24 MAY
THE NEW ZEALAND GAZETTE
1615

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 shall 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 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.

Date: 21 May 1979.
Time: 9 a.m.

A. TULLOCH,
Assistant Chief Cashier,
Reserve Bank of New Zealand, Wellington.

The Standards Act 1965—Overseas Specification Available for Comment

PURSUANT to subsection (3) of section 23 of the Standards Act 1965, notice is hereby given that the under-mentioned overseas specification is being considered for declaration as a New Zealand standard specification or for endorsement as suitable for use in New Zealand.

Number and Title of Specification
BS 349:1973 Identification of the contents of industrial gas containers. $9.

All persons who may be affected by this specification and who desire to comment thereon, may obtain copies from the Standards Association of New Zealand, World Trade Center, 15-23 Sturdee Street (or Private Bag), Wellington, at the prices shown.

The closing date for the receipt of comment is 15 June 1979.

Dated at Wellington this 21st day of May 1979.

DENYS R. M. PINFOLD,
Director, Standards Association of New Zealand.

(S.A. 114/2/1)

The Standards Act 1965—Amendment of Standard Specifications

PURSUANT to section 23 of the Standards Act 1965, the Standards Council, on 16 May 1979, amended the under-mentioned standard specifications by the incorporation of the amendments shown hereunder.

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.

Dated at Wellington this 17th day of May 1979.

DENYS R. M. PINFOLD,
Director, Standards Association of New Zealand.

(S.A. 114/2/3:983)

Customs Act—Dumping Duty (Amendment)

PURSUANT to the provisions of section 129 (1) of the Customs Act 1966, as amended by section 6 of the Customs Amendment Act 1971, notice is hereby given that dumping duty, equivalent to 100 percent of the amount by which the f.o.b. export selling price is less than the current domestic value, determined in accordance with the provisions of this Act, shall be payable in respect of the following goods:

This notice amends the dumping duty notice gazetted in the New Zealand Gazette dated 24 October 1978.

Dated at Wellington this 14th day of May 1979.

J. A. KEAN, Comptroller of Customs.