972

THE NEW ZEALAND GAZETTE

[No. 66

Road traversing Native Land proclaimed as a Public Road in Block I, Whakatane Survey District, Auckland Land District

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

A PROCLAMATION

WHEREAS the road described in the Schedule hereto traverses Native Land:

And whereas the Native Land Court, by an order made on the nineteenth day of November, one thousand nine hundred and forty-one, and issued pursuant to section four hundred and eighty-four of the Native Land Act, 1931, ordered and declared the said road to be a public road:

And whereas the said Court is of the opinion that it is in the public interest that the said road should be proclaimed as a public road, and a notification to that effect has been forwarded to the Minister of Lands in terms of section four hundred and eighty-six of the Native Land Act, 1931:

And whereas it is now expedient that the said road should be proclaimed as a public road:

Now, therefore, I, Cyril Louis Norton Newall, the Governor-General of the Dominion of New Zealand, in pursuance and exercise of the powers conferred by section four hundred and eighty-seven of the Native Land Act, 1931, do hereby proclaim as a public road the road described in the Schedule hereto.

SCHEDULE

APPROXIMATE area of the piece of land proclaimed as a road:

1 acre 1 rood 38 perches.

Being part Allotment 30A 2, Parish of Rangitaiki, Block I, Whakatane Survey District. (N.L. plan 9800.)

In the Auckland Land District; as the same is more particularly delineated on the plan marked L. and S. 16/539B, deposited in the Head Office, Department of Lands and Survey, at Wellington, under No. 2915, and thereon coloured red.

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 28th day of July, 1943.

J. G. BARCLAY, Minister of Lands.

GOD SAVE THE KING!

(L. and S. 16/539.)

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 House at Wellington, this 11th day of August, 1943

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS the several local authorities enumerated in the Schedule hereto, being desirous of raising the respective loans stated opposite their names therein, 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 in New Zealand by the respective local authorities mentioned in the first column of the said Schedule of the respective loans set out in the second column of the said Schedule, up to the respective amounts specified in the third column of the said Schedule, and in giving such consent doth hereby determine as follows:-

(1) The terms for which the said loans or any parts thereof may be raised shall be the respective terms (in years) stated in the fourth column of the said Schedule.

(2) The rates of interest that may be paid in respect of the said loans or any parts thereof shall be such as shall not produce to the lender or lenders a rate or rates exceeding the respective rates per centum per annum stated in the fifth column of the said Schedule.

(3) The said respective loans or any parts thereof, together with interest thereon, shall be repaid by equal aggregate annual or half-yearly instalments extending over the respective terms as determined in (1) above.

(4) The payment of such instalments shall be made in New Zealand, and no such instalment 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 respective loans or any parts 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.

SCHEDULE

First Column. Name of Local Authority. Second Column. Name of Loan. Third Column. Amount of Loan. Fourth Column. Term of Loan (Years). Fifth Column. Rate of Interest.

Buller County Council ... Carter's Beach Aerodrome Loan, 1941 £ 1,000 20 £ s. d. 3 10 0

Wesport Borough Council ... Aerodrome Loan, 1941 £ 1,000 20 £ s. d. 3 15 0

(T. 40/416/6.)

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

Consenting to the Raising of a Loan of £3,000 by the Buller Hospital Board and prescribing the Conditions thereof

C. L. N. NEWALL, Governor-General

ORDER IN COUNCIL

At the Government House at Wellington, this 28th day of July, 1943

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS the Buller Hospital Board (hereinafter called "the said local authority"), being desirous of raising a loan of three thousand pounds (£3,000), to be known as "Kitchen and Domestic Staff Quarters Loan, 1943" (hereinafter called "the said the loan"), for the purpose of providing additional accommodation for the staff and effecting improvements to the kitchen, 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 for the said purpose up to the amount of three thousand pounds (£3,000), 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 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 exceeding three pounds fifteen shillings (£3 15s.) per centum per annum.

(3) The said local authority shall, before raising the said loan 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 three pounds ten shillings and ninepence (£3 10s. 9d.), such payments to be made in respect of every part of the said loan 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 loan or any part thereof so raised.

(4) The payment of interest and the repayment of principal in respect of the said loan shall be made in New Zealand.

(5) No amount payable as either interest or sinking fund in respect of the said loan 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 loan 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. 49/58/9.)