332
THE NEW ZEALAND GAZETTE
[No. 15

eastern boundary of part of Lot 2, as shown on the plan numbered 3569, deposited as aforesaid, being parts of Allotments 277 and 278 of the said Parish of Hautapu, to and along the generally south-eastern and north-eastern boundaries of part of Allotment 336 and the north-eastern boundary of Allotment 287, both allotments being of the said Parish of Hautapu, to the point of commencement; save and excepting thereout the Borough of Matamata, as described in New Zealand Gazette of 1934, page 3772, and the Town District of Putaruru, as described in New Zealand Gazette of 1926, page 2617.

THIRD SCHEDULE

TAOTAOROA RIDING, MATAMATA COUNTY

ALL that area in the Auckland Land District, situated in the County of Matamata, bounded by a line commencing at the southernmost corner of Section 3 of Block VI, Cambridge Survey District, and running north-easterly generally along the south-eastern boundary of the said Section 3 and the southern side of a public road to a point in line with the south-eastern boundary of Section 3s, Te Miro Settlement; thence along a right line across the said public road, to and along the south-eastern boundary of the said Section 3s, the south-eastern boundary of Section 76s of the said settlement, a right line across the Te Miro Road, to and along the south-eastern boundaries of Section 6s of the said settlement, and Maungakawa B Nos. 1 and 2 Blocks, the southern boundaries of Tawawhakaporo Block, as shown on the plan numbered 27844, deposited in the office of the District Land Registrar at Auckland, and Lot 7 and part of Lot 8, as shown on the plan numbered 17890, deposited as aforesaid, being parts of Te Pae O Turawaru Nos. 2c 2 and 2c 1 Blocks, to the southernmost corner of the last-mentioned lot; thence southerly generally along the south-western boundaries of Lots 22 and 21, as shown on the plan numbered 17891, deposited as aforesaid, being parts of Te Tapui B No. 2 Block, the south-western boundary of Te Tapui B No. 1 Block, the western boundaries of part Te Tapui A Block, Section 3 of Block VIII, Cambridge Survey District, Lot 1, as shown on the plan numbered 31286, deposited as aforesaid, being part of Section 136, Matamata Settlement, part of Lot 1, as shown on the plan numbered 9575, deposited as aforesaid, being part of Section 135 of the said Matamata Settlement, a right line across Buckland's Road, to and along the western boundaries of Lot 1, as shown on the plan numbered 32830, deposited as aforesaid, being part of the said Section 135, part of Lot 1, as shown on the plan numbered 30676, deposited as aforesaid, being part of the said Section 135, and part of Section 134 of Matamata Settlement aforesaid, Lot 2, as shown on the plan numbered 14420, deposited as aforesaid, part of Lot 1, as shown on the plan numbered 9048, deposited as aforesaid, and Lot 1, as shown on the plan numbered 31921, deposited as aforesaid, the said lots being parts of the said Section 134, along a right line across Taotaoroa Road, to and along the western boundaries of Section 132 of the said Matamata Settlement, Lots 1 and 2, as shown on the plan numbered 24661, deposited as aforesaid, being parts of Section 131 of the said Matamata Settlement, Sections 130 and 129 of the said Matamata Settlement, crossing the intersecting Hamilton-Rotorua State Highway, and a right line across another public road, to and along the western boundary of a fishing reserve, and a right line being that boundary produced to the middle of the Waikato River; thence north-westerly generally down the middle of the said river to the eastern boundary of the Borough of Cambridge, as described in New Zealand Gazette of 1886, page 985; thence northerly along the said eastern boundary to the middle of the Karapiro Stream; thence up the middle of that stream to a point in line with the eastern boundary of Lot 2, as shown on the plan numbered 31473, deposited as aforesaid, being parts of Allotments 238, 239, 277, 277A, 278, 279, and 279A of the Parish of Hautapu; thence north-easterly generally along a right line, to and along the eastern boundary of the said Lot 2, to and along the south-western and south-eastern boundaries of the northern part of Allotment 240 of the said parish, the abutment and the eastern side of the public road forming the eastern boundaries of the said part Allotment 240 and the said Lot 2, and a right line across French Pass Road, to and along the eastern boundary of part of Lot 2, as shown on the plan numbered 3569, deposited as aforesaid, being parts of Allotments 277 and 278 of the said parish, to and along the generally south-eastern and north-eastern boundaries of part of Allotment 336 of the said parish, and along the north-eastern boundary of Allotment 287 of the said parish to the point of commencement.

Given under the hand of His Excellency the Governor-General of the Dominion of New Zealand, and issued under the Seal of that Dominion, this 15th day of March, 1947.

EDWARD CULLEN,
For the Minister of Internal Affairs.

GOD SAVE THE KING!

(I.A. 103/10/27.)

Consenting to the Raising of a Loan of £1,800 by the Mackenzie County Council and prescribing the Conditions thereof

B. C. FREYBERG, Governor-General

ORDER IN COUNCIL

At the Government Buildings at Wellington, this 12th day of March, 1947

Present:

THE RIGHT HON. P. FRASER PRESIDING IN COUNCIL

WHEREAS the Mackenzie County Council (hereinafter called the said local authority), being desirous of raising a loan of one thousand eight hundred pounds (£1,800), to be known as “Aorangi Hall Loan, 1946” (hereinafter called the said loan), for the purpose of purchasing the Aorangi Hall in Fairlie Township for use as a public hall, 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 one thousand eight hundred pounds (£1,800), 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 eighteen (18) 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 five shillings (£3 5s.) per centum per annum.

(3) The said loan or any part thereof shall be repaid by annual instalments of principal of not less than one hundred pounds (£100) each, extending over the term as determined in (1) above.

(4) The payment of interest and principal in respect of the said loan shall be made in New Zealand.

(5) No amount payable either as interest or as principal in respect of the said loan shall be paid out of loan-money.

(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, Clerk of the Executive Council.

(T. 49/257/10.)

Consenting to the Raising of a Loan of £858,000 by the Dunedin City Council and prescribing the Conditions thereof

B. C. FREYBERG, Governor-General

ORDER IN COUNCIL

At the Government Buildings at Wellington, this 12th day of March, 1947

Present:

THE RIGHT HON. P. FRASER PRESIDING IN COUNCIL

WHEREAS the Dunedin City Council (hereinafter called the said local authority), being desirous of raising a loan of eight hundred and fifty-eight thousand pounds (£858,000), to be known as “Transport and Streets Reconstruction Loan, 1946” (hereinafter called the said loan), for the purpose of (a) replacing the whole of the existing city passenger transport systems with an electric trolley bus system, £700,000; (b) paving tramway track areas and reconstructing streets on the trolley bus routes, £72,000; and (c) widening and regrading Albert Street, £86,000, 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 eight hundred and fifty-eight thousand pounds (£858,000), 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 exceeding three pounds five shillings (£3 5s.) 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 calculated as follows:—

(a) In respect of that portion of the said loan amounting to seven hundred thousand pounds (£700,000) specified in purpose (a) above, at a rate or rates per centum which shall be not less than two pounds five shillings (£2 5s.) over the first ten (10) years of the term, as specified in (1) above, and not less than five pounds thirteen shillings and elevenpence (£5 13s. 11d.) over the remaining ten (10) years of the term.

(b) In respect of that portion of the said loan amounting to one hundred and fifty-eight thousand pounds (£158,000) specified in purposes (b) and (c) above, at a rate or rates per centum which shall be not less than three pounds twelve shillings and sevenpence (£3 12s. 7d.) over the whole term of twenty (20) years as specified in (1) above.