1546
THE NEW ZEALAND GAZETTE
No. 52

The Taupo Aerodrome Establishment Order 1965

BERNARD FERGUSSON, Governor-General
ORDER IN COUNCIL

At the Government House at Wellington this 8th day of September 1965

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

PURSUANT to the Local Authorities Empowering (Aviation Encouragement) Act 1929, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby makes the following order.

ORDER

1. This order may be cited as the Taupo Aerodrome Establishment Order 1965.

2. Consent is hereby given to the establishment and maintenance of an aerodrome by the Taupo Borough Council on the land described in the Schedule hereto.

3. The notice published in the Gazette of 14 March 1940 at page 392, whereby the Taupo Road Board was recognised as an aviation authority, is hereby revoked.

SCHEDULE

(a) All that area in the South Auckland Land District comprising 2 acres 2 roods 19 perches, more or less, being part Tauhara Middle 4A 1r 2, Block VI, Tauhara Survey District (S.O. Plan 42744).

(b) All that area in the South Auckland Land District comprising 250 acres 1 rood 39 perches, more or less, being part Section 39, Block VI, Tauhara Survey District (S.O. Plan 43084).

T. J. SHERRARD, Clerk of the Executive Council.

Amendments to Rules of Stock Exchange Association of New Zealand

PURSUANT to section 11 of the Sharebrokers Act 1908, the Governor-General in Council, on 8 September 1965, approved the following amendments to the rules of the Stock Exchange Association:

AMENDMENTS TO RULES

Rule 40 is amended by deleting the word and figures “31 October” appearing therein and substituting therefor the word and figures “30 September”.

Rule 85 is amended as follows (the amendments to take effect at the beginning of the month following the date of gazetting):

I. By deleting from 85 (i) (c) the rate of “1⅓rd” and substituting therefor “2”.

II. By deleting 85 (i) (d) and substituting therefor the following:

“On listed shares, stock and note issues carrying the option exercisable by the holder of conversion into shares or stock, 1½ per cent of the sale price of the share, stock or note issue plus where the sale price per unit is 10s. or less, 5s. per one hundred or part of one hundred units.”

III. By deleting 85 (i) (e) and substituting therefor the following:

“On unlisted shares, stock and note issues carrying the option exercisable by the holder of conversion into shares or stock, the rates prescribed in paragraph (d) plus 50 per cent.”

IV. By deleting from 85 (i) (f) the rate of “2½” and substituting “3”.

V. By deleting from 85 (i) (g) the words “providing however that if the price of the rights be not less than 5s. nor more than 7s. the brokerage shall be 3d. per right”.

VI. By deleting from 85 (ii) both references to “5s.” and substituting therefor “10s.” in each instance.

Rule 93 is revoked and the following rule substituted therefor:

“93. The following scale of fees shall be adopted by all members for valuation of stocks and shares:

(i) On New Zealand Government loans 10s. for every £1,000 of value or part thereof up to £10,000 and thereafter 50s. for each succeeding £10,000 or part thereof. Where more than ten issues are involved in the valuation a further fee shall be charged at the rate of 10s. for each five issues or part thereof in excess of the initial ten issues.

(ii) On listed stocks and shares (including New Zealand local body listed overseas Government, and all other listed bonds and debentures) 10s. for each £500 of value or part thereof up to £10,000 and thereafter 50s. for each succeeding £5,000 or part thereof.

Where more than ten issues are involved in the valuation a further fee shall be charged at the rate of 20s. for each five issues or part thereof in excess of the initial ten issues.

(iii) On unlisted stock double the rates prescribed in the preceding paragraph (ii).

(iv) Notwithstanding the foregoing provisions the minimum valuation fee chargeable shall subject as hereinafter appears be 20s.

Provided that the chairman of an exchange may authorise a member of such exchange to make a greater or lesser charge should circumstances in his opinion warrant such action.

In cases in which a valuation includes securities of more than one of the classes (i) (ii) and (iii) the fees payable in respect of each class of security shall be calculated separately and the total fee shall be the aggregate thereof.”

Rule 111 is amended as follows (the amendment to take effect at the beginning of the month following the date of gazetting):

By deleting from paragraph (i) (d) both references to “£2” and substituting therefor “£2 10s.” in each instance.

Rule 122: The second to last sentence of this rule, namely: “In the absence of the secretary, the chairman or vice-chairman of an exchange may exercise the foregoing powers of the secretary”

is deleted and the following substituted:

“In the absence of the secretary, the chairman or some other person appointed by the Committee of the Exchange may exercise the foregoing powers of the secretary.”

Rule 133 is amended as follows:

(a) By deleting from the first paragraph of clause (i) the words “hereinafter provided” occurring in the fifth line and substituting therefor the words “from time to time prescribed by the Committee”.

(b) By deleting the second paragraph of clause (i) reading “On each application ………………shall not be returnable”.

Rule 137 is amended as follows (the amendment to take effect at the beginning of the month following the date of gazetting):

By deleting the reference to “£5 5s.” and substituting therefor “£5”.

Approved in Council, 8 September 1965.

T. J. SHERRARD, Clerk of the Executive Council.

Appointments, Promotions, Transfers, Resignations, and Retirements of Officers of the New Zealand Army

PURSUANT to section 16 of the New Zealand Army Act 1950, His Excellency the Governor-General has been pleased to approve of the following appointments, promotions, transfers, resignations, and retirements of officers of the New Zealand Army:

ROYAL REGIMENT OF N.Z. ARTILLERY

Territorial Force

16th Field Regiment, RNZA

Lieutenant A. G. H. Gilligan to be Captain. Dated 14 July 1965.

Lieutenant D. J. Gash to be temp. Captain. Dated 14 July 1965.

Lieutenant P. B. A. Williams to be temp. Captain. Dated 14 July 1965.

THE CORPS OF ROYAL N.Z. ENGINEERS

Regular Force

Captain and Quartermaster E. A. Rogers, having reached retiring age for rank, is transferred to the Supernumerary List and re-engaged for a period of one year. Dated 24 August 1965.

ROYAL N.Z. INFANTRY REGIMENT

Regular Force

Major (temp. Lieutenant-Colonel) J. M. Morris to be Lieutenant-Colonel. Dated 7 September 1965.

Territorial Force

Donald Morris Blakeney, B.COM., to be 2nd Lieutenant and is posted to N.Z. Field Records Office. Dated 1 May 1965.

2nd Battalion (Canterbury and Nelson-Marlborough and West Coast), RNZIR

Lieutenant A. Ford to be temp. Captain. Dated 13 August 1965.

ROYAL N.Z. ARMY SERVICE CORPS

Regular Force

Lieutenant (temp. Captain) and Quartermaster Alan Ross Hall is posted to the Retired List in the rank of Captain and Quartermaster. Dated 15 August 1965.

ROYAL N.Z. ARMY MEDICAL CORPS

Regular Force

The short-service engagement of Captain G. P. Duffy, M.B., CH.B., is further extended until 13 July 1966.