✨ Financial and Commercial Notices
1140
THE NEW ZEALAND GAZETTE
No. 46
Notice by Examiner of Commercial Practices of Consent to a Merger and Takeover Proposal
PURSUANT to section 69 of the Commerce Act 1975, the Examiner of Commercial Practices hereby gives notice of the following merger and takeover proposal to which he has consented.
Person by or on behalf of whom notice was given in terms of section 68 (1) of the Commerce Act 1975
Tui Co-operative Dairy Co. Ltd.
Proposal
The Wairarapa Co-operative Dairy Co. Ltd. may merge with the Tui Co-operative Dairy Co. Ltd.
Date of Consent
7 April 1981
Dated at Wellington this 14th day of April 1981.
A. E. MONAGHAN, Examiner of Commercial Practices.
SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF PRINCIPAL LIABILITIES AND ASSETS IN RESPECT OF NEW ZEALAND BUSINESS AS AT CLOSE OF BUSINESS ON 25 MARCH 1981
In accordance with sub-section (4) of Section 31 of the Reserve Bank of New Zealand Act 1964
(All amounts in New Zealand Currency)
LIABILITIES*
(N.Z.$ thousands)
| Australian and New Zealand Banking Group (N.Z.) Limited | Bank of New South Wales | Bank of New Zealand | The Commercial Bank of Australia Limited | The National Bank of New Zealand Limited | Totals | |
|---|---|---|---|---|---|---|
| 1. Demand deposits in New Zealand | $ 409,861 | $ 268,670 | $ 818,898 | $ 134,528 | $ 298,870 | $ 1,930,827 |
| 2. Time deposits in New Zealand | 726,848 | 514,142 | 1,525,729 | 266,936 | 621,685 | 3,655,340 |
| Compensatory Deposits | 114,025 | 76,671 | 236,145 | 41,569 | 94,104 | 562,514 |
| 3. Liabilities elsewhere than in New Zealand incurred in respect of New Zealand business | 19,517 | 8,584 | 4,003 | 19,960 | 105,109 | 157,173 |
| 4. Bills payable and all other liabilities in New Zealand, including balances due to other banks but excluding shareholders’ funds | 8,733 | 19,838 | 24,887 | 22,029 | 5,514 | 81,001 |
ASSETS**
(N.Z.$ thousands)
| Australian and New Zealand Banking Group (N.Z.) Limited | Bank of New South Wales | Bank of New Zealand | The Commercial Bank of Australia Limited | The National Bank of New Zealand Limited | Totals | |
|---|---|---|---|---|---|---|
| 1. Balances at Reserve Bank of New Zealand— | ||||||
| (a) Demand deposits | $ 2 | $ 1 | $ 2 | $ 4 | $ 4 | $ 13 |
| (b) Time deposits | - | - | - | - | - | - |
| 2. Reserve Bank of New Zealand notes | 7,711 | 6,701 | 36,761 | 4,623 | 12,053 | 67,849 |
| 3. New Zealand Coin | 1,302 | 1,001 | 3,037 | 523 | 1,631 | 7,494 |
| 4. Assets elsewhere than in New Zealand held in respect of New Zealand business | 83,946 | 73,263 | 117,671 | 31,698 | 172,420 | 478,998 |
| 5. Advances in New Zealand and discounts of bills payable in New Zealand (excluding advances and discounts included under item 6)— | ||||||
| (a) Advances | 554,246 | 390,933 | 1,222,951 | 184,182 | 432,576 | 2,784,888 |
| (b) Discounts | 47,539 | 25,177 | 74,740 | 20,408 | 32,924 | 200,788 |
| 6. Term loans in New Zealand | 343,464 | 184,268 | 589,299 | 127,646 | 237,658 | 1,482,335 |
| 7. Investments held in New Zealand— | ||||||
| (a) Government securities | ||||||
| (i) Treasury Bills | 60,575 | 50,313 | 112,883 | 41,170 | 48,237 | 313,178 |
| (ii) Government Stock | 213,359 | 140,268 | 457,382 | 50,984 | 179,017 | 1,041,010 |
| (b) Other Investments | 54,821 | 4,459 | 64,762 | 5,607 | 5,112 | 134,761 |
| 8. Cheques and bills drawn on other banks in New Zealand and balances with and due from other banks in New Zealand (excluding balances with Reserve Bank of New Zealand) | 3,907 | - | 14,448 | 3,614 | -5,855 | 27,824 |
| 9. Book value of land, buildings, furniture, fittings, and equipment in New Zealand | 6,997 | 31,002 | 69,076 | 8,138 | 42,094 | 157,307 |
| 10. All other assets in New Zealand | 2,188 | 349 | - | 8,277 | 74 | 10,888 |
Aggregate of Unexercised Overdraft Authorities and Term Loan Authorities in New Zealand $1,688,789.
*Excluding shareholders’ funds, contingencies, inter-branch accounts within New Zealand, and certain transit items.
**Excluding inter-branch accounts within New Zealand, contingencies, and certain transit items.
Wellington, N.Z., 15th April 1981.
PETER NICHOLL, Deputy Chief Economist, Reserve Bank of New Zealand.
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VUW Te Waharoa —
NZ Gazette 1981, No 46
NZLII —
NZ Gazette 1981, No 46
✨ LLM interpretation of page content
🏭 Notice by Examiner of Commercial Practices of Consent to a Merger and Takeover Proposal
🏭 Trade, Customs & Industry14 April 1981
Commerce, Merger, Takeover, Consent
- Tui Co-operative Dairy Co. (Ltd.), Company involved in merger
- Wairarapa Co-operative Dairy Co. (Ltd.), Company involved in merger
- A. E. Monaghan, Examiner of Commercial Practices
💰 Summary of Trading Banks’ Monthly Returns of Principal Liabilities and Assets
💰 Finance & Revenue15 April 1981
Banking, Liabilities, Assets, Monthly Returns
- Peter Nicholl, Deputy Chief Economist, Reserve Bank of New Zealand