790 THE NEW ZEALAND GAZETTE No. 26

Consenting to Raising of Loans by Certain Local Authorities

BERNARD FERGUSSON, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington this 3rd day of May 1965

Present:
THE HON. J. R. MARSHALL PRESIDING IN COUNCIL

PURSUANT to the Local Authorities Loans Act 1956, 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

Local Authority and Name of Loan Amount
Consented to
£
Christchurch City Council: Renewal Loan 1965 52,300
Christchurch Transport Board: Renewal Loan 1965 31,500
Geraldine Borough Council: Sewerage Renewal 16,300
Loan 1965
Geraldine Borough Council: Wilson Street Bridge 1,200
Renewal Loan 1965
Hawke’s Bay Hospital Board: Repayment Loan 119,500
1965
Lower Hutt City Council: Redemption Loan 19,000
No. 13, 1965
Ohinemuri County Council: Waihi and Waihi 8,000
Beach Depot Loan 1964
Southland Catchment Board: Upper Waikawa 7,800
River Works Loan 1965
Tauranga City Council: Renewal Loan No. 2, 1965 17,800
Tawa Borough Council: Reserves Development 6,000
Loan 1965
Wairarapa Electric Power Board: Development 300,000
Loan 1965

T. J. SHERRARD, Clerk of the Executive Council.
(T. 40/416/6)

Consenting to Raising of Loans by Certain Local Authorities

BERNARD FERGUSSON, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington this 12th day of May 1965

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

PURSUANT to the Local Authorities Loans Act 1956, 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

Local Authority and Name of Loan Amount
Consented to
£
Eltham County Council: Workshop Loan 1965 6,500
Manukau County Council: Bucklands Beach 15,000
Community Centre Hall Loan 1965
Wellington City Council: Electricity Loan 1965 1,110,000

T. J. SHERRARD, Clerk of the Executive Council.
(T. 40/416/6)

Setting Apart Maori Freehold Land as a Maori Reservation

BERNARD FERGUSSON, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington this 12th day of May 1965

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

PURSUANT to section 439 of the Maori Affairs Act 1953, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby sets apart the Maori freehold land described as part Maungatapu 1k 2b Block as a Maori reservation for the purpose of a meeting place and burial ground for the common use or benefit of the members of the Ngati Hei sub-tribe of Ngati Terangi and the residents of the locality.

SCHEDULE
SOUTH AUCKLAND LAND DISTRICT
ALL that piece of land situated and described as follows:
A. R. P.
Being
3 3 30 Part Maungatapu 1k 2b, situate in Block XI,
Tauranga Survey District.

T. J. SHERRARD, Clerk of the Executive Council.
(M.A. 21/3/503)

The Bay of Plenty Savings Bank Order 1964, Amendment No. 1

BERNARD FERGUSSON, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington this 19th day of May 1965

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

PURSUANT to the Trustee Savings Banks Act 1948, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby makes the following order.

ORDER

1. This order may be cited as the Bay of Plenty Savings Bank Order 1964, Amendment No. 1, and shall be read together with and deemed part of the Bay of Plenty Savings Bank Order 1964* (hereinafter referred to as the principal order).

2. The principal order is hereby amended by revoking clause 11, and substituting the following clause:

“11. Investments—(1) Notwithstanding anything in section 24 of the Act, but subject to subsections (4A) and (5) thereof and to subclause (2) of this clause, the Bank may invest any money deposited in or belonging to the Bank in the following manner only:

“(a) Where the total amount of such money (excluding money deposited in investment accounts) does not exceed £1,000,000, not less than 90 per cent thereof shall be invested in New Zealand Government securities:

“(b) Where the total amount of such last-described money exceeds £1,000,000, not less than £900,000 thereof together with not less than 50 per cent of so much thereof as exceeds £1,000,000 shall be invested in New Zealand Government securities:

“(c) Any amount not so invested in New Zealand Government securities (excluding the amount required by section 24 (3) of the Act to be kept immediately available) may be invested in any of the ways specified in section 24 (1) of the Act.

“(2) Notwithstanding the provisions of subsection (5) of section 24 of the Act, money invested under paragraph (c) of subclause (1) of this clause on mortgages of estates or interests in land occupied or to be occupied by officers of the bank for residential purposes shall be invested on such terms and conditions as the Minister may approve in writing.”

T. J. SHERRARD, Clerk of the Executive Council.
*Gazette, 5 March 1964, p. 312

The Manawatu Savings Bank Order 1963, Amendment No. 1

BERNARD FERGUSSON, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington this 17th day of May 1965

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

PURSUANT to the Trustee Savings Banks Act 1948, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby makes the following order.

ORDER

1. This order may be cited as the Manawatu Savings Bank Order 1963, Amendment No. 1, and shall be read together with and deemed part of the Manawatu Savings Bank Order 1963* (hereinafter referred to as the principal order).

2. The principal order is hereby amended by revoking clause 11, and substituting the following clause:

“11. Investments—(1) Notwithstanding anything in section 24 of the Act, but subject to subsections (4A) and (5) thereof and to subclause (2) of this clause, the Bank may invest any money deposited in or belonging to the Bank in the following manner only:

“(a) Where the total amount of such money (excluding money deposited in investment accounts) does not exceed £1,000,000, not less than 90 per cent thereof shall be invested in New Zealand Government securities: