Financial and Standards Notices




2866
THE NEW ZEALAND GAZETTE
No. 101

the local authorities, mentioned in the Schedule hereto, of the whole or any part of the respective amounts specified in that Schedule.

SCHEDULE

Local Authority and Name of Loans

Bay of Plenty Catchment Commission:
Whakatane River Major Scheme Redemption Loan 1982 .... 48,000

Cheviot County Council:
Rural Housing Loan No. 6, 1981 .... 45,000

Invercargill City Council:
Town Hall Renovation Additional Loan 1982 .... 200,000

Lake County Council:
Wanaka Streetworks Development Loan 1982 .... 200,000

Manukau City Council:
Nga Tapawae College Community Facilities Loan 1982 .... 563,000

Mahia Creek Improvements Loan 1982 .... 550,000

New Zealand Fire Service Commission:
Wanganui Fire Station Loan No. 2, 1982 .... 108,000

Otago Harbour Board:
Dredging Plant Loan 1982 .... 3,520,000

Papakura City Council:
Water Supply Renewal Loan 1982 .... 30,000

Rotorua District Council:
Sewerage Redemption Loan No. 3, 1982 .... 104,000

Southland Harbour Board:
Loan No. 34, Additional Loan 1982 .... 350,000

Taranaki Harbour Board:
Redemption Loan No. 5, 1982 .... 60,000

Tararua Electric Power Board:
Redemption Loan 1982 .... 23,500

Tauranga Electric Power Board:
Ruahihi Reinstatement Loan 1982 .... 7,500,000

Dated at Wellington this 27th day of August 1982.
C. H. TERRY, Deputy Secretary to the Treasury.

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 the close of business on 1 September 1982 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:

12.0 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 borrowing from 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 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 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.

D. L. WILKS, Governor.

The Standards Act 1965—Specifications Declared to be Standard Specifications

PURSUANT to section 23 of the Standards Act 1965, the Standards Council, on 23 July 1982, declared the under-mentioned specifications to be standard specifications.

Number and Title of Specification

NZS 3101:— The design of concrete structures—
Part 1:1982 Code of practice for the design of concrete structures.
Part 2:1982 Commentary on the design of concrete structures.

These standards are published in 2 volumes but are not sold separately .... $56.00

Copies of the standard specifications may be ordered from the Standards Association of New Zealand, Wellington Trade Centre, 15-23 Sturdee Street (or Private Bag), Wellington.

Dated at Wellington this 20th day of August 1982.
DENYS R. M. PINFOLD,
Director, Standards Association of New Zealand.
(S.A. 114/2/2: 791-2)

The Standards Act 1965—New Zealand Standard Recommendation Revoked

PURSUANT to the Standards Act 1965, the Standards Council, on 23 July, revoked the under-mentioned standard recommendation.

Number and Title of Standard Recommendation

NZSR 32:1968 Prestressed concrete.
(Superseded by NZS 3101: Parts 1 and 2: 1982).

Dated at Wellington this 20th day of August 1982.
DENYS R. M. PINFOLD,
Director, Standards Association of New Zealand.
(S.A. 114/2/4: 86)

The Standards Act 1965—Provisional Standard Withdrawn

PURSUANT to the provisions of the Standards Act 1965, the Standards Council, on 23 July 1982, withdrew the under-mentioned provisional standard.

Number and Title of Provisional Standard

NZS 3101P:1970 Code of practice for reinforced concrete—design. (Superseded by NZS 3101: Parts 1 and 2: 1982).

Dated at Wellington this 20th day of August 1982.
DENYS R. M. PINFOLD,
Director, Standards Association of New Zealand.
(S.A. 114/2/11: 46)

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

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



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✨ LLM interpretation of page content

💰 Consent to Raising of Loans by Local Authorities (continued from previous page)

💰 Finance & Revenue
27 August 1982
Local Authorities Loans Act 1956, Treasury, Finance, Loans, Local Authorities
  • C. H. TERRY, Deputy Secretary to the Treasury

💰 Trading Bank Reserve Asset Ratio

💰 Finance & Revenue
Reserve Bank of New Zealand Act 1964, Banking, Finance, Reserve Asset Ratio
  • D. L. WILKS, Governor

🏭 Standards Act 1965—Specifications Declared to be Standard Specifications

🏭 Trade, Customs & Industry
20 August 1982
Standards Act 1965, Concrete Structures, Standard Specifications
  • DENYS R. M. PINFOLD, Director, Standards Association of New Zealand

🏭 Standards Act 1965—New Zealand Standard Recommendation Revoked

🏭 Trade, Customs & Industry
20 August 1982
Standards Act 1965, Prestressed Concrete, Standard Recommendation
  • DENYS R. M. PINFOLD, Director, Standards Association of New Zealand

🏭 Standards Act 1965—Provisional Standard Withdrawn

🏭 Trade, Customs & Industry
20 August 1982
Standards Act 1965, Reinforced Concrete, Provisional Standard
  • DENYS R. M. PINFOLD, Director, Standards Association of New Zealand

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

🏭 Trade, Customs & Industry
Standards Act 1965, Draft Standard Specification, Public Comment