19 JUNE
THE NEW ZEALAND GAZETTE 1379
SCHEDULE II--continued
(1) (2) (3) (4) (5) (6) (7)
Name Address Occupation or Description Nature Year(s) in Which Amount or Amount
of Evasion Occurred† Estimated of
Offence Amount of Penal Tax
Tax Evaded† Imposed
White, Barrie Frederick Wildin .. Rotorua .. Floor sander .. A 1969–1972 .. 2,663 600
Wickliffe, Eruera Wiki .. .. Tokoroa .. Welder .. A 1973–74 .. 650 50
Wood, Frederick Collis .. Wellington .. Engineer .. A 1972–73 .. 486 100
Column (4) indicates the nature of the offence as follows:
“A” Furnishing false returns of income.
“B” Failing to furnish returns of income (with intent to evade liability).
†The information in columns (5) and (6) refers solely to the particular year or years for which penal tax was imposed.
SCHEDULE III
PERSONS WHO HAVE BEEN CHARGED WITH PENAL TAX UNDER SECTION 34 OF THE INCOME TAX ASSESSMENT ACT 1957, FOR FAILING TO MAKE TAX DEDUCTIONS FROM SOURCE DEDUCTION PAYMENTS OR, HAVING MADE SUCH DEDUCTIONS, HAVE FAILED TO ACCOUNT FOR THEM TO THE COMMISSIONER OF INLAND REVENUE
(1) (2) (3) (4) (5) (6)
Name Address Occupation or Description Year(s) in Which Amount of Amount
Offence(s) Occurred Tax Deductions of
Involved in Penal Tax
Offence(s) Imposed
A. & B. Francis Ltd. .. Tawa .. Builders .. 1974 .. 5,079 100
Breeses Catering (1961) Ltd. .. Dunedin .. Caterers .. 1975 .. 699 40
Chamberlain, Gordon Kenneth .. Christchurch .. Builder .. 1974, 1975 .. 10,339 140
Cheney, Norman .. Balclutha .. Painter .. 1973 .. 122 60
Colquhoun Holdings Ltd. .. Palmerston North .. Restaurant proprietors .. 1974 .. 156 50
Dynotronics Centre Ltd. .. Wellington .. Motor engineers .. 1973 .. 699 50
Gary Thomas Ltd. .. Nelson .. Earthmoving contractors 1975 .. 2,685 45
Keiller Engineering Ltd. .. Hamilton .. General engineers .. 1974, 1975 .. 979 100
Rue De La Paix Ltd. .. Lower Hutt .. Clothing specialists .. 1974 .. 526 50
Smith Bros. Developments Co. Ltd. .. Tawa .. Builders .. 1973 .. 245 100
Thomas, Gary Richard .. Nelson .. Earthmoving contractor 1974 .. 3,345 90
Waterson, William George McGuinness Paraparaumu .. Baker .. 1974 .. 3,331 100
Wellington Floor Surfacing Co. Ltd.. Wellington .. Floor surfacers .. 1973 .. 1,116 50
Yeoman, Douglas Allan .. Frankton .. Bricklayer .. 1974 .. 486 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, 14 MAY 1975
Liabilities $ Assets $
Notes in circulation .. .. .. 331,802,706 Gold .. .. .. .. .. .. 704,991
Demand deposits— Overseas assets—
(a) State .. .. .. 138,879,692 (a) Current accounts and short-term bills .. .. 74,386,479
(b) Banks .. .. .. 32,504,752 (b) Investments .. .. .. 119,346,035
(c) Marketing accounts .. 14,655,352 (c) Holdings of special drawing rights .. .. 4,807,352
(d) Other .. .. .. 314,169,326
500,209,122
Time deposits .. .. .. 124,310,099 New Zealand coin
Discounts .. .. .. .. 6,468,943
Liabilities in currencies other than New Zealand currency—
(a) Demand .. .. .. $874,741 Advances—
(b) Time .. .. .. 37,174,721 (a) To the State .. .. .. 140,307,340
(b) To marketing accounts .. 361,569,044
38,049,462 (c) Export credits .. .. 18,419,649
Allocation of special drawing rights by I.M.F. .. .. .. .. 64,626,129 (d) Other advances .. .. 30,905,672
Other liabilities (including accumulated profits) .. .. .. 1,987,899 Investments in New Zealand—
(a) N.Z. Government securities .. 296,180,509
Capital accounts— (b) Other .. .. .. .. .. 296,180,509
(a) General reserve fund .. 3,000,000 Other assets .. .. .. .. 31,938,232
(b) Other reserves .. .. 21,048,829
$24,048,829 $551,201,705
$1,085,034,246 $1,085,034,246
J. S. NELSON, Deputy Chief Accountant.
13 June 1975.