1528
THE NEW ZEALAND GAZETTE
[No. 51

Authorizing the Ashburton Electric-power Board to Erect and Use Electric Lines in Part of the Ashburton County

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

At the Government House at Wellington, this 2nd day of August, 1950

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

PURSUANT to the Public Works Act, 1928, and the Electric-power Boards Act, 1925, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, doth hereby authorize the Ashburton Electric-power Board (hereinafter with its successors and assigns referred to as the licensee), subject to the conditions hereinafter set forth, to lay, construct, put up, place, and use the electric lines described in the Schedule hereto; and, further, for the purposes of section 76 of the Electric-power Boards Act, 1925, subject to the said conditions, doth hereby authorize the licensee to construct and maintain the said electric works.

CONDITIONS

1. IMPLIED CONDITIONS

THE conditions directed to be implied in all licences by the Electrical Supply Regulations 1935, and the Electrical Wiring Regulations 1935 shall be incorporated herein and shall form part of this licence, except in so far as the same may be inconsistent with the provisions hereof.

2. LICENCE SUBJECT TO REGULATIONS

The licence hereby conferred is subject to compliance by the licensee with the Electrical Supply Regulations 1935, the Electrical Wiring Regulations 1935, the Radio Interference Regulations 1934, and with any regulations hereafter made in amendment thereof or in substitution therefor respectively.

3. SYSTEM OF SUPPLY

The system of supply shall be as described in paragraphs (a), (d), (e), and (f) of clause 21-01 of the Electrical Supply Regulations 1935. The primary distribution voltage shall be 6,600 volts between phases.

4. DURATION OF LICENCE

This licence shall, unless sooner lawfully determined, continue in force until the 7th day of June, 1965.

SCHEDULE

LINES adapted for the supply of electrical energy by the system of supply hereinbefore described within that part of the County of Ashburton described in the Proclamation dated the 28th day of June, 1950, and published in the New Zealand Gazette on the 6th day of July, 1950, at page 858, the electric lines at present proposed to be erected and used being shown by means of yellow lines on the plan marked S.H.D. 115, deposited in the office of the Minister in Charge of the State Hydro-electric Department.

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

(S.H.D. 10/20/1.)

Consenting to Stopping Road in Block VII, Kaipara Survey District, Waitemata County

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

At the Government House at Wellington, this 2nd day of August, 1950

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

PURSUANT to section 149 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 consent to the Waitemata County Council stopping the portion of road described in the Schedule hereto.

SCHEDULE

APPROXIMATE area of the piece of road permitted to be stopped: 1 rood 2·5 perches.

Adjoining or passing through road in Proclamation 12540.

Situated in Block VII, Kaipara Survey District (Auckland R.D.). (S.O. 35521.)

In the North Auckland Land District; as the same is more particularly delineated on the plan marked P.W.D. 131960, deposited in the office of the Minister of Works at Wellington, and thereon coloured green.

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

(P.W. 34/2312.)

Consenting to the Raising of Portion (£30,000) of the Invercargill City Council’s Loan of £80,000 and Prescribing the Conditions Thereof

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

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

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS the Invercargill City Council (hereinafter called the said local authority) being desirous of raising a loan of eighty thousand pounds (£80,000) to be known as “Street Works and Services Loan, 1948” (hereinafter called the said loan), for the purpose of undertaking street works and providing services in the city including the provision of a motor-vehicle testing station, has complied with the provisions of the Local Government Loans Board Act, 1926 (hereinafter called the said Act):

And whereas the said local authority is arranging to raise a portion of the said loan amounting to thirty thousand pounds (£30,000) (hereinafter called the said sum) 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 sum:

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 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 sum or any part thereof may be raised shall not exceed twenty (20) 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 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 three pounds fourteen shillings and fivepence (£3 14s. 5d.), 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 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 procurement 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. 49/233/37.)

Consenting to the Raising of Portion (£30,000) of the Invercargill City Council’s Loan of £87,000 and Prescribing the Conditions Thereof

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

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

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS the Invercargill City Council (hereinafter called the said local authority) being desirous of raising a loan of eighty-seven thousand pounds (£87,000) to be known as “Amalgamated Area Street Works and Services Loan, 1948” (hereinafter called the said loan), for the purpose of undertaking street works and providing services in areas amalgamated with the city, has complied with the provisions of the Local Government Loans Board Act, 1926 (hereinafter called the said Act):

And whereas the said local authority is arranging to raise a portion of the said loan amounting to thirty thousand pounds (£30,000) (hereinafter called the said sum) 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 sum:

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