Oct. 24.] THE NEW ZEALAND GAZETTE. 2741

Consenting to the Raising of the Balance (£5,000) of the Wairoa Electric-power Board’s Loan of £100,000 and prescribing the Conditions thereof.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 16th day of October, 1940.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by Order in Council made on the seventh day of February, one thousand nine hundred and twenty-one, consent was given to the raising by the Wairoa Electric-power Board (hereinafter called “the said local authority”) of the sum of one hundred thousand pounds (£100,000) (hereinafter called “the said loan”), of which the amount of five thousand pounds (£5,000) has not been borrowed:

And whereas by section nine of the Local Authorities Interest Reduction and Loans Conversion Amendment Act, 1934, the consent given by the said Order in Council was revoked in so far as the authority conferred thereby had not been exercised, and it is not now lawful or competent for the said local authority to borrow any moneys to which such consent relates except in accordance with the provisions of an Order in Council under section eleven of the Local Government Loans Board Act, 1926:

And whereas it is expedient to authorize the said local authority to borrow on the conditions hereinafter mentioned the said balance of five thousand pounds (£5,000) (hereinafter called “the said sum”), for the purpose of carrying out additions and extensions to the existing reticulation 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, and by section nine of the Local Authorities Interest Reduction and Loans Conversion Amendment Act, 1934, and of all other powers and authorities enabling him in this behalf, doth hereby consent to the borrowing in New Zealand by the said local authority of the said sum or any part thereof for the purpose aforesaid, and in giving such consent doth hereby determine as follows:—

(1) The term for which the said sum or any part thereof may be raised shall not exceed twenty (20) years.

(2) The rate of interest that may be paid in respect of the said sum or any part thereof shall be such as shall not produce to the lender or lenders a rate exceeding three pounds seventeen shillings and sixpence (£3 17s. 6d.) per centum per annum.

(3) The said sum 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 shall be made in New Zealand and no such instalment shall be paid out of loan-money.

(5) The rate payable for brokerage, underwriting, and procurement fees in respect of the borrowing of the said sum 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. 49/462.)

Varying the Determinations in respect of the Balance (£1,490) of the Manawatu County Council’s Loan of £5,490.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 16th day of October, 1940.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by Order in Council made on the twenty-sixth day of October, 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 Manawatu County Council (hereinafter called “the said local authority”) of the sum of five thousand four hundred and ninety pounds (£5,490), being portion of the “Main Highways Reconstruction Loan, 1925,” of £60,000;

And whereas the authority conferred by the said Order in Council has not yet been exercised to the extent of one thousand four hundred and ninety pounds (£1,490) (hereinafter called “the said sum”) and it is expedient to vary the determinations aforesaid in respect of the said sum by extending the term, specified in clause six of the said Order in Council, 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 aforesaid in respect of the said sum by prescribing that no moneys shall be borrowed under the consent given by the said Order in Council after the expiration of three (3) years from the date thereof.

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

(T. 49/353.)

Modification of the Factories Act, 1921–32.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 16th day of October, 1940.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

IN pursuance and exercise of the powers conferred by section forty-seven of the Finance Act, 1936, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, doth hereby order that with respect to the factory occupied by Waikato Carbonization, Ltd., the requirements of sections fourteen and fifteen of the Factories Amendment Act, 1936, are hereby modified in the manner and to the extent following, that is to say:—

In lieu of the requirements of the said sections relating to the rates of wages to be paid for time worked on holidays or Sundays, the said sections shall be read so as to require that shift-workers employed on holidays or Sundays shall be paid, in addition to their ordinary rate of pay, at not less than their ordinary rate of pay for the time worked on such holidays or Sundays; and it is hereby declared that this Order shall come into force on the day following publication hereof in the Gazette.

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

Variation of Order in Council prohibiting Alienation of Native Land.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 16th day of October, 1940.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

PURSUANT to section four hundred and forty-two of the Native Land Act, 1931, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council doth hereby vary an Order in Council made on the seventh day of December, one thousand nine hundred and thirty-two, and published in the Gazette on the eighth day of December, one thousand nine hundred and thirty-two, at page 2509, and affecting Tokaanu B 1p and other blocks by excluding therefrom the land described in the Schedule hereto.

SCHEDULE.

Block. Area: Survey
A. R. P. District.

Tokaanu B 2a 4 .. 19 3 28 Tokaanu and Pukawa.
Tokaanu B 2d 2 .. 33 0 27 Tokaanu and Pukawa.

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

(N.L.P. 1918/6.)