16 SEPT.] THE NEW ZEALAND GAZETTE 1459

And whereas the said local authority is desirous of raising, in
the first instance, portion of the said loan amounting to fourteen
thousand pounds (hereinafter called the said sum), and it is expedient
that the precedent consent of the Governor-General in Council,
as required by the said Act, should be given to the raising of the
said sum:

Now, therefore, pursuant to section 11 of the said Act, 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 consents to the raising in New
Zealand by the said local authority of the said sum for the said
purpose up to the amount of fourteen thousand pounds, 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 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 Column | | First Column | Second Column |
|--------------|---------------| |--------------|---------------|
| Year | Amount | | Year | Amount |
|--------------|---------------| |--------------|---------------|
| 1st | £600 | | 6th | £800 |
| 2nd | £700 | | 7th | £800 |
| 3rd | £700 | | 8th | £900 |
| 4th | £700 | | 9th | £800 |
| 5th | £700 | | 10th | £7,300 |

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
   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. 49/292/3)

Appointments in the Royal New Zealand Navy

PURSUANT to the Naval Defence Act 1913, His Excellency
the Governor-General has approved the following appointments,
promotions, and terminations of appointments in the
Royal New Zealand Navy:

ROYAL NEW ZEALAND NAVAL RESERVE

Sub-Lieutenant C. P. Ostenfeld, promoted to Lieutenant,
to date 25 July 1954.

Sub-Lieutenant G. G. Sheppard, promoted to Lieutenant,
to date 1 August 1953.

Mr Ian Watson Munro entered as Probationary Sub-
Lieutenant with seniority of 26 February 1954.

ROYAL NEW ZEALAND NAVAL VOLUNTEER RESERVE

Lieutenant-Commander I. B. Campbell, M.B.E., V.R.D.,
granted rank of Acting Commander, to date 18 May 1954.

Acting Lieutenant-Commander (S) T. H. McFlinn, confirmed
in rank with seniority of 26 November 1953.

Lieutenant J. D. Carlson, commission terminated (at own
request), to date 26 October 1952.

Lieutenant (E) L. R. Jackson, commission terminated
(at own request), to date 9 April 1954.

Probationary Lieutenant (E) S. R. Stedman confirmed
in rank with seniority of 28 September 1952.

Probationary Lieutenant (L) P. Dickinson, B.Sc., confirmed
in rank with seniority of 2 July 1952.

Probationary Lieutenant (L) G. R. McDermid, B.E.
(Elect.), confirmed in rank with seniority of 24 November
1952.

Probationary Lieutenant (L) W. D. Poysden, B.E. Hons.
(Elect.), confirmed in rank with seniority of 27 May 1953.

Surgeon Lieutenant R. H. T. Holmden, M.B., Ch.B.,
promoted to Surgeon Lieutenant-Commander, to date 7
February 1954.

Probationary Surgeon Lieutenant J. W. F. Macky,
M.S., F.R.C.S., F.R.A.C.S., confirmed in rank with
seniority of 17 June 1951.

Probationary Surgeon Lieutenant I. W. B. Barrowclough,
M.B., Ch.B., confirmed in rank with seniority of 22 July 1952.

Surgeon Lieutenant J. D. Paton, M.B., Ch.B., commission
terminated (at own request), to date 25 March 1954.

Mr Thomas Shailer Weston, M.B., Ch.B., entered as
Probationary Surgeon Lieutenant with seniority of 25 March
1954 and appointed Canterbury Division, to date 14 April
1954.

Surgeon Lieutenant (D) J. R. H. Hefford, B.D.S.,
promoted to Surgeon Lieutenant-Commander (D) with
seniority of 25 December 1952.

Surgeon Lieutenant (D) J. A. Monaghan, B.D.S.,
commission terminated (at own request), to date 20 June 1954.

Probationary Surgeon Lieutenant (D) P. D. O'Meeghan,
B.D.S., confirmed in rank with seniority of 13 June 1953.

Temporary Lieutenant (SP) P. M. Sanders, promoted to
Temporary Acting Lieutenant-Commander (SP), to date 4
August 1954.

Temporary Lieutenant (SP) W. U. Bryson, commission
cancelled on ceasing duty with Sea Cadet Corps, to date
6 April 1954.

Probationary Sub-Lieutenant A. W. Reed, confirmed in
rank with seniority of 9 July 1953.

