✨ Loan Repayment Scales
372 THE NEW ZEALAND GAZETTE No. 16
Half Instalment Into Principal
Year Interest Outstanding
£ s. d. £ s. d.
29 1 0 5 37 18 0
30 18 11 34 17 3
31 17 5 31 15 0
32 15 11 28 11 3
33 14 3 25 5 10
34 12 8 21 18 10
35 11 0 18 10 2
36 9 3 14 19 9
37 7 6 11 7 7
38 5 8 7 13 7
39 3 10 3 17 9
40 1 11 0 0 0
————————
£100 0 0
————————
T. J. SHERRARD, Clerk of the Executive Council.
(I.A. 98/49/1)
Prescribing Scale of Principal and Interest Payable Under
Section 333 of the Municipal Corporations Act 1954
BERNARD FERGUSSON, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington this 13th day of
March 1967
Present:
THE RIGHT HON. J. R. MARSHALL, PRESIDING IN COUNCIL
PURSUANT to the Municipal Corporations Act 1954, His Excel-
lency the Governor-General, acting by and with the advice
and consent of the Executive Council, hereby prescribes a
scale of principal and interest payments for loans repayable
over a period of 25 years, with interest at the rate of 5½
percent per annum.
———
SCALE
AMOUNT of principal and interest payable during each period
of six months for every £100 of unpaid purchase money or
advance at 5½ percent interest for a period of 25 years:
Loan of £100 for 25 years at 5½ percent per annum
Half-yearly Instalment = £3 14s. 1d.
Half Instalment Into Principal
Year Interest Outstanding
£ s. d. £ s. d.
1 2 15 0 99 0 11
2 2 14 6 98 1 4
3 2 13 11 97 1 2
4 2 13 5 96 0 6
5 2 12 10 94 19 3
6 2 12 3 93 17 5
7 2 11 7 92 14 11
8 2 11 0 91 11 10
9 2 10 4 90 8 1
10 2 9 9 89 3 9
11 2 9 1 87 18 9
12 2 8 4 86 13 0
13 2 7 8 85 6 7
14 2 6 11 83 19 5
15 2 6 2 82 11 6
16 2 5 5 81 2 10
17 2 4 8 79 13 5
18 2 3 10 78 3 2
19 2 3 0 76 12 1
20 2 2 2 75 0 2
21 2 1 3 73 7 4
22 2 0 4 71 13 7
23 1 19 5 69 18 11
24 1 18 6 68 3 4
25 1 17 6 66 6 9
26 1 16 6 64 9 2
27 1 15 5 62 10 6
28 1 14 5 60 10 10
29 1 13 4 58 10 1
30 1 12 2 56 8 2
31 1 11 0 54 5 1
32 1 9 10 52 0 10
33 1 8 7 49 15 4
34 1 7 4 47 8 7
35 1 6 1 45 0 7
36 1 4 9 42 11 3
37 1 3 5 40 0 7
38 1 2 0 37 8 6
39 1 0 7 34 15 0
40 19 1 32 0 0
41 17 7 29 3 6
42 16 1 26 5 6
43 14 5 23 5 10
44 12 10 20 4 7
45 11 2 17 1 8
46 9 5 13 17 0
Half Instalment Into Principal
Year Interest Outstanding
£ s. d. £ s. d.
47 7 7 10 10 6
48 5 10 7 2 3
49 3 11 3 12 1
50 2 0 0 0 0
————————
£100 0 0
————————
T. J. SHERRARD, Clerk of the Executive Council.
(I.A. 98/49/1)
Prescribing Scale of Principal and Interest Payable Under
Section 333 of the Municipal Corporations Act 1954
BERNARD FERGUSSON, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington this 13th day of
March 1967
Present:
THE RIGHT HON. J. R. MARSHALL, PRESIDING IN COUNCIL
PURSUANT to the Municipal Corporations Act 1954, His Excel-
lency the Governor-General, acting by and with the advice
and consent of the Executive Council, hereby prescribes a
scale of principal and interest payments for loans repayable
over a period of 25 years, with interest at the rate of 5
percent per annum.
———
SCALE
AMOUNT of principal and interest payable during each period
of six months for every £100 of unpaid purchase money or
advance at 5 percent interest for a period of 25 years:
Loan of £100 for 25 years at 5 percent per annum
Half-yearly Instalment = £3 10s. 6d.
Half Instalment Into Principal
Year Interest Outstanding
£ s. d. £ s. d.
1 2 10 0 98 19 6
2 2 9 6 97 18 6
3 2 8 11 96 16 11
4 2 8 5 95 14 10
5 2 7 10 94 12 2
6 2 7 3 93 8 11
7 2 6 9 92 5 2
8 2 6 1 91 0 9
9 2 5 6 89 15 9
10 2 4 11 88 10 2
11 2 4 3 87 3 11
12 2 3 7 85 17 0
13 2 2 11 84 9 5
14 2 2 3 83 1 2
15 2 1 6 81 12 2
16 2 0 9 80 2 5
17 2 0 1 78 12 0
18 1 19 3 77 0 9
19 1 18 6 75 8 9
20 1 17 8 73 15 11
21 1 16 11 72 2 4
22 1 16 1 70 7 11
23 1 15 2 68 12 7
24 1 14 4 66 16 5
25 1 13 5 64 19 4
26 1 12 6 63 1 4
27 1 11 6 61 2 4
28 1 10 6 59 2 4
29 1 9 6 57 1 4
30 1 8 6 54 19 4
31 1 7 6 52 16 4
32 1 6 5 50 12 3
33 1 5 3 48 7 0
34 1 4 2 46 0 8
35 1 3 0 43 13 2
36 1 1 10 41 4 6
37 1 0 7 38 14 7
38 19 4 36 3 5
39 18 1 33 11 0
40 16 9 30 17 3
41 15 5 28 2 2
42 14 0 25 5 8
43 12 8 22 7 10
44 11 2 19 8 6
45 9 8 16 7 8
46 8 2 13 5 4
47 6 7 10 1 5
48 5 0 6 15 11
49 3 5 3 8 10
50 1 8 0 0 0
————————
£100 0 0
————————
T. J. SHERRARD, Clerk of the Executive Council.
(I.A. 98/49/1)
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VUW Te Waharoa —
NZ Gazette 1967, No 16
NZLII —
NZ Gazette 1967, No 16
✨ LLM interpretation of page content
💰 Prescribing Scale of Principal and Interest Payable Under Section 333 of the Municipal Corporations Act 1954 (5%)
💰 Finance & Revenue13 March 1967
Municipal Corporations Act, Scale of principal and interest, 5% interest, 20-year loan
- T. J. Sherrard, Clerk of the Executive Council
💰 Prescribing Scale of Principal and Interest Payable Under Section 333 of the Municipal Corporations Act 1954 (5½%)
💰 Finance & Revenue13 March 1967
Municipal Corporations Act, Scale of principal and interest, 5.5% interest, 25-year loan
- T. J. Sherrard, Clerk of the Executive Council
💰 Prescribing Scale of Principal and Interest Payable Under Section 333 of the Municipal Corporations Act 1954 (5%)
💰 Finance & Revenue13 March 1967
Municipal Corporations Act, Scale of principal and interest, 5% interest, 25-year loan
- T. J. Sherrard, Clerk of the Executive Council