656 THE NEW ZEALAND GAZETTE No. 31

southern coasts of the South Island. During the following two days
the associated trough of low pressure crossed New Zealand with
only scattered patches of rain until the Auckland Province was
reached. The trough then became stationary, with considerable rain.
On the 18th this trough remained stationary, while another trough
affected mainly coastal districts of the South Island.

The period from the 19th to the 28th was one of mainly fair or
fine weather, apart from unsettled weather with easterly winds in
Gisborne, extending at times to Hawke’s Bay, Wairarapa, and
Northland. Some rain also persisted on the 19th and 20th in

Fiordland. During this period an anticyclone over the eastern Tas-
man Sea intensified and moved south-eastward across New Zealand
to pass to the south of the Chatham Islands. Pressures remained
low to the north-east.

During the last two days of the month a trough of low pressure
crossed the country, followed by a southerly change. Some rain
was reported in most districts, but the Auckland Province and
inland Canterbury were not affected.

M. A. F. BARNETT, Director.
(N.Z. Met. S. Misc. Pub. 107)

Notice Under the Regulations Act 1936

PURSUANT to the Regulations Act 1936, notice is hereby given of the making of regulations as under:

Copies can be purchased from the Government Publications Bookshops—corner of Rutland and Lorne Streets (P.O. Box 5344), Auckland; corner of Lambton Quay and Bunny Street (Private Bag), Wellington; 130 Oxford Terrace (P.O. Box 1721), Christchurch. Prices for quantities supplied on application. Copies may be ordered by quoting serial number.

R. E. OWEN, Government Printer.

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, 11 MAY 1960

R. M. SMITH, Chief Accountant.

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 Deputy Governor of the Reserve Bank, acting with the authority of the Minister of Finance, hereby gives notice that, as from 23 May 1960, 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 32 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.

G. WILSON, Deputy Governor of the Reserve Bank.
Reserve Bank of New Zealand, Wellington, 18 May 1960.

Releasing Land from the Provisions of Part XXIV of the Maori Affairs Act 1953 (Whangaehu Development Scheme)

PURSUANT to section 332 of the Maori Affairs Act 1953, the Board of Maori Affairs hereby declares that on the date of the publication of this notice in the Gazette, the land described in the Schedule hereto shall cease to be subject to the provisions of Part XXIV of the Maori Affairs Act 1953, the said land being so subject by virtue of a notice dated 30 September 1937 and published in the Gazette, 7 October 1937, Volume III, page 2290.

SCHEDULE

WELLINGTON LAND DISTRICT

Dated at Wellington this 18th day of May 1960.

For and on behalf of the Board of Maori Affairs—

E. A. McKAY,
Assistant Secretary for Maori Affairs.

(M.A. 15/5/48, 27/1/557; D.O. 6/160, 5/227)