Numb. 101.

[Image of Land & Deeds Office stamp]

And whereas the said local authority proposes, in exercise of
the said option, to redeem on the first day of April, one thousand
nine hundred and forty-three, certain of such securities amounting
in the aggregate to the sum of seventy-eight thousand pounds
(£78,000), the date specified in such securities for the redemption
thereof being the first day of April, one thousand nine hundred and
forty-six:

And whereas the said local authority, being desirous, in order
to give effect to such proposal, of raising a loan of seventy-eight
thousand pounds (£78,000), to be known as “Conversion Loan,
Second Repayment Loan, 1942” (hereinafter called “the said
loan”), has complied with the provisions of the Local Government
Loans Board Act, 1926, and it is expedient that the precedent
consent of the Governor-General in Council, as required by such
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 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 in New Zealand by
the said local authority of the said loan for the said purpose up to the
amount of seventy-eight thousand pounds (£78,000), 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 three (3) 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 exceeding three pounds five shillings (£3 5s.)
per centum per annum.

(3) The said loan shall be repaid on the first day of April, one
thousand nine hundred and forty-six.

(4) It shall not be necessary to establish a separate sinking
fund for the Repayment Loan of seventy-eight thousand pounds
(£78,000), and the proviso to subsection three of section thirty-
two of the Finance Act, 1938 (as set out in subsection two of
section twenty-nine of the Finance Act, 1941) shall apply, and
accordingly the provisions of subclause two of clause twenty of the
Dunedin City Loans Conversion Order, 1934, shall be construed as if
the debentures amounting to seventy-eight thousand pounds
(£78,000) redeemed on the first day of April, one thousand nine
hundred and forty-three, had not been redeemed as at that date but
had been redeemed on the first day of April, one thousand nine
hundred and forty-six.

(5) The payment of interest and instalments of principal in
respect of the said loan shall be made in New Zealand, and no amount
payable as interest or principal shall be paid out of loan-moneys.

(6) The amount 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-quarter 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. 49/254/25.)

2733

THE

NEW ZEALAND GAZETTE

Published by Authority.

WELLINGTON, THURSDAY, NOVEMBER 12, 1942.

Arohata Prison proclaimed.

[L.S.] C. L. N. NEWALL, Governor-General.

A PROCLAMATION.

WHEREAS by an Act of the General Assembly of New Zealand,
intituled the Prisons Act, 1908, it is provided that the
Governor-General may, by Proclamation published in the Gazette,
declare any house, building, enclosure, or place to be a prison, and
from and after the gazetting of any such Proclamation, or from any
time later specified in the Proclamation, such house, building,
enclosure, or place shall be deemed a prison:

Now, therefore, I, Cyril Louis Norton Newall, the Governor-
General of the Dominion of New Zealand, in pursuance of the above-
recited power and authority, do hereby declare that the area of land
described in the Schedule hereto, and all buildings and enclosures
used or occupied thereon, shall, from and after the first day of
December, one thousand nine hundred and forty-two, be a prison,
known as the Arohata Prison, within the meaning and for the
purposes of the Prisons Act, 1908.

SCHEDULE.

ALL that area in the Wellington Land District containing by
admeasurement 81 acres 1 rood 7 perches, situate in Block VII,
Belmont Survey District, and being part Section 34, Porirua District,
and bounded as follows: On the south by Section 32, Porirua
District, a distance of 6325 links; on the west by Section 117,
Ohariu District, a distance of 1290 links; on the north by other
part of Section 34, Porirua District, a distance of 5400 links and
335 links; and on the east by the main highway, and being all the
land comprised in Certificate of Title, Volume 427, folio 142,
Wellington Registry.

Given under the hand of His Excellency the Governor-General
of the Dominion of New Zealand, and issued under the
Seal of that Dominion, this 4th day of November, 1942.

H. G. R. MASON, Minister of Justice.

GOD SAVE THE KING!

Consenting to the Raising of a Loan of £78,000 by the Dunedin City
Council and prescribing the Conditions thereof.

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

ORDER IN COUNCIL.

At the Government House at Wellington, this 28th day of October,
1942.

Present:

His Excellency The Governor-General in Council.

WHEREAS under the authority of clause sixteen of the Dunedin
City Loans Conversion Order, 1934, the Dunedin City
Council (hereinafter called “the said local authority”) stipulated
in certain of the securities issued pursuant to such Order for the
redemption thereof at the option of the said local authority on such
date prior to that specified in the said securities as the said local
authority might fix by notice in that behalf to be published in the
Gazette at least three (3) months before such prior date:

A