May 18]

Consenting to the Raising of a Loan of £3,250 by the Makerua Drainage Board and prescribing the Conditions thereof

C. L. N. NEWALL, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington, this 17th day of May, 1944
Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL
WHEREAS the Makerua Drainage Board (hereinafter called "the said local authority"), being desirous of raising a loan of three thousand two hundred and fifty pounds (£3,250), to be known as "Pumping Plant Loan, 1943" (hereinafter called "the said loan"), for the purpose of providing two pumping plants with necessary floodgates in the Central Area Special-rating District, 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 two hundred and fifty pounds (£3,250), and in giving such consent doth hereby determine as follows:-
(1) The terms 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 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 five pounds three shillings and eightpence (£5 3s. 8d.), 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. 49/232/15.)

Revoking Order in Council licensing the Rotoiti Timber Company (Limited) to occupy a Part of the Foreshore and Land below Low-water Mark at Ngongotaha and Maeroa, Lake Rotorua, as Sites for Jetties

C. L. N. NEWALL, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 10th day of May, 1944
Present:

THE HON. D. G. SULLIVAN PRESIDING IN COUNCIL
WHEREAS by Order in Council dated the twenty-seventh day of February, one thousand nine hundred and thirty-five, and published in the Gazette of the seventh day of the following month, at page 618, the Rotoiti Timber Company (Limited), of Wellington (hereinafter called "the company," which term shall include its successors and assigns unless the context requires a different construction), was licensed to occupy a part of the foreshore and land below low-water mark at Ngongotaha and Maeroa, Lake Rotorua, as sites for jetties:
And whereas the company has applied to have the said Order in Council of the twenty-seventh day of February, one thousand nine hundred and thirty-five, revoked:

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, in pursuance and exercise of the power and authority vested in him by the Harbours Act, 1923, and of all other powers and authorities enabling him in that behalf, and acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby revoke the hereinbefore-recited Order in Council of the twenty-seventh day of February, one thousand nine hundred and thirty-five, as from the thirty-first day of March, one thousand nine hundred and forty-four.
C. A. JEFFERY, Clerk of the Executive Council.

Foreshore License.--Boat-jetty, Pounawea, Otago

C. L. N. NEWALL, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 10th day of May, 1944
Present:

THE HON. D. G. SULLIVAN 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 license and permit the Clutha County Council (hereinafter called "the Council", which term shall include its successors or assigns, unless the context requires a different construction), to use and occupy a part of the foreshore at Pounawea, Otago, as shown on approved plan marked M.D. 4587, and deposited in the office of the Marine Department at Wellington, for the purpose of maintaining a boat-jetty thereon as shown on the said plan, such license to be held and enjoyed by the Council upon and subject to the terms and conditions set forth in the Schedule hereto.
SCHEDULE
CONDITIONS

1. THIS license is subject to the Foreshore License Regulations 1940, and the provisions of those regulations shall, so far as applicable, apply hereto.
2. The annual sum payable by the Council shall be one shilling (1s.), payable on demand.
3. The term of the license shall be fourteen years from the 17th day of April, 1944.
4. The master of every vessel discharging ballast at the said boat-jetty shall have all such ballast taken away and deposited above high-water mark, or at such place as may be approved by the Minister or by any person appointed by the Minister for that purpose.
   C. A. JEFFERY, Clerk of the Executive Council.

Foreshore License.--Leyland O'Brien Timber Company, Limited. --Landing-stage, Mangatete Stream, Awanui

C. L. N. NEWALL, Governor-General.
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 10th day of May, 1944
Present:

THE HON. D. G. SULLIVAN 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 license and permit the Leyland O'Brien Timber Company, Limited, of Auckland (hereinafter called "the company", which term shall include its successors or assigns, unless the context requires a different construction), to use and occupy a part of the foreshore of the Mangatete Stream at Awanui, as shown on approved plan marked M.D. 4591 and deposited in the office of the Marine Department at Wellington, for the purpose of maintaining thereon a landing-stage as shown on the said plan, such license to be held and enjoyed by the company upon and subject to the terms and conditions set forth in the Schedule hereto.
SCHEDULE
CONDITIONS

1. THIS license is subject to the Foreshore License Regulations 1940, and the provisions of those regulations shall, so far as applicable, apply hereto.
2. The premium payable by the company shall be one pound (£1) and the annual sum so payable one pound (£1).
3. The term of the license shall be five years from the 2nd day of May, 1944.
4. The master of every vessel discharging ballast at the said landing-stage shall have all such ballast taken away and deposited above high-water mark, or at such place as may be approved by the Minister or by any person appointed by the Minister for that purpose.
   C. A. JEFFERY, Clerk of the Executive Council.