Act Repealed Latest version as at 04 September 1959 (as enacted) | 1959 No 4

Wellington Harbour Board Loan and Empowering Act 1959

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Wellington Harbour Board Loan and Empowering Act 1959

Local Act		1959 No 4
Date of assent		4 September 1959

	Title
1	Short Title
2	Special Act
3	Works authorised
4	Authority to borrow
5	Expenditure of money
	Schedule
	Administrative information

An Act to authorise the Wellington Harbour Board to borrow the sum of one million two hundred and thirty-eight thousand pounds for harbour works and other purposes

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 1959.

2 Special Act

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

3 Works authorised

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

4 Authority to borrow

Authority to borrow—It shall be lawful for the Wellington Harbour 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 two hundred and thirty-eight thousand pounds. The money hereby authorised to be borrowed is in addition to any money heretofore authorised to be borrowed by the Wellington Harbour Board under any other Act.

5 Expenditure of money

All money borrowed under this Act shall be applied and expended in the construction of the harbour works and for the other purposes specified in the Schedule to this Act.

Schedule

Section 3

Transit shed, King’s Wharf, equipped with overhead cranes and wool presses	£
Terminal facilities for car-rail ferry service	121,000
Reconstruction of outer tee, Queen’s Wharf, complete with shed providing facilities for overseas passengers and equipped with overhead cranes	850,000
Loan issuing expenses	18,000
Contingencies	49,000
	£1,238,000

The location of the said works is shown coloured red on the plan marked M.D. No. 10605 deposited in the office of the Marine Department at Wellington.

Wellington Harbour Board Loan and Empowering Act 1959