SEPT. 24.] THE NEW ZEALAND GAZETTE.

Consenting to Land being taken for the Purposes of a Road, in Blocks IV and VIII, Tongariro Survey District, and
Blocks V, VI, VII, and VIII, Pihanga Survey District.

GALWAY, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 23rd day of September, 1936.

Present:

His EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

In pursuance and exercise of the powers and authorities 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
consent to the land described in the Schedule hereto being taken for the purposes of a road.

SCHEDULE.

In the Wellington Land District; as the same are more particularly delineated on the plan marked and coloured as above
mentioned, and deposited in the office of the Minister of Public Works at Wellington.

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

(P.W. 62/6/328/0.)

Order in Council consenting to the Raising of a Loan of £1,500 by the Waimakariri River Trust and prescribing the Conditions thereof.

GALWAY, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 16th day of September, 1936.

Present:

His EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Waimakariri River Trust (hereinafter called “the said local authority”), being desirous of raising the sum of one thousand five hundred pounds (£1,500) under the provisions of section seven of the Local Bodies’ Finance Act, 1921–22, by a loan to be known as “Flood-relief Loan, 1936” (hereinafter called “the said loan”), for the purpose of repairing damage caused by floods in the Eyre and Cust Rivers, 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 one thousand five hundred pounds (£1,500), 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 seven (7) 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 procuration 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. 49/434/3.)