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New Zealand Gazette – 1965 – No. 69

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✨ Sales Tax Decisions & Reserve Bank Notice

2056

THE NEW ZEALAND GAZETTE

No. 69

PART I--DECISIONS IN INTERPRETATION OF THE STATUTORY EXEMPTIONS FROM SALES TAX--continued

Statutory Exemption	Decision	Record No.
Item No.
224A	PASSENGERS' BAGGAGE AND EFFECTS WHICH ARE NOT INTENDED FOR ANY OTHER PERSON OR PERSONS OR FOR GIFT, SALE, OR EXCHANGE, BEING GOODS OF SUCH CLASSES OR KINDS AS MAY BE APPROVED BY THE MINISTER AND UNDER SUCH CONDITIONS AS HE MAY PRESCRIBE--Goods APPROVED under Item 224A-- Goods admissible under Tariff Part II, Ref. Nos. 27.1 (except motor vehicles), 27.2, 27.3...	24-(s) 224A
231	PLASTIC MATERIALS, INCLUDING CELLULOID, IN SHEETS OR ROLLS--Goods EXEMPT under Item 231-- Plastic sheets cut to shape for windscreens for motor cycles, even if drilled for attachment to the cycle...	24-(s) 231
242	LABELS AND TAGS, ALL KINDS--Goods EXEMPT under Item 242-- Printed forms of the type used by dry cleaning, laundry, and dyeing works at receiving depots, and consisting of a docket showing details of customer's name, address, garments deposited, etc., one copy of which is attached to the garments, even though a copy or copies of the docket may be used for record purposes...	24-(s) 242
246	PRINTED BOOKS, PAPERS, MUSIC, AND ADVERTISING MATTER, BUT NOT INCLUDING ANY OF THE FOLLOWING, VIZ., OFFICE AND OTHER STATIONERY AND FORMS NOT OTHERWISE EXEMPTED; BIRTHDAY AND OTHER ANNIVERSARY BOOKS; CALENDARS; DIARIES; ENTRY FORMS FOR COMPETITIONS; TICKETS WHICH REPRESENT A RECEIPT FOR PAYMENT (e.g., BUS, TRAIN, THEATRE, AND LOTTERY TICKETS)--(Note--“Paper” includes cardboard for sales tax purposes.)Goods EXEMPT under Item 246--Bookmarkers being essentially printed matter...	24-(s) 246
288	SPORTING AND ATHLETIC REQUISITES AS MAY BE APPROVED BY THE MINISTER; ALSO BILLIARD REQUISITES AND FISHING TACKLE--Goods EXEMPT under Item 288--(b) The following indoor games--Badminton and squash racquets...	24-(s) 288

PART II--DECISIONS CANCELLED

Statutory Exemption	Cancellation	Record No.
ITEM 78: Equipment, Apparatus... Electricity ITEM 130: Household utensils... ornaments ITEM 224A: Passenger's Baggage... prescribe ITEM 242: Labels and tags, all kinds...	Goods EXEMPT under Item 78--Wires and cables, insulated... Goods EXEMPT under Item 130--Replicas in miniature... as miniatures... Goods EXEMPT under Item 224A--Goods, except... 27.3.... Goods EXEMPT under Item 242--Printed forms... record purposes....	24-(s) 78 24-(s) 130 24-(s) 224A 24-(s) 242

Dated at Wellington this 18th day of November 1965.

J. F. CUMMINGS, Comptroller of Customs.

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 12 November 1965, 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: 17 per cent of that bank's demand deposits in New Zealand plus 3 per cent of that bank's time deposits in New Zealand (excluding wool retention deposits) as shown in the last preceding monthly return furnished by that bank in accordance with section 31 of the Reserve Bank of New Zealand Act 1964.
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.

Wellington, 10 November 1965.

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VUW Te Waharoa — NZ Gazette 1965, No 69

NZLII — NZ Gazette 1965, No 69

The General Assembly Library (on the right) was completed in 1899 and survived the 1907 fire. Now the oldest remaining original Parliament building, still used as the Parliamentary Library.

✨ LLM interpretation of page content

💰 Decisions on Interpretation of Statutory Exemptions from Sales Tax and Cancellations

Domain💰 Finance & Revenue
Dated18 November 1965
KeywordsSales tax, Statutory exemptions, Interpretation, Cancellations, Goods, Materials, Labels, Books, Sporting requisites
👩‍💼 Officials

J. F. Cummings, Comptroller of Customs

💰 Reserve Bank Notice: Trading Bank Reserve Balances

Domain💰 Finance & Revenue
Dated10 November 1965
KeywordsReserve Bank, Trading banks, Reserve balances, Demand deposits, Time deposits, Wool retention deposits, Statistics Act
👩‍💼 Officials

G. Wilson, Governor

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Additional Sources

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