2758
THE NEW ZEALAND GAZETTE
No. 89

Reservation of Land and Declaration that the Reserve be Part of the Catlins Lake Scenic Reserve

PURSUANT to the Land Act 1948, and to a delegation from the Minister of Lands, the Assistant Director-General of Lands hereby sets apart the land, described in the Schedule hereto, as a reserve for scenic purposes, and further, pursuant to the Reserves Act 1977, declares the said reserve to form part of the Catlins Lake Scenic Reserve to be administered as a reserve for scenic purposes by the South East Otago Reserves Board.

SCHEDULE

OTAGO LAND DISTRICT—CLUTHA COUNTY

5.8 hectares, more or less, being Section 32, Block III, Woodland Survey District. S.O. Plan 18038.

Dated at Wellington this 10th day of September 1979.

G. MCMILLAN,
Assistant Director-General of Lands.

(L. and S. H.O. Res. 12/3/4; D.O. 8/82)

Revocation of the Reservation Over a Reserve

PURSUANT to the Reserves Act 1977, and to a delegation from the Minister of Lands, the Assistant Commissioner of Crown Lands hereby revokes the reservation as a reserve for local purpose (public utility) over the land, described in the Schedule hereto.

SCHEDULE

WESTLAND LAND DISTRICT—GREY COUNTY

17.2598 hectares, more or less, being Section 15, Square 122, situated in Blocks XIII and XIV, Mawheraiti Survey District. All Nelson Provincial Gazette 1870, page 35. S.O. Plan 3720.

Dated at Hokitika this 29th day of August 1979.

A. N. MCGOWAN,
Assistant Commissioner of Crown Lands,

(L. and S. H.O. Res. 10/1/2; D.O. 8/170)

Revocation of the Reservation Over a Reserve

PURSUANT to the Reserves Act 1977, and to a delegation from the Minister of Lands, the Assistant Commissioner of Crown Lands hereby revokes the reservation as a reserve for local purpose (cemetery) over the land, described in the Schedule hereto.

SCHEDULE

NELSON LAND DISTRICT—BULLER COUNTY

3035 square metres, more or less, being Section 5R and Sections 96, 97, 98, 99, and 100, Town of Charleston, situated in Block VI, Waitakere Survey District. All New Zealand Gazette 1979, page 1710. S.O. Plan 2011.

Dated at Nelson this 4th day of September 1979.

R. G. C. WRATT,
Assistant Commissioner of Crown Lands,

(L. and S. H.O. Res. 9/10/20; D.O. 8/2/10)

Notice of Approval of Bylaws

PURSUANT to section 165 of the Harbours Act 1950, I, Alexander King Ewing of the Ministry of Transport, in exercise of the powers delegated by the Minister of Transport, hereby approve the Mount Maunganui Borough Council Beaches, Bathing and Control Bylaw Amendment No. 1, passed and adopted at a meeting of the said council on 21st day of August 1979.

Dated at Wellington this 13th day of September 1979.

A. K. EWING, for Secretary for Transport.

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.

Date: 12 September 1979.

Time: 9 a.m.

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

Consent to Raising of Loans by Certain Local Authorities

PURSUANT to the Local Authorities Loans Act 1956, the undersigned Assistant Secretary to the Treasury, acting under powers delegated to the Secretary to the Treasury by the Minister of Finance, hereby consents to the borrowing by the local authorities, mentioned in the Schedule hereto, of the whole or any part of the respective amounts specified in that Schedule.

SCHEDULE