Local Authority Loans & Bylaws




4 APRIL

Authorising the Borrowing by the Auckland Metropolitan Drainage Board by Hypothecation of Debentures Issued in Respect of a Loan of £2,700,000
C. W. M. NORRIE, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington this 27th day of March 1957
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL
WHEREAS, by Order in Council made on the 21st day of December 1955, consent was given to the raising by the Auckland Metropolitan Drainage Board (hereinafter called the said local authority) of an amount of £500,000, being portion of a loan of £2,700,000 known as Loan No. 19 1954:
And whereas the authority conferred by the said Order in Council has not yet been fully exercised:
And whereas the said local authority, pending the raising of portion of the said amount of £500,000 amounting to £250,000 (hereinafter called the said sum), is desirous of borrowing the said sum by hypothecation or mortgage, pursuant to section 34 of the Local Bodies' Loans Act 1926, of the debentures authorised 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 determinations of the Local Government Loans Board, borrowing the said sum or any part thereof by the hypothecation or mortgage of the said debentures for a term not exceeding four years at a rate of interest not exceeding 4¾ per cent per annum, and hereby prescribes that, pending the raising of the said sum, the said local authority shall establish a sinking fund and shall make payments to such sinking fund in all respects as though such borrowing by way of hypothecation were the raising of the said sum by way of loan in accordance with the determinations of the Local Government Loans Board.
T. J. SHERRARD, Clerk of the Executive Council.
(T. 49/393/22)

Authorising the Borrowing by the Christchurch Drainage Board by Hypothecation of Debentures Issued in respect of a Loan of £800,000
C. W. M. NORRIE, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington this 27th day of March 1957
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL
WHEREAS, by Order in Council made on the 28th day of March 1955, consent was given to the raising by the Christchurch Drainage Board (hereinafter called the said local authority) of an amount of £400,000, being portion of a loan of £800,000 known as Sewerage Loan No. 1 1954:
And whereas the authority conferred by the said Order in Council has not yet been fully exercised:
And whereas the said local authority, pending the raising of portion of the said amount of £400,000 amounting to £50,000 (hereinafter called the said sum), 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 authorised 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 determinations of the Local Government Loans Board, borrowing the said sum or any part thereof by the hypothecation or mortgage of the said debentures for a term not exceeding fifteen months at a rate of interest not exceeding 4¾ per cent per annum.
T. J. SHERRARD, Clerk of the Executive Council.
(T. 49/197/20)

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 27th day of March 1957
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
Amount
Local Authority and Name of Loan Consented to
Auckland City Council: Building Acquisition Loan, 1956, £150,000 … 5,000
Auckland City Council: Hunua Development Loan 1954, £1,590,000 … 340,000
Auckland Electric Power Board: General Extension and Improvement Loan 1957 … 800,000
Onehunga Borough Council: Sewer and Water Reticulation Loan 1956, £65,000 … 50,000
Otago Electric Power Board: General Extension Loan 1955, £75,000 … 35,000
Putaruru Borough Council: Fire Station Loan 1956 … 13,000
Rotorua Borough Council: Sealing Completion Loan 1955, £105,000 … 21,000
South Canterbury Hospital Board: Hospital Works Loan 1957, £196,000 … 95,000
Stratford Borough Council: Electrical Works Extension Loan 1956 … 5,000
T. J. SHERRARD, Clerk of the Executive Council.

Approving an Amendment to Bylaws Made by the New Zealand National Airways Corporation
C. W. M. NORRIE, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington this 27th day of March 1957
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL
PURSUANT to subsection (2) of section 33 of the New Zealand National Airways Act 1945, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby approves the amendment to bylaws made by the New Zealand National Airways Corporation pursuant to subsection (1) of the said section 33, on the 18th day of October 1956, and set out hereunder.
BYLAWS

  1. These bylaws shall be read together with and form part of the bylaws made by the New Zealand National Airways Corporation on the 24th day of February 1947* (hereinafter called the principal bylaws).
  2. The principal bylaws are hereby amended by omitting from subclause (2) (i) of bylaw 11, as added by amendments to bylaws,† the words “and will, if the consignor so instructs, be delivered by the Corporation without additional charge to the named consignee in a city or town area”.
    T. J. SHERRARD, Clerk of the Executive Council.
    *Gazette, 20 March 1947, p. 345
    †Gazette, 13 March 1952, p. 375

Authorising Harrisons (Winchester) Ltd. to Use Water for the Purpose of Generating Electricity
C. W. M. NORRIE, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington this 3rd day of April 1957
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL
PURSUANT to the Public Works Act 1928, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby grants to Harrisons (Winchester) Ltd., a duly incorporated company having its registered office at Winchester (hereinafter referred to as the licensee), a licence, subject to the conditions hereinafter set forth, to take and use from the Waihi Creek (hereinafter referred to as the said stream), situated in Rural Sections 5961 and 11526, Block XIV, Geraldine Survey District, in the County of Geraldine, for the purpose hereinafter set forth, a stream of water not exceeding 2 cubic feet per second at any one time.

CONDITIONS
IMPLIED CONDITIONS

  1. The conditions directed to be implied in all licences by the Water Power Regulations 1934 and the Electrical Supply Regulations 1935 shall be incorporated in and shall form part of this licence except in so far as the same may be inconsistent with the provisions hereof.
    LICENCE SUBJECT TO REGULATIONS
  2. This licence is issued under the Water Power Regulations 1934, and is subject thereto, and to the Electrical Supply Regulations 1935, the Electrical Wiring Regulations 1935, the Radio Interference Regulations 1934, and to all regulations hereafter made in amendment thereof or in substitution therefor respectively.
    UTILISATION OF WATER AND LOCATION OF HEADWORKS
  3. Water shall be used under this licence solely for the purpose of generating electricity and shall be taken from the said stream at the point in Rural Sections 5961 and 11526,


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✨ LLM interpretation of page content

🏘️ Authorising Borrowing by Auckland Metropolitan Drainage Board for Loan of £2,700,000

🏘️ Provincial & Local Government
27 March 1957
Local body loan, Borrowing, Hypothecation, Debentures, Auckland Metropolitan Drainage Board
  • C. W. M. Norrie, Governor-General
  • T. J. Sherrard, Clerk of the Executive Council

🏘️ Authorising Borrowing by Christchurch Drainage Board for Loan of £800,000

🏘️ Provincial & Local Government
27 March 1957
Local body loan, Borrowing, Hypothecation, Debentures, Christchurch Drainage Board
  • C. W. M. Norrie, Governor-General
  • T. J. Sherrard, Clerk of the Executive Council

🏘️ Consenting to Raising of Loans by Certain Local Authorities

🏘️ Provincial & Local Government
27 March 1957
Local body loans, Consent, Schedule of loans, Local authorities
  • C. W. M. Norrie, Governor-General
  • T. J. Sherrard, Clerk of the Executive Council

🚂 Approving Amendment to Bylaws of New Zealand National Airways Corporation

🚂 Transport & Communications
27 March 1957
Bylaws, Amendment, New Zealand National Airways Corporation
  • C. W. M. Norrie, Governor-General
  • T. J. Sherrard, Clerk of the Executive Council

🏗️ Authorising Harrisons (Winchester) Ltd. to Use Water for Electricity Generation

🏗️ Infrastructure & Public Works
3 April 1957
Water use, Electricity generation, Licence, Harrisons (Winchester) Ltd., Public Works Act
  • C. W. M. Norrie, Governor-General
  • T. J. Sherrard, Clerk of the Executive Council