29 NOVEMBER THE NEW ZEALAND GAZETTE 3731

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, 26 SEPTEMBER 1979

Liabilities $000 Assets $000
Notes in circulation 486,603 Gold 699
Demand deposits—
(a) State 176,382 Overseas assets—
(b) Banks 11 (a) Current accounts and short-term bills 142,103
(c) Marketing accounts 68,382 (b) Investments 9,369
(d) Other 356,148 (c) Holdings of special drawing rights 19,019
600,923 170,491
Time deposits .. New Zealand coin.. 13,013
Liabilities in currencies other than New Zealand currency—
(a) Demand 1,023 Discounts 7,121
(b) Time 364,290 177,729
365,313 Advances—
Allocation of special drawing rights by I.M.F. 119,970 (a) To the State.. 467,282
Other liabilities (including accumulated profits) 38,006 (b) To marketing accounts 38,516
Capital accounts—
(a) General reserve 10,000 (c) Export credits 147,756
(b) Other reserves 43,879 (d) Other advances ..
53,879 831,283
$1,664,694 Investments in New Zealand—
(a) New Zealand Government securities.. 605,967
(b) Other 675
.. 606,642
Other assets 35,445
.. $1,664,694

E. D. VALLANCE, Chief Accountant.

Notice by Examiner of Commercial Practices of Consent to a Merger and Takeover Proposal

PURSUANT to section 69 of the Commerce Act 1975, the Examiner of Commercial Practices hereby gives notice of the following merger and takeover proposal to which he has consented.

Person by or on behalf of whom notice was given in terms of section 68 (1) of the Commerce Act 1975 Proposal Date of Consent
R. and W. Hellaby Ltd. To acquire 57,000 ordinary shares in Waikato By-Products Ltd. 9 November 1979

Dated at Wellington this 20th day of November 1979.

A. E. MONAGHAN, Examiner of Commercial Practices.

Notice by Examiner of Commercial Practices of Consent to a Merger and Takeover Proposal

PURSUANT to section 70 of the Commerce Act 1975, the Examiner of Commercial Practices hereby gives notice that he has, subject to subsection (9) of that section, consented to the following merger and takeover proposal, being a merger and takeover proposal which also requires consent under the Overseas Investment Act 1973 and the Overseas Investment Regulations 1974*.

Person by or on behalf of whom notice was given in terms of section 68 (1) of the Commerce Act 1975 Proposal Date of Consent
Philips Electrical Industries of New Zealand Ltd. To acquire all the share capital of Pye Electronics Ltd. 26 November 1979

Dated at Wellington this 26th day of November 1979.

A. E. MONAGHAN, Examiner of Commercial Practices.

*S.R. 1974/117

Notice by Examiner of Commercial Practices of Consent to a Merger and Takeover Proposal

PURSUANT to section 69 of the Commerce Act 1975, the Examiner of Commercial Practices hereby gives notice of the following merger and takeover proposal to which he has consented.

Person by or on behalf of whom notice was given in terms of section 68 (1) of the Commerce Act 1975 Proposal Date of Consent
Challenge Corporation Limited To acquire the total preference and ordinary shareholding in Broadlands Dominion Group Limited, subject to the disposal as soon as practicable of either Diners Club or American Express franchise to a third party not associated directly or indirectly with any trading bank. 23 November 1979

Dated at Wellington this 26th day of November 1979.

A. E. MONAGHAN, Examiner of Commercial Practices.

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