25 MARCH THE NEW ZEALAND GAZETTE 549

Tariff and Development Board Notice No. 213—Public Inquiry into Import Duties and Import Licensing Affecting Post-Hole and Similar Diggers of the Auger Type of Less than 10 hp and Chain Saw Digging Attachments (Tariff Item 84.49.11)

1. Following receipt by the Minister of Customs of a report from the Emergency Protection Authority, the Government has accepted the recommendation in respect of post-hole diggers of the auger type of less than 10 hp and auger type digging attachments for use with chain saws and has temporarily amended the Tariff in respect of these goods in the manner indicated in the First Schedule to this notice pending inquiry and report by the Tariff and Development Board.

2. In accordance with the provisions of the Tariff and Development Board Act, the Minister of Customs has requested the Board to inquire into and report on what form of permanent protection, if any, is necessary in respect of these goods which, prior to the introduction of the temporary measures described in the First Schedule, were classified in the Tariff as set out in the Second Schedule to this notice.

3. The Board will, in accordance with its normal procedures, conduct a public inquiry in the Boardroom, First Floor, Law Society Building, 26 Waring Taylor Street, Wellington, on Thursday, 17 June 1971, commencing at 10.30 a.m.

4. Any person who intends to tender evidence should lodge 12 copies of a typewritten statement of evidence, to be presented under oath at the public inquiry, at the Board’s office no later than Thursday, 3 June 1971. In preparing this evidence the “Notes for Guidance of Witnesses” prepared by the Board may be of assistance. Copies of these notes may be obtained from the Board’s office.

Dated at Wellington this 23rd day of March 1971. O. A. BLACK, Secretary, Tariff and Development Board.

P.O. Box 5070, Wellington.

FIRST SCHEDULE

Number Description Rates of Duty
BP MFN Gen
84.49 Tools for working in the hand, pneumatic or with self-contained non-electric motor:
84.49.11 Diggers, auger type, designed for making post and other holes and having an
engine rating of less than 10 horsepower; auger type digging attachments suited for
use with chain saws .. .. .. .. .. .. .. .. .. .. 20% 40% 45%
84.49.19 Other .. .. .. .. .. .. .. .. .. .. Free 20% 25%

SECOND SCHEDULE

Number Description Rates of Duty
BP MFN Gen
84.49 Tools for working in the hand, pneumatic or with self-contained non-electric motor:
84.49.09 Other tools .. .. .. .. .. .. .. .. .. .. Free 20% 25%

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, 10 MARCH 1971

Liabilities $ Assets $
Notes in circulation 194,293,440 Gold 704,807
Demand deposits—
(a) State 43,756,788 Overseas assets—
(b) Banks 25,857,499 (a) Current accounts and short term bills 41,397,286
(c) Marketing accounts 2,924,296 (b) Investments 26,957,108
(d) Other 16,712,131 (c) Holdings of special drawing rights 19,627,805
89,250,714 87,982,199
Time deposits .. New Zealand coin. 2,951,185
Liabilities in currencies other than New Zealand Currency— Discounts 2,900,000
(a) Demand 926,570 Advances—
(b) Time 5,420,012 (a) To the State (including Treasury bills) 9,351,250
6,346,582 (b) To marketing accounts 157,151,917
Allocation of special drawing rights by I.M.F. (c) Export credits 4,889,747
42,848,214 (d) Other advances 1,927,000
Other liabilities (including accumulated profits) 173,319,914
9,034,455 Investments in New Zealand—
Capital accounts—
(a) General Reserve Fund 3,000,000 (a) N.Z. Government Securities 79,899,827
(b) Other Reserves 17,847,056 (b) Other 293,250
20,847,056 80,193,077
Other assets 14,569,279
$362,620,461
$362,620,461

16 March 1971. M. R. HUTTON, Chief Accountant.