First Schedule hereto; and that the public highway described
in the Second Schedule hereto is declared to be a State high-
way within the meaning and for the purposes of the National
Roads Act.

FIRST SCHEDULE

No. 7 State Highway: all that portion from the commence-
ment of the State highway and extending generally north-
westwards for 300 metres, as shown more particularly on
Plan M.O.W. 36578 held at the office of the Ministry of
Works and Development, Wellington.

SECOND SCHEDULE

No. 7 State Highway: all that public highway commencing
at No. 1 State Highway 140 metres east of the main trunk
railway at Waipara, crossing the said railway and extending
generally westwards altogether for 970 metres, as shown
more particularly on Plan M.O.W. 36578 held at the office
of the Ministry of Works and Development, Wellington.

Dated at Wellington this 5th day of August 1975.

Signed on behalf and by direction of the National Roads
Board.

D. J. CHAPMAN, Secretary.

*Gazette No. 68, dated 20 October 1960, p. 1660
(M.O.W. 72/0/13)

Revoking Declaration of State Highway and Declaring Public
Highway to be State Highway

PURSUANT to section 11 of the National Roads Act 1953,
the National Roads Board, acting with the written approval
of the Minister of Works and Development, gives notice
that the notice dated 9 March 1960, published in Gazette,
24 March 1960, Volume I, p. 384, is revoked in so far
as it affects the State highway described in the First Schedule
hereto, and that the public highway described in the Second
Schedule hereto is declared to be a State highway within
the meaning and for the purposes of the National Roads Act.

FIRST SCHEDULE

No. 48 State Highway (Chateau).

SECOND SCHEDULE

No. 48 State Highway (Chateau): commencing at its
junction with No. 47 State Highway 8.84 kilometres east of
National Park and proceeding thence past the Chateau up
to and including the loop road at Iwikau Village on the
slopes of Mount Ruapehu.

Dated at Wellington this 5th day of August 1975.

Signed on behalf and by direction of the National Roads
Board.

D. J. CHAPMAN, Secretary.

(M.O.W. 72/0/6)

Notice of Approval by the Price Tribunal of Increase in
Charge-out Rates for Specified Services

UPON reading the report of the Secretary, Department of
Trade and Industry, dated 24 July 1975, proposing that the
Tribunal exercise its discretionary power under regulation 2
of the Price Freeze Regulations (No. 6) 1973 to approve
to the trades nominated in the Schedule thereto recovery by
way of increased charge-out rates of the additional direct
labour costs arising out of the Wages Adjustment Regulations
1974, Amendment No. 4, the Tribunal resolves:

"To approve, that trades subject to the Price Freeze Regula-
tions (No. 6) 1973 be permitted to recover by way of
charge-out rates the increased labour costs attributable to
direct labour arising from the Wage Adjustment Regula-
tion 1974, Amendment No. 4, less the amount of recovery
of which was authorised under Tribunal Decision No. 5501
dated 20 February 1975."*

Dated at Wellington this 29th day of July 1975.

The Seal of the Price Tribunal was affixed hereto in the
presence of:

K. R. CONGREVE, President.
A. G. BEADLE, Member.
M. A. HERCUS, Member.
F. F. SIMMONS, Member.

*Gazette, 6 March 1975, No. 19, p. 446
(T. and I.)

Customs Notice—Exchange Rates

NOTICE is hereby given, pursuant to the Customs Act 1966,
that the following exchange rates to the New Zealand dollar
relate to imported goods shipped from the country of export
on and after 1 August 1975:

Australia ... ... 0.98 Dollars
Austria ... ... 22.45 Schillings
Bangladesh ... ... 11.04 Takas
Belgium ... ... 47.31 Francs
Burma ... ... 3.95 Kyats
Canada ... ... 1.33 Dollars
China ... ... 2.40 Renminbi
Czechoslovakia ... ... 7.43 Crowns
Denmark ... ... 7.34 Kroner
Egypt ... ... 0.53 £(Egyptian)
Fiji ... ... 1.04 Dollars
Finland ... ... 4.60 Marks
France ... ... 5.45 Francs
Greece ... ... 38.68 Drachma
Hong Kong ... ... 6.41 Dollars
India ... ... 10.71 Rupees
Israel ... ... 7.87 Pounds
Italy ... ... 829.58 Lire
Jamaica ... ... 1.19 Dollars
Japan ... ... 374.43 Yen
Korea, South ... ... 619.97 Won
Malaysia ... ... 3.14 Dollars (New)
Netherlands ... ... 3.29 Guilders
Norway ... ... 6.71 Kroner
Noumea ... ... 98.85 Francs
Pakistan ... ... 12.79 Rupees
Portugal ... ... 32.76 Escudos
Singapore ... ... 3.13 Dollars (New)
South Africa ... ... 0.90 Rand
Spain ... ... 71.96 Pesetas
Sri Lanka ... ... 8.92 Rupees
Sweden ... ... 5.32 Kroner
Switzerland ... ... 3.36 Francs
Tahiti ... ... 98.85 F.P. Francs
Taiwan ... ... 48.44 N.T. Dollars
Tonga ... ... 0.85 Pa'ange
United Kingdom ... ... 0.58 £Sterling
U.S.A. ... ... 1.27 Dollars
West Germany ... ... 3.19 Marks
Western Samoa ... ... 0.77 Talas

Dated at Wellington this 31st day of July 1975.

J. A. KEAN, Comptroller of Customs.

Consenting to Raising of Loans by Certain Local Authorities

PURSUANT to the Local Authorities Loans Act 1956, 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

Local Authority and Name of Loan Amount
Consented to
$
Auckland Electric Power Board:
Home Insulation Loan No. 2, 1975 ... ... 150,000
Buller County Council:
Depot Land Purchase Joint Special Loan 1975 7,000
Coromandel County Council:
Whitianga Water Supply Loan 1975 ... ... 60,000
Horowhenua County Council:
Rural Housing Loan No. 11, 1974 ... ... 150,000
Morrinsville Borough Council:
Pensioner Housing Loan 1975 ... ... 14,000
Upper Hutt City Council:
War Memorial Baths Renewal Loan 1975 ... 13,000
Town Planning Development Renewal Loan
No. 1, 1975 ... ... ... ... ... ... ... 28,000
Rimutaka Riding Bridges Renewal Loan No. 1,
1975 ... ... ... ... ... ... ... 12,500
Wellington City Council:
Renewal Loan No. 4, 1975 ... ... ... ... ... 184,000

Dated at Wellington this 1st day of August 1975.

S. A. McLEOD, Assistant Secretary to the Treasury
(T. 40/416/6)