Nov. 1.] THE NEW ZEALAND GAZETTE. 3431

3. The said loan together with interest thereon shall be repaid by annual instalments of principal of not less than one hundred pounds (£100) during the first seventeen (17) years of the currency of the loan and the balance in the last half-year.

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

(T. 49/502/1.)

Order in Council varying the Determinations in respect of the Marton Borough Council’s Loan of £3,000.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 29th day of October, 1934.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by Order in Council made on the twenty-second day of December, one thousand nine hundred and thirty, and subject to the determinations as to borrowing and repayment therein set out, consent was given to the raising by the Marton Borough Council (hereinafter called “the said local authority”) of the sum of three thousand pounds (£3,000) by a loan to be known as “Waterworks Loan, 1930” (hereinafter called “the said loan”):

And whereas the said loan has not yet been raised, and it is expedient to vary the determinations aforesaid in respect thereof:

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 of all other powers and authorities enabling him in this behalf, doth hereby vary the determinations aforesaid in respect of the said loan by prescribing that the said local authority may, in lieu of making provision for the repayment thereof by the establishment of a sinking fund, raise the said loan or any part thereof upon terms of making the same, together with interest thereon, at a rate being such as shall not produce to the lenders a rate exceeding three pounds ten shillings (£3 10s.) per centum per annum, repayable by equal aggregate annual or half-yearly instalments extending over a period of fifteen (15) years.

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

(T. 49/505.)

Order in Council varying the Determinations in respect of the Ashburton Electric-power Board’s Loan of £3,550

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 29th day of October, 1934.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by Order in Council made on the eighth day of October, one thousand nine hundred and thirty-four, and subject to the determinations as to borrowing and repayment therein set out, consent was given to the raising by the Ashburton Electric-power Board (hereinafter called “the said local authority”) of the sum of three thousand five hundred and fifty pounds (£3,550) by a loan to be known as “Renewal Loan (No. 2), 1934” (hereinafter called “the said loan”):

And whereas the said loan has not yet been raised, and it is expedient to vary certain of the determinations aforesaid in respect thereof:

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 of all other powers and authorities enabling him in this behalf, doth hereby vary certain of the determinations aforesaid in respect of the said loan by prescribing as follows:—

(1) The said local authority shall during the currency of the said loan make to the sinking fund to be established for the repayment thereof an annual contribution of eighty pounds (in lieu of an annual payment of £2 5s. per centum), such contribution to be increased each year by an amount equal to four per cent. of the aggregate amount of all debentures redeemed in accordance with condition (2) hereunder.

(2) The said loan shall be repaid from the sinking fund created and augmented in accordance with condition (1) above, by instalments of principal on the dates and in the amounts specified in the Schedule hereunder:—

SCHEDULE OF REPAYMENTS.

Date. Amount.
£
11th December, 1939 .. .. .. 400
11th ,, 1944 .. .. .. 550
11th ,, 1949 .. .. .. 700
11th ,, 1954 .. .. .. 800
11th ,, 1960 .. .. .. 1,100
Total .. .. .. £3,550

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

(T. 49/378/3.)

Portions of Roads in the County of Takaka exempted from the Provisions of Section 128 of the Public Works Act, 1928, subject to a Condition as to the Building-line.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 29th day of October, 1934.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

IN pursuance and exercise of the powers conferred by the Public Works Act, 1928, and of all other powers in anywise enabling him in this 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 the said Dominion, doth hereby approve of the following resolution passed by the Takaka County Council on the seventh day of August, one thousand nine hundred and thirty-four, viz.:—

“The Takaka County Council, being the local authority having control of the roads of the Takaka County, by resolution declares that the provisions of section one hundred and twenty-eight of the Public Works Act, 1928, shall not apply to road on north-western side of part Section 1 of 22, Takaka District, Block X, Waitapu Survey District, marked A–B and C–D, and to road on south-eastern side of said section marked E–F and G–H, and coloured red on plan”;

subject to the condition that no building or part of a building shall at any time be erected on the land fronting the portions of roads (described in the Schedule hereto) within a distance of thirty-three feet from the centre-line of the said portions of roads.

SCHEDULE.

THE south-eastern side of all that portion of road, situated in the Nelson Land District, County of Takaka, fronting part Section 1 of 22, Takaka District, Block X, Waitapu Survey District; marked A–B on plan.

Also the south-eastern side of all that portion of road in the said land district and county, fronting part Section 1 of 22, Takaka District, Block X, Waitapu Survey District; marked C–D on plan.

Also the north-western side of all that portion of road in the said land district and county, fronting part Section 1 of 22, Takaka District, Block X, Waitapu Survey District; marked E–F on plan.

Also the north-western side of all that portion of road in the said land district and county, fronting part Section 1 of 22, Takaka District, Block X, Waitapu Survey District; marked G–H on plan.

As the said portions of roads are more particularly delineated on the plan marked P.W.D. 88194, deposited in the office of the Minister of Public Works at Wellington, and thereon coloured red.

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

(P.W. 51/1919.)