Nov. 8] THE NEW ZEALAND GAZETTE 1395

the raising in New Zealand by the said local authority of the said
sum or portion thereof up to the amount of one thousand five
hundred pounds (£1,500), 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 four (4) 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 eight pounds ten shillings (£8 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 pro-
curation 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. 49/152/14.)

Varying the Determinations in respect of the Taranaki Electric-power
Board’s Loan of £10,000

C. L. N. NEWALL, Governor-General

ORDER IN COUNCIL

At the Government House at Wellington, this 7th day of
November, 1945

Present :

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS by Order in Council made on the seventeenth day
of January, one thousand nine hundred and forty-five
(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 Taranaki
Electric-power Board (hereinafter referred to as “ the said local
authority ”) of a loan of ten thousand pounds (£10,000), to be known
as “ Reticulation Extension Loan, 1944 ” (hereinafter referred to
as “ the said loan ”) :

And whereas the authority conferred by the said Order in
Council has not yet been exercised, and it is expedient to 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,
1942 (No. 2), and of all other powers and authorities enabling him
in this behalf, doth hereby vary the determinations aforesaid in
respect of the said loan by prescribing as follows :—

(1) In lieu of a rate of interest not exceeding three pounds

ten shillings (£3 10s.) per centum per annum, as specified in clause
two of the said Order in Council, the rate of interest that may be
paid in respect of the said loan 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.
(2) In lieu of repayment by equal aggregate annual or half-
yearly instalments of principal and interest, as specified in clause
three of the said Order in Council, the said loan shall be repaid by
equal half-yearly instalments of principal extending over the term
of the loan as determined in clause one of the said Order in Council.

W. O. HARVEY,
Acting Clerk of the Executive Council.

(T. 49/191/8.)

Declaring Crown Land in the Canterbury Land District to be subject
to the Land for Settlements Act, 1925

C. L. N. NEWALL, Governor-General

WHEREAS the land described in the Schedule hereto (herein-
after referred to as “ the said land ”) is Crown land not
acquired under the Land for Settlements Act, 1925, but is adjacent
to certain land acquired under the said Act and known as the Lees
Valley Settlement and can conveniently be disposed of therewith :

Now, therefore, I, Cyril Louis Norton Newall, the Governor-
General of the Dominion of New Zealand, acting in pursuance and
exercise of the powers and authorities conferred upon me by section
one hundred and five of the said Act, and on the recommendation
of the Land Settlement Board, and after considering the report
of the Canterbury District Land Board, do hereby declare the said
land to be subject to the said Act, to the intent that it shall hereupon
be deemed to be portion of the said Lees Valley Settlement and may
be disposed of accordingly.

SCHEDULE

CANTERBURY LAND DISTRICT

R.S. 36844, situated in Blocks III, IV, VII, and VIII, Upper Ashley
Survey District, and Blocks XV and XVI, Esk Survey District :
Area, 7,670 acres.

As witness the hand of His Excellency the Governor-General,
this 5th day of November, 1945.

C. F. SKINNER, Minister of Lands.

(L. and S. 26/5771.)

Notice of Intention to issue an Order in Council revoking the
Reservation over Part of the Lauder Domain, Otago Land District

C. L. N. NEWALL, Governor-General

WHEREAS by section forty-one of the Public Reserves,
Domains, and National Parks Act, 1928 (hereinafter
referred to as “ the said Act ”), it is provided that the Governor-
General may from time to time by Order in Council, but subject
to compliance with the requirements of subsection two of section
seven of the said Act, declare that the land comprised in a public
domain or part thereof shall cease to be subject to Part II of the
said Act ; and, further, may declare either that such land shall be
a public reserve for the purposes of Part I of the said Act, or Crown
land available for disposal by way of sale for cash under the Land
Act, 1924 :

And whereas the land described in the Schedule hereto is part
of the Lauder Domain, but is not required for domain purposes,
and it is expedient to revoke the reservation over the said land :

Now, therefore, I, Cyril Louis Norton Newall, the Governor-
General of the Dominion of New Zealand, do hereby give notice,
pursuant to subsection two of section seven of the said Act, that it
is my intention to issue an Order in Council under the provisions
of section forty-one of the said Act declaring that the part of the
Lauder Domain, described in the Schedule hereto, shall cease to be
subject to Part II of the said Act, and shall be deemed to be Crown
land available for disposal by way of sale for cash under the Land
Act, 1924.

SCHEDULE

PART OF LAUDER DOMAIN.—OTAGO LAND DISTRICT

ALL that area containing 105 acres 1 rood 5 perches, more or
less, being part of Section 2, Block III, Lauder Survey District,
bounded as follows : Commencing at a point 100 links due south
of the south-western corner of Section 2A, Matakanui Settlement ;
thence by the right lines bearing 89° 58′ 2236·3 links, bearing 163°
37′ 15′ .2764·2 links, bearing 3° 49′ 357 links, bearing 25° 48′ 412·1
links, bearing 31° 52′ 455·1 links, and bearing 263° 28′ 40″ 2588·9
links to the Omakau–Drybread Road ; thence due north along
that road 4058·6 links to the point of commencement : be all the
aforesaid measurements more or less. As the same is delineated
on the plan marked L. and S. 1/291, deposited in the Head Office,
Department of Lands and Survey, at Wellington, and thereon
bordered red.

As witness the hand of His Excellency the Governor-General,
this 1st day of November, 1945.

C. F. SKINNER, Minister of Lands.

(L. and S. 1/291.)

Vesting the Control of a Scenic Reserve in the Lake Kaniere Scenic
Board

C. L. N. NEWALL, Governor-General

IN pursuance and exercise of the powers and authorities con-
ferred upon him by section thirteen of the Scenery Preservation
Act, 1908, His Excellency the Governor-General of the Dominion
of New Zealand doth hereby vest the control of the reserve described
in the Schedule hereto (being land reserved under the said Act),
for the period of five years from the date hereof (unless previously
altered or revoked under the said Act), in the undermentioned
persons, namely —

The Mayor of Hokitika, ex officio,
The Chairman of the Westland County Council, ex officio,
The Commissioner of Crown Lands for the Westland Land
District, ex officio,
The Conservator of Forests for the Westland Forest-conservation
Region, ex officio,
Frederick William Ross,
Ronald Ross,
Charles Lawrence Harper,
Paul Edmund Louis Renton, and
Walter James Radford,

who are hereby constituted for that purpose a special Board by
the name of the Lake Kaniere Scenic Board (herein referred to as
“ the Board ”), in trust, for the preservation of scenery, and with
the powers and subject to the conditions hereinafter contained,
that is to say,—

1. The first meeting of the Board shall be held on Thursday,

the eighth day of November, one thousand nine hundred and forty-
five, at half-past ten o’clock a.m., in the office of the Commissioner
of Crown Lands, Hokitika.
2. The members of the Board shall at their first meeting, and
thereafter at the annual meeting hereinafter mentioned, elect one
of themselves to be Chairman, who may join in the discussion, and
shall have an original as well as a casting vote. The Chairman shall
hold office until the election of his successor.