Local Authority Loans and Regulations




Consenting to Raising of Loans by Certain Local Authorities

PURSUANT to section 3 of the Local Authorities Loans Act 1956
(as amended by section 3 (1) of the Local Authorities Loans
Amendment Act 1967), the undersigned Assistant Secretary to
the Treasury, acting under powers delegated to the Secretary
to the Treasury by the Minister of Finance, hereby consents to
the borrowing by the local authorities mentioned in the
Schedule hereto of the whole or any part of the respective
amounts specified in that Schedule.

SCHEDULE

Local Authority and Name of Loan Amount Consenten to $

Cook County Council: Bridges Renewal Loan
No. 4, 1969
Dannevirke Borough Council: Abattoir Loan
1969
East Coast Bays Borough Council: Roading Re-
demption Loan 1969
Hawke's Bay Hospital Board: Hospital Works
Loan 1969
Onehunga Borough Council: Streets Redemption
Loan 1969
Palmerston North City Council: Natural Gas
Conversion Loan No. 2, 1969
Piako County Council: Tahuna Water Supply
Loan 1969
Tauranga Hospital Board: Hospital Works Loan
1969
Upper Hutt City Council:
Storm-water Drainage Loan No. 4, 1969
Footpaths Construction Loan No. 5, 1969
Whangarei County Council:
Housing Advances Loan 1968
Urban Road Improvement Loan 1969

80,000
40,000
39,200
1,500,000
29,000
425,700
6,000
500,000
50,000
43,000
10,000
68,000

Dated at Wellington this 30th day of May 1969.

S. A. McLEOD, Assistant Secretary to the Treasury.
(T. 40/416/6)

Local Authorities Loans Act 1956—Loan-raising Fees

PURSUANT to section 9 (4A) of the Local Authorities Loan Act
1956 (as inserted by section 4 (3) of the Local Authorities
Loans Amendment Act 1967), notice is hereby given that the
Local Authorities Loans Board, acting with the approval of
the Minister of Finance, has determined as follows:

  1. This general determination shall apply to all money
    which any local authority has received the sanction of the
    Board to borrow by way of special loan, other than money
    already borrowed before the 16th day of June 1969.

  2. The following commission or fees may be paid by any
    local authority in respect of the raising of any loan money
    to which this notice applies:

(a) Brokerage not exceeding one-half percent of the amount
raised.

(b) Underwriting commission or fees not exceeding one-half
percent of the amount underwritten.

(c) A placement fee not exceeding three-quarters percent in
respect of a placement by a single lender of $20,000 or
more for a term of 20 years or more, provided that
no placement fee shall be payable in respect of an
underwritten issue or any part thereof.

Except as aforesaid, no procurement fees or other fees or
commission of a similar nature shall be paid and no discount
shall be allowed to any lender in respect of the raising of any
such loan money.

Dated this 5th day of June 1969.

K. R. WOOD,
Secretary, Local Authorities Loans Board.

Plants Declared Noxious Weeds in the County of Lake (Notice
No. Ag. 10436)

PURSUANT to section 3 of the Noxious Weeds Act 1950 and to
a delegation from the Minister of Agriculture under the
Department of Agriculture Act 1953 for the purposes of the
said section, the following special order, made by the Lake
County Council on the 13th day of May 1969, is hereby
published.

SPECIAL ORDER

In pursuance and exercise of the powers vested in and con-
ferred upon it in that behalf by the Noxious Weeds Act 1950,
the Lake County Council resolves, by way of special order,
as follows—

Blackberry (Rubus fruticosus and Rubus laciniatus),
Common broom (Cytisus scoparius),
Gorse (Ulex, any species),
Hemlock (Conium maculatum),
Nassella tussock (Nassella trichotoma),
Ragwort (Senecio jacobaea),
St. John's wort (Hypericum perforatum),
Sweet brier (Rosa eglanteria syn. Rosa rubiginosa), and
Nodding thistle (Carduus nutans)

are hereby declared noxious weeds within the County of Lake.

Dated at Wellington this 16th day of June 1969.

