Whangarei Harbour Board Empowering Act 1925
Whangarei Harbour Board Empowering Act 1925
Checking for alerts... Loading...
Whangarei Harbour Board Empowering Act 1925
Reprint
as at 20 November 1989
Whangarei Harbour Board Empowering Act 1925
| Local Act | 1925 No 12 |
| Date of assent | 29 September 1925 |
Whangarei Harbour Board Empowering Act 1925: repealed, on 20 November 1989, by section 9(1) of the Local Legislation Act 1989 (1989 No 110).
Note
Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this eprint.
A general outline of these changes is set out in the notes at the end of this eprint, together with other explanatory material about this eprint.
Contents
3 Powers to borrow additional £100,000
4 Consent of electors required to borrow
5 Interest not to exceed 6 per cent
7 Special rate not to exceed sixth-tenths of a cent in the dollar
8 Incorporating the Whangarei Harbour Act 1907, the Whangarei Harbour Board Empowering Act 1914, and the Whangarei Harbour Board Vesting and Empowering Act 1919
An Act to authorize the Whangarei Harbour Board to borrow a further sum of £100,000 in addition to moneys already borrowed, and to levy rates to secure repayment thereof and interest thereon.
1 Short Title
This Act may be cited as the Whangarei Harbour Board Empowering Act 1925.
2 Act deemed a special Act
This Act shall be deemed to be a special Act within the meaning of the Harbours Act 1923, which is accordingly incorporated herewith, and shall be read and construed along with the Whangarei Harbour Act 1907.
3 Powers to borrow additional £100,000
The Whangarei Harbour Board (hereinafter called the Board) shall have power and authority from time to time to borrow, subject to the provisions of the Harbours Act 1923, and this Act, in addition to any sum or sums it is by any other Act in force authorized to borrow, any sum or sums of money not exceeding in the whole £100,000, to be applied in or about the construction and carrying-out of the works mentioned in section 3 of the Whangarei Harbour Board Empowering Act 1914, and also the costs and expenses of and incidental to this Act or incurred in connection with the raising of any money so borrowed, and the first year's interest and sinking fund on any amount so from time to time raised or borrowed for the construction of the works aforesaid.
4 Consent of electors required to borrow
The Board shall not borrow any money under the authority of this Act except with the consent of the electors of the Whangarei Harbour District as defined in the Whangarei Harbour Act 1907, and to be ascertained in manner prescribed by the Local Bodies' Loans Act 1913.
5 Interest not to exceed 6 per cent
No money shall be borrowed under the authority of this Act which shall produce to the lender a higher rate of interest than 6 per centum per annum.
6 Powers to levy special rate
For the purpose of providing the annual charges upon moneys to be borrowed under the authority of this Act the Board shall have the power to make and levy a special rate upon all rateable property in the harbour district as defined in the Whangarei Harbour Act 1907, in manner provided by law and in accordance with the provisions of the Rating Act 1908, and its amendments.
7 Special rate not to exceed sixth-tenths of a cent in the dollar
The special rate to be levied under the authority of this Act shall not exceed sixth-tenths of a cent in the dollar upon the unimproved value of all rateable property in the said harbour district.
8 Incorporating the Whangarei Harbour Act 1907, the Whangarei Harbour Board Empowering Act 1914, and the Whangarei Harbour Board Vesting and Empowering Act 1919
The provisions of the Whangarei Harbour Act 1907, the Whangarei Harbour Board Empowering Act 1914, and the Whangarei Harbour Board Vesting and Empowering Act 1919, except where hereby negatived or inconsistent with the terms of this Act, are hereby incorporated in this Act and shall be deemed to form part hereof.
9 Sinking fund
For the purpose of providing a sinking fund for the liquidation of the loan authorized by this Act the Board shall pay to the Commissioners appointed under section 115 of the Harbours Act 1923, in every year a sum equal to 1 per centum on the moneys borrowed or so much thereof as is for the time being outstanding.
Contents
1General
2About this eprint
3List of amendments incorporated in this eprint (most recent first)
Notes
1 General
-
This is an eprint of the Whangarei Harbour Board Empowering Act 1925. The eprint incorporates all the amendments to the Act as at 20 November 1989. The list of amendments at the end of these notes specifies all the amendments incorporated into this eprint since 29 September 1925.
Relevant provisions of any amending enactments that contain transitional, savings, or application provisions that cannot be compiled in the eprint are also included, after the principal enactment, in chronological order.
2 About this eprint
This eprint has not been officialised. For more information about eprints and officialisation, please see http://www.pco.parliament.govt.nz/eprints/
.
3 List of amendments incorporated in this eprint (most recent first)
Local Legislation Act 1989 (1989 No 110): section 9(1)
"Related Legislation
"Related Legislation
"Related Legislation
Versions
Whangarei Harbour Board Empowering Act 1925
RSS feed link copied, you can now paste this link into your feed reader.