21 May

(c) That, for the purpose of providing interest, principal,
and other charges on the Redemption Loan No. 2,
1970, the said Council hereby makes and levies a
special rate of 0.0306c in the dollar on the rateable
unimproved value of all rateable property within the
Waipareira “C” special area; and that such special
rate shall be an annually recurring rate through the
currency of the loan and payable yearly on the 1st
day of June each year during the currency of the loan,
being a period of 24 years or until the loan is fully
paid off.
(d) That authority be granted to gazette this resolution.
I hereby certify that the above is a true and correct copy of
an extract from the minutes passed by the Waitemata County
Council on 30 April 1970.
A. TURNER, County Treasurer.
8376
WAITEMATA COUNTY COUNCIL

RESOLUTION MAKING SPECIAL RATE

Redemption Loan No. 3, 1970
THAT, whereas the sum of $29,200, borrowed by the Waitemata
County Council under the Titirangi and Waikumete “A” Sewer
Loan 1963, $606,000, is due and payable on the 6th day of
July 1970, and whereas the amount repaid in respect of the
said loan amounts to only $3,100 and the sum of $26,100 is
required to pay for the said loan, the Waitemata County
Council, in exercise of the powers vested in it in that behalf by
the Local Authorities Loans Act 1956, hereby resolves:
(a) To borrow the sum of $26,100 for the purpose of
repaying the said loan.
(b) That the sum of $26,100 shall be payable on the 6th
day of July 1994, or such earlier date as may be
determined by Council.
(c) That, for the purpose of providing interest, principal,
and other charges on the Redemption Loan No. 3,
1970, the said Council hereby makes and levies a
special rate of 0.0427c in the dollar on the rateable
unimproved value of all rateable property within the
Titirangi and Waikumete “A” special area; and that
such special rate shall be an annually recurring rate
through the currency of the loan, being a period of
24 years or until the loan is fully paid off.
(d) That authority be granted to gazette this resolution.
I hereby certify that the above is a true and correct copy of
an extract from the minutes passed by the Waitemata County
Council on 30 April 1970.
A. TURNER, County Treasurer.
8375
OTOROHANGA COUNTY COUNCIL

RESOLUTION MAKING SPECIAL RATE

Rural Housing Loan 1969, $100,000
PURSUANT to the Local Authorities Loans Act 1956, the
Otorohanga County Council hereby resolves as follows:
“That, for the purpose of providing the annual charges on a
loan of $100,000 authorised to be raised by the Otorohanga
County Council under the above-mentioned Act for the purpose
of making advances to farmers in terms of the Rural
Housing Act 1939, the said Otorohanga County Council hereby
makes a special rate of 0.05563c in the dollar upon the rateable
value (on the basis of the unimproved value) of all rateable
property in the County of Otorohanga; and that the special
rate shall be an annual-recurring rate during the currency of
the loan and be payable yearly on the 1st day of August in
each and every year during the currency of the loan, being a
period of 35 years, or until the loan is fully paid off.”
I hereby certify that the above resolution was duly passed
at a meeting of the Otorohanga County Council held on the
15th day of May 1970.
R. F. MORGAN, County Clerk.
8421
MATAMATA COUNTY COUNCIL

RESOLUTION MAKING SPECIAL RATE

Tokoroa Pensioner Flats Loan No. 2, 1970-$18,600
IN pursuance and exercise of the powers vested in it in that
behalf by the Local Authorities Loans Act 1956 and of all
other powers thereunto enabling it, the Matamata County
Council hereby resolves as follows:
“That, for the purpose of providing the annual charges on a
loan of eighteen thousand six hundred dollars ($18,600), authorised
to be raised by the Matamata County Council under the
above-mentioned Act for the purpose of erecting pensioner
housing, the said Matamata County Council hereby makes a
special rate of decimal nought one four six (.0146) cents in
the dollar upon the rateable value (on the basis of the unimproved
value) of all rateable property in the Tokoroa Riding
(County Borough of Tokoroa); and that such special rate
shall be an annual recurring rate during the currency of the
loan and be payable yearly on the 1st day of September in
each and every year during the currency of the loan, being
a period of thirty (30) years or until the loan is fully paid off.”
We hereby certify that the above resolution was duly passed
at a meeting of the Matamata County Council held on the 14th
day of May 1970.
H. T. A. McGAHAN, County Chairman.
K. A. OTTO, County Clerk.
8387
EAST COAST BAYS BOROUGH COUNCIL

RESOLUTION MAKING SPECIAL RATE

Repayment Loan 1970, $48,000
PURSUANT to the Local Authorities Loans Act 1956, the
East Coast Bays Borough Council hereby resolves as follows:
“That, for the purpose of providing annual charges on a
loan of $48,000 authorised to be raised by the East Coast Bays
Borough Council under the provisions of the Local Authorities
Loans Act 1956 for the purpose of repaying on maturity those
portions of the Glen Var Road Bridge Loan 1963-$10,000,
the Sewer Reticulation Loan No. 2 Area 1963-$530,000,
and the Roading Loan No. 3, 1963-$360,000 which mature on
29 January 1970, the said East Coast Bays Borough Council
hereby makes a special rate of decimal nought two one nine
seven (.02197) cents in the dollar upon the rateable unimproved
value of all rateable properties in the Borough of East
Coast Bays; and that the said special rate shall be an annually
recurring rate during the currency of the loan or until the
loan is fully paid off.”
I hereby certify that the above is a true and correct copy of
a resolution passed by the East Coast Bays Borough Council
at a duly constituted meeting, held on 6 May 1970.
J. MACNAY, Town Clerk.
8385
NOTICE OF PRIVATE BILL

THE AUSTRALIA AND NEW ZEALAND BANKING GROUP BILL
AUSTRALIA and New Zealand Bank Limited hereby gives notice
that it intends to apply for leave to bring in the abovementioned Private Bill during the present session of Parliament.
The object of the Bill is to supplement the Australia and
New Zealand Banking Group Act 1970 of the Parliament of
the United Kingdom by making the transfer of the undertaking
of Australia and New Zealand Bank Limited to
Australia and New Zealand Banking Group Limited fully
effective in New Zealand.
The said Act of the Parliament of the United Kingdom
deals with the merger of the undertakings of Australia and
New Zealand Bank Limited and The English, Scottish and
Australian Bank, Limited, which is to be accomplished by
the transfer of those undertakings to Australia and New
Zealand Banking Group Limited. Legislation is the only
means by which the transfer can be effected efficiently and
economically, and without interference with the conduct and
continuity of the business of banking; but the said Act of
the Parliament of the United Kingdom is not wholly effectual
in achieving its objects in New Zealand because the transfer
of certain assets is governed by the law of New Zealand.