Revoking the Reservation over Reserves in Blocks III, V, and VI, Orari Survey District, Canterbury Land District

MICHAEL MYERS,

Administrator of the Government

ORDER IN COUNCIL

At the Government House at Wellington, this 29th day of May, 1946

Present:

HIS EXCELLENCY THE ADMINISTRATOR OF THE GOVERNMENT IN COUNCIL

IN pursuance and exercise of the powers and authorities conferred upon him by subsection one (b) of section seven of the Public Reserves, Domains, and National Parks Act, 1928, His Excellency the Administrator of the Government of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby revoke the reservation for gravel-pit purposes over the lands described in the Schedule hereto; and doth hereby declare that the said lands, being vested in the Crown, are Crown lands available for disposal under the Land Act, 1924.

SCHEDULE

CANTERBURY LAND DISTRICT

RESERVE 1480, Block VI, Orari Survey District: Area, 5 acres, more or less.

Reserve 1791, Block V, Orari Survey District: Area, 5 acres, more or less.

Reserve 1971, Block III, Orari Survey District: Area, 5 acres, more or less.

W. O. HARVEY,

Acting Clerk of the Executive Council

(L. and S. 21/149/2627 and 6/5/334.)

Domain Board appointed to have Control of the Waiotira Domain

MICHAEL MYERS,

Administrator of the Government

ORDER IN COUNCIL

At the Government House at Wellington, this 29th day of May, 1946

Present:

HIS EXCELLENCY THE ADMINISTRATOR OF THE GOVERNMENT IN COUNCIL

IN pursuance and exercise of the powers conferred by section forty-four of the Public Reserves, Domains, and National Parks Act, 1928, His Excellency the Administrator of the Government of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby appoint Edgar Alan Cliff, Clarence James Howie, Vivian George Cliff, Theophilus Alexander Snell, George Mason, James Thomas, and William Snelgar to be the Waiotira Domain Board, having control of the land described in the Schedule hereto; and doth hereby appoint Saturday, the twenty-second day of June, one thousand nine hundred and forty-six, at half past seven o'clock p.m., as the time when, and the Waiotira Public Hall, as the place where, the first meeting of the Board shall be held.

SCHEDULE

NORTH AUCKLAND LAND DISTRICT.—WAIOTIRA DOMAIN

ALL that area in the Whangarei County, containing by admeasurement 5 acres 2 roods 17.7 perches, more or less, being Lots 63, 79, 80, 81, 82, and 83 (D.P. 14912), being part of Allotment S.W. 15, Parish of Waikiekie, and part of Allotment 79, Parish of Tauraroa. As the same is more particularly delineated on a plan marked L. and S. 1/910B, deposited in the Head Office, Department of Lands and Survey, at Wellington, and thereon edged red.

W. O. HARVEY,

Acting Clerk of the Executive Council.

(L. and S. 1/910.)

Consenting to the Raising of a Loan of £1,200 by the Kamo Town Board and prescribing the Conditions thereof

MICHAEL MYERS,

Administrator of the Government

ORDER IN COUNCIL

At the Government House at Wellington, this 29th day of May, 1946

Present:

HIS EXCELLENCY THE ADMINISTRATOR OF THE GOVERNMENT IN COUNCIL

WHEREAS the Kamo Town Board (hereinafter called the said local authority), being desirous of raising a loan of one thousand two hundred pounds (£1,200), to be known as Waterworks Supplementary Loan, 1946 (hereinafter called the said loan), for the purpose of completing the work for which the Waterworks Loan, 1945, £12,000, was raised, 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 Administrator of the Government 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 one thousand two hundred pounds (£1,200), 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 seven shillings and sixpence (£3 7s. 6d.) 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 twelve shillings and sevenpence (£3 12s. 7d.), 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 procurement 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.

W. O. HARVEY,

Acting Clerk of the Executive Council

(T. 49/406/2.)

Consenting to the Raising of a Loan of £64,000 by the Hawera Borough Council and prescribing the Conditions thereof

MICHAEL MYERS,

Administrator of the Government

ORDER IN COUNCIL

At the Government House at Wellington, this 29th day of May, 1946

Present:

HIS EXCELLENCY THE ADMINISTRATOR OF THE GOVERNMENT IN COUNCIL

WHEREAS the Hawera Borough Council (hereinafter called the said local authority), being desirous of raising a loan of sixty-four thousand pounds (£64,000), to be known as Duplication Loan, 1945 (hereinafter called the said loan), for the purpose of increasing and improving the supply of water to the borough, 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 Administrator of the Government 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 sixty-four thousand pounds (£64,000), 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 thirty-five (35) 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 of lenders a rate or rates exceeding three pounds ten shillings (£3 10s.) per centum per annum.

(3) The said loan 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 instalments shall be paid out of loan-moneys.

(5) The rate 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-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. 49/139/10.)