New Zealand Gazette – 1949 – No. 40

Page 1433

✨ Financial and Tax Notices



June 30] THE NEW ZEALAND GAZETTE 1433

Minister’s Decisions Under the Sales Tax Act, 1932-33

Customs Department, Wellington, 13th June, 1949.

IT is hereby notified for public information that the Right Hon. the Minister of Customs has decided to interpret the Sales Tax Act, 1932-33 (hereinafter referred to as the Act), as under:—

It should be understood that the decisions contained herein may be revised from time to time in the light of further information which may be obtained by the Minister.

Record No. Decision of Minister.
The following goods are to be regarded as included under the exemptions set out in Column No. 1 (below):—
Exemption.
Column No. 1.
(s) 3/7
(s) 6/20		 Bags, bottles, &c.
„
(s) 3/7
(s) 2/13/26		 Cable and flex ..
(s) 10/50 Bread, cakes, &c.
(s) 20/10/39 Educational apparatus, &c., viz. :—
Goods manufactured in New Zealand and imported goods sold from New Zealand stocks of a class or kind which, if imported, would be admissible under Tariff item 416 on declaration, &c., when purchased for use solely for educational purposes in a school, college, or university
(s) 20/10/14
(s) 20/10/7		 Ditto
„
(s) 4/16
(s) 10/14
(s) 2/73		 Hypochlorites, inorganic
Sugar..
Machinery, &c., of a class or kind which, if they had been approved by the Minister under Tariff item 352 of the Customs Tariff, would have been admitted thereunder
(s) 15/1 Ditto
(s) 10/12
(s) 10/50
(s) 3/84/3		 Nut pastes, &c.
Paper, &c., cut or shaped for wrappers
Pipes and pipe fittings ..
(s) 10/50 Provisions
  • Revises the decisions on “Nurseryland building beakers” and “Electrical amplifying equipment” in M.D. 92.
    † Revises the decision of “Valves, taps, tobies, &c.” in M.D. 39.

The following decisions are cancelled :—

M.D. 14 : Race “Cards” or books.
M.D. 19 : Programmes for sports meetings.
M.D. 25 : Ballot papers.
M.D. 25 : Theatre programmes.
M.D. 26 : Time-tables and scales of fares, &c.

Minister’s Decision 96.] D. G. SAWERS, Comptroller of Customs.

RESERVE BANK OF NEW ZEALAND

STATEMENT OF ASSETS AND LIABILITIES OF THE RESERVE BANK OF NEW ZEALAND AS AT THE CLOSE OF BUSINESS ON WEDNESDAY, 15TH JUNE, 1949

Liabilities £ s. d. Assets £ s. d.
1. General Reserve Fund 1,500,000 0 0 7. Reserve—
2. Bank-notes 50,186,264 0 0 (a) Gold 2,897,930 11 6
3. Demand liabilities— (b) Sterling exchange* 57,816,770 14 6
(a) State 21,580,354 13 9 (c) Gold exchange
(b) Banks 75,093,588 6 6 8. Subsidiary coin 212,400 10 10
(c) Other 211,724 5 7 9. Discounts—
4. Time deposits (a) Commercial and agricultural bills
5. Liabilities in currencies other than New Zealand currency 78,507 8 3 (b) Treasury and local-body bills
6. Other liabilities 3,586,299 15 10 10. Advances—
(a) To the State or State undertakings—
(1) Marketing organizations 5,013,824 16 2
(2) For other purposes 32,000,000 0 0
(b) To other public authorities
(c) Other 4,959,801 11 6
11. Investments 48,094,300 16 7
12. Bank buildings
13. Other assets 1,241,709 8 10
£(N.Z.)152,236,738 9 11 £(N.Z.)152,236,738 9 11
  • Expressed in New Zealand currency.

Proportion of reserve (No. 7 less No. 5) to notes and other demand liabilities, 41·228 per cent. W. R. EGGERS, Chief Accountant.



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✨ LLM interpretation of page content

💰 Minister’s Decisions Under the Sales Tax Act, 1932-33

💰 Finance & Revenue
13 June 1949
Sales Tax Act, Exemptions, Customs, Ministerial Decisions
  • D. G. Sawers, Comptroller of Customs

💰 Statement of Assets and Liabilities of the Reserve Bank of New Zealand

💰 Finance & Revenue
Reserve Bank, Assets, Liabilities, Financial Statement
  • W. R. Eggers, Chief Accountant