19 APRIL

THE NEW ZEALAND GAZETTE

1149

427; thence easterly along a right line to the north-western corner of Lot 15, D.P. 51; to and along the northern boundary of that lot, to and along the northern side of Boundary Road and its production to the middle of that river to a point due west of Trig I (Hummock Peak), Block XV, Mavora Survey District; thence due east to Trig I, aforesaid; thence generally northerly along the summit of the watershed between the Oreti and Von Rivers passing through Mount Lookup to the summit of the Thomson Mountains; thence generally north-easterly along the summit of the Thomson Mountains to the intersection with a right line between Round Peaks and Moffat Peak; thence westerly along that right line to Mt. Eglington; thence generally northerly along the summit of the Earl Mountains to the intersection with the production of a right line through Castle Mountain and Cloudy Pass, Bligh Sound (Grid Reference 573943, NZMS 1 Sheet S.121); thence north-westerly along that right line to the mean high water mark on the eastern shore of Bligh Sound; thence generally south-westerly along the mean high water mark of Bligh Sound, Tasman Sea, and George Sound to the middle of the mouth of Katherine Creek (Grid Reference 495713, NZMS 1 sheet S.130); thence generally southerly by a series of right lines passing consecutively through Barrier Peak (Grid Reference 578603, NZMS 1 sheet S.130), Mount Pisgah, Mount Lyall, Mount Owen, the northernmost peak of Jackson Peaks, Conc Peak, Flat Mountain, Crescent Mountain, Mount Burns, Mount Cuthbert, Glenghearn Peak, Oblong Hill, and The Hump; thence generally southerly along the watershed to the mean high water mark at Sand Hill Point; thence generally south-easterly along the mean high water mark crossing the mouths of all inlets and rivers to the point of commencement; excluding therefrom the Borough of Riverton as described in Gazette, 1959, p. 463.

BOUNDARIES OF APARIMA RIDING

All that area in the Southland Land District, County of Wallace, containing an area of 223 square kilometres, bounded by a line commencing at the south-western corner of part Section 173, Block IX, Waiau Survey District; thence generally south-easterly by right lines passing through Woodlaw, Trig V, to the westernmost corner of part Lot 7B, L.T. 275; thence south-easterly along the south-western boundary of part Lot 7B, L.T. 275, and Lot 1, D.P. 8610 to the north-western side of Waikouro-Wairio Road; thence south-westerly along the north-western side of the Waikouro-Wairio Road to and along the south-western side of Woodlaw Road to the north-western side of Otatau Nightcaps Road; thence south-westerly along the north-western side of the Otatau-Nightcaps Road to its intersection with the southern side of Hundred Line Road and the northern boundary of Section 4, Block X, Aparima Hundred, to the right bank of the Aparima River; thence generally southerly along the right bank of the Aparima River to the northern side of the Fairfax-Otatau Bank Road, situated in Block VIII, Jacobs River Hundred; thence generally westerly along the northern side of the Fairfax-Otatau Bank Road to the eastern side of the Riverton-Otatau Road; thence northerly along the eastern side of the Riverton-Otatau Road to the southern boundary of Aparima Hundred; thence generally westerly along the southern boundary of Aparima Hundred to the point of commencement.

Signed at Wellington this 10th day of April 1979.

J. N. SEARLE, Secretary for Local Government.

(I.A. 103/5/324)

Indecent Publications Tribunal

I, Jack Alexander McLeod Kean, Comptroller of Customs, give notice that I have applied to the Indecent Publications Tribunal for decisions as to whether the books described below are indecent or not, or for decisions as to their classifications.

1. Title: Sex in Marriage No. 10.
   Author: Michael Crisler.
   Publisher: Tom Books.

2. Title: Oral Love.
   Author: ——
   Publisher: Ben’s Books Ltd.

3. Title: Sex Encyclopedia.
   Author: Gunther H Arnold.
   Publisher: H. H. Publications Ltd.

4. Title: Exotic Love Games.
   Author: Bruce Gilmour.
   Publisher: Valentine Products Incorporated.

5. Title: The Secret Joys of Sexual Fulfilment.
   Author: Marvin Farrcl.
   Publisher: G. W. Press.

Local Authorities Loans Act 1956: Rates of Interest

PURSUANT to section 9 (4A) of the Local Authorities Loans Act 1956, (as inserted by section 4 (3) of the Local Authorities Loans Amendment Act 1967), notice is hereby given that the Local Authorities Loans Board, acting with the approval of the Minister of Finance, has determined as follows:

1. This general determination shall apply to all money, for which any local authority has received the sanction of the Board, given before the date of this notice, to borrow by way of special loan, other than money borrowed before the 20th day of April 1979.

2. The rate or rates of interest, that may be paid by any local authority in respect of any such money borrowed by it, shall be such as shall not produce to the lender or lenders a rate or rates of interest exceeding the following rates:

(a) For money borrowed for any period of 1 or 2 years, 11.5 percent per annum;

(b) For money borrowed for any period of 3, 4, or 5 years, 12.0 percent per annum;

(c) For money borrowed for a period of 6 years, 13.5 percent per annum;

(d) For money borrowed for any period of 7, 8, or 9 years, 12.0 percent per annum; and

(e) For money borrowed for any period of 10 years or more, 11.25 percent per annum.

3. No money to be repaid by equal aggregate yearly or half-yearly instalments of principal and interest shall be borrowed for a term of less than 6 years.

4. The general determination made by the Board and published in the Gazette, on the 27th day of July 1977, at page 2094, is hereby consequently cancelled.

5. All sanctions to which this general determination applies shall be varied accordingly.

Dated at Wellington this 17th day of April 1979.

S. A. McLEOD,
Chairman, Local Authorities Loans Board.

Exchange Rates

IN terms of section 25 (2) of the Reserve Bank of New Zealand Act 1964, the Reserve Bank today released outer limits for rates of exchange to be used in transactions involving the conversion of New Zealand currency into foreign currencies and foreign currencies into New Zealand currency when delivery of the foreign currency dealt in will be effected by telegraphic transfer. The following range of rates, for the main currencies used by New Zealand traders in settling foreign exchange transactions, will remain in force until replaced by a new schedule issued by the Reserve Bank. These rates do not apply to transactions for settlement after the expiration of two business days (forward transactions) or to transactions in which instruments are purchased which do not entitle the buyer to foreign currency balances in the foreign centre until the instruments have been delivered at the foreign centre. In the latter case interest at foreign centre rates may be deducted from the telegraphic transfer rate to compensate the purchaser for his loss during the transit period.