Regulatory and Financial Notices




7 MAY
THE NEW ZEALAND GAZETTE
1271

Porirua, and there available for public inspection, it is notified that the National Roads Board by resolution dated 15 April 1981 and pursuant to subsection 5 of section 4 of the Public Works Amendment Act 1963, hereby revokes its resolution dated 30 May 1974* made pursuant to the said section 4 in so far as it affects that part of the limited access road declaration for half its width on the western side across the frontage of Lot 4c, D.P. 568 (certificate of title 148/188).

Dated at Wellington this 28th day of April 1981.

F. J. TOURELL, Secretary.

*New Zealand Gazette, 30 May 1974, No. 53, p. 1087
(72/57/9B/5)


Indecent Publications Tribunal

I, Jack Alexander McLeod Kean, Comptroller of Customs, give notice that I have applied to the Indecent Publications Tribunal for decisions as to whether the books described below are indecent or not, or for decisions as to their classifications:

  1. Title: Gone from the Valley.
    Author: John Vergara.
    Publisher: Manor Books Ltd.

  2. Title: Ship’s Surgeon.
    Author: Richard Pierce.
    Publisher: Manor Books Inc.

  3. Title: Penthouse, Vol. II, Nos. 9 and 10.
    Author: —
    Publisher: Penthouse International Ltd.


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 1st May 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:

19.5 percent 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 to the amount hereinbefore required for that calendar month by way of borrowings from the Reserve Bank made during the next following calendar month and on terms and conditions to be determined by the Reserve Bank; and the proceeds of all such borrowings shall 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 to 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.

R. W. R. WHITE, Governor.


The Standards Act 1965—Standard Specification Proposed for Revocation

NOTICE is hereby given that the under-mentioned New Zealand standard specification has been recommended for revocation pursuant to the provisions of the Standards Act 1965.

Any person who may be affected by the proposal to revoke this standard specification, and who wishes to object to its revocation, is invited to submit comments to the Standards Association of New Zealand, Private Bag, Wellington, not later than 28 May 1981.

Number and Title of Specification

NZS 1021:1965 (BS 1610:1964) Methods for the load verification of testing machines.

The identical British standard has been recommended for endorsement as suitable for use in New Zealand.

Dated at Wellington this 29th day of April 1981.

DENYS R. M. PINFOLD,
Director, Standards Association of New Zealand.

(S.A. 114/2/6)


The Standards Act 1965—Draft New Zealand Standard Specification Available for Comment

PURSUANT to subsection (3) of section 23 of the Standards Act 1965, notice is hereby given that the following draft New Zealand standard specification is being circulated.

Number and Title of Specification

DZ 5819 Code of practice for the safe use of petrol and electric chain saws. $6.

This code describes safety requirements for the design of chain saws, and includes recommendations pertaining to their safe and easy operation.

The code is based on the International Labour Organisation 1978 document “Safe design and use of chain saws” and is intended for manufacturers, owners, employers and operators.

All persons who may be affected by this publication and who desire to comment thereon, may obtain copies at the price shown, from the Standards Association of New Zealand, World Trade Center, 15–23 Sturdee Street (or Private Bag), Wellington.

Note—Payment must accompany all requests for drafts.

The closing date for the receipt of comment is 24 July 1981.

Dated at Wellington this 30th day of April 1981.

DENYS R. M. PINFOLD,
Director, Standards Association of New Zealand.

(S.A. 114/2/8)



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✨ LLM interpretation of page content

🏗️ Notice Partially Revoking Declaration of State Highway to be a Limited Access Road (continued from previous page)

🏗️ Infrastructure & Public Works
28 April 1981
National Roads Board, State Highway 57, Limited Access Road, Levin, Potts Road
  • F. J. Tourell, Secretary

⚖️ Indecent Publications Tribunal Notice

⚖️ Justice & Law Enforcement
Indecent Publications Tribunal, Customs, Book Classification
  • Jack Alexander McLeod Kean, Comptroller of Customs

💰 Trading Bank Reserve Asset Ratio Notice

💰 Finance & Revenue
Reserve Bank, Trading Banks, Reserve Asset Ratio, Financial Regulations
  • R. W. R. White, Governor

🏭 Standard Specification Proposed for Revocation

🏭 Trade, Customs & Industry
29 April 1981
Standards Act 1965, Revocation, Testing Machines, Standards Association of New Zealand
  • Denys R. M. Pinfold, Director, Standards Association of New Zealand

🏭 Draft New Zealand Standard Specification Available for Comment

🏭 Trade, Customs & Industry
30 April 1981
Standards Act 1965, Chain Saws, Safety Standards, Standards Association of New Zealand
  • Denys R. M. Pinfold, Director, Standards Association of New Zealand