7 MAY] THE NEW ZEALAND GAZETTE 707

And whereas by Order in Council made on the 3rd day of February 1953 certain of the determinations aforesaid were varied in respect of portion of the unraised balance of the said loan amounting to ten thousand pounds (£10,000) (hereinafter called the said sum):

And whereas 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 determinations 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 as follows:—

   (a) By twenty equal payments of three hundred and eighteen pounds four shillings and eightpence (£318 4s. 8d.) one of such payments to be made at the end of every half-year commencing from the date on which the said sum is raised. Each such half-yearly payment shall be applied first in payment of interest computed at the rate of four pounds (£4) per centum per annum on the amount of principal for the time being outstanding at the beginning of each such half-year in respect of the said sum and the balance of such half-yearly payment in reduction of such principal.

   (b) By a payment at the end of the tenth year from the date of the raising of the said sum of a sum equal to the amount to which the principal of the said sum has been reduced in accordance with the preceding paragraph (a) hereof after payment of the aforesaid twenty half-yearly payments.

4. The payments referred to in clause 3 hereof shall be made in New Zealand and no such payment shall be made out of loan-moneys.

5. The rate payable for brokerage, underwriting, and procurement 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. 49/515/12)

Foreshore Licence—Okoha Bay, Pelorus Sound—Site for a Wharf

C. W. M. NORRIE, Governor-General

ORDER IN COUNCIL

At the Government House at Wellington, this 8th day of April 1953

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

PURSUANT to the Harbours Act 1950, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby licenses and permits T. H. Barnes Company, Limited, of Blenheim (hereinafter called the company, which term shall include its successors or assigns, unless the context requires a different construction) to use and occupy a part of the foreshore at Okoha Bay, Pelorus Sound, as shown on plan marked M.D. 9490 and deposited in the office of the Marine Department at Wellington, for the purpose of erecting and maintaining a wharf thereon as shown on the said plan, such licence to be held and enjoyed by the company upon and subject to the terms and conditions set forth in the Schedule hereto.

SCHEDULE

CONDITIONS

1. This licence is subject to the Foreshore Licence Regulations 1940, and the provisions of those regulations shall, so far as applicable, apply hereto.

2. The premium payable by the company shall be five pounds (£5) and the annual sum so payable three pounds (£3).

3. The term of the licence shall be fourteen years from the 1st day of April 1953.

4. The Master of every vessel discharging ballast at the said wharf shall have all such ballast taken away and deposited above high-water mark, or at such place as may be approved by the Minister for that purpose.

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

Foreshore Licence—Hokianga Harbour—Kohukohu—Site for a Shop

C. W. M. NORRIE, Governor-General

ORDER IN COUNCIL

At the Government Buildings at Wellington, this 27th day of April 1953

Present:

THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL.

PURSUANT to the Harbours Act 1950, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby licences and permits Heke Clark, of Kohukohu (hereinafter called the licensee, which term shall include his executors, administrators, or assigns, unless the context requires a different construction), to use and occupy a part of the foreshore at Kohukohu, Hokianga Harbour, as shown on plan marked M.D. 3715 and deposited in the office of the Marine Department at Wellington, for the purpose of maintaining a shop thereon as shown on the said plan, such licence to be held and enjoyed by the licensee upon and subject to the terms and conditions set forth in the Schedule hereto.

SCHEDULE

CONDITIONS

1. This licence is subject to the Foreshore Licence Regulations 1940, and the provisions of those regulations shall, so far as applicable, apply hereto.

2. The premium payable by the licensee shall be two pounds (£2) and the annual sum so payable five pounds (£5).

3. The term of the licence shall be fourteen years from the 1st day of April 1953.

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

Foreshore Licence—Coromandel County—Whenuakite River—Stoney Creek—Site for Timber Booms—Paul Jovanovich

C. W. M. NORRIE, Governor-General

ORDER IN COUNCIL

At the Government Buildings at Wellington, this 27th day of April 1953

Present:

THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL.

PURSUANT to the Harbours Act 1950, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby licenses and permits Paul Jovanovich, of Whitianga (hereinafter called the licensee, which term shall include his executors, administrators, or assigns unless the context requires a different construction), to use and occupy a part of the foreshore at Stoney Creek, Whenuakite River, Coromandel County, as shown on plan marked M.D. 3743 and deposited in the office of the Marine Department at Wellington, for the purpose of maintaining timber booms thereon as shown on the said plan, such licence to be held and enjoyed by the licensee upon and subject to the terms and conditions set forth in the Schedule hereto.

SCHEDULE

CONDITIONS

1. This licence is subject to the Foreshore Licence Regulations 1940, and the provisions of those regulations shall, so far as applicable, apply hereto.

2. The premium payable by the company shall be two pounds (£2) and the annual sum so payable five pounds (£5).

3. The term of the licence shall be fourteen years from the 1st day of April 1953.

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

Consenting to Land Being Taken for a War Memorial in the Borough of Te Kuiti

C. W. M. NORRIE, Governor-General

ORDER IN COUNCIL

At the Government Buildings at Wellington, this 5th day of May 1953

Present:

THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL

PURSUANT to the Public Works Act 1928, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby consents to the land described in the Schedule hereto being taken for a war memorial.

SCHEDULE

APPROXIMATE area of the piece of land permitted to be taken: 19.8 perches.

Being Lots 3 and 4, D.P. 4795, being part Section 22, Village of Te Kuiti, and being the whole of the land comprised and described in certificate of title, Volume 1039, folio 143 (Auckland Land Registry).

Situated in the Borough of Te Kuiti.

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

(P.W. 32/9271; D.O. 13/86/6)