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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✨ LLM interpretation of page content

🏭 Notice by Examiner of Commercial Practices of Consent to a Merger and Takeover Proposal

🏭 Trade, Customs & Industry
14 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 & Revenue
15 April 1981
Banking, Liabilities, Assets, Monthly Returns
  • Peter Nicholl, Deputy Chief Economist, Reserve Bank of New Zealand