Financial, Land and Standards Notices




9 APRIL
THE NEW ZEALAND GAZETTE
455

Reserve Bank of New Zealand

Pursuant to section 45 of the Reserve Bank of New Zealand Act 1933 (as amended by section 23 of the Reserve Bank of New Zealand Amendment Act 1936), the Governor of the Reserve Bank, acting with the authority of the Minister of Finance, hereby gives notice that, as from 10 April 1959, the balance to be maintained in the Reserve Bank by each other bank for the time being carrying on business in New Zealand in accordance with the said section 45 shall be such that, when added to that bank’s holding of Reserve Bank notes, it shall be equal to not less than 25 per cent of its demand liabilities in New Zealand, plus 10 per cent of its time liabilities in New Zealand, as shown in the last preceding monthly return furnished by that bank in accordance with section 46 of the Reserve Bank of New Zealand Act 1933:

Provided that the minimum balance to be maintained at the Reserve Bank shall not be less than 7 per cent of its demand liabilities in New Zealand, plus 3 per cent of its time liabilities in New Zealand.

For the purpose of this calculation a bank’s holding of Reserve Bank notes shall be as shown in the latest available weekly return provided under the Statistics Act 1955.

E. C. FUSSELL, Governor of the Reserve Bank.
Reserve Bank of New Zealand, Wellington, 7 April 1959.


Lands Declared to be Infected Places for the Purposes of Section 12 of the Stock Act 1908 (Notice No. Ag. 6713)

Pursuant to section 12 of the Stock Act 1908, the lands described in the Schedule hereto have been declared infected places for the purposes of the said section.

SCHEDULE

ALL that area situated in the Wairarapa South County in the Wellington Land District, containing by admeasurement 697 acres 2 roods 1 perch, being Sections 37, 38, 39, 40, 60, 101 No. 2, and part Section 36, Taratahi Plain Block, situated also in Block XII, Tiffin Survey District, and contained in certificate of title 354, folio 81, Wellington Land Registry.

All that area situated in the South Wairarapa County in the Wellington Land District, containing by admeasurement 304 acres 3 roods 1 perch, being Section 148, part 187, Sections 149, 150, part 187, part Section 187, Taratahi Plain Block, Block VII, Tiffin Survey District.

Dated at Wellington this 1st day of April 1959.

J. E. MCILWAINE, Chief Inspector of Stock.


The Standards Act 1941—New Zealand Standard Model Building Bylaw (N.Z.S.S. 95)—D. 5737: Draft Part XIII, Concrete Structures for the Storage of Liquids.

Pursuant to subsection (3) of section 8 of the Standards Act 1941, notice is hereby given that the above draft New Zealand standard specification is being circulated.

All persons who may be affected by this specification and who desire to comment thereon may, on application, obtain copies free of charge from the N.Z. Standards Institute, 201 Lambton Quay (P.O. Box 195), Wellington C.1.

The closing date for the receipt of comment is 8 June 1959.

Dated at Wellington this 8th day of April 1959.

E. G. HEGGIE,
Acting Executive Officer, Standards Council.


The Standards Act 1941—Draft New Zealand Standard Specification (Government Purchasing Series), No. D. 5858: Cotton Bed Sheeting, Cotton Bed Sheets, and Pillow Slips

Pursuant to subsection (3) of section 8 of the Standards Act 1941, notice is hereby given that the above draft New Zealand standard specification is being circulated.

All persons who may be affected by this specification and who desire to comment thereon may, on application, obtain copies free of charge from the N.Z. Standards Institute, 201 Lambton Quay (P.O. Box 195), Wellington C.1.

The closing date for the receipt of comment is 15 May 1959.

Dated at Wellington this 3rd day of April 1959.

E. G. HEGGIE,
Acting Executive Officer, Standards Council.

Price Order No. 1772 (Island Oranges)

Pursuant to the Control of Prices Act 1947, the Price Tribunal hereby makes the following price order:

  1. This order may be cited as Price Order No. 1772, and shall come into force on the 10th day of April 1959.

  2. (1) Price Order No. 1692* is hereby revoked.

(2) The revocation of the said order shall not affect the liability of any person for any offence in relation thereto committed before the coming into force of this order.

  1. (1) In this order “Island oranges” means oranges grown in any of the Pacific Islands and imported into New Zealand.

(2) References in this order to metropolitan areas are references to the metropolitan areas described in the Schedule hereto.

