6 Aug.] THE NEW ZEALAND GAZETTE 1271 Varying the Determinations in Respect of Portion (£25,000) of the Wellington City Council's Loan of £180,000 C. W. M. NORRIE, Governor-General ORDER IN COUNCIL At the Government House at Wellington, this 29th day of July 1953 Present: HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL WHEREAS by Order in Council made on the 7th day of June 1950 (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 Wellington City Council (hereinafter called the said local authority) of a loan of one hundred and eighty thousand pounds (£180,000) to be known as 'City Reserves Improvements Loan 1950': And whereas the authority conferred by the said Order in Council has not been exercised to the extent of one hundred and thirty-five thousand pounds (£135,000) and it is expedient to cancel the determinations aforesaid in respect of a portion thereof amounting to twenty-five thousand pounds (£25,000) (hereinafter called 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 determinations aforesaid 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 or any part thereof shall be repaid by the annual redemption of debentures in the years set out in the first column of the Schedule hereunder of the amounts stated opposite each such year in the second column of the said Schedule. SCHEDULE First Column Second First Column Second Year Amount Year Amount £ £ 1st ... 600 6th ... 700 2nd ... 600 7th ... 800 3rd ... 600 8th ... 800 4th ... 700 9th ... 800 5th ... 700 10th ... 18,700

4. The payment of interest and redemptions in respect of the said sum shall be made in New Zealand.

5. No amount payable either as interest or as a redemption in respect of the said sum shall be paid out of loan moneys.

6. 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.

7. 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. 49/168/111)

Varying the Determinations in Respect of Portion (£50,000) of the Wellington City Council's Loan of £187,000 C. W. M. NORRIE, Governor-General ORDER IN COUNCIL At the Government House at Wellington, this 29th day of July 1953 Present: HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL WHEREAS by Order in Council made on the 7th day of June 1950 (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 Wellington City Council (hereinafter called the said local authority) of a loan of one hundred and eighty-seven thousand pounds (£187,000) to be known as 'Water Services Loan 1949': And whereas the authority conferred by the said Order in Council has not been exercised to the extent of one hundred and fifty-seven thousand pounds (£157,000) and it is expedient to cancel the determinations aforesaid in respect of a portion thereof amounting to fifty thousand pounds (£50,000) (hereinafter called 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 determinations aforesaid 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 or any part thereof shall be repaid by the annual redemption of debentures in the years set out in the first column of the Schedule hereunder of the amounts stated opposite each such year in the second column of the said Schedule. SCHEDULE First Column Second First Column Second Year Amount Year Amount £ £ 1st ... 1,200 6th ... 1,500 2nd ... 1,200 7th ... 1,500 3rd ... 1,300 8th ... 1,600 4th ... 1,300 9th ... 1,600 5th ... 1,400 10th ... 37,400

4. The payment of interest and redemptions in respect of the said sum shall be made in New Zealand.

5. No amount payable either as interest or as a redemption in respect of the said sum shall be paid out of loan moneys.

6. 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.

7. 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. 49/168/107)

Authorizing the Laying-off of a Street off Litten Road in the Borough of Howick, Subject to a Condition as to the Building Line C. W. M. NORRIE, Governor-General ORDER IN COUNCIL At the Government Buildings at Wellington, this 3rd day of August 1953 Present: THE HON. K. J. HOLYOAKE PRESIDING IN COUNCIL PURSUANT to section 31 of the Municipal Corporations Amendment Act 1948 and section 125 of the Public Works Act 1928, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby authorizes the Howick Borough Council to permit the laying-off of the proposed street described in the Schedule hereto at a width for parts of its length of less than 66 ft., but not less than 50 ft., subject to the condition that no building or part of a building shall at any time be erected on the land shown edged green on the plan marked P.W.D. 140743, referred to in the said Schedule, within a distance of 48 ft. from the centre-line of the said street. SCHEDULE THAT proposed street in the North Auckland Land District, Borough of Howick, containing by admeasurement 1 acre 3 roods 7 perches, more or less, being part Allotment 69, Pakuranga Parish, being part of the land on D.P. 21276, and part Lot 145, D.P. 16913, being part Allotments 69 and 72, Pakuranga Parish. As the same is more particularly delineated on the plan marked P.W.D. 140743, 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. 51/3624; D.O. 27/31/176)