Loan Variations and Reserve Cancellations




SEPT. 7.] THE NEW ZEALAND GAZETTE. 2441
Varying the Determinations in respect of Portion (£33,000)
of the Otago Harbour Board's Loan of £100,000.
GALWAY, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 30th day
of August, 1939.
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
WHEREAS by Order in Council made on the twenty-
eighth day of February, one thousand nine hundred
and thirty-nine, and subject to the determinations as to
borrowing and repayment therein set out, consent was given
to the raising in New Zealand by the Otago Harbour Board
(hereinafter called "the said local authority") of the sum of
one hundred thousand pounds (£100,000) by a loan to be
known as "Harbour Works Loan, 1939, £400,000 (first issue
£100,000)" (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 sum
of thirty-three thousand pounds (£33,000) (hereinafter called
"the said sum") being portion 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 sum by prescribing as follows:-
(1) In lieu of a term of thirty (30) years as specified in
clause one of the said Order in Council the term for which
the said sum may be raised shall not exceed twenty-one (21)
years.
(2) In lieu of payments to the sinking fund of not less than
one pound eighteen shillings and ninepence (£1 18s. 9d.) per
centum as specified in clause three of the said Order in
Council, the payments shall be not less than two pounds
(£2) per centum.
C. A. JEFFERY,
Clerk of the Executive Council.
(T. 49/18/3.)
Varying the Determinations in respect of Portion (£2,350)
of the Castlepoint County Council's Loan of £2,500.
GALWAY, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 30th day of
August, 1939.
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
WHEREAS by Order in Council made on the eleventh day
of May, 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
in New Zealand by the Castlepoint County Council (hereinafter
called "the said local authority") of the sum of two thousand
five hundred pounds (£2,500) by a loan to be known as
"Whakataki Stream Bridge Loan, 1938" (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 sum of two thousand three hundred and fifty pounds
(£2,350) (hereinafter called "the said sum") being portion
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 sum by prescribing as follows :-

  1. In lieu of a term of twenty-five (25) years as specified
    in clause one of the said Order in Council the term for which
    the said sum may be raised 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 eighty-two pounds three
    shillings and eightpence (£82 3s. 8d.), one of such
    payments to be made at the end of every half-year
    commencing from the date on which the said sum
    is raised. 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 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 raising 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. 49/477/6.)
    Cancelling the Reservation over a Reserve in Town of
    Makukupara, Wellington Land District.
    GALWAY, Governor-General.
    ORDER IN COUNCIL.
    At the Government House at Wellington, this 6th day of
    September, 1939.
    Present:
    HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
    IN pursuance and exercise of the powers and authorities
    conferred upon him by subsection one (b) of section
    seven of the Public Reserves, Domains, and National Parks
    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 cancel the reservation for a public hall and
    athenæum site over the land described in the Schedule
    hereto; and doth hereby declare that the said land, being
    vested in the Crown, is Crown land available for disposal
    under the Land Act, 1924.
    SCHEDULE.
    WELLINGTON LAND DISTRICT.
    SECTION 7, Town of Makukupara : Area, 1 rood 18 perches,
    more or less.
    C. A. JEFFERY,
    Clerk of the Executive Council.
    (L. and S. 38962.)
    Cancelling the Reservation over a Reserve in Te Araroa Native
    Township, East Cape Survey District, Gisborne Land
    District.
    GALWAY, Governor-General.
    ORDER IN COUNCIL.
    At the Government House at Wellington, this 6th day of
    September, 1939.
    Present:
    HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
    IN pursuance and exercise of the powers and authorities
    conferred upon him by subsection one (b) of section
    seven of the Public Reserves, Domains and National Parks
    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 cancel the reservation as a reserve for a public
    library over the land described in the Schedule hereto; and
    doth hereby declare that the said land, being vested in the
    Crown, is Crown land available for disposal under the Land
    Act, 1924.
    SCHEDULE.
    GISBORNE LAND DISTRICT.
    SECTION 54, Te Araroa Native Township, Block IX, East
    Cape Survey District : Area, 39 perches, more or less.
    C. A. JEFFERY,
    Clerk of the Executive Council.
    (L. and S. 6/1/648.)


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💰 Varying Loan Determinations for Otago Harbour Board

💰 Finance & Revenue
30 August 1939
Loan, Variation, Otago Harbour Board, Interest Rate, Repayment Terms
  • C. A. Jeffery, Clerk of the Executive Council

💰 Varying Loan Determinations for Castlepoint County Council

💰 Finance & Revenue
30 August 1939
Loan, Variation, Castlepoint County Council, Repayment Terms
  • C. A. Jeffery, Clerk of the Executive Council

🗺️ Cancelling Reservation over Reserve in Makukupara

🗺️ Lands, Settlement & Survey
6 September 1939
Reservation, Cancellation, Public Hall, Athenæum, Makukupara, Wellington
  • C. A. Jeffery, Clerk of the Executive Council

🗺️ Cancelling Reservation over Reserve in Te Araroa Native Township

🗺️ Lands, Settlement & Survey
6 September 1939
Reservation, Cancellation, Public Library, Te Araroa, Gisborne
  • C. A. Jeffery, Clerk of the Executive Council