Banking and Standards Notices




262
THE NEW ZEALAND GAZETTE
No. 13

Reserve Bank of New Zealand, Wellington

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 and including the 1st day of February 1976, 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:

45 per cent 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

18 per cent 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.

28 January 1976.

A. R. LOW, Governor.


The Standards Act 1965—Specifications Declared to be Standard Specifications

PURSUANT to section 23 of the Standards Act 1965, the Standards Council, on 30 January 1976, declared the undermentioned specifications to be standard specifications:

Number, Title, and Price of Specification (Post Free)

NZS 3501:1976 Copper tubes for water, gas, and sanitation. Metric units. (Superseding NZS 1755.) $4.50.

NZS 3502:1976 Copper and copper alloy tubes for general engineering purposes. Metric units. (Superseding NZS 336, NZS 848 Part 1, and NZS 1231.) $5.65.

NZS 6102:1976 Code of practice for the storage, handling, and maintenance of automotive lead-acid starter batteries. Metric units. $4.50.

Copies of the standard specifications may be ordered from the Standards Association of New Zealand, World Trade Center, 15-23 Sturdee Street (or Private Bag), Wellington.

Dated at Wellington this 2nd day of February 1976.

G. H. EDWARDS, Director,
Standards Association of New Zealand.

(S.A. I-114/2/2:576-77; 579)


The Standards Act 1965—Amendment of Standard Specifications

PURSUANT to section 23 of the Standards Act 1965, the Standards Council, on 30 January 1976, amended the undermentioned standard specifications by the incorporation of the amendments shown hereunder.

Number, Title, and Price of Standard Specification (Post free)

NZS 1900:— Model building bylaw—
Chapter 9.3A: 1970 Concrete—general requirements, and materials and workmanship. $2.25 5

NZS 4551:1974 Portable fire extinguishers of the halogenated hydrocarbon type. $3.40

NZS 4781:1973 Code of practice for safety in welding and cutting. $2.50

NZS 5233:1971 Aluminium ladders

Amendment Number
1
1
1

Copies of the standard specifications so amended may be ordered from the Standards Association of New Zealand, World Trade Center, 15-23 Sturdee Street (or Private Bag), Wellington.

Copies of the amendments will be supplied free of charge, upon request.

Dated at Wellington this 2nd day of February 1976.

G. H. EDWARDS, Director,
Standards Association of New Zealand.

(S.A. 2-114/2/3:843-46)


The Standards Act 1965—Standard Specifications Revoked

PURSUANT to section 23 of the Standards Act 1965, the Standards Council, on 30 January 1976, revoked the undermentioned standard specifications:

Number and Title of Specification

NZS 336:1964 (BS 885:1963) Brass tubes for general purposes: 70/30 arsenical brass, aluminium brass. (Superseded by NZS 3502.)

NZS 544:1958 (BS 1322:1956) Aminoplastic moulding materials.

NZS 848:— (BS 61:—) Copper tubes for general purposes—
Part 1: 1950 (BS 61: Part 1: 1947) Copper tubes (heavy gauge). (Superseded by NZS 3502.)

NZS 1231:1964 (BS 2017:1963) Copper tubes for general purposes. (Superseded by NZS 3502.)

NZS 1755:1965 Light gauge copper tubes for water, gas, and sanitation. (Superseded by NZS 3501.)

Dated at Wellington this 2nd day of February 1976.

G. H. EDWARDS, Director,
Standards Association of New Zealand.

(S.A. 3-114/2/7:907-08; 910-12)


The Standards Act 1965—Overseas Specifications Endorsed as Suitable for Use in New Zealand

PURSUANT to section 17 of the Standards Act 1965, the Standards Council, on 30 January 1976, endorsed the undermentioned overseas specifications as suitable for use in New Zealand.

Number and Title of Specification

BS 1322:1975 Aminoplastic moulding materials. Metric units

BS 4480:— Plain bearings; metric series—
Part 1: 1974 Sintered bronze bushes

Part 2: 1974 Solid plastics bushes

BS 4518:1974 Metric dimensions of toroidal sealing rings (‘O’-rings) and their housings. Metric units

BS 4547:1972 Classification of fires

Part 1: 1974 Closed-circuit breathing apparatus. Metric units. Including Amendment No. 1 (AMD 1554, Gratis)

Part 4: 1975 Escape breathing apparatus. Metric units

Price of Copy (Post free) $

5.90

7.60

7.60

9.80

4.90

7.60

5.90

Copies of the specifications may be ordered from the Standards Association of New Zealand, World Trade Center, 15-23 Sturdee Street (or Private Bag), Wellington.

Dated at Wellington this 2nd day of February 1976.

G. H. EDWARDS, Director,
Standards Association of New Zealand.

(S.A. 4-114/2/9:1326-32)


The Standards Act 1965—Endorsement of Amendments to Overseas Specifications

PURSUANT to section 17 of the Standards Act 1965, the Standards Council, on 30 January 1976, endorsed as suitable for use in New Zealand the under-mentioned amendments to the relevant endorsed specifications.

Number, Title, and Price of Specification (Post Free)

BS 4613:— Tyre pressure gauges—
Part 1: 1970 Indicating bar, portable type. Metric and imperial units. $3.70 1/991 (75c)

Part 2: 1970 Dial portable type. Metric and imperial units. $3.70 1/992 (75c)

Amendment No./AMD (Price)

1/991 (75c)

1/992 (75c)



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✨ LLM interpretation of page content

💰 Reserve Bank Notice on Trading Bank Balances

💰 Finance & Revenue
28 January 1976
Reserve Bank, Trading Banks, Balances, Government Securities, Banking Statistics
  • A. R. LOW, Governor

🏭 Standard Specifications Declared

🏭 Trade, Customs & Industry
2 February 1976
Standards Act, Standard Specifications, Copper Tubes, Automotive Batteries
  • G. H. EDWARDS, Director, Standards Association of New Zealand

🏭 Amendment of Standard Specifications

🏭 Trade, Customs & Industry
2 February 1976
Standards Act, Amendment, Building Bylaw, Fire Extinguishers, Welding Safety
  • G. H. EDWARDS, Director, Standards Association of New Zealand

🏭 Standard Specifications Revoked

🏭 Trade, Customs & Industry
2 February 1976
Standards Act, Revocation, Brass Tubes, Copper Tubes, Aminoplastic Moulding
  • G. H. EDWARDS, Director, Standards Association of New Zealand

🏭 Overseas Specifications Endorsed

🏭 Trade, Customs & Industry
2 February 1976
Standards Act, Endorsement, Overseas Specifications, Aminoplastic Moulding, Plain Bearings
  • G. H. EDWARDS, Director, Standards Association of New Zealand

🏭 Endorsement of Amendments to Overseas Specifications

🏭 Trade, Customs & Industry
2 February 1976
Standards Act, Endorsement, Amendments, Tyre Pressure Gauges
  • G. H. EDWARDS, Director, Standards Association of New Zealand