2 MARCH

THE NEW ZEALAND GAZETTE

367

Reservation of Land and Vesting in the Wairarapa Hospital Board

Pursuant to the Land Act 1948, the Minister of Lands hereby
sets apart the land described in the Schedule hereto as a reserve
for hospital purposes and further, pursuant to the Reserves
and Domains Act 1953, vests the said reserve in the Wairarapa
Hospital Board, in trust, for those purposes.

SCHEDULE

WELLINGTON LAND DISTRICT

SECTION 155, Masterton Small Farm Settlement, situated in
Block I, Otahoua Survey District: Area, 3 roods 9.2 perches,
more or less. Part certificate of title, Volume 455, folio 219.
(S.O. Plan 24608.)

Dated at Wellington this 23rd day of February 1961.
R. G. GERARD, Minister of Lands.
(L. and S. H.O. 6/8/34; D.O. 8/5/399)

Vesting a Reserve in the Lower Hutt City Council

Pursuant to the Reserves and Domains Act 1953, the Minister
of Lands hereby vests the reserve described in the Schedule
hereto in the Mayor, Councillors, and Citizens of the City of
Lower Hutt, in trust, for recreation purposes.

SCHEDULE

WELLINGTON LAND DISTRICT

Lot 1, D.P. 20518, being part Section 52, Hutt District, City of
Lower Hutt: Area, 48 acres 3 roods 7.72 perches, more or less.
Certificates of title, Volume 682, folio 38 (part), Volume 712,
folio 76 (part), Volume 348, folio 76, Deeds Index, Volume
3, folio 214.

Dated at Wellington this 23rd day of February 1961.
R. G. GERARD, Minister of Lands.
(L. and S. H.O. 1/1107/5/3; D.O. 8/3/192)

Cancellation of the Vesting in the Tawera County Council and
Revocation of the Reservation Over a Reserve

Pursuant to the Reserves and Domains Act 1953, the Minister
of Lands hereby cancels the vesting in the Tawera County
Council and revokes the reservation for a gravel pit over the
land described in the Schedule hereto.

SCHEDULE

CANTERBURY LAND DISTRICT

RESERVE 979, situated in Block XII, Kowai Survey District:
Area, 5 acres, more or less. (S.O. Plan 498L.)

Dated at Wellington this 23rd day of February 1961.
R. G. GERARD, Minister of Lands.
(L. and S. H.O. 6/5/65; D.O. 8/5/71)

Time and Place of Elections by Fire Insurance Companies to
Fill Extraordinary Vacancies on the Fire Boards for the
Hutt Valley and Bays United Urban Fire District and the
Nelson United Urban Fire District

Pursuant to the provisions of the Fire Services Act 1949,
the Minister of Internal Affairs hereby appoints 12 noon on
Thursday, 16 March 1961, as the time, and the offices of the
Wellington Fire and Accident Underwriters' Association, 97
The Terrace, Wellington, as the place, for the holding of a
meeting of representatives of the fire insurance companies
carrying on business in New Zealand to elect one member
each for the Fire Boards for the Hutt Valley and Bays United
Urban Fire District and the Nelson United Urban Fire
District.

Dated at Wellington this 23rd day of February 1961.
LÉON GÖTZ, Minister of Internal Affairs.
(I.A. 4/94, 4/119)

Registration of School Colours and Badge

Pursuant to the Education Act 1914 and regulations thereunder, notice is hereby given of the registration of the following school colours and badge for Otahuhu College, Auckland:

Colours—Blue, gold, white, and black.

Badge—A shield edged in gold on which a kotuku is emblazoned on a field of which the upper part is black and the lower part blue: below the shield a scroll outlined in gold with the motto “Kia Tamatane” in gold on a black background.

Dated at Wellington this 27th day of February 1961.
A. E. CAMPBELL, Director of Education.

Classification of Road in Opotiki County

Pursuant to regulation 3 of the Heavy Motor Vehicle Regulations 1955,* the Commissioner of Transport hereby revokes so much of the Warrant dated the 26th day of June 1950† as relates to the road described in the Schedule hereto, and hereby approves the Opotiki County Council's proposed classification of the said road as set out in the said Schedule.

SCHEDULE

OPOTIKI COUNTY

Road Classified in Class Two

Motu Road

Dated at Wellington this 20th day of February 1961.
A. E. FORSYTH, Commissioner of Transport.

*S.R. 1955/59
Amendment No. 1: S.R. 1956/39
Amendment No. 2: S.R. 1960/61
†Gazette, No. 42, dated 29 June 1950, Vol. II, p. 839
(TT. 10/37)

Declaration as Subsidised Highway

NOTICE is hereby given that at its meeting held in Wellington on 22 February 1961 the National Roads Board resolved as follows:

“Pursuant to section 12A of the National Roads Act 1953, the National Roads Board hereby determines that the carriage-way of the public highway described as the West Taupo Road from its junction with No. 41 State Highway (Taumarunui-Turangi) at Kuratau to Tihoi shall be a subsidised highway, and the Board further resolves that only the provisions of the National Roads Act empowering the Board to contribute to the cost of construction of the aforesaid carriageway shall apply to the carriageway.”

Dated at Wellington this 28th day of February 1961.
C. N. JOHNSON, Secretary.
(P.W. 37/626)

The Land and Income Tax Act 1954—Interest on Income Tax Paid in Advance

Pursuant to section 207 of the Land and Income Tax Act 1954 as amended by section 89 (c) of the Income Tax Assessment Act 1957, the Minister of Finance has prescribed that interest at 2½ per centum per annum will be credited on advance payments of income tax made by a taxpayer, being a subsisting company* or a public authority (other than either of them in the capacity of a trustee or agent) or a Maori authority, which will become payable during the financial year ending 31 March 1962, provided the total interest so calculated amounts to 5s. or more.

Advance payments carry interest for each complete month commencing from 2 March 1961 or the date of payment (whichever is the later) to 1 February 1962, inclusive.

Dated at Wellington this 27th day of February 1961.
F. R. MACKEN, Commissioner of Inland Revenue.

*“Subsisting company” means a company which was incorporated before the 26th day of July 1957; but does not include a company which, by virtue of an election under section 42 of the Income Tax Assessment Act 1957, has become a provisional taxpayer.

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 6 March 1961, 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 20 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, 2 March 1961.