1760
THE NEW ZEALAND GAZETTE
No. 70

Consenting to Raising of Loans by Certain Local Authorities

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

At the Government House at Wellington this 2nd day of November 1955

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

Pursuant to the Local Government Loans Board Act 1926, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby consents to the borrowing by the local authorities mentioned in the Schedule hereto by way of loan of the whole or any part of the respective amounts specified in that Schedule.

SCHEDULE

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

Consenting to Raising of Loans by Certain Local Authorities

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

At the Government Buildings at Wellington this 9th day of November 1955

Present:

THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL

Pursuant to the Local Government Loans Board Act 1926, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby consents to the borrowing by the local authorities mentioned in the Schedule hereto by way of loan of the whole or any part of the respective amounts specified in that Schedule.

SCHEDULE

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

Authorizing the Borrowing by the Wellington City Council by Way of Hypothecation of Debentures Issued in Respect of a Loan of £50,000

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

At the Government Buildings at Wellington this 9th day of November 1955

Present:

THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL

Whereas by Order in Council made on the 9th day of November 1955 consent was given to the raising in New Zealand by the Wellington City Council (hereinafter called the said local authority) of the sum of twenty-five thousand pounds (hereinafter called the said sum), being portion of a loan of fifty thousand pounds known as “Land Development Loan 1955”;

And whereas the said local authority, pending the raising of the said sum in accordance with the determinations of the Local Government Loans Board as sanctioned on the 17th day of August 1955, is desirous of borrowing the said sum or part thereof by hypothecation or mortgage pursuant to section 34 of the Local Bodies’ Loans Act 1926 of the debentures authorized to be issued in respect of the said sum;

Now, therefore, pursuant to section 7 of the Local Authorities Interest Reduction and Loans Conversion Act 1932–33 and section 8 of the Local Authorities Interest Reduction and Loans Conversion Amendment Act 1933, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby consents to the said local authority, pending the raising of the said sum in accordance with the said determinations, borrowing the said sum or any part thereof by the hypothecation or mortgage of the said debentures for a term not exceeding two years and at a rate of interest which should not exceed the current bank overdraft rate of interest payable from time to time by best customers.

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

(T. 49/168/140)

Authorizing the Auckland Harbour Board to Reclaim Land in Auckland Harbour

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

At the Government Buildings at Wellington this 9th day of November 1955

Present:

THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL

Whereas it is provided by section one hundred and seventy-five of the Harbours Act 1950 (hereinafter called the said Act) that the Governor-General may from time to time, by Order in Council, authorize any local authority or Harbour Board to reclaim from the sea areas not exceeding five acres in extent in any case where he considers that the reclamation will not affect navigation and is for the benefit of the public;

And whereas the Auckland Harbour Board (hereinafter called the Board) is desirous of reclaiming from the sea certain land in Auckland Harbour, and the said reclamation is of such a nature as aforesaid, and the Board has applied to the Governor-General in Council for an order authorizing the execution of the said harbour works;

And whereas it has been made to appear to the Governor-General in Council that the proposed work will not be or tend to the injury of navigation, and is for the benefit of the public:

Now, therefore, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, doth hereby authorize and empower the Board to reclaim from the sea in Auckland Harbour the area of land on plan marked M.D. 9924 and deposited in the office of the Marine Department at Wellington, such reclamation to be carried out and constructed in accordance with the said plan marked M.D. 9924.

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

(M. 4/850)