1224

THE NEW ZEALAND GAZETTE

[No. 91

Proclaiming a Road-line laid out through Ngatimanuhiakai Block, Block III, Waimate Survey District, Taranaki Land District, to be a Public Road

[l.s.] C. L. N. NEWALL, Governor-General

A PROCLAMATION

WHEREAS the land described in the Schedule hereto was, by an order of the Native Land Court made on the fifth day of May, one thousand nine hundred and twenty-one, duly laid out as a road-line in pursuance of section forty-eight of the Native Land Amendment Act, 1913:

And whereas the said Court is of the opinion that it is in the public interest that the said road-line 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 one month’s notice in writing of the intention to proclaim the said road-line as a public road has been given by the Surveyor-General to the local authority of the district concerned, in terms of subsection two of section four hundred and eighty-seven of the Native Land Act, 1931:

And whereas it is now expedient that the said road-line 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-line described in the Schedule hereto.

SCHEDULE

APPROXIMATE area of the piece of land proclaimed as a road: 10 acres 3 roods 37·5 perches.

Being portion of Ngatimanuhiakai Block.

Situated in Block III, Waimate Survey District. (S.O. plan 7986.)

In the Taranaki Land District; as the same is more particularly delineated on the plan marked L. and S. 16/2907, deposited in the Head Office, Department of Lands and Survey, at Wellington, under No. 2919, and thereon coloured pink.

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 18th day of October, 1943.

J. G. BARCLAY, Minister of Lands.

GOD SAVE THE KING!

(L. and S. 16/2907.)

Consenting to the Raising of a Loan of £1,477,175 by the Auckland City Council and prescribing the Conditions thereof

C. L. N. NEWALL, Governor-General

ORDER IN COUNCIL

At the Government House at Wellington, this 13th day of October, 1943

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS under the authority of clause sixteen of the Auckland City Loans Conversion Order, 1934, the Auckland 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 securities as the said local authority might fix in that behalf by notice to be published in the Gazette at least six (6) months before such prior date:

And whereas the said local authority proposes, in exercise of such option, to redeem on the first day of February, one thousand nine hundred and forty-four, certain of such securities amounting in the aggregate to the sum of one million four hundred and seventy-seven thousand one hundred and seventy-five pounds (£1,477,175), the dates specified in such securities for the redemption thereof being the first day of January in each year from the year one thousand nine hundred and forty-five to the year one thousand nine hundred and sixty-seven (both years inclusive):

And whereas the said local authority, being desirous for the purpose of giving effect to such proposal of raising a loan of one million four hundred and seventy-seven thousand one hundred and seventy-five pounds (£1,477,175), to be known as “Redemption Loan, 1944” (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 one million four hundred and seventy-seven thousand one hundred and seventy-five pounds (£1,477,175), 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-three (23) 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 by annual instalments of principal on each date set out in the first column of the Schedule hereto of the amount stated opposite such date in the second column of the said Schedule.

SCHEDULE

(4) It shall not be necessary to establish a separate sinking fund for the redemption loan of one million four hundred and seventy-seven thousand one hundred and seventy-five pounds (£1,477,175), 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 Auckland City Council Loans Conversion Order, 1934, shall be construed as if the debentures amounting to one million four hundred and seventy-seven thousand one hundred and seventy-five pounds (£1,477,175) redeemed on the first day of January, one thousand nine hundred and forty-four, had not been redeemed as at that date but had been redeemed on the several dates specified in clause three hereof.

(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 procurement 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 the amount of the loan.

(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. 49/121/35.)

Varying the Determinations in respect of the Ashburton Hospital Board’s Loan of £10,000

C. L. N. NEWALL, Governor-General

ORDER IN COUNCIL

At the Government House at Wellington, this 13th day of October, 1943

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS by Order in Council made on the nineteenth day of May, one thousand nine hundred and forty-three (hereinafter referred to as “the said Order in Council”), and subject to the determinations as to borrowing and repayment therein set out, consent was given to the raising in New Zealand by the Ashburton Hospital Board (hereinafter referred to as “the said local authority”) of a loan of ten thousand pounds (£10,000), to be known as “Supplementary Building Loan, 1942” (hereinafter referred to as “the said loan”):

And whereas by Order in Council made on the ninth day of June, one thousand nine hundred and forty-three, the determinations aforesaid were varied to provide for repayment by equal half-yearly instalments of principal:

And whereas the authority conferred by the said Order in Council has not yet been exercised, and it is expedient to again vary the determinations aforesaid in respect 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),