12.

Appropriation of Revenues.

13. Her Majesty may prohibit Grants not recommended by Her.

14. Powers granted to

shall be dissolved or prorogued, and for prescribing the oaths to be
taken or the affirmation to be made by the Members of the said
Corporations, Assemblies or General Assembly, or any of them, before
entering on the discharge of the duties of their respective offices, and
for prescribing the course of proceeding to be followed in the said 5
respective Assemblies, and in the said General Assembly, in regard to the
enactment of laws, statutes and ordinances therein, and for determining
in what cases the Governor-in-Chief for the time being of the Islands
of New Zealand, or the Governor for the time being of any other
such separate provinces as aforesaid, shall, in the name and on the 10
behalf of Her Majesty, assent to any such laws, statutes or ordinances,
or reserve the signification of Her Majesty's pleasure thereon, together
with all such rules as shall be necessary for determining the effect of
the disallowance by Her Majesty of any such law, statute or ordinance,
although not so reserved as aforesaid, together with all such other 15
rules, not being repugnant to this present Act, as it may seem to Her
Majesty necessary to make and establish for carrying into full effect
the purposes and objects thereof.

And be it Enacted, That it shall be lawful for Her Majesty, by any
such Letters Patent as aforesaid, to appropriate and set apart from 20
and out of the revenues of any such separate provinces as aforesaid,
by way of Civil List, for the maintenance of the administration of
justice, and the principal officers of the civil Government, or of such
separate provinces as aforesaid, such sums of money as shall not
exceed Six thousand Pounds by the year in any one of the said 25
separate Governments: Provided always, That if by any law, statute
or ordinance hereafter to be enacted in and by any such assembly as
aforesaid, and assented to by Her Majesty, provision shall be made
for settling on Her Majesty a Civil List in substitution for the before-
mentioned Civil List, then and in that case so much of this Act as 30
relates to the before-mentioned Civil List shall cease to be of any
force and effect within the province in and for which any such law,
statute or ordinance shall so have been enacted.

And be it Enacted, That it shall be lawful for Her Majesty, by such Letters Patent as aforesaid, to prohibit the grant or 35 appropriation of any public money by either of the said Assemblies, or by the said General Assembly, in any case in which such grant or appropriation shall not first have been recommended by Her Majesty, or on Her Majesty's behalf, with a view to or in aid of some specific public service to be performed within the said Provinces respectively, 40 or within the said Islands of New Zealand collectively.

AND whereas it may be convenient that some of the powers Her Majesty hereby vested in Her Majesty should by Her Majesty be executed,

not

5

not by means of such Letters Patent as aforesaid, but by instructions under Her Majesty's Signet and Sign Manual approved in Her Privy Council, and accompanying or referred to in such Letters Patent: AND whereas it may also be convenient that the exercise of some of the powers aforesaid should by Her Majesty be delegated to the Governor-in-Chief of the New Zealand Islands for the time being, or to the respective Governors of the said respective Provinces for the time being, and that it should be competent to Her Majesty from time to time to amend, and for that purpose to add to, or, if necessary, to 10 repeal any such Letters Patent or instructions as aforesaid; BE it therefore Enacted, That it shall be lawful for Her Majesty to execute any of the powers hereby vested in Her Majesty, not by means of such Letters Patent as aforesaid, but by such instructions as aforesaid, and that it shall be lawful for Her Majesty by any such Letters 15 Patent or instructions to delegate to such Governor-in-Chief, or to such respective Governors as aforesaid, the exercise of such of the powers aforesaid as it may seem meet to Her Majesty so to delegate, and to prescribe the manner and form in which, and the conditions subject to which, such delegated authority shall so be exercised; and 20 that it shall also be lawful for Her Majesty from time to time to amend, and for that purpose to add to, or, if necessary, to repeal, any such Letters Patent or instructions as aforesaid.

Provided always, and be it Enacted, That all Letters Patent and instructions which may be issued by Her Majesty in pursuance of this 25 present Act shall be published in the London Gazette, and shall be laid before both Houses of Parliament within One calendar Month from the day of the date thereof, if Parliament shall then be in Session, and if not, then within One calendar Month next after the commencement of the then next ensuing Session of Parliament: Provided also, That 30 no such Letters Patent or instructions as aforesaid, which may be issued at any time subsequently to the Thirty-first day of December One thousand eight hundred and Forty-seven, shall be of any force or effect until the lapse of Sir calendar Months next after the same shall have been so laid before Parliament, in so far as the object of 35 the same may be to amend, add to, or repeal any other Letters Patent or instructions which may theretofore have been issued in pursuance hereof for the purposes aforesaid, or for any of them.

