JULY 7.] THE NEW ZEALAND GAZETTE. 1607

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 in respect of the said sum by prescribing as follows :

1. In lieu of the term of twenty-six (26) years specified in clause one of the said Order in Council the term shall be ten (10) years.

2. In lieu of repayment as specified in clause three of the said Order in Council the said sum shall be repaid as follows :—

(a) By twenty equal payments of four hundred and thirty-seven pounds three shillings (£437 3s.), one of such payments to be made at the end of every half-year commencing from the date on which the said sum is borrowed. Each such half-yearly payment shall be applied firstly in payment of interest computed at the rate of three pounds ten shillings (£3 10s.) per centum per annum on the amount of the principal for the time being outstanding at the beginning of each such half-year, and the balance of such half-yearly payment in reduction of such principal.

(b) By a payment at the end of the tenth year from the date of the borrowing of the said sum of a sum equal to the amount to which the principal has been reduced in accordance with the preceding paragraph (a) hereof after payment of the aforesaid twenty (20) half-yearly payments.

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

(T 49/133/12.)

Varying the Determinations in respect of Portion (£1,135) of the Makerua Drainage Board’s Loan of £1,200.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 5th day of July, 1938.

Present :

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by Order in Council made on the eighteenth day of November, 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 Makerua Drainage Board of the sum of one thousand two hundred pounds (£1,200) by a loan to be known as “ Drain Improvement Loan, 1936 ”: And whereas the authority conferred by the said Order in Council has not been exercised, and it is expedient to vary certain of the determinations aforesaid in respect of the sum of one thousand one hundred and thirty-five pounds (£1,135) (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, doth hereby vary certain of the determinations aforesaid in respect of the said sum by prescribing as follows :—

(1) In lieu of the term of fifteen (15) years specified in clause one of the said Order in Council the term shall be ten (10) years.

(2) In lieu of provision being made for the repayment of the said sum by the establishment of a sinking fund in respect thereof as specified in clause three of the said Order in Council the said sum shall be repaid as follows :—

(a) By twenty equal payments of forty-eight pounds nineteen shillings (£48 19s.), one of such payments to be made at the end of every half-year commencing from the date on which the said sum is borrowed. Each such half-yearly payment shall be applied firstly in payment of interest computed at the rate of three pounds ten shillings (£3 10s.) per centum per annum on the amount of principal for the time being outstanding at the beginning of each such half-year, and the balance of such half-yearly payment in reduction of principal.

(b) By a payment at the end of the tenth year from the date of the borrowing of the said sum of a sum equal to the amount to which the said principal has been reduced in accordance with the preceding paragraph (a) hereof after payment of the aforesaid twenty (20) half-yearly payments.

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

(T. 49/232/14.)

C

Declaring Portions of Road in Block XII, Mount Robinson Survey District, to be Government Road.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 5th day of July, 1938.

Present :

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

IN pursuance and exercise of the powers vested in him 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 order and declare that the portions of road described in the Schedule hereto shall, on and after the date of this Order in Council, become Government road.

SCHEDULE.

APPROXIMATE areas of the pieces of road declared to be Government road :—

A. R. P. Adjoining or passing through
1 1 17
0 3 14-6 Part Lot 2, D.P. 408, being part Manawatu-
0 0 4-4 Kukutauaki 2c Block.
0 0 20
0 0 13-9 Part Lot 2, D.P. 408, being part Manawatu-
0 0 0-6 Kukutauaki 2c Block.

Situated in Block XII, Mount Robinson Survey District.
(S.O. 20037.)

In the Wellington Land District; as the same are more particularly delineated on the plan marked P.W.D. 98443, deposited in the office of the Minister of Public Works at Wellington, and thereon coloured green.

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

(P.W. 62/9/60/0.)

Directing the Sale of Land under the Public Works Act, 1928, in Block VIII, Glenomaru Survey District.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 5th day of July, 1938.

Present :

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

IN pursuance and exercise of the powers and authorities conferred upon him by the Public Works Act, 1928, 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 direct the sale of the land described in the Schedule hereto, such land being no longer required for the public work for which it was acquired.

SCHEDULE.

APPROXIMATE areas of the pieces of land directed to be sold :—

A. R. P. Being
0 1 14-4 Allotment 11, Block I, Township of Quakerfield (Doods Plan 241), and being part Section 1; coloured yellow.
0 2 0-1 Allotments 12 and 13, Block I, Township of Quakerfield (Doods Plan 241), and being part Section 1; coloured red.

Situated in Block VIII, Glenomaru Survey District (Otago R.D.). (S.O. 824 Tn.)

In the Otago Land District; as the same is more particularly delineated on the plan marked P.W.D. 99081, deposited in the office of the Minister of Public Works at Wellington, and thereon coloured as above mentioned.

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

(P.W. 20/321.)