G. J. ANDERSON, Assistant Director-General.
(Ag. 20649A)

Consenting to Raising of Loans by Certain Local Authorities

PURSUANT to section 3 of the Local Authorities Loans Act 1956
(as amended by section 3 (1) of the Local Authorities Loans
Amendment Act 1967), the undersigned Assistant Secretary to
the Treasury, acting under powers delegated to the Secretary
to the Treasury by the Minister of Finance, hereby consents to
the borrowing by the local authorities mentioned in the
Schedule hereto of the whole or any part of the respective
amounts specified in that Schedule.

SCHEDULE

Local Authority and Name of Loan Amount Consenten to $

Auckland Regional Authority: Drainage Redemp-
tion Loan No. 59, 1969
Bay of Islands County Council: Staff Housing
Loan 1969
Hastings Fire Board: Fire Engine Loan 1969
Hutt Valley Electric-power and Gas Board: Loan
No. 43, Reticulation, 1969
Otaki Borough Council: Pensioner Flats Loan
1969
Stratford Borough Council: Aerodrome Extension
Loan 1969
Tauranga Electric Power Board: Electrical Exten-
sion Loan 1969
Te Puke Borough Council: Water Supply Loan
No. 3 (Reservoir), 1969
Wellington Fire Board: Snorkel Appliance Loan
1969
Whakatane Borough Council: Waterworks Treat-
ment Plant Loan 1969

228,000
16,000
15,000
1,500,000
22,600
46,000
200,000
50,000
63,450
133,000

Dated at Wellington this 9th day of June 1969.

S. A. McLEOD, Assistant Secretary to the Treasury.
(T. 40/416/6)

The Standards Act 1965—British Standards, Revisions, and
Amendments Available for Comment

PURSUANT to subsection (3) of section 23 of the Standards Act
1965, notice is hereby given that the British standards, revisions,
and amendments listed in the Schedule hereto are being consid-
ered for adoption as New Zealand standard specifications or
for endorsement as being suitable for use in New Zealand. All
persons who may be affected by them and who desire to
comment thereon may, on application, obtain copies on loan
from the Standards Association of New Zealand, Private Bag,
Wellington.

Requests should specify that copies are required for comment
purposes.

The closing date for the receipt of comment is 4 July 1969.

Dated at Wellington this 9th day of June 1969.

G. H. EDWARDS, Director,
Standards Association of New Zealand
(S.A. 114/2/1)



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✨ LLM interpretation of page content

💰 Consenting to Raising of Loans by Certain Local Authorities

💰 Finance & Revenue
30 May 1969
Local Authorities Loans Act, Treasury, Loan consents, Cook County Council, Dannevirke Borough Council, East Coast Bays Borough Council, Hawke's Bay Hospital Board, Onehunga Borough Council, Palmerston North City Council, Piako County Council, Tauranga Hospital Board, Upper Hutt City Council, Whangarei County Council
  • S. A. McLeod, Assistant Secretary to the Treasury

💰 Local Authorities Loans Act 1956—Loan-raising Fees

💰 Finance & Revenue
5 June 1969
Local Authorities Loans Act, Local Authorities Loans Board, Loan-raising fees, Brokerage, Underwriting commission, Placement fee
  • K. R. Wood, Secretary, Local Authorities Loans Board

🌾 Plants Declared Noxious Weeds in the County of Lake

🌾 Primary Industries & Resources
16 June 1969
Noxious Weeds Act, Lake County Council, Blackberry, Common broom, Gorse, Hemlock, Nassella tussock, Ragwort, St. John's wort, Sweet brier, Nodding thistle
  • G. J. Anderson, Assistant Director-General

💰 Consenting to Raising of Loans by Certain Local Authorities

💰 Finance & Revenue
9 June 1969
Local Authorities Loans Act, Treasury, Loan consents, Auckland Regional Authority, Bay of Islands County Council, Hastings Fire Board, Hutt Valley Electric-power and Gas Board, Otaki Borough Council, Stratford Borough Council, Tauranga Electric Power Board, Te Puke Borough Council, Wellington Fire Board, Whakatane Borough Council
  • S. A. McLeod, Assistant Secretary to the Treasury

🎓 The Standards Act 1965—British Standards, Revisions, and Amendments Available for Comment

🎓 Education, Culture & Science
9 June 1969
Standards Act, British standards, New Zealand standard specifications, Standards Association of New Zealand
  • G. H. Edwards, Director, Standards Association of New Zealand