584
THE NEW ZEALAND GAZETTE
[No. 31

powers and authorities enabling him in this behalf, doth hereby consent to the raising by the said local authority of the said loan for the said purpose up to the amount of eight hundred pounds (£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 be seven (7) 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 a rate exceeding three pounds ten shillings (£3 10s.) per centum per annum.

(3) The said loan or any part thereof, together with interest thereon, shall be repaid by equal aggregate annual instalments extending over the term as determined in (1) above.

(4) 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. 49/443.)

Consenting to the Raising of the Balance (£11,850) of the Birkenhead Borough Council’s Loan of £41,850 and Prescribing the Conditions Thereof

B. C. FREYBERG, Governor-General

ORDER IN COUNCIL

At the Government House at Wellington, this 26th day of April, 1950

Present :

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS by Order in Council made on the 14th day of April, 1948, and subject to the determinations as to borrowing and repayment therein set out, consent was given to the raising by the Birkenhead Borough Council (hereinafter called the said local authority) of a loan of forty-one thousand eight hundred and fifty pounds (£41,850) to be known as “ Roads and Water Reticulation Loan, 1947 ” (hereinafter called the said loan) :

And whereas, the authority conferred by the said Order in Council has lapsed in accordance with the provisions of clause 6 of the said Order in Council, and it is not now lawful or competent for the said local authority to raise the said loan or any portion thereof except in accordance with the provisions of a further Order in Council that may be issued pursuant to section 11 of the Local Government Loans Board Act, 1926, (hereinafter called the said Act) :

And whereas, an amount of eleven thousand eight hundred and fifty pounds (£11,850) (hereinafter called the said sum) has not yet been raised, and is expedient to authorize the said local authority to raise the said sum on the conditions hereinafter set out :

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 11 of the said Act, as set out in section 29 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 sum up to the amount of eleven thousand eight hundred and fifty pounds (£11,850) 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 not exceed 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 or rates 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 instalments shall be paid out of loan-moneys.

(5) The rate payable for brokerage, underwriting, and procuration 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.

(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. 49/346/10.)

Land Acquired Under Section 4, Valuation of Land Amendment Act, 1933

B. C. FREYBERG, Governor-General

ORDER IN COUNCIL

At the Government House at Wellington, this 10th day of May, 1950

Present :

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

PURSUANT to subsection (7) of section 4 of the Valuation of Land Amendment Act, 1933, 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 declare the lands firstly and secondly described in the Schedule hereto to be vested in His Majesty for the purposes of Part III of the Coal-mines Act, 1925.

SCHEDULE

TARANAKI LAND DISTRICT

FIRSTLY, all that area of land containing by admeasurement 39·81 perches, more or less, being part of Sections 8 and 10, Block III, Town of Ohura, and being the whole of the land comprised in certificate of title, recorded in the Taranaki District Land Registry in Register-book, Volume 156, folio 230.

Secondly, all that area of land containing by admeasurement 1 rood, more or less, being Section 14, Block IV, Town of Ohura, and being the whole of the land comprised in certificate of title, recorded in the Taranaki District Land Registry in Register-book, Volume 93, folio 79.

T. J. SHERRARD.
Clerk of the Executive Council.

The South-western Side of Portion of Elizabeth Street, in the Borough of Balclutha, 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 17th day of May, 1950

Present :

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

PURSUANT to section 128 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 Balclutha Borough Council on the 26th day of October, 1949, in so far as it affects the side and portion of street described in the Schedule hereto, viz :—

“ The Balclutha Borough Council, being the local authority having control of the streets in the Borough of Balclutha, by resolution declares that the provisions of section 128 of the Public Works Act, 1928, shall not apply to the south-western side of the portion of Elizabeth Street adjoining Lot 1, Block II, Deeds Plan 74, being part Section 4, Block XXXV, Clutha Survey District, being balance of the land in certificate of title, Volume 35, folio 273, Otago Land Registry.”

SCHEDULE

THE south-western side of all that portion of street situated in the Borough of Balclutha, Otago Land District, known as Elizabeth Street, fronting Allotment 1, Block II, Deeds Plan 74, being part Section 4, Block XXXV, Clutha District. As the same is more particularly delineated on the plan marked P.W.D. 131322, deposited in the office of the Minister of Works at Wellington, and thereon coloured red.

T. J. SHERRARD,
Clerk of the Executive Council.

(P.W. 51/84.)

Revoking Delegation of Power of Appointing and Removing Trustees for Parkhurst Cemetery

B. C. FREYBERG, Governor-General

ORDER IN COUNCIL

At the Government House at Wellington, this 10th day of May, 1950

Present :

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

PURSUANT to the Cemeteries Act, 1908, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, doth hereby revoke, in so far only as it relates to the Parkhurst Cemetery, an Order in Council delegating powers under the said Act of appointing and removing trustees, made on the 27th day of April, 1934, and published in the Gazette on the 3rd day of May, 1934, at page 1217.

T. J. SHERRARD,
Clerk of the Executive Council.

(H.C. 50/5.)

Vesting the Control of a Reserve in the Fortrose Hall Board

B. C. FREYBERG, Governor-General

ORDER IN COUNCIL

At the Government House at Wellington, this 17th day of May, 1950

Present :

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS the land described in the Schedule hereto is a reserve duly set apart for a site for a public hall : And whereas it is expedient that the control of the said reserve should be vested in a special Board as hereinafter provided :

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 exercise of the powers and authorities conferred upon him by section seventeen of the Public Reserves, Domains, and National Parks Act, 1928, doth hereby vest the control of the reserve described in the Schedule