Aug. 26] THE NEW ZEALAND GAZETTE 1083

(3) The said local authority shall, before raising the said sum
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 five pounds seven shillings and sixpence (£5 7s. 6d.),
such payments to be made in respect of every part of the said sum
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
sum or any part thereof so raised.

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

(5) No amount payable as either interest or sinking fund in
respect of the said sum shall be paid out of loan-moneys.

(6) The rate payable for brokerage, underwriting, and pro-
curation fees in respect of the raising of the said sum 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.

T. J. SHERRARD, Clerk of the Executive Council.
(T. 49/293/6.)

Validating Proceedings in Connection with the Te Awamutu Borough
Council’s Loan of £6,000

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

At the Government House at Wellington, this 18th day of
August, 1948

Present:

His Excellency the Governor-General in Council

WHEREAS the Te Awamutu Borough Council is proceeding
by way of special order to raise a loan of six thousand
pounds (£6,000), to be known as “Transit Housing Continuation
Loan, 1948” (hereinafter called the said loan):

And whereas the proceedings in connection with the said loan
were irregular or defective in that, although the two public notifica-
tions in respect of the raising of the said loan as required by paragraph
(c) of section sixty-two of the Municipal Corporations Act, 1933,
as set out in paragraph (a) of section five of the Municipal
Corporations Amendment Act, 1938, were given during the period
of twenty-eight days immediately preceding the date of the
subsequent meeting confirming the resolution to raise the said loan,
there was an interval of less than fourteen days between the two
notifications:

And whereas it appears that the ratepayers of the district have
not been misled by such irregularity or defect as aforesaid, and it is
expedient to validate the same:

Now, therefore, His Excellency the Governor-General of the
Dominion of New Zealand, in pursuance and exercise of the powers
and authorities conferred on him by section one hundred and
twenty-two of the Local Bodies’ Loans Act, 1926, and acting by and
with the advice and consent of the Executive Council of the said
Dominion, doth hereby order and declare that the proceedings
in connection with the said loan shall be valid to all intents and
purposes as though the said public notifications had been correctly
given, and that the validity of the proceedings in connection with
the said loan, or of the security for the said loan, shall not be called
in question by reason only of the irregularity or defect aforesaid.

T. J. SHERRARD, Clerk of the Executive Council.
(T. 49/151/14.)

Varying the Determinations in Respect of Balances of Loans Thereof
being Raised by the Hastings Borough Council

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

At the Government House at Wellington, this 18th day of
August, 1948

Present:

His Excellency the Governor-General in Council

WHEREAS by Order in Council made on the ninth day of
October, one thousand nine hundred and forty-six (herein-
after called the said Order in Council), and subject to the deter-
minations as to borrowing and repayment therein set out, consent
was given to the raising by the Hastings Borough Council (herein-
after called the said local authority) of the respective loans specified
in the first column of the Schedule hereto up to the respective
amounts specified in the second column of the said Schedule:

And whereas portions of the said respective loans, as specified
in the third column of the said Schedule (hereinafter called the said
respective sums), have not yet been raised, and it is expedient to
vary the determinations in respect of the said respective sums by
extending the term within which the said respective sums may be
raised:

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 vary the determinations aforesaid in respect of
the said respective sums by prescribing that no moneys shall be
borrowed under the consent given by the said Order in Council
after the expiration of four years from the date thereof.

SCHEDULE

T. J. SHERRARD, Clerk of the Executive Council.
(T. 49/132/7 and 8.)

Directing Application of Moneys received in respect of the Thorpe Domain, Nelson Land District, for the Purposes of the Dovedale Domain

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

At the Government House at Wellington, this 18th day of
August, 1948

Present:

His Excellency the Governor-General in Council

IN pursuance and exercise of the powers and authorities conferred
by section sixty-one of the Public Reserves, Domains, and
National Parks 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
direct that from the moneys received in respect of the Thorpe Domain
described in the First Schedule hereto, and at the date hereof lying
to the credit of the said domain, a sum not exceeding ten pounds
shall be applied in managing, administering, and improving the
Dovedale Domain, described in the Second Schedule hereto.

FIRST SCHEDULE

NELSON LAND DISTRICT.—THORPE DOMAIN

SECTIONS 28 and 29, Village of Thorpe: Area, 4 acres 2 roods 29·5
perches, more or less.

SECOND SCHEDULE

NELSON LAND DISTRICT.—DOVEDALE DOMAIN

ALL that area containing 8 acres 0 roods 3 perches, more or less,
being part of Section 72, Square 2, Block II, Wai-iti Survey District,
being more particularly shown on Deposited Plan 1181, and being
all the land contained in Certificate of Title, Volume 83, folio 112
(Nelson Registry).

T. J. SHERRARD, Clerk of the Executive Council.
(L. and S. 1/914 and 1/725.)

Domain Board appointed to have Control of the Gimmerburn Domain

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

At the Government House at Wellington, this 25th day of
August, 1948

Present:

His Excellency the Governor-General in Council

IN pursuance and exercise of the powers conferred by section
forty-four of the Public Reserves, Domains, and National
Parks 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
appoint

Mabel Orma Doreen Blakely,
Gerald Edgar Cronshaw Clarke,
Paul Reginald Henry Clarke,
Leo Charles Spedderi Dougherty,
Agnes Helm,
James Scott Paterson,
Nisbet James Scott,
Struan Robertson Stringer, and
Finlayson Weir

to be the Gimmerburn Domain Board, having control of the land
described in the Schedule hereto; and doth hereby appoint Monday,
the twentieth day of September, one thousand nine hundred and
forty-eight, at eight o’clock p.m., as the time when, and the Gimmer-
burn Hall, Gimmerburn, as the place where, the first meeting of the
Board shall be held.

SCHEDULE

OTAGO LAND DISTRICT.—GIMMERBURN DOMAIN

SECTION 36, Block IV, Gimmerburn Survey District: Area, 5 acres
and 14 perches, more or less.

T. J. SHERRARD, Clerk of the Executive Council.
(L. and S. 1/1191.)