25 MARCH]

Varying the Determinations in Respect of Portion (£151,500)
of the Auckland City Council's Loan of £650,000

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

At the Government Buildings at Wellington, this 17th day of
March 1954
Present:
THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL
WHEREAS by Order in Council made on the 3rd day
of March 1954 (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 Auckland City Council
(hereinafter called the said local authority) of an amount
of two hundred thousand pounds, being portion of a loan of
six hundred and fifty thousand pounds known as ‘Works
Loan 1952’ (hereinafter called the said loan):
And whereas the said amount of two hundred thousand
pounds has not been raised and it is expedient to vary
certain of the determinations in respect of a portion thereof
amounting to one hundred and fifty-one thousand five hundred
pounds (hereinafter called 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 ten 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
   twenty-five years.

2. In lieu of repayment in the manner specified in clause
   3 of the said Order in Council, the said sum or any part
   thereof, together with interest thereon, shall be repaid by
   equal aggregate annual or half-yearly instalments extending
   over the term of twenty-five years.

T. J. SHERRARD,
Clerk of the Executive Council.
(T. 49/121/84)

Varying the Determinations in Respect of the Balance
(£161,150) of the Palmerston North Hospital Board’s
Loan of £201,150

C. W. M. NORRIE, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 17th day of
March 1954
Present:
THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL
WHEREAS by Order in Council made on the 7th day
of October 1953 (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 Palmerston North Hospital
Board (hereinafter called the said local authority) of an
amount of one hundred and sixty-one thousand one hundred
and fifty pounds (hereinafter called the said sum), being
the balance of a loan of two hundred and one thousand
one hundred and fifty pounds known as ‘Building Loan
1953’:
And whereas 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 certain of the determinations
aforesaid in respect of the said sum by prescribing that in
lieu of a rate not exceeding one-half per cent, as specified
in clause 5 of the said Order in Council, 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 three-quarters per cent of any
amount raised.

T. J. SHERRARD,
Clerk of the Executive Council.
(T. 49/506/11)

Varying the Determinations in Respect of the Wairoa Hospital
Board’s Loan of £156,000

C. W. M. NORRIE, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 17th day of
March 1954
Present:
THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL
WHEREAS by Order in Council made on the 23rd day of
March 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 Wairoa Hospital Board (hereinafter called the said local authority) of a loan of one hundred
and fifty-six thousand pounds to be known as ‘Rebuilding
(Second Stage) Loan 1949’ (hereinafter called the said
loan):
And whereas the said loan has not 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 rate of interest not exceeding three pounds
   five shillings per cent 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 per cent per annum.

2. No money shall be borrowed under the consent given by
   the said Order in Council after the expiration of six years
   from the date thereof.

T. J. SHERRARD,
Clerk of the Executive Council.
(T. 49/688/2)

Vesting the Control of a Reserve in the Belvedere Public
Hall Board

C. W. M. NORRIE, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 17th day of
March 1954
Present:
THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL
WHEREAS the land decribed in the Schedule hereto is
a reserve duly set apart for a site for a public hall:
And whereas it is expedient that the control of the said
reserve should be vested in a special Board as hereinafter
provided:
Now, therefore, pursuant to section 17 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 vests the control of the reserve
described in the Schedule hereto for the period of five years
from the date hereof (unless previously amended or revoked
under the said Act) in the undermentioned persons, namely,
John Melvin Buick,
Arthur Ernest Carter,
Roy Corbett,
Edgar Augustus Judd,
Austin Edward Reid,
Isabel Catherine Eddy Reid,
Florence Pearl Spora,
Robert Joseph Spora,
Effie Joyce Third,
Margery Jean Waterson, and
Bernie Zabell,
who are hereby constituted for that purpose a special Board
by the name of the Belvedere Public Hall Board (hereinafter
referred to as the Board) with the powers and subject to the
conditions hereinafter contained, that is to say:

1. The first meeting of the Board shall be held on
   Friday, the 30th day of April 1954, at 8 o’clock p.m., at
   the Belvedere Public Hall, and thereafter the Board shall
   meet for the transaction of business at such time and place
   as may from time to time be fixed by the Board.

2. The members of the Board shall at their first meeting,
   and thereafter at the annual meeting hereinafter mentioned,
   elect one of themselves to be Chairman, who may join in
   the discussion, and shall have an original as well as a casting
   vote. The Chairman shall hold office until the election of
   his successor.

3. Special meetings may be convened by the Chairman,
   provided that two days' notice of such meeting be given to
   each member, specifying the business to be transacted at such
   special meeting; and no other business than that so specified
   shall be transacted at such meeting.

4. Any six members of the Board shall form a quorum.
   Any meeting may be adjourned from time to time.

5. If at any meeting the Chairman is not present at the
   time appointed for holding the same, the members present
   shall choose one of their number to be Chairman of such
   meeting.

6. If, by resignation, death, incapacity, or otherwise,
   the seat of any member shall be or become vacant, or if any
   member absents himself without reasonable cause from three
   consecutive meetings of the Board, the Governor-General shall
   have power to appoint any other person to be a member of
   the Board in his stead.

7. All questions shall be determined by the majority of
   votes of the members of the Board present at a meeting.

8. The Board shall have prepared and submitted at an
   annual meeting to be held in the month of April in each year
   a report of the proceedings of the Board for the previous
   year ending on the 31st day of March, together with a statement of the receipts and expenditure of the Board for such
   year. A copy of every such report and statement, certified
   by the Chairman to be correct, shall be sent to the Minister
   of Lands as soon as possible after each annual meeting.