MAY 29.] THE NEW ZEALAND GAZETTE. 1475

Amending Order in Council licensing Mrs. Ivy Myrtle Allen
to use and occupy a Part of the Foreshore at Te Rawa, Pelorus
Sound, as a Site for a Boat-shed, Workshop, and Slipway.

C. L. N. NEWALL, Governor-General.

ORDER IN COUNCIL.
At the Government Buildings at Wellington, this 21st day
of May, 1941.

Present:

THE HON. W. NASH PRESIDING IN COUNCIL.

Pursuant to the Harbours Act, 1923, His Excellency
the Governor-General, acting by and with the advice
and consent of the Executive Council, doth hereby amend,
as set forth in the Schedule hereto, the Order in Council
dated the twenty-third day of June, one thousand nine
hundred and thirty, licensing and permitting Henry Cornwall
Christian to use and occupy a part of the foreshore and land
below low-water mark at Te Rawa, Pelorus Sound, which
license was subsequently transferred to Mrs. Ivy Myrtle Allen,
for the purpose of maintaining thereon a boat-shed, workshop,
and slipway.

SCHEDULE.

Clause 3 to the Schedule of the hereinbefore-recited Order
in Council dated the 23rd day of June, 1930, and published
in the Gazette of the 26th day of the same month at page 2031,
is revoked and the following clause substituted:-

"3. In consideration of the concessions and privileges
granted by this Order in Council, the licensee shall pay to the
Minister an annual sum of £1, payable on the 1st day of
April in each year, the first of such annual payments to
commence on the 1st day of April, 1941."

T. R. AICKIN,
Acting Clerk of the Executive Council.

Consenting to the Raising of Loans by certain Local Authorities
and prescribing the Conditions thereof.

C. L. N. NEWALL, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 21st day
of May, 1941.

Present:

THE HON. W. NASH PRESIDING IN COUNCIL.

WHEREAS the several local authorities enumerated in
the Schedule hereto are desirous of raising loans, to
be known in each case as "Rural Housing Loan, 1941," of
the respective amounts stated opposite their names in the
Second Column of the said Schedule from the State Advances
Corporation of New Zealand (hereinafter referred to as "the
Corporation") for the purpose of enabling the said local
authorities out of the respective loans so raised to make
advances to farmers under the Rural Housing Act, 1939;
And whereas the said local authorities have respectively
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 loans:
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 by the respective local
authorities mentioned in the First Column of the said Schedule
from the Corporation of the said loans up to the respective
amounts specified in the Second Column of the said Schedule,
and in giving such consent doth hereby determine as
follows:-

1. Each local authority shall pay to the corporation each
   half-year in reduction of the principal moneys advanced by
   the Corporation to such local authority an amount equal to
   the sum of all the amounts which are expressed to be payable
   to that local authority during such half-year by the agree-
   ments entered into with the local authority by the various
   farmers to whom the said local authority has advanced any
   of the loan-moneys.
2. The rate of interest that may be paid in respect of each
   of the said loans, or so much thereof as is for the time being
   raised and not repaid, shall be three pounds (£3) per centum
   per annum payable half-yearly, the first such payment to be
   made in each case not later than six months after the date of
   the payment of the first instalment of the loan by the
   Corporation to the local authority, such interest to be
   calculated on the daily-debtor balances in the books of
   the Corporation.
3. No amount payable as either interest or principal in
   respect of the said respective loans shall be paid out of
   loan-moneys.
4. No amount shall be payable for brokerage, under-
   writing, or procurement fees in respect of the raising of the
   said respective loans or any parts thereof.

SCHEDULE.

First Column. Second Column.
Name of Local Authority. Amount of Loan.

Lake County Council .. .. .. .. £4,800
Manakau County Council .. .. .. £20,000

T. R. AICKIN,
Acting Clerk of the Executive Council.

(T. 40/416/4.)

Consenting to the Raising of a Loan of £6,000 by the Ellesmere
Lands Drainage Board and prescribing the Conditions
thereof.

C. L. N. NEWALL, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 21st day
of May, 1941.

Present:

THE HON. W. NASH PRESIDING IN COUNCIL.

WHEREAS the Ellesmere Lands Drainage Board
(hereinafter called "the said local authority")
being desirous of raising the sum of six thousand pounds
(£6,000) by a loan to be known as "Halswell Dredging
Loan, 1940" (hereinafter called "the said loan"), for the
purpose of purchasing a drag-line dredge and pontoon for
dredging Halswell River and drains within the Board's
district and the cost of carrying out such work, 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 six thousand pounds (£6,000), and in giving such consent
doth hereby determine as follows:-

(l) The term for which the said loan or any part thereof
may be raised shall not exceed fifteen (15) 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 three pounds
fifteen shillings (£3 15s.) 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 (l) 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
procuration 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.

T. R. AICKIN,
Acting Clerk of the Executive Council.

(T. 49/642/3.)

Validating Proceedings in connection with Awatere County
Council's Loan of £7,000.

C. L. N. NEWALL, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 21st day of
May, 1941.

Present:

THE HON. W. NASH PRESIDING IN COUNCIL.

WHEREAS the Awatere County Council lately proceeded
by way of special order to raise a loan of seven
thousand pounds (£7,000), to be known as "Awatere Water-
supply Additional Loan, 1940" (hereinafter called "the said
loan"):
And whereas the proceedings in connection with the said
loan were irregular or defective in that public notice of the
resolution to make the special order authorizing the raising
of the loan, although given four times, was not given once
in each of the four weeks immediately preceding the day on