23 DECEMBER

THE NEW ZEALAND GAZETTE

2403

Retailers' Prices

11. (1) Subject to the following provisions of this clause the maximum price that may be charged or received by any retailer for any wheat to which this order applies shall be the sum of the following amounts:

(a) The cost of the wheat to the retailer at the point at which he takes delivery but not more in any case than the cost that would have been incurred had the retailer purchased the wheat in lots of ½ ton or more.

(b) The amount of any transport charges incurred by the retailer in obtaining delivery of the wheat into his store, being not more in any case than the charges that would have been incurred had delivery been effected at common carrier rates.

(c) Any amount calculated at the rate per bushel as follows:

(i) For wheat sold in sack lots: 1s. 3d. per bushel.
(ii) For wheat sold in lots of ½ bushel or more but less than one sack: 2s. per bushel.
(iii) For wheat sold in lots of less than ½ bushel: 2s. 9d. per bushel.

(2) Where the cost of the wheat to the retailer does not include the cost of the sacks the price computed in accordance with subclause (1) hereof may be increased at the rate of 5½d. per bushel.

12. Where the prices fixed by this order do not include the price of the sacks, an additional charge may be made for the sacks not exceeding:

For 46-in. by 23-in. sacks ... ... ... ... 2 0
For 41-in. by 23-in. sacks ... ... ... ... 2 0
For 29-in. by 18-in. (sugar bags) ... ... ... 0 9

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

Dated at Wellington this 22nd day of December 1964.

A. G. BEADLE, Director of Trade Practices and Prices Division.

(I. and C.)

*Gazette, 9 July 1964, Vol. II, p. 1121
†S.R. 1944/94, p. 255

Prices for Cheese Intended for Export

Pursuant to section 26 of the Dairy Production and Marketing Board Act 1961, the Dairy Products Prices Authority has fixed new prices to be paid for all cheese manufactured from milk or cream delivered to a dairy factory in the season commencing on the 1st day of June 1964, and acquired by the New Zealand Dairy Production and Marketing Board, pursuant to Part II of the said Act, at the several prices and upon the terms, stipulations, and conditions following, that is to say:

1. In the case of New Zealand waxed cheddar cheese to which is assigned one or other of the following respective grades and which is allotted points in grading within the range of the following respective grade points under the said regulations—

(a) For “Finest” grade, 94 points or over, the price of 20·844d. per pound;
(b) For “Finest” grade, 93 points or over but under 94 points, the price of 20·594d. per pound;
(c) For “First” grade, 92 points or over but under 93 points, the basic price of 19·594d. per pound;
(d) For “First” grade, 91 points or over but under 92 points, the price of 19·344d. per pound;
(e) For “Graded”, 88 points or over but under 91 points, the price of 18·344d. per pound;
(f) For “Seconds”, 87 points and under, the price of 15·844d. per pound.

2. The prices set out in paragraph 3, Gazette notice, Gazette, No. 40, 2 July 1964, page 1090, are amended accordingly.

Dated at Wellington this 21st day of December 1964.

G. A. DUNCAN, Chairman,
Dairy Products Prices Authority.

Notice to Make Payment of Income Tax Under the Land and Income Tax Act 1954

Pursuant to the Land and Income Tax Act 1954, the Commissioner of Inland Revenue hereby gives notice as follows:

Income tax payable for the year of assessment which commenced on the 1st day of April 1964 on income derived (or deemed to have been derived) during the income year which commenced on the 1st day of April 1963 by:

(1) Every subsisting company* otherwise than as trustee or agent;
(2) Every public authority otherwise than as trustee or agent;
(3) Every Maori authority;
shall be due and payable in one sum on the 7th day of February 1965 at any office of the Taxes Division, Inland Revenue Department, or at any money-order post office.

Dated at Wellington this 18th day of December 1964.

L. J. RATHGEN, 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 33 of the Reserve Bank of New Zealand Act 1964, the Reserve Bank, acting with the approval of the Minister of Finance, hereby gives notice that, as at the close of business on 18 December 1964, and until further notice, balances to be maintained in the Reserve Bank by each trading bank shall be equal to an amount which, when added to that bank’s holdings of Reserve Bank notes as disclosed in that bank’s latest available weekly return of banking statistics under the Statistics Act 1955, will be not less than the aggregate of: 31 per cent of that bank's demand liabilities in New Zealand, plus 3 per cent of that bank’s time liabilities in New Zealand (excluding wool retention deposits) 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.

The balances to be maintained as aforesaid shall be exclusive of any balance held by a trading bank in its wool retention or special fund account at the Reserve Bank.

G. WILSON, Governor.

16 December 1964.