Varying the Determinations in Respect of the Balance (£12,000) of the Timaru City Council's Loan of £30,000
C. W. M. NORRIE, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington, this 12th day of August 1953
Present:
His Excellency The Governor-General in Council
WHEREAS by order in Council made on the 27th day of September 1950 and subject to the determinations as to borrowing and repayment therein set out, consent was given to the raising in New Zealand by the Timaru City Council (hereinafter called the said local authority) of an amount of sixteen thousand nine hundred pounds (£16,900) being the unraised balance of a loan of thirty thousand pounds (£30,000) known as 'Stormwater Drainage Loan 1946' (hereinafter called the said loan):
And whereas by Orders in Council made on the 6th day of August 1952 and the 24th day of February 1953 the determinations aforesaid were varied in respect of portion of the said loan amounting to fourteen thousand nine hundred pounds (£14,900):
And whereas an amount of twelve thousand pounds (£12,000) (hereinafter called the said sum) has still 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 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 shall be repaid on the 31st day of March 1963.
4. The payment of interest and the repayment of principal in respect of the said sum shall be made in New Zealand.
5. No amount payable either as interest or as principal 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. 49/306/20)

SCHEDULE
| First Column Half-year | Second Column Amount | First Column Half-year | Second Column Amount |
| --- | --- | --- | --- |
| 1st | 200 | 11th | 300 |
| 2nd | 200 | 12th | 300 |
| 3rd | 300 | 13th | 300 |
| 4th | 200 | 14th | 300 |
| 5th | 300 | 15th | 300 |
| 6th | 200 | 16th | 400 |
| 7th | 300 | 17th | 300 |
| 8th | 300 | 18th | 300 |
| 9th | 300 | 19th | 400 |
| 10th | 200 | 20th | 14,600 |

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 three-quarters per centum or 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. 49/307/37)

Appointments and Promotions of Officers of the Emergency Force
His Excellency the Governor-General has been pleased to approve of the following appointments and promotions of officers of the Emergency Force:
APPOINTMENTS
CORRIGENDUM
The notice published in the N.Z. Gazette No. 42, dated 23 July 1953, relative to the appointment of Captain W. G. Dixon (N.Z. Regular Force) should have appeared under the heading 'The Royal N.Z. Artillery' and not 'The Royal N.Z. Army Ordnance Corps.'
THE ROYAL N.Z. CORPS OF SIGNALS
Captain W. H. Dyson (N.Z. Regular Force). Dated 20 July 1953.
THE ROYAL N.Z. INFANTRY CORPS
Robert George Jarvie Currie to be Lieutenant. Dated 22 July 1953.
PROMOTIONS
THE ROYAL N.Z. ARTILLERY
Captain (temp. Major) J. R. Spence, M.B.E., to be Major. Dated 5 July 1953.
2nd Lieutenant K. G. Hall to be Lieutenant. Dated 10 July 1953.
Dated at Wellington, this 22nd day of August 1953.
T. L. MACDONALD, Minister of Defence.

Varying the Determinations in Respect of Portion (£20,000) of the Hamilton City Council's Loan of £85,000
C. W. M. NORRIE, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington, this 12th day of August 1953
Present:
His Excellency The Governor-General in Council
WHEREAS by Order in Council made on the 19th day of December 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 Hamilton City Council (hereinafter called the said local authority) of a loan of eighty-five thousand pounds (£85,000) to be known as 'Fairfield and Enderley Sewer and Water Loan 1951' (hereinafter called the said loan):
And whereas the authority conferred by the said Order in Council has not been exercised to the extent of fifty-nine thousand pounds (£59,000) and it is expedient to cancel the determinations aforesaid in respect of a portion thereof amounting to twenty thousand pounds (£20,000) (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 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 second column of the said Schedule.

Appointments, Confirmation of Appointments, Extensions of Commissions, Promotions, Transfer, and Resignation of Officers of the Royal New Zealand Air Force
His Excellency the Governor-General has been pleased to approve the following appointments, confirmation of appointments, extensions of commissions, promotions, transfer, and resignation of officers of the Royal New Zealand Air Force:
REGULAR AIR FORCE
GENERAL DUTIES BRANCH
Promotions
Group Captain Ronald Joseph COHEN, C.B.E., A.F.C., p.s.a., is granted the temporary rank of Air Commodore. Dated 12 July 1953.
The undermentioned Pilot Officers (on prob.) are confirmed in their appointments and promoted to the rank of Flying Officer:
Gordon Thomas SODEN (71517). Dated 18 February 1953.
John Francis TANNER (73887).
Robert Neville MacDONELL (71450).
John Lewis Nicholson HARRIS (75446). Dated 18 April 1953.
John Cochrane PRIEST (71403). Dated 25 May 1953.
Raymond Ivor CLARK (75073).
Peter Reece EVANS (72507).
Douglas Alfred BRAY (73478).
Ronald Charles MACFARLANE (70923).
Ivor Veitch MACKAY (75439). Dated 18 June 1953.