Jan. 31.] THE NEW ZEALAND GAZETTE. 125

of the sum of one hundred and ten thousand pounds (£110,000), by a loan to be known as “Waterworks and Sewerage Loan, 1920” (hereinafter called “the said loan”):

And whereas by Order in Council made on the seventh day of September, one thousand nine hundred and thirty-two, consent was given to the raising on certain conditions of the sum of forty-five thousand pounds (£45,000), being the sewerage portion of the said loan, and the sum of sixteen thousand five hundred pounds (£16,500) (hereinafter called “the said sum”), being portion thereof, has not yet been raised:

And whereas by section nine of the Local Authorities Interest Reduction and Loans Conversion Amendment Act, 1934, the consent given by the said Orders in Council was revoked, in so far as the authority conferred thereby had not been exercised, and it is not now lawful or competent for the said local authority to borrow any moneys to which such consent relates, except in accordance with the provisions of an Order in Council under section eleven of the Local Government Loans Board Act, 1926:

And whereas it is expedient to authorize the said local authority to borrow on the conditions hereinafter mentioned the said sum of sixteen thousand five hundred pounds (£16,500), being the whole of the moneys to which the said consent relates:

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, and by section 9 of the Local Authorities Interest Reduction and Loans Conversion Amendment Act, 1934, and of all other powers and authorities enabling him in this behalf, doth hereby consent to the borrowing by the said local authority of the said sum of sixteen thousand five hundred pounds (£16,500) for the purpose for which the aforesaid sewerage portion (£45,000) of the said loan was authorized, and in giving such consent doth hereby determine as follows:—

(1) The term for which the said sum or any part thereof may be borrowed shall not exceed twenty-three years.

(2) The rate of interest that may be paid in respect of the said sum or any part thereof shall be such as shall not produce to the lender or lenders a rate exceeding three pounds ten shillings (£3 10s.) per centum per annum.

(3) The said sum together with interest thereon shall be repaid by instalments of principal in the amounts and on the dates set out in the Schedule hereunder:—

SCHEDULE OF REDEMPTIONS.

Date. Amount. Date. Amount.
£ £
31st January, 1950 1,300 31st January, 1956 400
,, 1951 2,300 ,, 1957 100
,, 1952 2,400 ,, 1958 3,400
,, 1953 1,100
,, 1954 2,700 Total .. £16,500
,, 1955 2,800

(4) The payment of such instalments and interest thereon shall be made in New Zealand, and no such instalment or interest shall be paid out of loan-moneys.

(5) The rate payable for brokerage, underwriting, and procurement fees in respect of the raising of the said sum shall not in the aggregate exceed one-half per centum thereof.

(6) No moneys shall be borrowed under this consent after the expiration of two years from the date hereof.

C. A. JEFFERY,
Clerk of the Executive Council.

(T. 49/221/5.)

Order in Council varying the Determinations in respect of the Tauranga County Council’s Bridges Loan, 1934, of £7,000.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 23rd day of January, 1935.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by Order in Council made on the twenty-ninth 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 Tauranga County Council (hereinafter called “the said local authority”) of the sum of seven thousand pounds (£7,000) by a loan to be known as “Bridges Loan, 1934” (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 thirty (30) years.

C. A. JEFFERY,
Clerk of the Executive Council.

(T. 49/228/17.)

Revoking Order in Council of the 23rd January, 1917, licensing Francis Dye, of Kaukapakapa, to occupy a Portion of the Land between High- and Low-water Marks at Kaukapakapa, Kaipara Harbour, and to Reclaim such Land.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 23rd day of January, 1935.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by Order in Council dated the twenty-third day of January, one thousand nine hundred and seventeen, and published in the Gazette of the first day of the following month, at page 391, Francis Dye, of Kaukapakapa (hereinafter called “the licensee”), was licensed to occupy a portion of the land between high- and low-water marks at Kaukapakapa, Kaipara Harbour, and to reclaim such land:

And whereas the licensee has died, and it is desirable to revoke the hereinbefore-recited license:

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 twenty-third day of January, one thousand nine hundred and seventeen, as from the first day of April, one thousand nine hundred and thirty-four.

C. A. JEFFERY,
Clerk of the Executive Council.

Variation of Order in Council prohibiting Alienation of certain Native Lands or Lands owned by Natives.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 23rd day of January, 1935.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

PURSUANT to section one hundred and sixty-seven of the Native Land Act, 1931, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, doth hereby vary an Order in Council made on the fourth day of April, one thousand nine hundred and thirty-two, and published in the Gazette on the seventh day of April, one thousand nine hundred and thirty-two, at page 735, and affecting Hauturu East B 2, Section 2A 1A, and other blocks by excluding therefrom the lands described in the Schedule hereto.

SCHEDULE.

ORAHIRI SURVEY DISTRICT.

Block. Area.
A. R. P.
Hauturu East 1E 5C 2A 2A Nos. 1 and 4 .. 72 3 13
,, 1E 5C 2C 2E .. 285 2 26
Pukeroa-Hangatiki 4D 2D 9 .. 48 3 26

C. A. JEFFERY,
Clerk of the Executive Council.