6 Nov.] THE NEW ZEALAND GAZETTE 1813

Palmerston North Land Valuation Committee Established
H. F. O'LEARY,
Administrator of the Government
ORDER IN COUNCIL
At the Government House at Wellington, this 30th day of October
1952
Present:
HIS EXCELLENCY THE ADMINISTRATOR OF THE GOVERNMENT IN
COUNCIL
PURSUANT to section 19 of the Land Valuation Court Act
1948, and to all other powers and authorities enabling him
in that behalf, His Excellency the Administrator of the Government,
acting by and with the advice and consent of the Executive Council,
hereby establishes and gives name to the Palmerston North Land
Valuation Committee.
T. J. SHERRARD,
Clerk of the Executive Council.
Partially Cancelling a Condition as to Setting-back the Building-line
of Portion of Cowling Road in the County of Taranaki, Imposed by
Order in Council Under Section 128 of the Public Works Act
1928
H. F. O'LEARY,
Administrator of the Government
ORDER IN COUNCIL
At the Government House at Wellington, this 5th day of
November 1952
Present:
HIS EXCELLENCEY THE ADMINISTRATOR OF THE GOVERNMENT
IN COUNCIL
PURSUANT to section 27 of the Public Works Amendment Act
1948, His Excellency the Administrator of the Government,
acting by and with the advice and consent of the Executive Council,
hereby amends the Order in Council dated the 18th day of December
1946, and published in the New Zealand Gazette No. 89 of the 19th day
of the same month, at page 1923, and deposited in the Land Registry
Office at New Plymouth under No. 1660, exempting the northern
side of portion of Cowling Road in the County of Taranaki from the
provisions of section 128 of the Public Works Act 1928, subject to a
condition as to the building-line, by cancelling the condition as to the
building-line imposed by the said Order in Council, in so far as it
affects Lots 1 and 2, D.P. 7099, being part Section 39, Grey District,
situated in Block IV, Paritutu Survey District, and being part of the
land comprised and described in certificate of title, Volume 158,
folio 56 (Taranaki Land Registry).
T. J. SHERRARD,
Clerk of the Executive Council.
(P.W. 51/2140; D.O. 20/393)

Consenting to the Raising of a Loan of £4,800 by the Havelock North
Borough Council and Prescribing the Conditions Thereof
H. F. O'LEARY,
Administrator of the Government
ORDER IN COUNCIL
At the Government House at Wellington, this 29th day of
October 1952
Present:
HIS EXCELLENCY THE ADMINISTRATOR OF THE GOVERNMENT
IN COUNCIL
WHEREAS the Havelock North Borough Council (hereinafter
called the said local authority) proposes to raise a loan of
four thousand eight hundred pounds (£4,800) to be known as
“Recreation Ground (Compensation) Loan 1952” (hereinafter
called the said loan) for the purpose of meeting the payment of
compensation and costs awarded by the Land Valuation Committee
in respect of land taken by the said local authority for the purpose
of a recreation-ground:
Now, therefore, pursuant to section 11 of the Local Government
Loans Board Act 1926, as set out in section 29 of the Finance Act
1932 (No. 2), His Excellency the Administrator of the Government,
acting by and with the advice and consent of the Executive Council,
hereby consents to the raising in New Zealand by the said local
authority of the said loan for the said purpose up to the amount of
four thousand eight hundred pounds (£4,800) and in giving such
consent hereby determines as follows :—

1. The term for which the said loan 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
   loan or any part thereof shall be such as shall not produce to the
   lender or lenders a rate or rates exceeding four pounds (£4) per
   centum per annum.
3. 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 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-money.
5. The rate payable for brokerage, underwriting, and pro-
   curation fees in respect of the raising of the said loan 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. 49/541/9)

Consenting to the Raising of Loans by Certain Local Authorities and Prescribing the Conditions Thereof
H. F. O'LEARY,
Administrator of the Government
ORDER IN COUNCIL
At the Government House at Wellington, this 29th day of October 1952
Present:
HIS EXCELLENCEY THE ADMINISTRATOR OF THE GOVERNMENT 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
Administrator of the Government, 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
   First Column.
   Second Column.
   Third Column.
   Fourth Column.
   Fifth Column.
   Name of Local Authority.
   Name of Loan.
   Amount of Loan.
   Term of Loan.
   Rate of Interest.
   £
   £ s. d.
   Manawatu Catchment Board . .
   Mangatainoka River Scheme Loan 1952,
   1,500
   25
   4 0 0
   £14,450
   Raglan County Council . . . .
   Glen Massey Fire Brigade Loan 1952 . .
   750
   8
   4 0 0
   Tauranga County Council . . . .
   Roads Improvement Loan 1949, £124,425,
   25,000
   15
   4 0 0
   Third Portion £25,000
   T. J. SHERRARD,
   Clerk of the Executive Council.
   (T. 40/416/6)