And be it Enacted, That for the purpose of this present Act, the officer for the time being administering, in virtue of Her Majesty's 40 Commission for that purpose, the general Government of the Islands of New Zealand, shall be considered as the Governor-in-Chief of New Zealand, and that the officer for the time being administering, in virtue of Her Majesty's Commissions for that purpose, the respective Governments

623.

A 4

17. Act may be

amended.

Governments of any such separate Province as aforesaid, shall be considered as the Governor of such Province.

And be it Enacted, That the present Act may be amended or repealed in this

present

Session of Parliament.

A

5

BILL

To authorize a Loan from the Consolidated Fund to the
New Zealand Company.

[Note.-The Words printed in Italics are proposed to be inserted
in the Committee.]

W

HEREAS Her Majesty, by Her Royal Letters Patent, Preamble: bearing date at Buckingham Palace, the Twelfth day of February in the year One thousand eight hundred and Forty-one, did grant and ordain that certain persons therein named and described should be and constitute a body corporate, with perpetual succession and a common seal, by the name of the "New Zealand Company," for the purpose of purchasing and acquiring, settling, improving, cultivating, letting, selling, granting, alienating, mortgaging, charging or otherwise dealing with and making a profit of lands, tenements and hereditaments, within Her Majesty's Colony of New Zealand and its Dependencies, and of laying out settlements and towns, and of working therein all mines, pits and quarries, and all minerals and metals, and for the further purpose of conveying or contracting for the conveyance of emigrants to the said Colony and its Dependencies, and of 15 furnishing to emigrants all things requisite for their immediate settlement in the said Colony :

10

And whereas by the said Letters Patent, and also by additional Letters Patent bearing date at Buckingham Palace the Fourth day of August in the year One thousand eight hundred and Forty20 three, the Court of Directors of the said Company was empowered from time to time, with the consent of a Court of Proprietors specially convened for that purpose, to borrow and take up at any lawful rate of interest any sum or sums of money not exceeding in the whole Five hundred thousand Pounds, upon the security and credit of any portion of the subscribed capital of the said Company for the time being not at that time called up, and of the profits of the undertaking,

435

A

1.

thousand Pounds may

be lent to the

New Zealand
Company.

taking, and of the lands, tenements, hereditaments and other property for the time being of the said Company, or any or either of such securities, or any part thereof:

And whereas many of Her Majesty's subjects have already emigrated to New Zealand at the instance of the said Campany, and have expended much of their own capital in forming settlements, in full reliance on the continuance of the Company's operations :

5

And whereas the Court of Directors of the said Company, in pursuance of the powers granted to them in and by the said Letters Patent, have borrowed the sum of Seventy-five thousand Pounds on 10 the security and credit of that portion of the subscribed capital of the said Company which was not at that time called up, amounting in the whole to One hundred thousand Pounds, and for securing repayment of the said loan, with lawful interest thereon, have granted, executed and issued debentures under the seal of the said Company, 15 amounting in the whole to the said sum of Seventy-five thousand pounds, and bearing interest after the rate of Four Pounds Two Shillings in the hundred by the year:

And whereas it is expedient, in order to prevent the discontinuance of the operations of the said Company, and for promoting the well- 20 being of the said settlers, and the future prosperity of the said Colony, that further aid should be afforded to the said Company for the fulfilment of its pecuniary engagements;

30

Be it Enacted, by The QUEEN's most Excellent MAJESTY, by and with the Advice and Consent of the Lords Spiritual 25 and Temporal, and Commons, in this present Parliament assembled, and by the Authority of the same, THAT it shall be lawful for the One hundred Lord High Treasurer, or any Three or more Commissioners of Her Majesty's Treasury of the United Kingdom of Great Britain and Ireland, from time to time to advance and lend to the New Zealand Company out of the growing produce of the Consolidated Fund of the said United Kingdom, free of all fees and deductions, any sum or sums of money not exceeding in the whole the sum of One hundred thousand Pounds, to be applied by the said Company, in the following proportions, in making good the expenses already incurred or here- 35 after to be incurred for the following purposes; (that is to say) any sum not exceeding Eight thousand Pounds toward discharging outstanding claims on the said Company in New Zealand and in the said United Kingdom; a further sum not exceeding Twenty-five thousand Pounds toward placing and carrying on the establishments of the Company 40 in a state of efficiency, and toward contingencies; and a further sum not exceeding Sixty-seven thousand Pounds toward the purchase of land in New Zealand, and for satisfying the claims of the native inha

bitants