1376

THE NEW ZEALAND GAZETTE

[No. 56

SECOND SCHEDULE
Lines adapted for the supply of electrical energy by the system of supply hereinbefore described, such lines being shown by a red line on the plan marked P.W.D. 123871, deposited in the office of the Minister of Works.

THIRD SCHEDULE
Clause 9 of the Schedule to the Order in Council dated the 6th day of October, 1924, and published in the Gazette on the 9th day of the same month, and clause 2 of the First Schedule to the Order in Council dated the 12th day of April, 1938, and published in the Gazette on the 21st day of the same month, are hereby revoked, and the following clause is substituted therefor :-

“ SYSTEM OF SUPPLY
“The system of supply shall be as described in paragraphs (a), (c), (d), (e), (f), and (j) of clause 21-01 of the Electrical Supply Regulations 1935. The system of supply authorized under paragraph (j) shell be a single conductor earth-return system. The primary distribution voltages shall be 11,000 volts between phases and 6,600 volts between phases in the case of the three-phase extra-high pressure and high-pressure systems of supply, 11,000 volts and 6,600 volts between conductors in the case of the two-wire extra high pressure and high-pressure systems of supply, and 11,000 volts between the conductor and earth in the case of the earth-return system of supply. The use of the earth-return system of supply shall be subject to such terms and conditions as are from time to time laid down by the General Manager of the State Hydro-electric Department.”

W. O. HARVEY, Clerk of the Executive Council.
(S.H.D. 26/1176/1.)

Revoking a Licence authorizing William Reid and Sons, Limited, of Arrowtown, to use Water for the Purpose of generating Electricity and to erect and use Electric Lines

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington, this 17th day of September, 1947
Present:
His Excellency THE GOVERNOR-GENERAL IN COUNCIL
Pursuant to the Public Works Act, 1928, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, and with the consent of the licensee, doth hereby revoke the Order in Council dated the nineteenth day of September, one thousand nine hundred and thirty-two, and published in the Gazette on the twenty-second day of the same month, at page 2032, authorizing William Reid and Sons, Limited, of Arrowtown, Millers, to use water for the purpose of generating electricity and to erect and use electric lines.

W. O. HARVEY, Clerk of the Executive Council.
(S.H.D. 11/20/142.)

Consenting to the Raising of a Loan of £6,900 by the Wairoa Borough Council and prescribing the Conditions thereof

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington, this 17th day of September, 1947
Present:
His Excellency THE GOVERNOR-GENERAL IN COUNCIL
WHEREAS the Wairoa Borough Council (hereinafter called the said local authority), being desirous of raising a loan of six thousand nine hundred pounds (£6,900), to be known as “ Housing Renewal Loan, 1947” (hereinafter called the said loan), for the purpose of redeeming on the tenth day of October, one thousand nine hundred and forty-seven, the outstanding liability in respect of the two portions raised of the Housing Loan, 1938, 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 six thousand nine hundred pounds (£6,900), 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-two (22) 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 (£3) 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) No amount shall be payable for brokerage, underwriting, or procurement fees in respect of the raising of the said loan or any part thereof.

(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. 49/379/11.)

Consenting to the Raising of Loans by certain Local Authorities and prescribing the Conditions thereof

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington, this 17th day of September, 1947
Present:
His Excellency THE GOVERNOR-GENERAL 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 respective loans or any parts thereof, together with interest thereon, shall be repaid by equal aggregate annual or half-yearly instalments extending over the respective terms as determined in (1) above.

(4) The payment of such instalments shall be made in New Zealand, and no such instalment 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) No moneys shall be borrowed under this consent after the expiration of two years from the date hereof.

SCHEDULE

First Column. | Second Column. | Third Column. | Fourth Column. | Fifth Column.
Name of Local Authority. | Name of Loan. | Amount of Loan. | Term of Loan (Years). | Rate of Interest.
--- | --- | --- | --- | ---
Awatere County Council... | Machinery Loan, 1947... | £ 7,000 | 8 | 3 5 0
Wellington Hospital Board.. | Nurses' Home Wellington Block No. 2 Loan, 1947.. | £ 70,000 | 25 | 3 5 0

W. O. HARVEY, Clerk of the Executive Council.
(T. 40/416/6.)