SEPT. 4] THE NEW ZEALAND GAZETTE 1159

The Northern Side of Portion of Ross Street, in the Borough of West Harbour, exempted from the Provisions of Section 128 of the Public Works Act, 1928, subject to a Condition as to the Building-line

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington, this 3rd day of September, 1947

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 West Harbour Borough Council on the fifth day of August, one thousand nine hundred and forty-seven, viz. :—

“ The West Harbour Borough Council, being the local authority having control of streets in the Borough of West Harbour, by resolution declares that the provisions of section one hundred and twenty-eight of the Public Works Act, shall not apply to the northern side of that portion of Ross Street, Borough of West Harbour, fronting Lots 4, 5, 6, 7, and 8, Block V, Township of Rothesay Extension No. 2, Block IX, North Harbour and Blueskin Survey District ” ;

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

SCHEDULE

THE northern side of all that portion of street situated in the Otago Land District, Borough of West Harbour, known as Ross Street, fronting Lots 4, 5, 6, 7, and 8, Block V, D.P. 28, Township of Rothesay Second Extension. As the same is more particularly delineated on the plan marked P.W.D. 125799, 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. 51/154.)

Portion of Cornwall Road, in the Borough of Lyttelton, exempted from the Provisions of Section 128 of the Public Works Act, 1928, subject to a Condition as to the Building-line

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington, this 3rd day of September, 1947

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 Lyttelton Borough Council on the seventh day of July, one thousand nine hundred and forty-seven, viz. :—

“ The Lyttelton Borough Council, being the local authority having control of the streets in the Borough of Lyttelton, by resolution declares that the provisions of section one hundred and twenty-eight of the Public Works Act, 1928, shall not apply to the portion of Cornwall Road fronting on the land comprised in Certificate of Title, Volume 253, folio 175, being part of R.S. 193 ” ;

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

SCHEDULE

ALL that portion of street situated in the Canterbury Land District, Borough of Lyttelton, known as Cornwall Road, fronting Lots 1, 2, 3, and 4, Plan 13432, part of Rural Section 193. As the same is more particularly delineated on the plan marked P.W.D. 125923, 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. 51/87.)

The North-eastern Side of Portion of Woodhaugh Street, in the City of Dunedin, exempted from the Provisions of Section 128 of the Public Works Act, 1928

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington, this 27th day of August, 1947

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 twenty-eighth day of July, one thousand nine hundred and forty-seven, 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 north-eastern side of the portion of Woodhaugh Street adjoining Lot 24, Township of Woodhaugh, such land being comprised and described in Certificate of Title 41/260 ” ;

such portion of street being described in the Schedule hereto.

SCHEDULE

THE north-eastern side of all that portion of street situated in the Otago Land District, City of Dunedin, known as Woodhaugh Street, fronting Lot 24, D.P. 56, Township of Woodhaugh. As the same is more particularly delineated on the plan marked P.W.D. 125964, 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. 51/2036.)

Consenting to the Raising of a Loan of £30,000 by the Springs-Ellesmere Electric-power Board and prescribing the Conditions thereof

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington, this 27th day of August, 1947

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS the Springs-Ellesmere Electric-power Board (hereinafter called the said local authority), being desirous of raising a loan of thirty thousand pounds (£30,000), to be known as “ No. 7 Reticulation Loan, 1946 ” (hereinafter called the said loan), for the purpose of further reticulating the Board's district, 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 thirty thousand pounds (£30,000), 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-five (25) 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 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 two pounds thirteen shillings and one penny (£2 13s. 1d.), 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-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. 49/282/12.)