17 AUGUST
THE NEW ZEALAND GAZETTE
1279
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 21 August 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 28 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, 15 August 1961.
Mutual Insurance Act 1955
PURSUANT to section 41, Mutual Insurance Act 1955, a synopsis
of the business of the under-mentioned insurance associations
as at 31 March 1961, based on statements deposited by those
associations in the office of the Public Trustee, is hereby
published:
FARMERS' MUTUAL INSURANCE ASSOCIATION
Assets:
Cash in hand and at bank ..... 4,362
Loans and Investments ..... 129,119
Outstanding premium notes ..... 159,860
Other assets ..... 100,115
Liabilities:
Policies in force ..... 38,171,879
Current liabilities ..... 90,713
Income:
Premium income ..... 171,231
Interest ..... 4,677
Other income ..... 6,110
Expenditure:
Losses ..... 49,829
Expenses ..... 83,386
Re-insurance ..... 26,324
Other payments and expenses ..... 6,124
DOMINION FARMERS' MUTUAL INSURANCE ASSOCIATION
Assets:
Cash in hand and at bank ..... 32,185
Loans and investments ..... 70,514
Outstanding premium notes ..... 54,385
Other assets ..... 53,664
Liabilities:
Policies in force ..... 28,645,675
Current liabilities ..... 40,234
Income:
Premium income ..... 143,266
Interest ..... 3,418
Other income ..... 5,158
Expenditure:
Losses ..... 58,829
Expenses ..... 57,714
Re-insurance ..... 19,153
Other payments and expenses ..... 9,017
TARANAKI FARMERS' MUTUAL FIRE INSURANCE ASSOCIATION
Assets:
Cash in hand and at bank ..... 4,412
Loans and investments ..... 49,460
Outstanding premium notes ..... 59,760
Other assets ..... 31,140
Liabilities:
Policies in force ..... 9,705,307
Current liabilities ..... 5,636
Income:
Premium income ..... 34,647
Interest ..... 2,116
Other income ..... 5,899
Expenditure:
Losses ..... 8,653
Expenses ..... 18,179
Re-insurance ..... 4,652
Other payments and expenses ..... 4,579
Dated at Wellington this 10th day of August 1961.
W. BROWN, Public Trustee.
Claim for Registration of School Colours and Badge
PURSUANT to the Education Act 1914 and regulations thereunder, the Director of Education hereby gives notice that a
claim has been made as follows for the registration of the
colours, badge, and monogram for Solway College, Masterton:
Colours-Silver and dark green.
School Badge-An emblem in silver forming the monogram
"SC".
Dress or Ornamental Badge-A shield edged in silver on
which the monogram "SC" is emblazoned in silver on a field
of dark green. A scroll in silver surrounding the lower portion
of the shield and bearing the words "Timor Dei Principium
Sapientiae".
If, within 40 days of the publication of this notice, no
objection to this claim is received by me the claim will be
registered in accordance with the provisions of the above Act
and regulations.
This notice is in substitution for a notice appearing in the
Gazette on 11 May 1961, page 687, and that notice is hereby
revoked.
Dated at Wellington this 8th day of August 1961.
A. E. CAMPBELL, Director of Education.
Notice Under the Regulations Act 1936
PURSUANT to the Regulations Act 1936, notice is hereby given of the making of regulations as under:
Authority for Enactment Short Title or Subject-matter Serial Number Date Price
of Enactment (Postage
Free)
Police Offences Act 1927 ... International Atomic Energy Agency Name and 1961/93 28/2/61 6d.
Emblem Notice 1961
Transport Licensing Act 1931 .. Goods Service Vehicle (Constructional) Regulations 1961/94 31/7/61 6d.
1936 (Reprint)
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; 112 Gloucester Street (P.O. Box 1721), Christchurch. Prices for
quantities supplied on application. Copies may be ordered by quoting serial number.
R. E. OWEN, Government Printer.