OCT. 27.]

Consenting to the Borrowing of Moneys by the Balclutha Fire Board by way of Bank Overdraft.

GALWAY, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 26th day of October, 1938.
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
WHEREAS the Balclutha Fire Board (hereinafter called “the said local authority”), being desirous of borrowing the sum of three hundred and thirty-three pounds six shillings and eightpence (£333 6s. 8d.) by way of bank overdraft under the provisions of section thirty-one of the Fire Brigades Act, 1926, by a loan to be known as “Fire Engine Loan, 1938,” for the purpose of purchasing a second-hand Dennis fire-engine, 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 borrowing as aforesaid:
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 borrowing of moneys by the said local authority by way of bank overdraft under the said section thirty-one up to the amount of three hundred and thirty-three pounds six shillings and eightpence (£333 6s. 8d.), and in giving such consent doth hereby determine as follows :
(1) The term for which such moneys or any part thereof may be borrowed shall not exceed two (2) years.
(2) The rate of interest payable from time to time shall not exceed the current bank overdraft rate of interest to best customers.
(3) The moneys so borrowed shall be repaid by annual payments of not less than one hundred and sixty-six pounds thirteen shillings and fourpence (£166 13s. 4d.).
(4) No amount payable as interest in respect of the said moneys shall be paid out of loan-money.
(5) No moneys shall be borrowed under this authority after the expiration of two years from the date hereof.

C. A. JEFFERY,
Clerk of the Executive Council.
(T. 49/678.)

Varying the Determinations in respect of Portion (£150,000) of the Wellington City Council's Loan of £200,000.

GALWAY, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 26th day of October, 1938.
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
WHEREAS by Order in Council made on the eighteenth day of March, one thousand nine hundred and thirty-seven, and subject to the determinations as to borrowing and repayment therein set out, consent was given to the raising by the Wellington City Council (hereinafter called “the said local authority”) of the sum of two hundred thousand pounds (£200,000) by a loan to be known as “Sewerage Loan, 1937 ” (hereinafter called “the said loan”):
And whereas the sum of one hundred and fifty thousand pounds (£150,000) (hereinafter called “the said sum”) has not yet been raised, and it is expedient to vary the determinations aforesaid in respect of the said sum by extending the period within which the said sum may be raised :
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 contained in clause seven of the said Order in Council in respect of the said sum by substituting a period of four (4) years in lieu of a period of two (2) years.

C. A. JEFFERY,
Clerk of the Executive Council.
(T. 49/168/78.)

Varying the Determinations in respect of Nightcaps Town Board's Loan of £800 by prescribing Repayment on the Instalment-repayment System.

GALWAY, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 26th day of October, 1938.
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
WHEREAS by Order in Council made on the twenty-third day of February, one thousand nine hundred and thirty-eight, and subject to the determinations as to borrowing and repayment therein set out, consent was given to the raising by the Nightcaps Town Board (hereinafter called “the said local authority”) of the sum of eight hundred pounds (£800) by a loan to be known as “Main Highways Loan, 1937 ” (hereinafter called “the said loan”):
And whereas the authority conferred by the said Order in Council has not yet been exercised, and it is expedient to vary certain of the determinations aforesaid 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 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 loan by prescribing that in lieu of making provision for the repayment of the said loan by establishing a sinking fund in respect thereof, the said local authority may raise the said loan upon terms of making the same, together with interest thereon, repayable by equal aggregate annual or half-yearly instalments extending over the term of ten (10) years.

C. A. JEFFERY,
Clerk of the Executive Council.
(T. 49/493/3.)

Member appointed to Taurikura Public Hall Board.

GALWAY, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 26th day of October, 1938.
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
WHEREAS by an Order in Council dated the twenty-second day of September, one thousand nine hundred and thirty-seven, and published in the Gazette of the twenty-third day of that month, the control of Lot 3, D.P. 17413, being part Allotment 15, Manaia Parish, Whangarei County, in the North Auckland Land District, a reserve for a site for a public hall, was vested in certain persons therein named, who were by the said Order in Council constituted a special Board, by the name of the Taurikura Public Hall Board, in pursuance of section seventeen of the Public Reserves, Domains, and National Parks Act, 1928 :
And whereas it is desirable that Murdoch James Roderick McRae, of Taurikura, should be appointed a member of the said Board in place of Walter Percival Potter, resigned :
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 conferred on him by section seventeen of the Public Reserves, Domains, and National Parks Act, 1928, doth hereby appoint the said Murdoch James Roderick McRae,
to be a member of the Taurikura Public Hall Board, constituted by the Order in Council dated the twenty-second day of September, one thousand nine hundred and thirty-seven, hereinbefore referred to, in place of the said Walter Percival Potter, resigned.

C. A. JEFFERY,
Clerk of the Executive Council.
(L. and S. 22/3583.)