176
THE NEW ZEALAND GAZETTE
[No. 9

2. 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 pounds (£4) per centum per annum.

3. The said loan 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

4. The payment of interest and redemptions in respect of the said loan shall be made in New Zealand.

5. No amount payable either as interest or as a redemption in respect of the said loan 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 loan 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. 49/112/14)

Consenting to the Raising of Portion (£400,000) of the Auckland Harbour Board’s Loan of £680,000 and Prescribing the Conditions Thereof

C. W. M. NORRIE, Governor-General

ORDER IN COUNCIL

At the Government Buildings at Wellington, this 26th day of January 1954

Present:

THE HON. W. SULLIVAN PRESIDING IN COUNCIL

WHEREAS the Auckland Harbour Board (hereinafter called the said local authority), being desirous of raising a loan of six hundred and eighty thousand pounds, (£680,000) to be known as “Harbour Loan 1951, £2,375,000: Third Issue 1953, £680,000” (hereinafter called the said loan) for the purpose of carrying out and continuing works included in the Schedule to the Auckland Harbour Board Loan and Empowering Act 1951, has complied with the provisions of the Local Government Loans Board Act 1926 (hereinafter called the said Act):

And whereas the said local authority is desirous of raising in the first instance portion of the said loan amounting to four hundred thousand pounds (£400,000) (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 four hundred thousand pounds (£400,000), 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 (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.

SCHEDULE

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 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. 49/260/21)

Revoking the Reservation Over Reserves in Harapepe Township, South Auckland Land District

C. W. M. NORRIE, Governor-General

ORDER IN COUNCIL

At the Government Buildings at Wellington, this 26th day of January 1954

Present:

THE HON. W. SULLIVAN PRESIDING IN COUNCIL

PURSUANT to subsection (1) (b) of section 7 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 revokes the reservation for a public square over the land described in the First Schedule hereto, and hereby revokes the reservation for a municipal reserve over the land described in the Second Schedule hereto, and hereby declares that the said lands, being vested in the Crown, are Crown lands available for disposal under the Land Act 1948.

FIRST SCHEDULE

SOUTH AUCKLAND LAND DISTRICT

ALLOTMENT 105, Harapepe Township, situated in Block XV, Alexandra Survey District: Area, 8 acres, more or less. (S.O. plan 29722s.)

SECOND SCHEDULE

SOUTH AUCKLAND LAND DISTRICT

ALLOTMENT 106, Harapepe Township, situated in Block XV, Alexandra Survey District: Area, 8 acres, more or less. (S.O. plan 29722s.)

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

(L. and S. H.O. 6/1/931; D.O. M.L. 1731)

Setting Apart Maori Land as a Maori Reservation

C. W. M. NORRIE, Governor-General

ORDER IN COUNCIL

At the Government Buildings at Wellington, this 22nd day of December 1953

Present:

THE HON. K. J. HOLYOAKE PRESIDING IN COUNCIL

PURSUANT to section 5 of the Maori Purposes Act 1937, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby sets apart and reserves the Maori freehold land described in the Schedule hereto as a Maori reservation for the common use of the Ngatikahu Hapu and the Maoris resident at Whatuwiwi as a marae.

SCHEDULE

NORTH AUCKLAND LAND DISTRICT

ALL that area of land in the Tokerau Maori Land Court District containing 1 rood and 8 perches, more or less, being all the land comprised in a partition order of the Maori Land Court made on the 20th day of November 1951 and known as Whatuwiwi 1B 1A 1, situated in Block V, Karikari Survey District.

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

(M.A. 21/3/263)