436

And whereas portion of the said loan amounting to two hundred and thirty-nine thousand and forty pounds (£239,040) (hereinafter called the said sum) has not yet been raised and it is expedient to vary certain of the determinations aforesaid in respect of the said sum:

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 Governor-General, acting by and with the advice and consent of the Executive Council, hereby varies the determinations aforesaid in respect of the said sum by prescribing as follows:—

1. In lieu of a term of eight (8) years, as specified in clause 1 of the said Order in Council, the term for which the said sum or any part thereof may be raised shall not exceed seven (7) years.

2. In lieu of a rate of interest not exceeding three pounds five shillings (£3 5s.) per centum per annum, as specified in clause 2 of the said Order in Council, 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 four pounds (£4) per centum per annum.

3. No moneys shall be borrowed under the consent given by the said Order in Council after the expiration of four (4) years from the date thereof.

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

(T. 49/168/82)

Varying the Determinations in Respect of the Amuri County Council’s Loan of £6,000

C. W. M. NORRIE, Governor-General ORDER IN COUNCIL

At the Government House at Wellington, this 4th day of March 1953

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS by Order in Council made on the 3rd day of April 1951 (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 Amuri County Council (hereinafter called the said local authority) of a loan of six thousand pounds (£6,000) to be known as “‘Workers’ Dwellings Loan 1951'” (hereinafter called the said loan):

And whereas the said loan has not yet been raised and it is expedient to vary certain of the determinations aforesaid in respect of the said loan:

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 Governor-General, acting by and with the advice and consent of the Executive Council, hereby varies certain of the determinations aforesaid in respect of the said loan by prescribing as follows:—

1. In lieu of a rate of interest not exceeding three pounds five shillings (£3 5s.) per centum per annum, as specified in clause 2 of the said Order in Council, 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.

2. No moneys shall be borrowed under the consent given by the said Order in Council after the expiration of four (4) years from the date thereof.

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

(T. 49/252/15)

Varying the Determinations in Respect of the Wellington City Council’s Loan of £10,000

C. W. M. NORRIE, Governor-General ORDER IN COUNCIL

At the Government House at Wellington, this 4th day of March 1953

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS by Order in Council made on the 7th day of September 1949 (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 by the Wellington City Council (hereinafter called the said local authority) of a loan of ten thousand pounds (£10,000) to be known as ‘‘Street Widening Loan 1950’’ (hereinafter called the said loan):

And whereas the said loan has not yet been raised and it is expedient to vary certain of the determinations aforesaid in respect thereof:

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 Governor-General, acting by and with the advice and consent of the Executive Council, hereby varies certain of the determinations aforesaid in respect of the said loan by prescribing as follows:—

1. In lieu of a term of fifteen (15) years, as specified in clause 1 of the said Order in Council, the term for which the said loan or any part thereof may be raised shall not exceed ten (10) years.

2. In lieu of a rate of interest not exceeding three pounds five shillings (£3 5s.) per centum per annum, as specified in clause 2 of the said Order in Council, 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. In lieu of payments being made to the sinking fund established in accordance with clause 3 of the said Order in Council at the rate of five pounds seven shillings and sixpence (£5 7s. 6d.) per centum, the payments shall be made at the rate of eight pounds fourteen shillings and sixpence (£8 14s. 6d.) per centum.

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

(T. 49/168/108)

The Northern Side of Portion of Torquay Terrace, in the City of Wellington, Exempted From the Provisions of Section 128 of the Public Works Act 1928, Subject to a Condition as to the Building-line

C. W. M. NORRIE, Governor-General ORDER IN COUNCIL

At the Government House at Wellington, this 11th day of March 1953

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

PURSUANT to section 128 of the Public Works Act 1928, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby approves of the following resolution passed by the Wellington City Council on the 13th day of August 1952, in so far as it affects the side and portion of street described in the Schedule hereto, viz.:—

“‘The Wellington City Council, being the local authority having control of the streets in Wellington City, by resolution declares that the provisions of section 128 of the Public Works Act 1928, shall not apply to the northern side of the portion of Torquay Terrace adjoining that part of Section 938, Town of Wellington, being all (or part) of the land in certificate of title, Volume 402, folio 62 (Wellington Registry).”

subject to the condition that no building or part of a building shall at any time be erected on the land fronting the northern side of the portion of Torquay Terrace (described in the Schedule hereto) within a distance of 25 ft. from the centre-line of the said portion of street.

SCHEDULE

THE northern side of all that portion of street, situated in the Wellington Land District, City of Wellington, known as Torquay Terrace, fronting part Section 938, Town of Wellington. As the same is more particularly delineated on the plan marked P.W.D. 139572, 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. 51/3635; D.O. 9/335)

Declaring an Access-way to be Under the Control and Management of the Paparua County Council

C. W. M. NORRIE, Governor-General ORDER IN COUNCIL

At the Government House at Wellington, this 11th day of March 1953

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

PURSUANT to section 6 of the Housing Amendment Act 1940, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby orders and declares that the access-way described in the Schedule hereto shall, on and after the date of this Order in Council, be under the control and management of the Paparua County Council.

SCHEDULE

APPROXIMATE area of the access-way dealt with: 16·8 perches. Being Lot 86, D.P. 15781, and being part Rural Section 110. Situated in Block X, Christchurch Survey District, and being part of the land comprised and described in certificate of title, Volume 515, folio 185 (Canterbury Land Registry).

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

(P.W. 54/778/13; D.O. 4/2/194)