✨ Financial and Regulatory Notices
1506 THE NEW ZEALAND GAZETTE No. 58
SCHEDULE
Local Authority and Name of Loan Amount
Consented to
$
Blenheim Borough Council:
Water Supply Reservoir Renewal Loan 1980 ..... 21,600
Christchurch Drainage Board:
Renewal Loan No. 4, 1980 ..... ..... ..... 75,000
Dannevirke Electric Power Board:
Home Insulation and Solar Water Heating Loan
1980 ..... ..... ..... ..... 27,000
Hamilton City Council:
Housing (Peachgrove Road) Supplementary
Loan 1980 ..... ..... ..... ..... 2,676
Hurunui County Council:
Rural Housing Loan 1980 ..... ..... ..... 125,000
Mosgiel Borough Council:
Elderly Persons Housing Loan 1979 ..... ..... 40,000
Nelson City Council:
Home Insulation and Solar Water Heating Loan
1980 ..... ..... ..... ..... 25,000
Taumarunui Borough Council:
Home Insulation and Solar Water Heating Loan
1980 ..... ..... ..... ..... 9,000
Waikato County Council:
Rural Housing Loan No. 19, 1979 ..... ..... 400,000
Whangarei County Council:
Housing Advances Redemption Loan 1980 ..... 15,400
Dated at Wellington this 16th day of April 1980.
J. R. BATTERSBY, Assistant Secretary to the Treasury.
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 2 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.
Country and Currency Range of Rates
Australia (Dollar) ..... ..... ..... .8432– .8864
Austria (Schilling) ..... ..... ..... 12.0475– 12.6653
Belgium (Franc) ..... ..... ..... 27.0749– 29.3311
Canada (Dollar) ..... ..... ..... 1.1110– 1.1680
China (Renminbi) ..... ..... ..... 1.4117– 1.4841
Denmark (Kroner) ..... ..... ..... 5.3251– 5.5982
Fiji (Dollar) ..... ..... ..... .7851– .8253
France (Franc) ..... ..... ..... 3.9745– 4.1783
Hong Kong (Dollar) ..... ..... ..... 4.6295– 4.8669
India (Rupee) ..... ..... ..... 7.4751– 7.8584
Italy (Lira) ..... ..... ..... 797.9462–838.8657
Japan (Yen) ..... ..... ..... 221.7112–233.0608
Malaysia (Ringgit) ..... ..... ..... 2.0803– 2.1870
Netherlands (Guilder) ..... ..... ..... 1.8696– 1.9655
New Caledonia and Tahiti (Franc) ..... ..... 71.2716– 74.9264
Norway (Kroner) ..... ..... ..... 4.6636– 4.9027
Pakistan (Rupee) ..... ..... ..... 9.3059– 9.7832
Portugal (Escudo) ..... ..... ..... 46.4525– 48.8346
Singapore (Dollar) ..... ..... ..... 2.0477– 2.1527
South Africa (Rand) ..... ..... ..... .7508– .7894
Spain (Peseta) ..... ..... ..... 66.9565– 70.3901
Sri Lanka (Rupee) ..... ..... ..... 14.3161– 15.0502
Sweden (Krona) ..... ..... ..... 3.9902– 4.1948
Switzerland (Franc) ..... ..... ..... 1.5765– 1.6574
United Kingdom (Pound) ..... ..... ..... .4127– .4340
United States of America (Dollar) ..... ..... .9426– .9909
West Germany (Deutschemark) ..... ..... 1.7006– 1.7878
A. TULLOCH,
Assistant Chief Cashier,
Reserve Bank of New Zealand, Wellington.
Date: 13 May 1980.
Time: 9 a.m.
Notice Under the Regulations Act 1936
Pursuant to the Regulations Act 1936, notice is hereby given of the making of regulations as under:
Authority for Enactment Title or Subject-matter Serial Number Date of Cash Single Copy
Enactment Price Posted
Reserve Bank of New Zealand Act Exchange Control Regulations 1978, Amendment 1980/104 19/5/80 20c 45c
1964 No. 1
Reserve Bank of New Zealand Act Finance Companies (Government Stock) Order 1980 1980/105 19/5/80 20c 45c
1964 and Finance Companies (Invest-
ment) Regulations (No. 2) 1969
Reserve Bank of New Zealand Act Trustee Savings Banks Interest Order 1977, Amend- 1980/106 19/5/80 20c 45c
1964 and Trustee Savings Banks Act ment No. 2
1948
Trustee Savings Banks Act 1948 Trustee Savings Banks (Remuneration) Regulations 1980/107 19/5/80 20c 45c
1980
War Pensions Act 1956 War Pensions Regulations 1956, Amendment No. 20 1980/108 19/5/80 25c 50c
Customs Act 1966 Customs Tariff (Textiles) Amendment Order 1980 1980/109 19/5/80 $4.05 $4.35
Postage and Packaging Charge: Mail Orders
If two or more copies ordered, the remittance should cover the cash price and the maximum charge for the total value of purchases as follows:
Total Value of Maximum Total Value of Maximum
Purchases Charge Purchases Charge
$ $ $ $
Up to 1.50 0.25 10.01 to 20.00 1.00
1.51 to 5.00 0.30 20.01 to 50.00 2.00
5.01 to 10.00 0.50 50.01 to 100.00 3.00
Copies can be bought or ordered by mail from Government Bookshops. Please quote title and serial number. Prices for quantities supplied on application.
Government Bookshops are located at Hannaford Burton Building, Rutland Street (Private Bag, C.P.O.), Auckland 1; Northern Automobile Building, Alexandra Street (P.O. Box 857), Hamilton; Head Office, Mulgrave Street (Private Bag), Wellington 1; World Trade Center, Cubacade (Private Bag), Wellington 1; Avon House, 130 Oxford Terrace (Private Bag), Christchurch 1; T. and G. Building, Princes Street (P.O. Box 1104), Dunedin.
P. D. HASSELBERG, Government Printer.
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VUW Te Waharoa —
NZ Gazette 1980, No 58
NZLII —
NZ Gazette 1980, No 58
✨ LLM interpretation of page content
💰
Consent to Raising of Loans by Certain Local Authorities
(continued from previous page)
💰 Finance & Revenue16 April 1980
Local Authorities, Loans, Borrowing
- J. R. Battersby, Assistant Secretary to the Treasury
💰 Exchange Rates for Foreign Currencies
💰 Finance & Revenue13 May 1980
Exchange Rates, Foreign Currency, Telegraphic Transfer
- A. Tulloch, Assistant Chief Cashier, Reserve Bank of New Zealand
🏛️ Notice Under the Regulations Act 1936
🏛️ Governance & Central Administration19 May 1980
Regulations, Exchange Control, Finance Companies, Trustee Savings Banks, War Pensions, Customs Tariff
- P. D. Hasselberg, Government Printer