Consenting to the Raising of the Balance (£27,500) of the
Takapuna Borough Council's Loan of £46,000.

GALWAY, Governor-General.

ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 1st day
of February, 1940.
Present:
THE HON. P. FRASER PRESIDING IN COUNCIL.
WHEREAS by Order in Council made on the thirteenth
day of October, one thousand nine hundred and
thirty-seven, and subject to the determinations therein set
out, consent was given to the raising by the Takapuna Borough
Council (hereinafter referred to as the " said local authority ")
of a loan of forty-six thousand pounds (£46,000):
And whereas by Order in Council made on the third day
of May, one thousand nine hundred and thirty-eight, certain
of the determinations aforesaid were varied:
And whereas by clause six of the aforesaid Order in Council
of the thirteenth day of October, one thousand nine hundred
and thirty-seven, it was provided that no part of the said
loan should be borrowed after the expiration of two (2)
years from the date thereof, and such period has now
expired:
And whereas at the date of such expiry part of the aforesaid
loan of forty-six thousand pounds (£46,000) had not been
raised and it is expedient to authorize the said local authority
to raise the balance thereof amounting to twenty-seven
thousand five hundred pounds (£27,500):
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 consent
to the raising of the balance of the said loan in all respects
as if the period specified in clause six of the Order in Council
made on the thirteenth day of October, one thousand nine
hundred and thirty-seven, were four (4) years and not two
2) years.

C. A. JEFFERY,
Clerk of the Executive Council.
(T. 49/120.)

Varying the Determinations in respect of the Balance (£5,000)
of the Waitaki Electric-power Board's Loan of £15,000.

GALWAY, Governor-General.

ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 1st day
of February, 1940.
Present:
THE HON. P. FRASER PRESIDING IN COUNCIL.
WHEREAS by Order in Council made on the twenty-
ninth day of March, 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 Waitaki Electric-power Board
(hereinafter called " the said local authority ") of the sum of
fifteen thousand pounds (£15,000) by a loan to be known as
" Extension Loan, 1939 " (hereinafter called " the said
loan"):
And whereas the authority conferred by the said Order in
Council has not yet been exercised to the extent of five
thousand pounds (£5,000) (hereinafter called " the said
sum"):
And whereas by Order in Council made on the fourth day
of October, one thousand nine hundred and thirty-nine, the
determinations aforesaid were cancelled in so far as they
referred to the raising of the said sum and other determinations
were made in lieu thereof:
And whereas it is expedient now to cancel the deter-
minations made by the Order in Council of the fourth day of
October, one thousand nine hundred and thirty-nine, in so
far as such determinations refer to the raising of the said sum
by the said local authority and to make other determinations
in lieu thereof:
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 cancel
the said determinations made by the Order in Council of the
B

fourth day of October, one thousand nine hundred and thirty-
nine, in so far as such determinations refer to the raising of
the said sum by the said local authority, and in lieu thereof
doth make the following determinations:-
(1) The term for which the said sum or any part thereof
may be raised shall not exceed twenty-five (25) 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 or rates exceeding four pounds
five shillings (£4 5s.) per centum per annum.
(3) The said local authority shall before raising the said sum
or any part thereof make provision for the repayment thereof
by establishing a sinking fund under the Local Bodies' Loans
Act, 1926, or under such other statutory enactment as may
be applicable, and shall thereafter make payments to such
sinking fund at intervals of not more than one year, at a rate
or rates per centum which shall be not less than two pounds
ten shillings (£2 10s.), such payments to be made in respect
of every part of the said sum for the time being so borrowed
and not repaid, the first such payment to be made not later
than one year after the first day from which interest to the
lender or lenders is computed on the said sum or any part
thereof so raised.
(4) The payment of interest and the repayment of principal
in respect of the said sum shall be made in New Zealand.
(5) No amount payable as either interest or sinking fund
in respect of the said sum shall be paid out of loan-moneys.
(6) The rate payable for brokerage, underwriting, and
procuration fees in respect of the raising of the said sum or
any part thereof shall not in the aggregate exceed one-half
per centum of any amount raised.
(7) 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. 49/416/6.)

Conferring on Rodney County Council certain Powers
of Borough Councils with respect to Drainage,
Sanitation, and Waterworks.

GALWAY, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 14th
day of February, 1940.
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
IN pursuance and exercise of the power and authority
vested in him in that behalf by section one
hundred and eighty-two of the Counties Act, 1920, His
Excellency the Governor-General, acting by and with
the advice and consent of the Executive Council, doth
hereby confer on the Rodney County Council all the
powers with respect to drainage, sanitation, and the
supply of water for domestic or industrial purposes,
exercisable by a duly constituted Borough Council
under section ninety-one, Part XIX, sections eighty-two
to eighty-four, eighty-six to eighty-eight, Part XX
(with the exception of sections two hundred and
fifty-one, two hundred and fifty-three, and two hundred
and fifty-four), and section three hundred and forty-six
of the Municipal Corporations Act, 1933, and also
section twenty of the Municipal Corporations Amend-
ment Act, 1938.

C. A. JEFFERY,
Clerk of the Executive Council.
(I.A. 103/35/20.)

Conferring Special Jurisdiction on the Native Land Court.

GALWAY, Governor-General.
ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 1st day of
February, 1940.
Present:
THE HON. P. FRASER PRESIDING IN COUNCIL.
PURSUANT to section thirty-four 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 confer on the Native Land Court
jurisdiction to hear and determine, as between Natives,
any claim to the ownership or possession of a greenstone
axe known as or called " Te Rama-Apakura," with power
and jurisdiction to make such order or orders as the circum-
stances of the case may require.

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