JUNE 17]

(b) Water-race leading to the power-house hereinafter described:
(c) Water turbine and power-house with all necessary equipment for generating electricity situated on River Reserve, Block VIII, Maruia Survey District :
(d) Tail-race from the said power-house to the Maruia River:
(e) Electric lines leading from the said power-house across Blocks VIII and IV, Maruia Survey District, Block I, Tutaki Survey District, and the Matakiki River to the licensee's Diesel generating station in the Township of Murchison, the said lines being more particularly shown coloured red on the said plans S.H.D. 23 and S.H.D. 31.

5. DURATION OF LICENCE
   Unless sooner lawfully determined, this licence shall continue in force until the 18th day of January, 1963.

6. SYSTEM OF SUPPLY
   The system of supply shall be as described in paragraphs (a) and (f) of clause 21-01 of the Electrical Supply Regulations 1935. The generating voltage shall be 2,400 volts between phases, and the transmission voltage shall be approximately 11,000 volts between phases.

7. RENTAL
   For the purpose of assessing the rental or annual sum payable in respect of this licence, the licensee may install a suitable maximum-demand indicator to the satisfaction of the Inspecting Engineer of the State Hydro-electric Department, and, failing such installation, the rental shall be determined on the maximum capacity of the generating plant installed. The present plant is rated at 150 kilowatts.

8. CHARGES FOR ELECTRICAL ENERGY
   The charges for electrical energy shall not exceed 1s. 3d. per unit for lighting purposes and 6d. per unit for motor-power, heating, or cooking purposes: Providing that “lighting purposes” shall include the operation of motor-generators for lighting purposes; provided, also, that if accounts are paid within fourteen days after due date the charges shall not exceed 1s. and 4½d. respectively.

9. TIME FOR COMPLETION OF WORKS
   The period for completion of the works hereby authorized shall be three years from the date of this licence.

T. J. SHERRARD, Clerk of the Executive Council.
(S.H.D. 10/76/1.)

Consenting to Land being taken for Better Utilization in Block II, Belmont Survey District

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 16th day of June, 1948
Present:
THE RIGHT HON. W. NASH PRESIDING IN COUNCIL
P URSUANT to 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 consent to the land described in the First and Second Schedules hereto being taken for better utilization.

FIRST SCHEDULE
APPROXIMATE area of piece of land permitted to be taken : 100 acres 2 roods 31.6 perches.
Being part Section 108 of the Porirua District.
Situated in Block II, Belmont Survey District. (S.O. 21495.)
In the Wellington Land District ; as the same is more particularly delineated on the plan marked P.W.D. 126063, deposited in the office of the Minister of Works at Wellington, and thereon coloured orange.

SECOND SCHEDULE
APPROXIMATE areas of the pieces of land permitted to be taken :-
A. R. P.
3 2 14.9 Lot 69 on D.P. 1900, being also part Section 61 of the Porirua District, and being the whole of the land comprised and described in Certificate of Title, Volume 316, folio 188 (Wellington Land Registry).
1 1 32.4 Lot 26 on D.P. 1900, being also part Section 61 of the Porirua District, and being also the whole of the land comprised and described in Certificate of Title, Volume 173, folio 272 (Wellington Land Registry).

T. J. SHERRARD, Clerk of the Executive Council.
(P.W. 80/106.)

Consenting to a Leasehold Estate or Interest in Land being taken for Soil-conservation Purposes in Block VII, Patutahi Survey District

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 16th day of June, 1948
Present:
THE RIGHT HON. W. NASH PRESIDING IN COUNCIL
P URSUANT to 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 consent to the leasehold estate or interest in the land described in the Schedule hereto held by Eleanor Matthews, wife of Charles Matthews, of Gisborne, Sheep-farmer, for a term of twenty-one years from the first day of October, one thousand nine hundred and twenty-nine, under and by virtue of Memorandum of Lease No. 5527, Gisborne Land Registry, being taken for soil-conservation purposes.

SCHEDULE
APPROXIMATE area of the piece of land in respect of which the leasehold estate or interest is permitted to be taken: 997 acres 3 roods 7.33 perches.
Being part Section 118, Patutahi Rural, situated in Block VII, Patutahi Survey District, and being the balance of the land comprised and described in Certificate of Title, Volume 13, folio 300 (Gisborne Land Registry).

T. J. SHERRARD, Clerk of the Executive Council.
(P.W. 76/62.)

Consenting to the Raising of Portion (£15,000) of the Mount Albert Borough Council's Loan of £537,500

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 9th day of June, 1948
Present:
THE RIGHT HON. P. FRASER PRESIDING IN COUNCIL
W HEREAS by Order in Council made on the twenty-eighth day of June, one thousand nine hundred and twenty-six, consent was given to the raising by the Mount Albert Borough Council (hereinafter called the said local authority) of the sum of five hundred and thirty-seven thousand five hundred pounds (£537,500), by a loan to be known as “Roading Loan, 1926” (hereinafter called the said loan), of which an amount of thirty-eight thousand two hundred pounds (£38,200) has not been raised:
And whereas by section nine of the Local Authorities Interest Reduction and Loans Conversion Amendment Act, 1934, the authority conferred by the said Order in Council was revoked in so far as it had not been exercised, and it is not now lawful or competent for the said local authority to borrow any moneys to which the said Order in Council relates except in accordance with the provisions of an Order in Council that may be made under section eleven of the Local Government Loans Board Act, 1926:
And whereas it is expedient to authorize the said local authority to borrow on the conditions hereinafter mentioned the sum of fifteen thousand pounds (£15,000) (hereinafter called the said sum), being part of the moneys to which the said Order in Council relates:
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, and by section nine of the Local Authorities Interest Reduction and Loans Conversion Amendment Act, 1934, and of all other powers and authorities enabling him in this behalf, doth hereby consent to the borrowing in New Zealand by the said local authority of the said sum or any part thereof for the purpose for which the said loan was authorized, and in giving such consent doth hereby determine as follows:—
(1) The term for which the said sum or any part thereof may be raised shall be twenty-five (25) years.
(2) The rate of interest that may be paid in respect of the said sum 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 sum 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 such instalment shall be paid out of loan-money.
(5) The rate payable for brokerage, underwriting, and procurement fees in respect of the borrowing of the said sum 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.

T. J. SHERRARD, Clerk of the Executive Council,
(T. 49/212/4.)