76
THE NEW ZEALAND GAZETTE
[No. 5

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 Buildings at Wellington, this 23rd day of January, 1946

Present:

THE RIGHT HON. W. NASH PRESIDING 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 local authorities shall, before raising the said respective loans or any parts thereof, make provision for the repayment thereof by establishing sinking funds under the Local Bodies' Loans Act, 1926, or under such other statutory enactment as may be applicable in any respective case, and shall thereafter make payments to such sinking funds at intervals of not more than one year, at a rate or rates per centum which shall be not less than the respective rates stated in the sixth column of the said Schedule, such payments to be made in respect of every part of the said respective loans for the time being so borrowed and not repaid, the first such payment in each respective case to be made not later than one year after the first day from which interest to the lender or lenders is computed on any loan or part thereof so raised.

(4) No amount payable as either interest or sinking fund in respect of the said loans 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 respective loans or any parts thereof shall not in the aggregate exceed one-half per centum of any amount raised.

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

(7) No moneys shall be borrowed under this consent after the expiration of two years from the date hereof.

SCHEDULE

(T. 40/416/6.)

T. J. SHERRARD,
Acting Clerk of the Executive Council.

Government Railways Appeal Board.—Appointment of Chairman

C. L. N. NEWALL, Governor-General

PURSUANT to section nine of the Government Railways Amendment Act, 1927, I, Cyril Louis Norton Newall, the Governor-General of the Dominion of New Zealand, hereby appoint as a member and as Chairman of the Government Railways Appeal Board James Alexander Gilmour, of Wellington, Stipendiary Magistrate, to hold office from and including the first day of January, one thousand nine hundred and forty-six, to and including the thirty-first day of December, one thousand nine hundred and forty-seven.

As witness the hand of His Excellency the Governor-General, this 18th day of January, 1946.

R. SEMPLE Minister of Railways.

Declaring Crown Land in the Auckland 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 (hereinafter 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 Reporoa 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 Auckland 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 Reporoa Settlement and may be disposed of accordingly.

SCHEDULE

AUCKLAND LAND DISTRICT

ALL that area containing 3 acres 0 roods 4·5 perches, being part Section 50s, Reporoa Settlement, Block X, Paeroa Survey District. As the same is more particularly delineated on plan marked P.W.D. 89547, deposited in the office of the Minister of Works at Wellington, and thereon coloured red.

As witness the hand of His Excellency the Governor-General, this 21st day of January, 1946.

B. ROBERTS,
For the Minister of Lands.

(L. and S. 21/162.)

Trustees for South Malvern Cemetery appointed

C. L. N. NEWALL, Governor-General

PURSUANT to section 55 of the Cemeteries Act, 1908, I, Cyril Louis Norton Newall, the Governor-General of the Dominion of New Zealand, do hereby appoint the

Malvern County Council

to be the trustees of the cemetery, within the meaning of the said Act known as the South Malvern Cemetery, being the land described in the Schedule hereto, and to have the control and management thereof.

SCHEDULE

SOUTH MALVERN CEMETERY

RESERVE 2408, Block VIII, Hororata Survey District, Canterbury Land District: Area, 20 acres, more or less.

As witness the hand of His Excellency the Governor-General, this 15th day of January, 1946.

A. H. NORDMEYER, Minister of Health.

(H.C. 46/2.)

Cessation of War with Siam

HIS Excellency the Governor-General has it in command from His Majesty the King to declare that the state of war which has existed between His Majesty and the Government of Siam ceased, in respect of New Zealand, at 8.30 p.m., New Zealand Standard Time, on the 1st day of January, 1946.

Given at Auckland, this 28th day of January, 1946.

C. L. N. NEWALL, Governor-General.

W. NASH,
For the Prime Minister.