JULY 23.] THE NEW ZEALAND GAZETTE. 1385

CONDITIONS.

1. PURPOSE OF LINES.

The said lines may be used for lighting, power, and heating purposes.

2. LICENSE TO BE SUBJECT TO REGULATIONS.

The license hereby conferred is subject to compliance by the licensee with the Electrical Supply Regulations, 1935, and the Electrical Wiring Regulations, 1935, and with all regulations made or to be made in amplification or amendment thereof or in substitution therefor.

The conditions directed to be implied in all licenses by the Electrical Supply Regulations, 1935, shall be incorporated herein and shall form part of this license except in so far as the same may be inconsistent with the provisions hereof.

3. SYSTEM OF SUPPLY.

The system of supply shall be the system described in paragraph (d) of clause 21-01 of the Electrical Supply Regulations, 1935.

4. GENERATING VOLTAGE.

Electrical energy shall be generated and transmitted at a pressure of 230 volts alternating current between terminals.

5. DURATION OF LICENSE.

Unless sooner lawfully determined, this license shall continue in force until the 31st day of March, 1957, or until electrical energy is available from an Electric-power Board or other general public source, whichever is the earlier.

6. CHARGES ON SALE.

The maximum charge in respect of electrical energy supplied to any consumer entitled to supply under this license shall not exceed £9 9s. per annum.

SCHEDULE.

LINES adapted for supply as prescribed in these presents for the transmission of electricity leading from the licensee’s generating station situated on Section 8 to an adjoining shop on Section 9 occupied by A. Gilchrist, Grocer, and to adjoining premises on Section 4, occupied by J. Brown, Storekeeper, and by R. G. Spence, Dentist, all being situated in Block II, Township of Ranfurly, in the Land District of Otago, as shown by means of red lines on plan P.W.D. 92448, deposited in the Office of the Minister of Public Works at Wellington.

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

(P.W. 26/1821.)

Order in Council consenting to the Advancing by the Waikohu County Council of the Sum of £600 out of its General Fund and prescribing the Conditions thereof.

GALWAY, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 22nd day of July, 1936.

Present:

His Excellency the Governor-General in Council.

WHEREAS the Waikohu County Council (hereinafter called “the said local authority”) proposes to undertake certain capital works—namely, the renewing of the Rangatira Suspension Bridge, for the benefit of a defined part of its district known as the Rangatira No. 3 Special-rating Area :

And whereas the said local authority being desirous, in lieu of raising the moneys by special loan for such works, of advancing the sum required therefor—namely, six hundred pounds (£600) (hereinafter called “the said sum”)—out of its General Fund pursuant to the provisions of section forty-five of the Finance Act, 1933 (No. 2), has 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 advancing of the said sum :

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 advancing by the said local authority out of its General Fund pursuant to the provisions of section forty-five of the Finance Act, 1933 (No. 2), for the particular benefit of the ratepayers of the said Rangatira No. 3 Special-rating Area of the said sum or any part thereof; and in giving such consent doth hereby determine that the moneys so advanced together with interest thereon at a rate not exceeding three pounds ten shillings (£3 10s.) per centum per annum as the said local authority shall from time to time determine, shall be recouped to the General Fund by equal annual instalments extending over a period not exceeding twenty (20) years.

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

(T. 49/269/8.)

Order in Council consenting to the Raising of a Loan of £3,800 by the Taranaki Electric-power Board and prescribing the Conditions thereof.

GALWAY, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 14th day of July, 1936.

Present:

THE HON. W. NASH PRESIDING IN COUNCIL.

WHEREAS the Taranaki Electric-power Board (hereinafter called “the said local authority”) is desirous of raising the sum of three thousand eight hundred pounds (£3,800) by a loan to be known as “Clifton County Special Area Loan, 1936” (hereinafter called “the said loan”), for the purpose of constructing, erecting, and carrying out “electric works” as defined by the Electric-power Boards Act, 1925, and the doing of all other acts and things authorized in that connection and found lawfully necessary and expedient for and in connection with the distribution and sale of electric energy and power within the Clifton County Special-rating Area No. 2 of the Taranaki Electric-power District, and in respect of which guarantees as described in clauses 21–43 of the Electrical Supply Regulations, 1935, to the extent of sixteen per centum of the capital cost thereof for five consecutive years shall first be given in favour of the Taranaki Electric-power Board:

And whereas the said local authority has 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 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 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 in New Zealand by the said local authority of the said loan for the said purpose up to the amount of three thousand eight hundred pounds (£3,800), and in giving such consent doth hereby determine as follows:—

(1) The term for which the said loan or any part thereof may be raised shall not exceed twenty (20) years.

(2) The rate of interest that may be paid in respect of the said loan 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 loan or any part thereof together with interest thereon shall be repaid by equal aggregate annual or half-yearly instalments extending over the term as determined in (1) above.

(4) The payment of such instalments and interest shall be made in New Zealand, and no 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 loan or any part thereof shall not in the aggregate exceed one-half per centum of any amount raised.

(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. 49/191/1.)