Nov. 26.

And whereas the said local authority, pending the raising
of the said loan in accordance with the said determinations,
is desirous of borrowing the said sum or part thereof by
hypothecation or mortgage pursuant to section thirty-four
of the Local Bodies' Loans Act, 1926, of the debentures authorized
to be issued in respect 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 seven of the Local Authorities
Interest Reduction and Loans Conversion Act, 1932-33, and
by section eight of the Local Authorities Interest Reduction
and Loans Conversion Amendment Act, 1933, and of all
other powers and authorities enabling him in this behalf,
both hereby consent to the said local authority, pending the
raising of the said loan in accordance with the said determinations (by which, inter alia, the rate of interest to be
inserted in the said debentures is limited to three pounds ten shillings (£3 10s.) per centum), borrowing the said sum
of three thousand eight hundred pounds (£3,800) or any part
thereof by the hypothecation or mortgage of the said debentures at a rate of interest not exceeding four pounds ten
shillings (£4 10s.) per centum per annum, and hereby prescribes that the money borrowed by the hypothecation or
mortgage of the said debentures shall, pending the raising of
the said loan, be repaid by annual amounts equivalent to
the instalments of principal which would have been repaid if
on the first date on which any moneys are borrowed by such hypothecation the whole of the said sum of three thousand
eight hundred pounds (£3,800) had been raised on the terms
prescribed by the Order in Council made on the twenty-second day of October, one thousand nine hundred and thirty-six.

C. A. JEFFERY,
Clerk of the Executive Council.
(T. 49/110.)

Order in Council varying the Determinations in respect of the
South Taranaki Electric-power Board's Loan of £10,000 and
Portion (£5,000) of the Loan of £18,750.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 18th day of
November, 1936.
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by Order in Council made on the twenty-second day of October, one thousand nine hundred and thirty-six (hereinafter called “the said Order in Council”), and subject to the determinations as to borrowing and repayment therein set out, consent was given to the raising in New Zealand by the South Taranaki Electric-power Board (hereinafter called “the said local authority”) of a portion ten thousand pounds (£10,000) of the “Special Loan, 1931,” of forty thousand pounds (£40,000):
And whereas by the said Order in Council, and subject to
the determinations as to borrowing and repayment therein
set out, consent was also given to the raising in New Zealand
by the said local authority of a loan of eighteen thousand seven
hundred and fifty pounds (£18,750) by a loan to be known as
“Supplementary Loan, 1936”:
And whereas the authorities conferred by the said Order in
Council have not yet been exercised, and it is expedient to
vary the determinations in respect of fifteen thousand pounds
(£15,000) (hereinafter called “the said sum”), being the whole
of the loan of £10,000, and a portion five thousand pounds
(£5,000) of the loan of £18,750, by prescribing a term of twenty
(20) years in lieu of a term of twenty-five (25) years as
prescribed by the said Order in Council:

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, both hereby vary the
determinations aforesaid in respect of the said sum by prescribing that the term for which the said sum may be raised
shall be twenty (20) years.

C. A. JEFFERY,
Clerk of the Executive Council.
(T. 49/474.)

Order in Council varying the Determinations in respect of the
Hamilton Fire Board's Loan of £1,400 by prescribing Repayment on the Instalment-repayment System.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 18th day of
November, 1936.
Present:
HIS EXCELLENCEY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by Order in Council made on the thirtieth day
of September, one thousand nine hundred and thirty-six, and subject to the determinations as to borrowing and repayment therein set out, consent was given to the raising
in New Zealand by the Hamilton Fire Board (hereinafter called “the said local authority”) of the sum of one thousand
four hundred pounds (£1,400) by a loan to be known as
“Central Station Site Loan, 1936” (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 by prescribing repayment on the instalment-repayment
system:

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, both 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 not 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 twelve
(12) years.

C. A. JEFFERY,
Clerk of the Executive Council.
(T. 49/12.)

Order in Council varying the Determinations in respect of the
Balance (£12,000) of the Wairarapa Hospital Board's Loan of £20,000 by prescribing Repayment on the Instalment-repayment System.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 18th day of
November, 1936.
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by Order in Council made on the fourteenth
day of July, one thousand nine hundred and thirty-six, and subject to the determinations as to borrowing and
repayment therein set out, consent was given to the raising
by the Wairarapa Hospital Board (hereinafter called “the
said local authority”) of the sum of twenty thousand pounds
(£20,000) by a loan to be known as “Masterton Hospital
and Buchanan Home Special Loan, 1936” (hereinafter called
“the said loan”):
And whereas the authority conferred by the said Order in
Council has not yet been exercised in respect of portion
twelve thousand pounds (£12,000) of the said loan, and it
is expedient to vary certain of the determinations aforesaid
in respect of this balance twelve thousand pounds (£12,000)
(hereinafter called “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 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, both hereby vary
certain of the determinations aforesaid in respect of the
said sum by prescribing that in lieu of making provision for
the repayment of the said sum by establishing a sinking fund
in respect thereof, the said local authority may raise the
said sum upon terms of making the same, together with
interest thereon, repayable by equal aggregate annual or
half-yearly instalments extending over a period of twenty (20)
years.

C. A. JEFFERY,
Clerk of the Executive Council.
(T. 49/199/11.)