Mar. 15] THE NEW ZEALAND GAZETTE 319

at the westernmost corner of Section 68, Rosewill Settlement; thence
south-westerly across that bridge and along a public road to the
north-western corner of Rural Section 30665, Block XVI, Opawa
Survey District; thence southerly generally along the western
boundary of the said Rural Section 30665 to the left bank of the
White Rock Stream; thence southerly along the said left bank of
that stream to its intersection with the Main Back Road; thence
southerly generally along that road to its junction with the Otaio
Rabbit District boundary at the south-western corner of Rural Section
31932; thence north-easterly along Colliers Road to the north-western
boundary of Section 1, Pareora No. 2 Settlement; thence north-easterly
and south-easterly along the north-western and north-eastern boundary
of the said Section 1, Pareora No. 2 Settlement, to Andersons Road;
thence easterly generally along that road to its junction with the
Pleasant Valley Road; thence along that road to its junction with
a public road at the north-eastern corner of Section 25, Pareora
No. 2 Settlement; thence southerly along that road to its junction
with a public road at the north-western corner of Section 28, Pareora
No. 2 Settlement; thence easterly along that road to its junction
with a public road at the western boundary of Section 5, Pareora
No. 1 Settlement; thence north-easterly and north-westerly along
that road and north-westerly along the south-western boundary of
Section 1, Pareora No. 1 Settlement; thence north-easterly along
the north-western boundaries of Sections 1, 2, 3, and 4, Pareora
No. 1 Settlement, to the Pareora Main Road; thence south-easterly
along that road to its junction with the Main South Road; thence
southerly along that road to its junction with a road at the south-
western corner of Lot 1, Deposited Plan Number 3774; thence
easterly along that road and the production of its centre-line to a
point on the sea coast being a point on the present eastern boundary
of the County of Waimate; thence northerly generally along that
boundary and the present eastern boundary of the County of Levels
to the point of commencement.

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

(Ag. 64/1/142.)

Consenting to Land Being Taken for a Recreation-ground in the City
of Auckland

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

At the Government Buildings at Wellington, this 13th day of
March, 1951

Present:

THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL

PURSUANT 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, doth hereby consent to the land described in the Schedule hereto
being taken for a recreation-ground.

SCHEDULE

APPROXIMATE areas of the pieces of land permitted to be taken:—

A. R. P. Being
1 3 16 Orakei No. 1, Reserve C, No. 2b, Section 1;
coloured yellow.
1 0 23·3 Orakei No. 1, Reserve C, No. 2a, Section 1;
coloured blue.

Situated in Block VIII, Rangitoto Survey District (City of
Auckland) (Auckland R.D.). (S.O. 36527.)

In the North Auckland Land District; as the same are more
particularly delineated on the plan marked P.W.D. 133758, deposited
in the office of the Minister of Works at Wellington, and thereon
coloured as above mentioned.

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

(P.W. 50/817.)

The North-western Side of Portion of Revell Street in the Borough of
Hokitika, Exempted From the Provisions of Section 128 of the
Public Works Act, 1928

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

At the Government Buildings at Wellington, this 13th day of
March, 1951

Present:

THE RIGHT HON. S. G. HOLLAND PRESIDING 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, doth hereby approve of the following resolution passed by
the Hokitika Borough Council on the 10th day of November, 1948,
in so far as it affects the side and portion of street described in the
Schedule hereto, viz:—

“The Hokitika Borough Council, being the local authority
having control of the streets in the Borough of Hokitika, by
resolution declares that the provisions of section 128 of the Public
Works Act, 1928, shall not apply to the portion of street known as
Revell Street adjoining Sections 89 and 128, Town of Hokitika.”

SCHEDULE

THE north-western side of all that portion of street situated in the
Westland Land District, Borough of Hokitika, known as Revell
Street, fronting Sections 89 and 128, Town of Hokitika. As the
same is more particularly delineated on the plan marked P.W.D.
131737, 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. 51/2264.)

Authorizing the Laying-off of a Street off Forrest Hill Road in the
Borough of Takapuna, Subject to Conditions as to the Building-
line

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

At the Government Buildings at Wellington, this 13th day of
March, 1951

Present:

THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL

PURSUANT to section 31 of the Municipal Corporations Amend-
ment Act, 1948, and section 125 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, doth hereby authorize the Takapuna Borough Council to
permit the laying-off of the proposed street described in the Schedule
hereto at a width for part of its length of less than 66 feet, but not
less than 40 feet, subject to the condition that no building or part
of a building shall at any time be erected on Lots 17 to 23, both
inclusive, of a subdivision of the land fronting the said street (as
shown on the plan marked P.W.D. 132952, referred to in the Schedule
hereto) within a distance of 48 feet from the centre-line of the said
street, or on Lots 24, 25, and 26 of the said subdivision within a
distance of 43 feet from the centre-line of the said street, or on Lot
27 of the said subdivision within a distance of 28 feet from the centre-
line of the said street.

SCHEDULE

THAT proposed street in the North Auckland Land District, Borough
of Takapuna, containing by admeasurement 1 rood 31·7 perches,
more or less, being part Lots 6 and 9, D.P. 9547, being part Allotment
190, Parish of Takapuna. As the same is more particularly delineated
on the plan marked P.W.D. 132952, 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. 51/3423.)

Consenting to the Raising of a Loan of £100,000 by the Dunedin City
Council and Prescribing the Conditions Thereof

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

At the Government Buildings at Wellington, this 27th day
of February, 1951

Present:

THE HON. K. J. HOLYOAKE PRESIDING IN COUNCIL

WHEREAS the Dunedin City Council (hereinafter called the
said local authority), being desirous of raising a loan of one
hundred thousand pounds (£100,000), to be known as “Electricity
Distribution Loan, 1950” (hereinafter called the said loan) for
the purpose of completing the works for which the Electricity
Distribution Loan, 1946, £280,000, was authorized, 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 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 loan for the said purpose up to the
amount of one hundred thousand pounds (£100,000), 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 (20) 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 five
shillings (£3 5s.) per centum per annum.

(3) The said local authority shall, before raising the said loan
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 five pence
(£3 14s. 5d.), such payments to be made in respect of every part
of the said loan 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 com-
puted on the said loan or any part thereof so raised.

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

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

(6) The rate payable for brokerage, underwriting, and pro-
curation fees in respect to the raising of the said loan 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. 49/254/42.)