THE NEW ZEALAND GAZETTE

No. 44

Honours and Awards

His Excellency the Governor-General has announced that The Queen’s Commendation for Valuable Service in the Air has been awarded to

Captain Arthur Douglas Bayly, of Raumati Beach, as Chief Pilot of the Ministry of Transport’s Calibration Flight at Paraparaumu,

and to

Captain Charles Alexander George, of Raumati Beach, as a Captain and Deputy Chief Pilot of the Ministry of Transport’s Calibration Flight at Paraparaumu.

Dated at Auckland this 18th day of April 1974.

D. C. WILLIAMS,
Official Secretary, Government House.

Consenting to Raising of Loans by Certain Local Authorities

PURSUANT to section 3 of the Local Authorities Loans Act 1956 (as amended by section 3 (1) of the Local Authorities Loans Amendment Act 1967), the undersigned Assistant Secretary to the Treasury, acting under powers delegated to the Secretary to the Treasury by the Minister of Finance, hereby consents to the borrowing by the local authorities mentioned in the Schedule hereto of the whole or any part of the respective amounts specified in that Schedule.

SCHEDULE

Dated at Wellington this 26th day of April 1974.

A. C. SHAILES,
Assistant Secretary to the Treasury.

(T. 40/416/6)

Industrial Relations Act 1973—Cancellation of Registration of Industrial Union

PURSUANT to section 195 (3) of the Industrial Relations Act 1973, it is hereby notified that the registration of the Raglan Waterside Workers’ Industrial Union of Workers, Registered No. 2158, situated at 12 Main Road, Raglan, is hereby cancelled as from the date of the publication of this notice in the Gazette.

Dated at Wellington this 16th day of April 1974.

A. C. RUFFELL,
Registrar of Industrial Unions, Department of Labour.

(Lab. I.C. 139)

Industrial Relations Act 1973—Proposed Cancellation of Registration of Industrial Association

PURSUANT to section 195 (2) of the Industrial Relations Act 1973, it is hereby notified that the registration of the New Zealand Federated Painters’ and Decorators’ Industrial Association of Workers, Registered No. 567, situated at 147 Great North Road, Grey Lynn, Auckland 2, will, unless cause to the contrary is shown, be cancelled on the expiration of 6 weeks from the date of the publication of this notice in the Gazette.

Dated at Wellington this 23rd day of April 1974.

A. C. RUFFELL,
Registrar of Industrial Unions, Department of Labour.

(Lab. I.C. 138)

Industrial Relations Act 1973—Proposed Cancellation of Registration of Industrial Union

PURSUANT to section 195 (2) of the Industrial Relations Act 1973, it is hereby notified that the registration of the Golden Bay Coal Mine Workers’ Industrial Union of Workers, Registered No. 2170, situated at Collingwood, will, unless cause to the contrary is shown, be cancelled on the expiration of 6 weeks from the date of the publication of this notice in the Gazette.

Dated at Wellington this 23rd day of April 1974.

A. C. RUFFELL,
Registrar of Industrial Unions, Department of Labour.

(Lab. I.C. 138)

Registration Office of the Lumsden Branding Registration District Appointed

PURSUANT to sub-section (2) of section 70 of the Animals Act 1967 and to a delegation from the Director-General of Agriculture and Fisheries, under section 10 of the Agriculture and Fisheries Act 1953, for the purposes of the said section the Director, Animal Health Division of the Ministry of Agriculture and Fisheries, hereby appoints the City of Invercargill in lieu of the Borough of Gore as the place at which the registration office for the Lumsden Branding Registration District shall, as from the date hereof, be situated.

Dated at Wellington this 22nd day of April 1974.

G. H. ADLAM,
Director, Animal Health Division,
Ministry of Agriculture and Fisheries.

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 from the close of business on 1 May 1974, and until further notice each trading bank shall maintain on average during each calendar month balances at the Reserve Bank plus holdings of Reserve Bank notes and of New Zealand Government securities together equal to an amount which shall not be less than the aggregate of:

32 percent of that bank’s average demand deposit liabilities in New Zealand in the immediately preceding calendar month as shown by an average of the weekly returns of banking statistics under the Statistics Act 1955, plus

13 percent of that bank’s average time deposit liabilities in New Zealand in the immediately preceding calendar month as shown by an average of the weekly returns of banking statistics under the Statistics Act 1955.

For the purposes of this notice:

(1) The monthly average of a trading bank’s holdings of Reserve Bank notes shall be the average of the figures as shown by the weekly returns of banking statistics under the Statistics Act 1955, for that bank received in the calendar month to which the requirement applies.

(2) The monthly average of a trading bank’s balances at the Reserve Bank and holdings of New Zealand Government securities shall be the average of all daily figures for that bank in the calendar month to which the requirement applies.

(3) Government securities shall consist of Government stock and Treasury bills (all at nominal value) including advance subscriptions for stock lodged by a trading bank with the Reserve Bank.

(4) Balances at the Reserve Bank shall include both demand deposit balances and time deposit balances.

24 April 1974.

A. R. LOW,
Governor.