984
THE NEW ZEALAND GAZETTE.
[No. 40

SCHEDULE.

THE south-western side of all that portion of street, situated in the Nelson Land District, Borough of Richmond, known as Oxford Street, fronting part of part Lot 7 of Section 26, District of Waimea East.

Also the north-eastern side of all that portion of street, situated in the said land district and borough, known as Dorset Street, fronting part of part Lot 7 of Section 26, District of Waimea East.

As the same are more particularly delineated on the plan marked P.W.D. 106720, deposited in the office of the Minister of Public Works at Wellington, and thereon coloured red.

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

(P.W. 51/1896.)

The South-western Side of Portion of Bayfield Road, in the City of Dunedin, exempted from the Provisions of Section 128 of the Public Works Act, 1928, subject to a Condition as to the Building-line.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 23rd day of April, 1940.

Present:

THE HON. P. FRASER PRESIDING IN COUNCIL.

IN pursuance and exercise of the powers conferred 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 approve of the following resolution passed by the Dunedin City Council on the twelfth day of February, one thousand nine hundred and forty, viz.:

“ The Dunedin City Council, being the local authority having control of the streets in the City of Dunedin, by resolution declares that the provisions of section one hundred and twenty-eight of the Public Works Act, 1928, shall not apply to the south-western side of portion of Bayfield Road abutting on part Section 3, Block III, Andersons Bay District ”;

subject to the condition that no building or part of a building shall at any time be erected on the land fronting the south-western side of the portion of Bayfield Road (described in the Schedule hereto) within a distance of thirty-three feet from the centre-line of the said portion of street.

SCHEDULE.

THE south-western side of all that portion of street, situated in the Otago Land District, City of Dunedin, known as Bayfield Road, fronting part Section 3, Block III, Andersons Bay District. As the same is more particularly delineated on the plan marked P.W.D. 106524, deposited in the office of the Minister of Public Works at Wellington, and thereon edged red.

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

(P.W. 51/1981.)

Consenting to the Raising of a Loan of £700 by the Amuri County Council and prescribing the Conditions thereof.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 1st day of May, 1940.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Amuri County Council (hereinafter called “ the said local authority ”) being desirous of raising the sum of seven hundred pounds (£700) by a loan to be known as “ Balmoral Water-race Loan, 1940 ” (hereinafter called “ the said loan ”), 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 raising 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 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 raising in New Zealand by the said local authority of the said loan up to the amount of seven hundred pounds (£700), and in giving such consent doth hereby determine as follows:—

(1) The term for which the said loan 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 loan 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 loan 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 instalments shall be paid out of loan-moneys.

(5) The rate payable for brokerage, underwriting, and procurement fees in respect of the raising of the said loan 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. 49/252/12.)

Varying the Determinations in respect of Portion (£6,000) of the Pahiatua County Council’s Loan of £22,000.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 1st day of May, 1940.

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 in New Zealand by the Pahiatua County Council (hereinafter called “ the said local authority ”) of the sum of twenty-two thousand pounds (£22,000) by a loan to be known as “ Bridges Loan, 1938 ” (hereinafter called “ the said loan ”):

And whereas by Order in Council made on the seventeenth day of January, one thousand nine hundred and forty, the determinations were cancelled in so far as such determinations referred to the raising of a portion of the said loan amounting to six thousand pounds (£6,000) (hereinafter called “ the said sum ”) and other determinations were made in lieu thereof:

And whereas it is expedient now to cancel the determinations made by the Order in Council of the seventeenth day of January, one thousand nine hundred and forty, 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 seventeenth day of January, one thousand nine hundred and forty, and in lieu thereof doth make the following determinations in respect of the raising of the said sum by the said local authority:

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 (£4) per centum per annum.