21 FEB.] THE NEW ZEALAND GAZETTE 271

Road Closed in Block V, Winton Hundred, Southland County

[L.S.] FREYBERG, Governor-General
A PROCLAMATION

PURSUANT to section 29 of the Public Works Amendment Act 1948, I, Bernard Cyril, Baron Freyberg, the Governor-General of New Zealand, hereby proclaim as closed the portions of road described in the Schedule hereto.

SCHEDULE

APPROXIMATE areas of the pieces of road closed :-

A. R. P. Adjoining
0 0 25 Section 4.
0 0 5 Lot 2, D.P. 3206, being part Section 3.
1 3 12 Sections 3, 18, 25, and closed road.

Situated in Block V, Winton Hundred (Southland R.D.).
(S.O. 5853.)

In the Southland Land District; as the same are more particularly delineated on the plan marked P.W.D. 134087, deposited in the office of the Minister of Works at Wellington, and thereon coloured green.

Given under the hand of His Excellency the Governor-General, and issued under the Seal of New Zealand, this 15th day of February 1952.

W. S. GOOSMAN, Minister of Works.

GOD SAVE THE QUEEN !

(P.W. 70/18/65/0 ; D.O. 28/65/L.)

Road Closed in Blocks XII and XIII, Wairoa Survey District, Wallace County

[L.S.] FREYBERG, Governor-General
A PROCLAMATION

PURSUANT to section 29 of the Public Works Amendment Act 1948, I, Bernard Cyril, Baron Freyberg, the Governor-General of New Zealand, hereby proclaim as closed the portions of road described in the Schedule hereto.

SCHEDULE

Situated in the Wairoa Survey District (Southland R.D.).

In the Southland Land District; as the same are more particularly delineated on the plans marked as above mentioned, deposited in the office of the Minister of Works at Wellington, and thereon coloured green.

Given under the hand of His Excellency the Governor-General, and issued under the Seal of New Zealand, this 15th day of February 1952.

W. S. GOOSMAN, Minister of Works.

GOD SAVE THE QUEEN !

(P.W. 47/292 ; D.O. 18/767)

Consenting to the Raising of Loans by Certain Local Authorities and Prescribing the Conditions Thereof

FREYBERG, Governor-General
ORDER IN COUNCIL

At the Government Buildings at Wellington, this 4th day of February 1952

Present :
THE HON. K. J. HOLYOAKE PRESIDING IN COUNCIL

WHEREAS the several local authorities enumerated in the Schedule hereto, being desirous of raising the respective loans stated opposite their names therein, have respectively 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 loans :

Now, therefore, pursuant to section 11 of the said Act, as set out in section 29 of the Finance Act 1932 (No. 2), His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby consents to the raising in New Zealand by the respective local authorities mentioned in the first column of the said Schedule of the respective loans set out in the second column of the said Schedule, up to the respective amounts specified in the third column of the said Schedule, and in giving such consent hereby determines as follows :-

(1) The terms for which the said loans or any parts thereof may be raised shall not exceed the respective terms (in years) stated in the fourth column of the said Schedule.

(2) The rates of interest that may be paid in respect of the said loans or any parts thereof shall be such as shall not produce to the lender or lenders a rate or rates exceeding the respective rates per centum per annum stated in the fifth column of the said Schedule.

(3) The said respective loans or any parts thereof, together with interest thereon, shall be repaid by equal aggregate annual or half-yearly instalments extending over the respective terms as determined in (1) above.

(4) The payment of such instalments shall be made in New Zealand, and no such instalment shall be paid out of loan-moneys.

(5) The rate payable for brokerage, underwriting, and procurement fees in respect of the raising of the said respective loans or any parts 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.

SCHEDULE

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

(T. 40/416/6)