13 May] THE NEW ZEALAND GAZETTE 827

SCHEDULE

BOUNDARIES OF THE STRATH-TAIERI RABBIT DISTRICT

ALL that area situated in the Otago Land District and in the Counties of Taieri and Maniototo containing 144,000 acres, more or less, and bounded as follows: Commencing at the northernmost corner of Run 205E; thence generally south-easterly, south-westerly, and again south-easterly along the north-eastern boundary of Run 205E to the Taieri River; thence generally southerly down the centre of the Taieri River to a point due east of the southern boundary of Section 2, Block II, Strath-Taieri Survey District; thence westerly to and along that boundary to the Middlemarch–Kyeurn Main Highway; thence southerly along that highway to the north-eastern corner of Section 22, Block II of said district; thence westerly along the northern boundary of said Section 22 to the Otago Central Railway; thence generally southerly down that railway to the Middlemarch–Kyeurn Main Highway; thence easterly along that highway and its production to the Taieri River; thence generally south-easterly down the centre of that river to a point in line with the southern boundary of Section 27, Block V, Strath-Taieri Survey District; thence westerly to and along that boundary, across the Otago Central Railway, and along the southern boundary of Section 32, Block V of said district, to a public road; thence northerly along that road to the southern boundary of Section 43 of said Block V; thence westerly along that boundary to the Old Coach Road; thence southerly down that road to the north-eastern corner of Section 10, Block IX of said district; thence westerly, southerly, and easterly along the northern, western, and southern boundaries of said Section 10 to the Gladbrook–Riverslea Road; thence southerly along that road to the south-eastern corner of Section 4, Block IX of said district; thence westerly along the southern boundary of said Section 4 to Top Road; thence southerly down that road and the Gladbrook–Riverslea Road to the south-western corner of Section 37S, Gladbrook Settlement; thence easterly, southerly, and again easterly along the boundary of Gladbrook Settlement to the north-eastern corner of Section 1, Block XIII, Sutton Survey District; thence southerly along the eastern boundary of said Section 1 to Kidds Road; thence easterly along that road; across the Otago Central Railway to the Middlemarch–Dunback Main Highway; thence generally northerly along that highway to the Otago Central Railway; thence northerly along that railway to the south-western corner of Section 40, Block IX, Strath-Taieri Survey District; thence easterly along the southern boundary of said Section 40 and northerly along its eastern boundary to the boundary of the Town of Middlemarch; thence north-easterly, south-easterly, and again north-easterly by the boundary of the Town of Middlemarch to the Taieri River; thence generally southerly down the centre of the Taieri River to a point in line with the most eastern point of Run 79A; thence westerly to and generally southerly and westerly along the eastern and southern boundaries of Run 79A to its western boundary; thence northerly along that boundary to the southern boundary of Block III, Sutton Survey District; thence westerly along that boundary to and along Young Road to the south-western corner of Block VI of said district; thence southerly along the eastern boundaries of Runs 254 and 254A to the Deep Stream; thence generally westerly and south-westerly up the centre of Deep Stream and generally north-westerly along the south-western boundary of Run 260 in Hedgehope Survey District to the Taieri River; thence generally north-easterly down the centre of the Taieri River to a point in line with the north-western boundary of Run 254 in Serpentine Survey District; thence north-easterly to and along that boundary and generally south-easterly along the north-eastern boundary of Run 254 to the south-eastern boundary of Loganburn Survey District; thence north-easterly along that boundary to the northern boundary of Run 601; thence northerly by a straight line to Trig. B and north-easterly by a straight line to Trig. F, Loganburn Survey District; thence northerly by a straight line to and along the eastern boundary of Loganburn Survey District to the south-western boundary of Run 596; thence north-westerly and north-easterly along the south-western and north-western boundaries of Run 596 to the north-western boundary of Strath-Taieri Survey District; thence generally north-easterly along that boundary, the north-western boundary of Run 213A and the western and north-western boundaries of Run 205E to its northernmost corner, the point of commencement.

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

(Ag. 64/1/199)

Varying the Determinations in Respect of Portion (£2,500) of the Alexandra Borough Council’s Loan of £3,500

C. W. M. NORRIE, Governor-General

ORDER IN COUNCIL

At the Government House at Wellington, this 5th day of May 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 repayment 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 three thousand five hundred pounds to be known as Sewerage Loan 1951 (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 of a portion thereof amounting to two 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 certain of the determinations aforesaid in respect of the said sum 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 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.

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. 49/303/7)

Varying the Determinations in Respect of Portion (£10,000) of the Winton Borough Council’s Loan of £51,400

C. W. M. NORRIE, Governor-General

ORDER IN COUNCIL

At the Government House at Wellington, this 5th day of May 1954

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS by Order in Council made on the 8th day of April 1953 and subject to the determinations as to borrowing and repayment therein set out, consent was given to the raising in New Zealand by the Winton Borough Council (hereinafter called the said local authority) of the sum of ten thousand pounds (hereinafter called the said sum), being portion of a loan of fifty-one thousand four hundred pounds known as Water Supply Loan 1952:

And whereas by Order in Council made on the 23rd day of September 1953 the determinations aforesaid were cancelled in respect of the said sum and new determinations made in lieu thereof:

And whereas by Order in Council made on the 20th day of January 1954 certain of the new determinations aforesaid were varied:

And whereas the said sum has still not yet been raised and it is expedient to cancel the new determinations aforesaid as varied by the Order in Council made on the 20th day of January 1954 in respect of the said sum and make further 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 new determinations as varied by the Order in Council made on the 20th day of January 1954 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 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 two hundred and eighty-seven pounds thirteen shillings and sevenpence, 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 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 an amount 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 money.

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 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. 49/597/3)