New Zealand Legislation: Acts
Acts are laws made by Parliament
| Local Act | 1899 No 17 |
| Date of assent | 13 October 1899 |
Auckland City Borrowing Act 1899: repealed, on 18 November 1992, by section 6(1) of the Local Legislation Act 1992 (1992 No 103).
[Repealed]
3 Power of Corporation to borrow
4 Purposes for which loan raised
5 Debentures, coupons, and poll
6 Limitation of bank overdraft
7 Power to make a special rate
8 Special rate to continue until money paid
9 Provision of the Municipal Corporations Act 1886, to apply, and limit of rate
10 Power to Judge to order Council to levy a special rate
11 Application of moneys borrowed, and balances
12 Purchaser of debenture not concerned
13 Holders of debentures may apply to a Judge of the High Court for the appointment of a Receiver
14 Power for recovery of rates to rest in Receiver
15 Power of Receiver to amend special rate, and application of moneys
16 Judge not deemed interested on account of liability for rates
An Act to empower the City of Auckland to borrow Two Hundred Thousand Dollars.
The reference to “Two Hundred Thousand Pounds”
was substituted, as from 10 July 1967, for a reference to “One Hundred Thousand Pounds”
pursuant to section 7(1) Decimal Currency Act 1964 (1964 No 27).
[Repealed]
Preamble was repealed, as from 19 November 1907, by section 2 Statutes Repeal Act 1907 (1907 No 40). The repealed Preamble read as follows: “WHEREAS it is desirable that the indebtedness of the City of Auckland represented by its bank overdraft on various accounts should be paid off by means of a loan at a lower rate of interest, and further to provide funds for the Council to carry out the following works within the city: The completion of drainage, [eighty-eight thousand seven hundrd and eight dollars]; auxiliary water-supply, [twenty-four thousand dollars]; payment for a site for a fire-brigade station, and housing of firemen, horses, and appliances, [six thousand dollars]; and the paving of Queen Street, Auckland, with wood, asphalt, or other approved material, [twenty-one thousand two hundred and ninety-two dollars]:.”
The references to “eighty-eight thousand seven hundred and eight dollars”
, “twenty four thousand dollars”
, “six thousand dollars”
, and “twenty-one thousand two hundred and ninety-two dollars”
were substituted, as from 10 July 1967, for references to “forty-four thousand three hundred and fifty-four pounds”
, “twelve thousand pounds”
, “three thousand pounds”
, and “ten thousand six hundred and forty-six pounds”
pursuant to section 7(1) Decimal Currency Act 1964 (1964 No 27).
BE IT THEREFORE ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:—
