New Zealand Gazette – 1971 – No. 75

Page 2139

✨ Financial Statement and Tariff Notices



14 OCTOBER
THE NEW ZEALAND GAZETTE
2139

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, 29 SEPTEMBER 1971

Liabilities

Notes in circulation .. .. $ 196,008,231
Demand deposits—
(a) State .. .. .. 101,429,345
(b) Banks .. .. .. 26,614,725
(c) Marketing accounts .. .. 2,666,351
(d) Other .. .. .. 21,139,136
.. .. .. .. 151,849,557
Time deposits .. .. .. .. ..
Liabilities in currencies other than New Zealand currency—
(a) Demand .. .. .. 133,563
(b) Time .. .. .. 2,750,055
.. .. .. .. 2,883,618
Allocation of special drawing rights by I.M.F. 42,848,214
Other liabilities (including accumulated profits) 3,909,918
Capital accounts—
(a) General Reserve Fund .. 3,000,000
(b) Other reserves .. .. 19,826,907
.. .. .. .. 22,826,907
.. .. .. .. $420,326,445

Assets

Gold .. .. .. .. .. $ 704,807
Overseas assets—
(a) Current accounts and short term bills .. .. 126,099,720
(b) Investments .. .. .. 73,821,638
(c) Holdings of special drawing rights 19,404,580
.. .. .. .. 219,325,938
New Zealand coin.. .. .. .. 4,166,461
Discounts .. .. .. .. 3,600,000
Advances—
(a) To the State.. .. .. 425,400
(b) To marketing accounts .. 101,647,162
(c) Export credits .. .. 9,535,274
(d) Other advances .. .. 7,626,000
.. .. .. .. 119,233,836
Investments in New Zealand—
(a) N.Z. Government Securities .. 59,487,970
(b) Other .. .. .. 438,750
.. .. .. .. 59,926,720
Other assets .. .. .. .. 13,368,683
.. .. .. .. $420,326,445

6 October 1971.

M. R. HUTTON, Chief Accountant.

Tariff Notice No. 1971/114—Applications for Approval

NOTICE is hereby given that applications have been made to the Minister of Customs for concessionary entry of the following goods at the rates of Customs duty shown:

Appn No. Tariff Item Goods Rates of Duty Part II Ref.
B.P. MFN.
15479 32.12.03 A.R. 196 resin cement .. .. .. .. Free ..
15427 34.02.00 Liquid soap (metal drum loob) used as a lacquer repellant for protection of machine parts in can making 25%* ..
15442 38.19.99 Ark lone L—used for removing flux residues from printed circuit boards 25%* ..
15476 38.19.99 Inductocoat—a cement used as a foundry furnace coil surround 25%* ..
15474 38.19.99 Hawoferran R11, R12, R13. This product is used for repairing and hardening rubber linings, washers, gaskets, seals, etc. 25%* ..
15436 38.19.99 Nopco NDW .. .. .. .. .. 25%* ..
15434 39.07.97 Cerlox plastic binding elements used for bookbinding .. .. 25%* ..
15501 40.09.01 Vulcanised rubber tubing, unhardened, unground in the rough, for use in reconditioning typewriter platens, and other office machine rollers Free ..
15441 40.14.61 Coated rubber stoppers for use in the manufacture of sterile medical intravenous solutions Free 20%*
15457 73.40.99 Grapple tong and log loading tong .. .. .. .. Free 20%*
15283 74.03.01 Bars of wrought copper, high conductivity, when declared by a manufacturer for use by him only in the manufacture of power distribution transformers 25%* ..
15470 83.02.12 “Efco” K57 and K56R latch and latchsets for use as safety latches on cool room and freezer doors 25%* ..
15432 84.17.49 Continuous pre-expander unit—to process expandable polystyrene raw bead into moulding form for manufacturing insulating sheet material for the freezing industry Free 20%*
15487 84.21.09 Insulation spraying machine .. .. .. .. Free 20%*
15487/92 84.40.38 Heat transfer printing machine for the sublissatic printing of synthetic fabrics Free 15%*
15115 84.59.48 Air control turbo flo humidifier .. .. .. .. Free 20%*
15486/89 84.59.48 Self winding hose reels .. .. .. .. Free 20%*
15488 84.65.09 Push pull cable assemblies morse and teleflex brands, with special ends attached for use only with morse and teleflex actuating steering boxes or engine control boxes. Such cables having a manufacturers rated working push capacity exceeding 250 lbs Free 20%*
15430 85.22.27 Hirst magnet charging equipment .. .. .. .. Free 20%*

*or such lower rate of duty as the Minister may in any case direct

Any person wishing to lodge an objection to the granting of these applications should do so in writing on or before 4 November 1971. Submissions should include a reference to the application number, Tariff item, and description of goods concerned, be addressed to the Comptroller of Customs, Private Bag, Wellington, and supported by information as to:

(a) The range of equivalent goods manufactured locally;
(b) The proportion of New Zealand and imported material used in manufacture;
(c) Present and potential output; and
(d) Details of factory cost in terms of materials, labour, overhead, etc.

Dated at Wellington this 14th day of October 1971.

J. A. KEAN, Comptroller of Customs.



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✨ LLM interpretation of page content

💰 Reserve Bank of New Zealand Statement of Assets and Liabilities

💰 Finance & Revenue
6 October 1971
Reserve Bank, Assets, Liabilities, Financial Statement, Circulation, Deposits, Investments, Currency
  • M. R. Hutton, Chief Accountant

🏭 Tariff Notice No. 1971/114 - Applications for Approval of Goods for Concessionary Entry

🏭 Trade, Customs & Industry
14 October 1971
Tariff Notice, Customs Duty, Concessionary Entry, Goods, Applications, Objections, Comptroller of Customs
  • J. A. Kean, Comptroller of Customs