Probationary Sub-Lieutenant B. J. Gibson, confirmed in
rank with seniority of 10 July 1953.

Probationary Sub-Lieutenant T. K. De Castro, confirmed
in rank with seniority of 11 July 1953.

Probationary Sub-Lieutenant J. S. A’Court, confirmed
in rank with seniority of 11 July 1953.

Probationary Sub-Lieutenant D. MacGregor, confirmed
in rank with seniority of 12 November 1952.

Probationary Sub-Lieutenant J. H. Hudson, confirmed
in rank with seniority of 2 December 1952.

Probationary Sub-Lieutenant R. N. Crouch, confirmed
in rank with seniority of 3 December 1952.

Probationary Sub-Lieutenant A. R. Smith, confirmed in
rank with seniority of 4 December 1952.

Probationary Sub-Lieutenant N. G. Howard, confirmed
in rank with seniority of 9 December 1952.

Probationary Sub-Lieutenant D. L. Wilkinson, confirmed
in rank with seniority of 9 December 1952.

Probationary Sub-Lieutenant A. L. Armstrong, confirmed
in rank with seniority of 10 December 1952.

Probationary Sub-Lieutenant R. R. Craig, confirmed in
rank with seniority of 11 December 1952.

Probationary Sub-Lieutenant D. Scofield, confirmed in
rank with seniority of 12 December 1952.

Probationary Sub-Lieutenant R. D. Hudson, confirmed in
rank with seniority of 13 December 1952.

Probationary Sub-Lieutenant R. K. Wadham, confirmed
in rank with seniority of 14 December 1952.

Probationary Sub-Lieutenant M. Harland, confirmed in
rank with seniority of 15 December 1952.

Probationary Sub-Lieutenant J. K. Lush, confirmed in
rank with seniority of 24 February 1953.

Probationary Sub-Lieutenant A. M. Smith, confirmed in
rank with seniority of 25 February 1953.

Sub-Lieutenant (L) D. W. Wright, B.E. (Elect.), promoted
to Lieutenant (L) with seniority of 28 June 1951.

Sub-Lieutenant (L) M. K. MacLeod, B.Sc., promoted to
Lieutenant (L) with seniority of 16 July 1951.

Probationary Sub-Lieutenant (L) M. T. Lilburne B.Sc.,
confirmed in rank with seniority of 3 July 1952.

Probationary Sub-Lieutenant (S) N. H. E. Jones, confirmed
in rank with seniority of 12 November 1952.

Temporary Acting Sub-Lieutenant (S) Peter Robin Lomas,
R.N.V.R., entered as Sub-Lieutenant (S) with seniority
of 14 December 1953, and appointed Auckland Division, to
date 14 December 1953.

Temporary Sub-Lieutenant (SP) A. E. Gubbins, commission
cancelled on ceasing duty with Sea Cadet Corps, to
date 6 July 1954.

Temporary Sub-Lieutenant (SP) O. G. Morgan, commission
cancelled on ceasing duty with Sea Cadet Corps, to
date 30 June 1953.

Temporary Sub-Lieutenant (SP) C. L. B. Lloyd, commission
cancelled on ceasing duty with Sea Cadet Corps, to
date 2 April 1954.

Acting Leading Seaman Andrew Culross Goodfellow,
N.Z. 328946, Auckland Division, promoted to Probationary
Sub-Lieutenant, to date 28 January 1954, with seniority of
13 January 1954. Commission terminated on transfer to the
Royal New Zealand Navy, to date 19 April 1954.

Stoker (Special) Grahame John Alecock, B.E. (Mech.),
N.Z. 710294, Canterbury Division, promoted to Probationary
Sub-Lieutenant (E), to date and with seniority of 14 January
1951.

Acting Leading Writer Stanley Norman Francis Bates,
N.Z. 329750, Auckland Division, promoted to Probationary
Sub-Lieutenant (S), to date 28 January 1954, with seniority
of 13 January 1954.

Mr Ian Grant McLean, entered as Temporary Sub-Lieutenant
(SP) with seniority of 22 March 1954, and appointed
for duty with Otago Unit Sea Cadet Corps, to date 22 March
1954.

Mr Michael Maurice Coleman, entered as Temporary Sub-
Lieutenant (SP) with seniority of 12 April 1954, and
appointed for duty with Canterbury Unit Sea Cadet Corps,
to date 12 April 1954.