Act Repealed Latest version as at 13 September 1957 (as enacted) | 1957 No 4

Wellington Harbour Board Loan and Empowering Act 1957

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Power to raise £1,000,000

Expenditure of money

Schedule

Wellington Harbour Board Loan and Empowering Act 1957

Local Act		1957 No 4
Date of assent		13 September 1957

	Title
1	Short Title
2	Interpretation
3	Special Act
4	Works authorised
5	Power to raise £1,000,000
6	Expenditure of money
	Schedule

An Act to authorise the Wellington Harbour Board to borrow the sum of one million pounds for the purpose of constructing the works set forth in the Schedule to this Act

BE IT ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:

1 Short Title

This Act may be cited as the Wellington Harbour Board Loan and Empowering Act 1957.

2 Interpretation

In this Act, “Board” means the Wellington Harbour Board.

3 Special Act

This Act shall be deemed to be a special Act within the meaning of the Harbours Act 1950.

4 Works authorised

The Board is hereby authorised, subject to the Harbours Act 1950, to construct and carry out the works specified in the Schedule to this Act.

5 Power to raise £1,000,000

It shall be lawful for the Board, from time to time as it may require, to borrow, subject to the provisions of the Harbours Act 1950 and the Local Authorities Loans Act 1956, a sum or sums of money not exceeding in the aggregate the sum of one million pounds. The money hereby authorised to be borrowed is in addition to any money heretofore authorised to be borrowed by the Board under any other Act.

6 Expenditure of money

All money borrowed under this Act shall be applied and expended in the construction and carrying out of the works specified in the Schedule to this Act.

Schedule

	£
1. Reconstruction of South Inner Tee, Queens Wharf, at the Port of Wellington, complete with shed with overhead cranes, and of approach to Outer Tee of such wharf	400,000
2. Construction of Shed No. 53, Aotea Quay, at the Port of Wellington, complete with overhead cranes	121,000
3. Completion of the reclamation of approximately 109 acres in the vicinity of the Hutt River estuary (authorised by the Wellington Harbour Reclamation Act 1955) by the reclamation of approximately eighty-three acres (83 acres) of the bed of the harbour at the Port of Wellington in the vicinity of the Hutt River estuary	422,000
4. Contingencies	57,000
	£1,000,000

The location of the said works is shown coloured red on the plan marked M.D. No. 10225, deposited in the office of the Marine Department at Wellington.

Wellington Harbour Board Loan and Empowering Act 1957