FIRE BOARD'S FINANCE.
BORROWING LIMIT RAISED.
Limited borrowing powers are vested in fire boards. In the cases of those in the four cities the boards may not borrow more than a total of £20,000. The law, however, authorises an extension of theso limits by tho Governor-General-in-Council. In November, 1927, tho Auckland board obtained authority to borrow up to £35,000. A further order-in-council has been gazetted raisiDg tho limit for tho board to £40,0001
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Bibliographic details
New Zealand Herald, Volume LXV, Issue 20131, 17 December 1928, Page 10
Word Count
73FIRE BOARD'S FINANCE. New Zealand Herald, Volume LXV, Issue 20131, 17 December 1928, Page 10
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