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 Local Government Loans Board Act, 1926, 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 vary certain
of the determinations aforesaid in respect of the said loan by pre-
scribing that in lieu of provision being made for the repayment of
the said loan by the establishment of a sinking fund in respect thereof,
as specified in clause (3) of the said Order in Council, the said loan
or any part thereof, together with interest thereon, shall be repaid
by equal aggregate annual or half-yearly instalments extending over
the term of fourteen (14) years, as specified in clause (1) of the said
Order in Council.

T. J. SHERRARD,
Clerk of the Executive Council.
(T. 49/233/35.)
Varying the Determinations in Respect of the Invercargill City
Council's Loan of £253,000
B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 20th day of
December, 1950
Present:
THE HON. K. J. HOLYOAKE PRESIDING IN COUNCIL
WHEREAS by Order in Council made on the 26th day of July,
1950 (hereinafter called the said Order in Council), and
subject to the determinations as to borrowing and repayment
therein set out, consent was given to the raising in New Zealand
by the Invercargill City Council (hereinafter called the said local
authority) of an amount of forty thousand pounds (£40,000) being
portion of a loan of two hundred and fifty-three thousand pounds
(£253,000) known as "Water Supply and Drainage Loan, 1949";
And whereas the said amount of forty thousand pounds (£40,000)
has not yet been raised and it is expedient to vary certain of the
determinations aforesaid in respect of part of the said amount of
forty thousand pounds (£40,000) amounting to five thousand pounds
(£5,000) (hereinafter called 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 Local Government Loans Board Act, 1926,
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
vary certain of the determinations aforesaid in respect of the said
sum by prescribing that in lieu of provision being made for the
repayment of the said sum by the establishment of a sinking fund
in respect thereof, as specified in clause (3) of the said Order in
Council, the said sum shall be repaid by the annual redemption of
debentures on the dates set out in the first column of the Schedule
hereto of the amounts stated opposite each such date in the second
column of the said Schedule : Provided that the said local authority
shall, in respect of the redemption of the debenture for five hundred
pounds (£500) maturing on the 1st day of March, 1956, and 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 eighteen pounds sixteen
shillings and eightpence (£18 16s. 8d.), 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 debenture.
SCHEDULE
First Column.
Second
Column.
Date.
Amount.
First Column.
Second
Column.
Date.
Amount.
£
1st March, 1956 .. 500 1st March, 1969 .. 200
1st March, 1957 .. 100 1st March, 1970 .. 200
1st March, 1958 .. 100 1st March, 1971 .. 200
1st March, 1959 .. 100 1st March, 1972 .. 200
1st March, 1960 .. 100 1st March, 1973 .. 200
1st March, 1961 .. 100 1st March, 1974 .. 200
1st March, 1962 .. 200 1st March, 1975 .. 200
1st March, 1963 .. 200 1st March, 1976 .. 200
1st March, 1964 .. 200 1st March, 1977 .. 200
1st March, 1965 .. 200 1st March, 1978 .. 200
1st March, 1966 .. 200 1st March, 1979 .. 200
1st March, 1967 .. 200 1st March, 1980 .. 200
1st March, 1968 .. 200 1st March, 1981 .. 200
T. J. SHERRARD,
Clerk of the Executive Council.
(T. 49/233/38, 39, 40.)
Varying the Determinations in Respect of the Invercargill City
Council’s Loan of £87,000
B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 20th day of
December, 1950
Present:
THE HON. K. J. HOLYOAKE PRESIDING IN COUNCIL
WHEREAS by Order in Council made on the 26th day of July,
1950 (hereinafter called the said Order in Council), and
subject to the determinations as to borrowing and repayment
therein set out, consent was given to the raising in New Zealand
by the Invercargill City Council (hereinafter called the said local
authority) of an amount of thirty thousand pounds (£30,000) being
portion of a loan of eighty-seven thousand pounds (£87,000) known
as “Amalgamated Area Street Works and Services Loan, 1948”:
And whereas the said amount of thirty thousand pounds
(£30,000) has not yet been raised and it is expedient to vary certain
of the determinations aforesaid in respect of part of the said amount
of thirty thousand pounds (£30,000) amounting to five thousand
pounds (£5,000) (hereinafter called 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 Local Government Loans Board Act, 1926,
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
vary certain of the determinations aforesaid in respect of the said
sum by prescribing that in lieu of provision being made for the
repayment of the said sum by the establishment of a sinking fund
in respect thereof, as specified in clause (3) of the said Order in
Council, the said sum shall be repaid by the annual redemption of
debentures on the dates set out in the first column of the Schedule
hereto of the amounts stated opposite each such date in the second
column of the said Schedule : Provided that the said local authority
shall, in respect of the redemption of the debenture for four hundred
pounds (£400) maturing on the 1st day of March, 1956, and 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 eighteen pounds sixteen
shillings and eightpence (£18 16s. 8d.), 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 debenture.
SCHEDULE
First Column.
Second
Column.
Date.
Amount.
First Column.
Second
Column.
Date.
Amount.
£
1st March, 1956 .. 400 1st March, 1972 .. 200
1st March, 1957 .. 100 1st March, 1973 .. 200
1st March, 1958 .. 100 1st March, 1974 .. 200
1st March, 1959 .. 100 1st March, 1975 .. 200
1st March, 1960 .. 100 1st March, 1976 .. 200
1st March, 1961 .. 100 1st March, 1977 .. 200
1st March, 1962 .. 100 1st March, 1978 .. 200
1st March, 1963 .. 100 1st March, 1979 .. 200
1st March, 1964 .. 100 1st March, 1980 .. 200
1st March, 1965 .. 100 1st March, 1981 .. 200
1st March, 1966 .. 100 1st March, 1982 .. 200
1st March, 1967 .. 100 1st March, 1983 .. 200
1st March, 1968 .. 100 1st March, 1984 .. 200
1st March, 1969 .. 100 1st March, 1985 .. 200
1st March, 1970 .. 100 1st March, 1986 .. 200
1st March, 1971 .. 200
T. J. SHERRARD,
Clerk of the Executive Council.
(T. 49/233/36.)
Varying the Determinations in Respect of the Invercargill City Council’s
Loan of £105,000
B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 20th day of
December, 1950
Present:
THE HON. K. J. HOLYOAKE PRESIDING IN COUNCIL
WHEREAS by Order in Council made on the 1st day of March,
1950 (hereinafter called the said Order in Council), and
subject to the determinations as to borrowing and repayment
therein set out, consent was given to the raising in New Zealand
by the Invercargill City Council (hereinafter called the said local
authority) of a loan of one hundred and five thousand pounds
(£105,000) to be known as “Gasworks Loan, 1950” (hereinafter
called the said loan):