APPLICATION OF THIS ORDER

  1. This order applies with respect to all Island oranges.

MAXIMUM RETAIL PRICES

  1. (1) Subject to the provisions of this clause, the maximum price that may be charged or received by any retailer for any Island oranges shall be—

(a) When sold by a retailer carrying on business in any of the metropolitan areas of Auckland, Wellington, Christchurch, or Dunedin, or in any of the Cities or Boroughs of Whangarei, Hamilton, Tauranga, Gisborne, New Plymouth, Stratford, Wanganui, Palmerston North, Napier, Hastings, Blenheim, Nelson, Greymouth, Timaru, Westport, Oamaru, Balclutha, Gore, or Invercargill—

1s. 0d. per pound.

(b) When sold by a retailer carrying on business elsewhere—

1s. 0½d. per pound.

(2) If in respect of any lot of oranges sold by a retailer the maximum price calculated in accordance with the foregoing provisions of this clause is not an exact number of pence or halfpence, the maximum price of the lot may be computed to the next upward halfpenny.

SPECIAL PRICES WHERE EXTRAORDINARY CHARGES INCURRED

  1. Subject to such conditions, if any, as it thinks fit, the Tribunal, on application by any retailer, may authorise special prices in respect of any Island oranges to which this order applies where special circumstances exist, or for any reason extraordinary charges (freight or otherwise) are incurred by the retailer. Any authority given by the Tribunal under this clause may apply with respect to a specified lot or consignment of oranges or may relate generally to all Island oranges to which this order applies sold by the retailer while the approval remains in force.

DUTY IMPOSED ON RETAILERS

  1. Every retailer who offers or exposes any Island oranges for sale in any shop shall keep in a prominent position in such proximity to the oranges to which it relates as to be obviously descriptive thereof, a ticket, placard, or label on which shall be stated in legible and prominent characters the following particulars:

(a) The retail price per pound of the oranges:

(b) The word “Island”.


SCHEDULE

DEFINITION OF METROPOLITAN AREAS

Name of Metropolitan Area Districts Included Therein
Auckland The City of Auckland, the Boroughs of Birkenhead, Devonport, Ellerslie, Mount Albert, Mount Eden, Mount Roskill, New Lynn, Newmarket, Northcote, Onehunga, One Tree Hill, Otahuhu, Takapuna, Mount Wellington.
Wellington The Cities of Wellington and Lower Hutt, the Boroughs of Eastbourne and Petone.
Christchurch The City of Christchurch and the Borough of Riccarton.
Dunedin The City of Dunedin and the Boroughs of Green Island, Port Chalmers, St. Kilda, and West Harbour.

Dated at Wellington this 8th day of April 1959.

The seal of the Price Tribunal was affixed hereto in the presence of—

[L.S.]

A. E. DAVY, Presiding Member.
R. D. CHRISTIE, Member.
F. F. SIMMONS, Member.

*Gazette, 11 April 1957, Vol. I. p. 634



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✨ LLM interpretation of page content

💰 Reserve Bank of New Zealand - Minimum Balance Requirements

💰 Finance & Revenue
7 April 1959
Reserve Bank, banking, liabilities, demand liabilities, time liabilities, notes, minimum balance
  • E. C. Fussell, Governor of the Reserve Bank

🌾 Lands Declared Infected Places for Stock Act

🌾 Primary Industries & Resources
1 April 1959
Stock Act, infected places, Wairarapa South County, Wellington Land District, Taratahi Plain Block
  • J. E. McIlwaine, Chief Inspector of Stock

🏗️ Draft New Zealand Standard Specification for Concrete Structures for Storage of Liquids

🏗️ Infrastructure & Public Works
8 April 1959
Standards Act, building bylaw, concrete structures, liquid storage, draft specification, N.Z. Standards Institute
  • E. G. Heggie, Acting Executive Officer, Standards Council

🏭 Draft New Zealand Standard Specification for Cotton Bedding

🏭 Trade, Customs & Industry
3 April 1959
Standards Act, cotton, bed sheeting, bed sheets, pillow slips, draft specification, N.Z. Standards Institute
  • E. G. Heggie, Acting Executive Officer, Standards Council

🏭 Price Order No. 1772 - Island Oranges

🏭 Trade, Customs & Industry
8 April 1959
Price Order, Control of Prices Act, Island oranges, maximum retail prices, metropolitan areas, Wellington, Auckland, Christchurch, Dunedin
  • A. E. Davy, Presiding Member
  • R. D. Christie, Member
  • F. F. Simmons, Member