2 OCTOBER

26 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
10 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 Govern-
ment 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.
R. W. R. WHITE, Deputy Governor.
24 September 1975.
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
Ashburton Borough Council:
Fire Station Loan 1975
Auckland City Council:
Redemption Loan No. 128, 1975
Auckland Harbour Board:
Loan No. 3, 1975
Auckland Regional Authority:
Airport Loan No. 5, 1975
Awatere County Council:
Staff Housing Loan 1975
Christchurch City Council:
Elderly Persons' Housing (Cobham Street)
Loan 1975
Feilding Borough Council:
Fire Station (Supplementary) Loan No. 4,
1975
Franklin County Council:
Rural Housing Loan No. 2, 1975
Hastings Fire Board:
Property Purchase Loan 1975
Hawke's Bay Hospital Board:
Hospital Works Loan 1975
Kiwitea County Council:
Rural Housing Loan No. 5, 1975
Marlborough County Council:
Waikawa Water Supply Supplementary Loan
1975
Martinborough Borough Council:
Sewerage Supplementary Loan 1975
Matamata County Council:
Rural Housing Loan No. 19, 1975
Morrinsville Borough Council:
Fire Station Extension Loan 1975
Napier City Council:
Taradale Water Supply Loan No. 2, 1975
New Lynn Borough Council:
Pensioners' Flats Loan 1975
Otago Hospital Board:
Works Loan 1975
Amount
Consented to
$
300,500
417,980
8,500,000
4,200,000
60,000
133,000
45,200
125,000
40,000
1,000,000
40,000
7,600
24,000
100,000
43,000
600,000
28,000
15,000,000
Local Authority and Name of Loan
Porirua City Council:
Staff Housing Loan 1975
Rangiora Borough Council:
Fire Appliance Loan 1975
Rangiora District Sewerage Loan No. 2, 1975
Rotorua City Council:
Streetworks Supplementary Loan 1975
Southland County Council:
Otama Rural Water Supply Extension No. 2
Loan 1975
Taihape Pest Destruction Board:
Staff Housing Loan 1975
Takapuna City Council:
Concrete Footpath Redemption (Takapuna
Ward) Loan 1975
Taranaki County Council:
County Office Extension Loan 1975
Taranaki Harbours Board:
Redemption Loan No. 4, 1975
Tauranga City Council:
Electricity Generation Renewal Loan No. 3,
1975
Te Puke Borough Council:
Water Supply No. 4, Supplementary Loan
1975
Waikato County Council:
Housing for the Elderly Loan 1975
Te Kauwhata Doctor's Residence Loan 1975
Waimakariri-Ashley Water Supply Board:
Afforestation Loan 1975
Waimea County Council:
Water Supply Supplementary Loan 1975
Wallace County Council:
Manapouri Township Amenities Supplemen-
tary Loan 1975
Wellington City Council:
Renewal Loan No. 5, 1975
West Coast Hospital Board:
Hospital Works Loan 1975
Whakatane County Council:
Taneatua Fire Appliance Loan 1975
Woodville Borough Council:
Fire Appliance Loan 1975
Amount
Consented to
$
16,000
33,000
95,000
15,000
33,000
25,000
3,850
73,000
50,000
420,000
2,600
52,500
35,000
10,800
65,000
7,500
269,100
500,000
7,500
32,000
Dated at Wellington this 29th day of September 1975.
S. A. McLEOD, Assistant Secretary to the Treasury.
(T. 40/416/6)
The Standards Act 1965-Specification Declared to be a
Standard Specification
PURSUANT to section 23 of the Standards Act 1965, the
Standards Council, on 19 September 1975, declared the under-
mentioned specification to be a standard specification:
Number, Title, and Price of Specification (Mailed)
93 GOVERNMENT PURCHASING
NZS GP 1:1975 Government purchasing specification for red
lead paint for structural steel. Metric units. $2.30
Copies of the standard specification are available from the
Standards Association of New Zealand, World Trade Center,
15-23 Sturdee Street (or Private Bag), Wellington.
Dated at Wellington this 24th day of September 1975.
G. H. EDWARDS, Director,
Standards Association of New Zealand.
(S.A. 1-114/2/2: 569)
The Standards Act 1965-Amendment of Standard Specification
PURSUANT to section 23 of the Standards Act 1965, the
Standards Council, on 19 September 1975, amended the under-
mentioned standard specification by the incorporation of the
amendment shown hereunder:
Number, Title, and Price of Standard
Specification (Mailed)
NZS 2077:1966 (BS 3536:1962) Asbestos insulating
boards and asbestos wallboards. $3.50
Amendment
No./AMD
1/1637