26 MAY THE NEW ZEALAND GAZETTE 863

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 Friday 20 May 1966, 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: 11 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, 18 May 1966.

RESERVE BANK OF NEW ZEALAND

STATEMENT OF ASSETS AND LIABILITIES OF THE RESERVE BANK OF NEW ZEALAND AS AT THE CLOSE OF BUSINESS ON WEDNESDAY, 18 MAY 1966

Liabilities

Notes in circulation .. .. .. .. £ 79,853,866
Demand deposits—
(a) State .. .. .. .. 13,285,326
(b) Banks .. .. .. .. 8,822,192
(c) Marketing accounts .. .. .. 1,501,926
(d) Other .. .. .. .. 29,741,545
Time deposits.. .. .. .. .. ..
Liabilities in currencies other than New Zealand currency .. .. .. .. 32,676
Other liabilities .. .. .. .. 4,010,693
Capital accounts—
(a) General Reserve Fund .. £ 1,500,000
(b) Other reserves .. 6,915,275
——————
8,415,275

£145,663,499

Assets

Gold .. .. .. .. .. £ 68,074
Overseas assets—
(a) Current accounts and short-term bills .. .. .. £ 25,798,408
(b) Investments .. .. .. 13,191,099
——————
38,989,507
New Zealand coin .. .. .. 596,488
Discounts .. .. .. ..
Advances—
(a) To the State (including Treasury bills) .. .. 1,219,002
(b) To marketing accounts .. 59,312,868
(c) Other advances .. 5,275,750
——————
65,807,620
Investments in New Zealand—
(a) N.Z. Government securities .. 38,230,689
(b) Other .. .. .. 73,750
——————
38,304,439
Other assets .. .. .. .. 1,897,371

£145,663,499

M. R. HUTTON, Deputy Chief Accountant.

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 of Enactment Price (Postage Free)
Transport Act 1962 .. .. .. Motor Vehicle Taxation Regulations 1966 .. 1966/80 25/5/66 1s. 3d. (12c)
Regulation 9 of the Motor Drivers Regulations 1964 .. .. Motor Drivers (Standard Driving Tests) Notice 1965, Amendment No. 1 1966/81 18/5/66 6d. (5c)
Narcotics Act 1965 .. .. .. Narcotics Regulations 1966 .. 1966/82 25/5/66 1s. 3d. (12c)
Narcotics Act 1965 .. .. .. Narcotics Act Commencement Order 1966 .. 1966/83 25/5/66 6d. (5c)
Poisons Act 1960 .. .. .. Poisons Regulations 1964, Amendment No. 1 .. 1966/84 25/5/66 6d. (5c)
Shipping and Seamen Act 1952 .. .. Shipping (Fees) Regulations 1962, Amendment No. 1 1966/85 25/5/66 6d. (5c)

Copies can be purchased from the Government Publications Bookshops—corner of Rutland and Lorne Streets (P.O. Box 5344), Auckland; Investment House, Alma Street (P.O. Box 857), Hamilton; 20 Molesworth Street (Private Bag), Wellington; 130 Oxford Terrace (P.O. Box 1721), Christchurch; corner of Water and Bond Streets (P.O. Box 1104), Dunedin. Prices for quantities supplied on application. Copies may be ordered by quoting serial number.

R. E. OWEN, Government Printer.

D