and at the district offices of the Department of Maori Affairs
at
Auckland,
Wiri, and
Wellington,
and at all the sub-offices of the Department of Maori Affairs
where the same may be inspected during office hours without
payment of a fee.

Dated at Wellington this 3rd day of April 1978.
E. W. WILLIAMS, Deputy Maori Trustee.
(M.A. 39/1/4, National List No. 9)

Dangerous Goods Act 1974: Approval of Pump for Reselling
Dangerous Goods of Class 3 (A)

PURSUANT to section 30 of the Dangerous Goods Act 1974,
the Chief Inspector of Dangerous Goods hereby approves
the following type of pump for delivery of motor spirits for
retail sale from underground tanks.

Beckmeter Model M. 80

Dated at Wellington this 14th day of March 1978.

H. RICHARDS,
Acting Chief Inspector of Dangerous Goods.

Commerce Act 1975

Notice of Intention of Examiner of Commercial Practices
to Report to the Commerce Commission on merger or take-
over proposal.

WHEREAS, pursuant to section 68 of the Commerce Act 1975,
written notice of the merger or takeover proposal described
in the Schedule hereto was given to me and duly registered
by me on the 18th day of January 1978.

And whereas I formed the provisional view that the pro-
posal is likely to be contrary to the public interest:

And whereas in accordance with section 69 (5) of the
Commerce Act 1975, I then invited the person on whose
behalf the notice was given, and the other persons who in my
opinion, are the participants in the proposal to make written
representations to me:

And whereas, for the purpose of giving all those persons
an adequate opportunity to make representations to me, and
of enabling me to give consideration to any written representa-
tions made, I duly extended until the 14th day of April 1978
in accordance with section 69 (6) of the Commerce Act 1975,
the period prescribed in section 69 (1) of that Act, being the
period within which I am empowered to consent to the pro-
posal or to notify my intention to report to the Commerce
Commission in the matter of the proposal after full investiga-
tion in terms of section 74 of that Act:

Now, therefore, pursuant to section 69 (2) of the Commerce
Act 1975, I, Allan Edward Monaghan, Examiner of Com-
mercial Practices, remaining of the provisional view that the
proposal described in the Schedule hereto is likely to be
contrary to the public interest, hereby give notice of my inten-
tion to report to the Commerce Commission in the matter of
that proposal after full investigation in terms of section 74
of the Commerce Act 1975.

SCHEDULE

A proposal by Fletcher Holdings Ltd., whereby, additional
to the already held 14, 164, 444, ordinary shares in Tasman
Pulp and Paper Co. Ltd., being 36.50 percent of the ordinary
capital, and 33.08 percent of the total capital (comprising
7,377,260 ordinary shares, being 19.1 percent of the ordinary
capital and 17.22 percent of the total capital acquired from
Reed International Ltd., and Bishopsgate Nominees Ltd., pur-
suant to a consent granted on 22 November 1977, and 6,787,184
ordinary shares, being 17.4 percent of the ordinary capital,
and 15.86 percent of the total capital held prior to that date),
it is intended to increase the share holding as follows:

(1) By the subscription for shares arising from proposed
rights issues to ordinary shareholders totalling some $20
million, which will leave unchanged at 36.50 percent, the
percentage holding of ordinary capital, but may increase that
of the total capital according to the terms of the issues to
34.71 percent.

(2) By the subscription for 50 percent of any shortfall in
subscription by ordinary shareholders to these issues, and by
the purchase of up to 50 percent of any sale by Australian
Newsprint Mills Holdings Ltd., of any rights in accordance
with the pre-emptive rights of Tasman and/or conditions of
the issues. The maximum increase which could occur, would
raise the percentage holdings to 43.87 percent and 41.72
percent respectively; and

(3) By the operation of a price stabilisation pool that shall
not at any time exceed the sum of 1 per centum of the
ordinary issued capital of Tasman. Such shares shall only be
acquired if the market price falls below 94 cents plus the
increment in net tangible asset backing per share from 1
April 1977, and shall be placed on the market whenever the
market price exceeds twice this level or such lower price as
Fletcher Holdings Ltd. determines.

Dated at Wellington this 4th day of April 1978.

ALLAN EDWARD MONAGHAN,
Examiner of Commercial Practices.

Notice of Trading Bank Reserve Asset Requirements

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 1 April 1978, and until further notice each trading
bank shall maintain, during each calendar month, balances at
the Reserve Bank plus holdings of Reserve Bank notes, and
of New Zealand Government securities, such that the aggregate
of the averages of those balances and holdings during that
calendar month (determined in accordance with clauses 1,
2, 3, and 4 of this notice) equals or exceeds the aggregate of:

40 percent of that trading bank's average demand deposit
liabilities in New Zealand in the immediately pre-
ceding calendar month (determined in accordance
with the provisions of clause 5 of this notice); plus

12.5 percent of that trading bank's average time deposit
liabilities in New Zealand in the immediately pre-
ceding calendar month (determined in accordance
with the provisions of clause 5 of this notice);

Provided that a trading bank may make up its balances
and holdings as aforesaid for a calendar month to the amount
hereinbefore required for that calendar month by way of
borrowings from the Reserve Bank made during that calendar
month or during the first ten business days of the next
following calendar month, and on terms and conditions to be
determined by the Reserve Bank, and the proceeds of all such
borrowings shall be credited to the account of that trading
bank with the Reserve Bank.

For the purposes of this notice:

(1) Balances held by a trading bank at the Reserve Bank
shall (subject to clause 6 of this notice) include
both demand deposit balances and time deposit
balances of that trading bank.

(2) The average of a trading bank's holdings of Reserve
Bank notes for a calendar month shall be the
average of the figures shown in all weekly returns
of Banking Statistics by that trading bank under the
Statistics Act 1975 received during that calendar
month.

(3) The average of a trading bank's balances at the Reserve
Bank and holdings of New Zealand Government
securities for a calendar month shall in each case
be the average of the figures for balances and
such securities held by that trading bank on each
day during that calendar month.

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

(5) The average demand deposit liabilities and the average
time deposit liabilities of a trading bank in a calendar
month shall, in each case, be the average of the
figures for days within that calendar month, as
shown in that trading bank's weekly returns of
Banking Statistics under the Statistics Act 1975.

(6) The proceeds of any borrowings made by a trading
bank pursuant to the proviso to this notice shall:
(a) in the case of a borrowing made during a
calendar month to make up balances and holdings
for that calendar month, be included in the balances
held by that trading bank at the Reserve Bank
during the calendar month for which that borrowing
is made; and
(b) that in the case of a borrowing made during
the first 10 business days of a calendar month to
make up balances and holdings for the preceding
calendar month, be deemed to be a part of, and be
included in the balance held by that trading bank
at the Reserve Bank on the last day of the preceding
calendar month;