3068
THE NEW ZEALAND GAZETTE
No. 131

Trading Bank Reserve Asset Ratio

PURSUANT to section 33 of the Reserve Bank of New Zealand Act 1964, the Reserve Bank, acting with the approval of the Minister of Finance, hereby gives notice that as from and including 1 November 1981, and until further notice each trading bank shall maintain during each calendar month balances at the Reserve Bank plus holdings of Reserve Bank notes and of New Zealand Government securities, such that the aggregate of the averages of those balances and holdings during that calendar month (determined in accordance with clauses 1, 2, 3 and 4 of this notice) equals or exceeds the aggregate of:

15.5 per cent of that trading bank’s average demand and time deposit liabilities in New Zealand in the immediately preceding calendar month (determined in accordance with the provisions of clause 5 of this notice);

Provided that a trading bank may make up its balances and holdings as aforesaid for a calendar month by the amount hereinbefore required for that calendar month by way of borrowings from the Reserve Bank and on terms and conditions to be determined by the Reserve Bank and the proceeds of all such borrowings be credited to the account of that trading bank with the Reserve Bank termed “Contra Deposit Account” and on terms and conditions to be determined by the Reserve Bank.

For the purposes of this notice:

(1) Balances held by a trading bank at the Reserve Bank shall (subject to clause 6 of this notice) include both demand deposit balances and time deposit balances of that trading bank.

(2) The average of a trading bank’s holdings of Reserve Bank notes for a calendar month shall be the average of the figures shown in all weekly returns of Banking Statistics by that trading bank under the Statistics Act 1975 received during that calendar month.

(3) The average of a trading bank’s balances at the Reserve Bank and holdings of New Zealand Government securities for a calendar month shall, in each case be the average of the figures for balances and such securities held by that trading bank on each day during that calendar month.

(4) Government securities held by a trading bank shall consist of Government stock and Treasury bills (all at nominal value) held by that trading bank.

(5) The average demand and time deposit liabilities of a trading bank in a calendar month shall be the average of the figures for days within that calendar month, as shown in that trading bank’s weekly returns of Banking Statistics under the Statistics Act 1975.

(6) The proceeds of any borrowings made by a trading bank pursuant to the proviso of this notice shall be deemed to be a part of and be included in the balances held by that trading bank at the Reserve Bank on the last day of the preceding calendar month;

and the proceeds of any such borrowing shall not be included in the balances held by that trading bank at the Reserve Bank during any other calendar month.

D. L. WILKS, Deputy Governor.

Kinleith-Kawerau Natural Gas Pipeline—Notice of Application

NOTICE is hereby given that, pursuant to the provisions of the Petroleum Act 1937, the Natural Gas Corporation of New Zealand Limited has applied to the Minister of Energy for a pipeline authorisation to construct the above pipeline for the conveyance of natural gas. The pipeline will pass through various properties along the route which has been flagged and is already known to the property owners concerned. The route is also shown on plans accompanying the application, copies of which are available from the Pipeline Project Office, Ministry of Works and Development, P.O. Box 12-184, Wellington North.

Dated at Wellington this 20th day of October 1981.

C. E. BARTHOLOMEUSZ, Project Manager.

Pipeline Project.

(P.W. 28/13)

Notice Declaring Wild Oat (Avena fatua and Avena persica) a Class B Noxious Plant (No. 2705; Ag. 12/10/10/1)

1. Pursuant to section 19 of the Noxious Plants Act 1978, the Noxious Plants Council hereby declares wild oat (Avena fatua and Avena persica) to be a Class B noxious plant in that part of New Zealand lying within the boundaries of Palmerston North Noxious Plants Regional Co-ordinating Committee.

2. This notice shall come into effect on the day after the date of notification in the Gazette.

Dated at Wellington this 16th day of October 1980.

J. A. CHALLIS, Secretary.

Noxious Plants Council.

Commerce Act 1975

NOTICE is hereby given that by decision No. 56, dated 27 October 1981, the Commerce Commission resolved in terms of section 29 (5) to approve those collective pricing agreements, operated by the Commission, as applications numbered 47 and 48 (Agricultural Contractors Section only), subject to the condition that future publication of the Blue Book shall be in the form of the edition issued August 1980, but with the wording on the front cover page amended to read as shown on the appendix to the decision.

The full text of the decision is available for inspection at the Commission’s office, Sixth Floor, Chase-NBA House, 163 The Terrace, Wellington (P.O. Box 10-273). Copies may be purchased.

D. J. KERR, Executive Officer.

Notice of Intention to Vary Hours of Sale of Liquor at Licensed Premises—Taranaki Licensing Committee

PURSUANT to section 221A of the Sale of Liquor Act 1962, as amended by section 22 (14) of the Sale of Liquor Amendment Act 1976, I, John Fraser Robertson, Secretary for Justice, hereby give notice that the Taranaki Licensing Committee on 25 September 1981, made an order authorising variations of the usual hours of trading for the licensed premises known as the New Central Hotel, Hawera.

To the intent that on days other than those on which licensed premises are required to be closed for the sale of liquor to the general public the hours for the opening and closing of the said premises shall be as follows:

(a) On any Monday, Tuesday, Wednesday and Thursday (not being Christmas Eve or New Year’s Eve)—Opening at 11 o’clock in the morning and closing at 10 o’clock in the evening.

(b) On any Friday, Saturday and Christmas Eve (not being New Year’s Eve). Opening at 11 o’clock in the morning and closing at 11 o’clock in the evening.

(c) On any New Year’s Eve—Opening at 11 o’clock in the morning and closing at 00.30 o’clock on the morning of New Year’s Day.

Dated at Wellington this 30th day of October 1981.

J. F. ROBERTSON, Secretary for Justice.

(Adm. 2/72/5)

Division of Kaikoura Pest Destruction District into Wards (Notice No. 2704, Ag. 6/13/2/6A)

PURSUANT to section 21 of the Agricultural Pests Destruction Act 1967, the Kaikoura Pest Destruction Board hereby gives notice that the Kaikoura Pest Destruction District which was constituted by Order in Council on the 7th day of April 1971 is hereby divided into wards, the names and boundaries of which are specified in the Schedule hereto.

SCHEDULE

HUNDALEE WARD

ALL that area in the Marlborough Land District, County of Kaikoura, bounded by a line commencing at the intersection of the sea coast and the middle of the Conway River, at the south-eastern corner of Block XXI, Hundalee Survey District, and proceeding generally westerly and northerly along the middle of the Conway River to its source in Block XVI, Acheron Survey District; thence northerly along a right line to Palmer Saddle in Block XI, Acheron Survey District; thence generally north-easterly along the summit of the Seaward Kaikoura Range to Trig Station Snowflake in Block IX, Greenburn Survey District; thence