Varying the Determinations in Respect of Portion (£25,000)
of the North Auckland Electric-power Board's Loan of
£100,000

C. W. M. NORRIE, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 13th day of
April 1953
Present:
THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL
WHEREAS by Order in Council made on the 21st day of
May 1952 and subject to the determinations as to
borrowing and repayment therein set out, consent was given
to the raising in New Zealand by the North Auckland
Electric-power Board (hereinafter called the said local
authority) of a loan of one hundred thousand pounds
(£100,000) to be known as “Reticulation Loan 1952”
(hereinafter called the said loan):
And whereas by Order in Council made on the 3rd day
of September 1952 certain of the determinations aforesaid
were varied in respect of portion of the said loan amounting
to fifty thousand pounds (£50,000):
And whereas portion of the said amount of fifty
thousand pounds (£50,000) amounting to twenty-five thousand
pounds (£25,000) (hereinafter called the said sum) has not
yet been raised and it is expedient to cancel the determinations
aforesaid in respect of the said sum and make new determina-
tions in lieu 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 cancels the aforesaid determinations
in respect of the said sum and in lieu thereof makes the
following determinations:

1. The term for which the said sum or any part thereof
   may be raised shall not exceed ten (10) years.
2. 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. The said sum shall be repaid by half-yearly redemption
   of debentures in the half-years set out in the first column
   of the Schedule hereunder of the amounts stated opposite
   each such half-year in the third column of the said Schedule.
   Each redemption includes a repayment of principal of the
   amount stated opposite each half-year in the second column
   of the said Schedule and a half-year’s interest on the amount
   of principal outstanding immediately prior to the date of
   payment of such instalment.
   SCHEDULE
   First Column.
   Half-year.
   Second Column.
   Amount of Principal.
   Third Column.
   Amount of
   Redemption.
   £
   £ s. d.
   1st .......
   625
   1,125 0 0
   2nd .......
   625
   1,112 10 0
   3rd .......
   625
   1,100 0 0
   4th .......
   625
   1,087 10 0
   5th .......
   625
   1,075 0 0
   6th .......
   625
   1,062 10 0
   7th .......
   625
   1,050 0 0
   8th .......
   625
   1,037 10 0
   9th .......
   625
   1,025 0 0
   10th ......
   625
   1,012 10 0
   11th ......
   625
   1,000 0 0
   12th ......
   625
   987 10 0
   13th ......
   625
   975 0 0
   14th ......
   625
   962 10 0
   15th ......
   625
   950 0 0
   16th ......
   625
   937 10 0
   17th ......
   625
   925 0 0
   18th ......
   625
   912 10 0
   19th ......
   625
   900 0 0
   20th ......
   13,125
   13,387 10 0
4. The redemption of such debentures and the payment
   of interest shall be made in New Zealand and no redemptions
   or interest shall be paid out of loan-moneys.
5. The rate payable for brokerage, underwriting, and
   procuration fees in respect of the raising of the said sum
   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. 49/503/10)
   Defining the Purpose of Public Reserves in the Gisborne
   Land District
   C. W. M. NORRIE, Governor-General
   ORDER IN COUNCIL
   At the Government Buildings at Wellington, this 13th day of
   April 1953
   Present:
   THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL
   WHEREAS the lands described in the Schedule hereto
   are public reserves within the meaning of the Public
   Reserves and Domains Act 1928, and in the opinion of His
   Excellency the Governor-General a doubt exists as to the
   purpose of such reserves:
   Now, therefore, pursuant to subsection (2) of section 6
   of the Public Reserves and Domains Act 1928, His Excellency
   the Governor-General, acting by and with the advice and
   consent of the Executive Council, hereby defines the purpose
   to which the lands described in the said Schedule shall be
   dedicated as being recreation purposes.
   SCHEDULE
   GISBORNE LAND DISTRICT
   ALL those areas situated in Block IVA, Turanganui Survey
   District, containing by admeasurement a total of 18 acres
   and 36 perches, more or less, being Lots 24, 25, 36, and 65
   as shown on a plan deposited in the Land Registry Office at
   Gisborne under No. 3963, being part Pouawa No. 1 Block.
   T. J. SHERRARD,
   Clerk of the Executive Council.
   (L. and S. H.O. 1/1295; D.O. 8/861)
   Cancelling the Vesting of a Reserve in the Cook County
   Council
   C. W. M. NORRIE, Governor-General
   ORDER IN COUNCIL
   At the Government Buildings at Wellington, this 13th day of
   April 1953
   Present:
   THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL
   WHEREAS the land described in the Schedule hereto is
   a reserve for Municipal purposes and is vested, in trust,
   in the Chairman, Councillors, and Inhabitants of the County
   of Cook, for a gravel-pit:
   And whereas it is expedient that the vesting of the said
   land as hereinbefore referred to should be cancelled, and the
   Cook County Council has duly consented to such cancellation:
   Now, therefore, pursuant to subsection (1) of section 10
   of the Public Reserves and Domains Act 1928, His Excellency
   the Governor-General, acting by and with the advice and con-
   sent of the Executive Council, hereby cancels the vesting in the
   Chairman, Councillors, and Inhabitants of the County of Cook
   of the land described in the Schedule hereto.
   SCHEDULE
   GISBORNE LAND DISTRICT
   SECTIONS 35 and 36, Town of Ormond, situated in Block VIII,
   Waimata Survey District: Area, 1 acre 1 rood 30 perches,
   more or less. (S.O. plans 158 and 158A.)
   T. J. SHERRARD,
   Clerk of the Executive Council.
   (L. and S. H.O. 6/5/346; D.O. 8/93)
   Extending Time for Preparation of Report as to Scheme of
   Sewerage Works for North Shore Drainage District
   C. W. M. NORRIE, Governor-General
   ORDER IN COUNCIL
   At the Government Buildings at Wellington, this 20th day of
   April 1953
   Present:
   THE RIGHT HON S. G. HOLLAND PRESIDING IN COUNCIL
   WHEREAS, pursuant to section 30 of the North Shore
   Drainage Act 1951, it is provided that the North Shore
   Drainage Board shall, within twelve months from the date
   of its first meeting, cause to be prepared a report with
   recommendations, as to the scheme of sewerage works which
   shall have been prepared for the whole of its district pursuant
   to a resolution required by the said section 30 to have been
   passed by the said Board at its first meeting, authorizing
   the preparation of the said scheme:
   And whereas the first meeting of the said Board was held
   on the 14th day of February 1952:
   And whereas the said Board has been unable to prepare
   the said report within the time allowed:
   And whereas it is desirable to extend the time allowed
   for the preparation of the said report:
   Now, therefore, pursuant to section 70 of the North
   Shore Drainage Act 1951, His Excellency the Governor-
   General, acting by and with the advice and consent of the
   Executive Council, hereby extends until the 31st day of May
   1953, the time allowed for the preparation of the report, with
   recommendations, as to the scheme of sewerage works prepared
   for the North Shore Drainage District.
   T. J. SHERRARD,
   Clerk of the Executive Council.
   (I.A. 58/133)