall be entitled at any reasonable time to have access to the register of passes issued by the Canterbury Agricultural and Pastoral Association.

  6. Nothing in this Order in Council shall be deemed to affect any provisions in an award or industrial agreement relating to preference of employment.

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



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✨ LLM interpretation of page content

💰 Order in Council for Local Authority Loans

💰 Finance & Revenue
30 October 1933
Loans, Local Authorities, Local Government Loans Board Act, Sinking Funds
  • F. D. Thomson, Clerk of the Executive Council

🏭 Order in Council for Canterbury Metropolitan Show

🏭 Trade, Customs & Industry
30 October 1933
Exhibition, Canterbury Agricultural and Pastoral Association, Shops and Offices Act, Factories Act, Industrial Conciliation and Arbitration Act
  • F. D. Thomson, Clerk of the Executive Council