B. C. FREYBERG, Governor-General
ORDER IN COUNCIL

At the Government House at Wellington, this 28th day of
August, 1946
Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL
Pursuant to section one hundred and twenty-eight of the Public Works Act, 1928, 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, doth hereby approve of the following resolution passed by the Dunedin City Council on the first day of July, one thousand nine hundred and forty-six, viz:—

"That the Dunedin City Council, being the local authority having control of the streets in the City of Dunedin, by resolution declares that the provisions of section one hundred and twenty-eight of the Public Works Act, 1928, shall not apply to the south-western side of the portion of Stafford Avenue adjoining Lots 1 and 2, Deeds Plan 72, and Lot 1, D.P. 3481, being part Section 26, Block IV, Town of Dunedin, such land being comprised and described in Certificates of Title 58/34 and 227/10";

subject to the condition that no building or part of a building shall at any time be erected on the land fronting the south-western side of the portion of Stafford Avenue (described in the Schedule hereto) within a distance of thirty-three feet from the centre-line of the said portion of street.

SCHEDULE

THE south-western side of all that portion of street situated in the Otago Land District, City of Dunedin, known as Stafford Avenue, fronting Lots 1 and 2, Deeds Plan 72, Town of Dunedin, and Lot 1, D.P. 3481, Town of Dunedin. As the same is more particularly delineated on the plan marked P.W.D. 123877, deposited in the office of the Minister of Works at Wellington, and thereon coloured red.

W. O. HARVEY, Clerk of the Executive Council.
(P.W. 51/2018.)

Consenting to the Raising of a Loan of £425 by the Lumsden Town Board and prescribing the Conditions thereof

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL

At the Government House at Wellington, this 21st day of August, 1946
Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL
WHEREAS the Lumsden Town Board (hereinafter called the said local authority) proposes, pursuant to the provisions of section thirty of the Soil Conservation and Rivers Control Act, 1941, to raise a loan of four hundred and twenty-five pounds (£425), to be known as River Protection Works Loan, 1946 (hereinafter called the said loan), for the purpose of meeting its share of the cost of river-protection works at Lumsden:

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 by the said local authority of the said loan for the said purpose up to the amount of four hundred and twenty-five pounds (£425), and in giving such consent doth hereby determine as follows:

(1) The term for which the said loan or any part thereof may be borrowed shall not exceed five (5) 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 a rate exceeding three pounds fifteen shillings (£3 15s.) per centum per annum.

(3) The said loan or any part thereof, together with interest thereon, shall be repaid by equal aggregate annual instalments extending over the term as determined in (1) above.

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

W. O. HARVEY, Clerk of the Executive Council.
(T. 49/734.)

Consenting to the Raising of a Loan of £20,000 by the Waitomo Electric-power Board and prescribing the Conditions thereof

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL

At the Government House at Wellington, this 21st day of August, 1946
Present:

HIS EXCELLENCE THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS the Waitomo Electric-power Board (hereinafter called the said local authority), being desirous of raising a loan of twenty thousand pounds (£20,000), to be known as Reticulation and Building Loan, 1946 (hereinafter called the said loan), for the purpose of providing further reticulation of the Board's district and providing additions and alterations to existing offices, workshops, and storerooms at Te Kuiti and Otorohanga, 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 twenty thousand pounds (£20,000), 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 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 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, Clerk of the Executive Council.
(T. 49/176/6.)