SCHEDULE.

Date of Order in Block affected. Gazette Reference.
Council.
17th April, 1940 Pakarikari 1A .. 24th April, 1940,
page 765.
24th July, 1940 Pakarikari 1B 3 1st August, 1940,
page 1700.
6th August, 1941 Pakarikari 2C 1B 14th August, 1941,
page 2534.

W.O. HARVEY,
Acting Clerk of the Executive Council.
(N.D. 19/5/38; M. 538.)

Setting apart Native Land as a Native Reservation.

C. L. N. NEWALL, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 18th day
of February, 1942.

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

PURSUANT to section five of the Native Purposes Act,
1937, His Excellency the Governor-General, acting
by and with the advice and consent of the Executive Council,
doeth hereby set apart and reserve the Native freehold land
described in the Schedule hereto as a Native Reservation for
the common use of the owners as a "papakainga" and place
of historical interest.

SCHEDULE.
Block. Area. Survey District.
Omahu 2B .. 14 0 17 Heretaunga.

W. O. HARVEY,
Acting Clerk of the Executive Council.
(N.D. 12/714.)

Consenting to the Raising of Portion (£6,700) of the Pahiatua
County Council's Loan of £22,000 and prescribing the
Conditions thereof.

C. L. N. NEWALL, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 18th day of
February, 1942.

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 a loan of
twenty-two thousand pounds (£22,000) to be known as
"Bridges Loan, 1938" (hereinafter called "the said loan"):

And whereas the authority conferred by the said Order in
Council has not been exercised to the extent of eight thousand
pounds (£8,000):

And whereas the authority has lapsed in accordance with
the provisions of clause six of the said Order in Council, and
it is now not lawful or competent for the said local authority
to raise this amount or any portion thereof except in accord-
ance with the provisions of a further Order in Council that
may be issued pursuant to section eleven of the Local Govern-
ment Loans Board Act, 1926 (hereinafter called "the said
Act"):

And whereas the said local authority is desirous of raising
a further portion of the said loan amounting to six thousand
seven hundred pounds (£6,700) (hereinafter called "the said
sum"), and it is expedient to authorize the said local authority
to raise the said sum on the conditions hereinafter set out:

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,
doeth hereby consent to the raising in New Zealand by the
said local authority of the said sum up to the amount of six
thousand seven hundred pounds (£6,700) for the purpose for
which the said loan was authorized, and in giving such consent
doeth hereby determine as follows:

(1) The term for which the said sum or any part thereof
may be borrowed 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 exceeding three pounds ten
shillings (£3 10s.) 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 instalments shall be paid out of loan-
moneys.
(5) The rate payable for brokerage, underwriting, and
procuration 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.

W. O. HARVEY,
Acting Clerk of the Executive Council.
(T. 49/169/12.)

Consenting to the Raising of the Balance (£10,000) of a Loan
of £25,000 by the Springs-Ellesmere Electric-power Board
and prescribing the Conditions thereof.

C. L. N. NEWALL, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 18th day of
February, 1942.

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by Order in Council made on the second day
of May, one thousand nine hundred and thirty-nine
(hereinafter called "the said Order in Council"), and subject
to the determinations as to borrowing and repayment therein
set out, consent was given to the raising by the Springs-
Ellesmere Electric-power Board (hereinafter called "the said
local authority") of a loan of twenty-five thousand pounds
(£25,000) to be known as "Reticulation Loan, 1939" (here-
inafter called "the said loan"):

And whereas the authority conferred by the said Order in
Council has not yet been exercised to the extent of ten
thousand pounds (£10,000):

And whereas the authority has lapsed in accordance with
the provisions of clause six thereof and it is not now lawful or
competent for the said local authority to raise any further
portion of the said loan except in accordance with the pro-
visions of a further Order in Council that may be issued
pursuant to section eleven of the Local Government Loans
Board Act, 1926 (hereinafter called "the said Act"):

And whereas it is expedient to authorize the said local
authority to raise the balance of the said loan amounting to
ten thousand pounds (£10,000) (hereinafter called "the said
sum") on the conditions hereinafter mentioned:

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 sum or portion thereof up
to the amount of ten thousand pounds (£10,000), 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-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 exceeding three pounds ten
shillings (£3 10s.) 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.

W. O. HARVEY,
Acting Clerk of the Executive Council.
(T. 49/282/9.)