Loan Variations and Rabbit District




29 April.] THE NEW ZEALAND GAZETTE 645

the said sum up to the amount of twenty-five thousand pounds
for the purpose for which the said loan was authorized, and
in giving such consent hereby determines as follows:

  1. The term for which the said sum or any part thereof
    may be raised shall be ten 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 per cent per annum.

  3. The said sum or any part thereof shall be repaid as
    follows:

    (a) By twenty equal payments of one thousand one
    hundred and sixteen pounds four shillings and
    eleven pence, 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
    per cent per annum on the amount of principal
    for the time being outstanding at the beginning
    of each such half-year and the balance of such
    half-yearly payment in reduction of principal.

    (b) By a payment at the end of the tenth year from the
    date of the raising of the said sum of an amount
    equal to the amount to which the said principal 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 money.

  5. The rate payable for brokerage, underwriting, and
    procuration fees in respect of raising the said sum or any
    part thereof shall not in the aggregate exceed one-half per
    cent of any amount raised.

  6. No money 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. 49/142/7)

Varying the Determinations in Respect of Portion (£17,000)
of the Otago Electric Power Board’s Loan of £95,000

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

At the Government House at Wellington, this 21st day of
April 1954

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS by Order in Council made on the 14th 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 Otago Electric Power
Board (hereinafter called the said local authority) of a loan
of ninety-five thousand pounds to be known as “General
Extension and Reticulation Loan 1952”;

And whereas by Order in Council made on the 31st day of
March 1954 certain of the determinations aforesaid were varied
in respect of portion of the said loan amounting to seventeen
thousand pounds (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 Govern-
ment 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 twenty-five 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 per cent
    per annum :

  3. The said sum or any part thereof shall be repaid as
    follows :

    (a) By ten equal half-yearly payments of five hundred
    pounds each, 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.

    (b) Thereafter by forty equal half-yearly payments of
    three hundred pounds each.

  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 money.

  6. 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 cent of any amount raised.

  7. No money 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. 49/371/12)

Varying the Determinations in Respect of the Alexandra
Borough Council’s Loan of £10,000

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

At the Government House at Wellington, this 21st day of
April 1954

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS by Order in Council made on the 23rd day of
July 1952 (hereinafter called the said Order in Council)
and subject to the determinations as to borrowing and repay-
ment therein set out, consent was given to the raising in New
Zealand by the Alexandra Borough Council (hereinafter called
the said local authority) of a loan of ten thousand pounds to
be known as “Community Centre Loan 1952” (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 four
    years from the date thereof.

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

(T. 49/303/9)

Constituting the Catlins Rabbit District (Notice No. Ag. 5620)

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

At the Government House at Wellington, this 21st day of
April 1954

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

PURSUANT to the Rabbit Nuisance Act 1928 and to
section 29 of the Rabbit Nuisance Amendment Act 1947,
His Excellency the Governor-General, at the request of the
Minister of Agriculture made on the recommendation of the
Rabbit Destruction Council, and acting by and with the advice
and consent of the Executive Council, hereby constitutes and
declares the area of land, the boundaries of which are described
in the Schedule hereto, being an area to which subsection (1)
of section 30 of the Rabbit Nuisance Act 1928 applies, a
rabbit district, and appoints that the name of the said rabbit
district shall be the Catlins Rabbit District, and orders that
the basis on which the Rabbit Board to be established for
the said district shall first levy its general rate shall be the
acreage of land occupied by the ratepayer.

SCHEDULE

BOUNDARIES OF THE CATLINS RABBIT DISTRICT

All that area situated in the Otago Land District and Clutha
County containing 68,400 acres, more or less, bounded by a
line commencing at the north-western corner of Block V,
Woodland Survey District; thence generally easterly down
the centre of the Catlins River to and along the southern
shore of Catlins Lake and Catlins River to the ocean; thence
generally south-westerly along the high-water mark of the
ocean to Lathyrus Bay; thence north-easterly along the road
forming the south-eastern boundary of Section 1, Block IX,
Tautuku Survey District, and the production of that road to
the centre of the Tautuku River; thence north-westerly up the
centre of the Tautuku River to the confluence of the Fleming
River; thence north-easterly up that river and the north-
western boundaries of Sections 39, 28, 15, 16, and 17, Block
VIII, and Section 32, Block IV, Tautuku Survey District;
thence generally north-westerly along the southern boundaries
of Sections 22, 21, 18, the north-western boundary of Section
18 and the south-western boundaries of Section 16, Block IV,
and Sections 12, 11, and 10, Block III, the north-western
boundary of Section 10, the south-western and north-western
boundary of Section 9, and the south-western boundaries of
Sections 8, 7, and 6, Block III, the eastern boundaries of
Section 1, and the south-western boundaries of Sections 1
and 2, Lots 1 and 2 of D.P. 3052 and Section 5, Block II,
and Section 14, Block I, Tautuku Survey District, to its
westernmost corner; thence north-easterly along the north-
western boundary of the said Section 14 and its production



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✨ LLM interpretation of page content

💰 Consent to raise £25,000 balance of Te Awamutu Electric Power Board loan (continued from previous page)

💰 Finance & Revenue
21 April 1954
Loan consent, Te Awamutu Electric Power Board, £25k, repayment terms, interest cap, brokerage fee, New Zealand
  • T. J. Sherrard, Clerk of the Executive Council

💰 Variations of borrowing terms for Otago Electric Power Board loan

💰 Finance & Revenue
21 April 1954
Loan variation, Otago Electric Power Board, £17,000, term, interest, repayment schedule, brokerage fee, New Zealand
  • C. W. M. Norrie, Governor-General
  • T. J. Sherrard, Clerk of the Executive Council

💰 Variations of borrowing terms for Alexandra Borough Council loan

💰 Finance & Revenue
21 April 1954
Loan variation, Alexandra Borough Council, £10,000, term, interest, borrowing deadline, New Zealand
  • C. W. M. Norrie, Governor-General
  • T. J. Sherrard, Clerk of the Executive Council

🌾 Establishment of Catlins Rabbit District

🌾 Primary Industries & Resources
21 April 1954
Rabbit district, Rabbit Nuisance Act 1928, Rabbit Destruction Council, boundaries, Otago, Southland
  • C. W. M. Norrie, Governor-General
  • T. J. Sherrard, Clerk of the Executive Council