3286
THE NEW ZEALAND GAZETTE
No. 117

Approved Woolmarking Preparation (Notice No. 2903, Ag. 6/8/2/3/)

PURSUANT to sections 69 and 94 of the Animals Act 1967, and to a delegation from the Director-General of Agriculture and Fisheries Act 1953, under section 10 of the Ministry of said sections 69 and 94, the Director, Animal Health Division, of the Ministry of Agriculture and Fisheries, hereby gives notice that the woolmarking preparations set out in the Schedule hereto (products of Lumina Limited, Waipahi) are approved for sale and general use in marking wool on sheep.

SCHEDULE

EWELINE—Tupping Crayons, yellow and black.

Dated at Wellington this 23rd day of September 1982.

Dr G. H. ADLAM, Director, Animal Health Division.

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 October 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:

10.0 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 borrowings 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 case be the average of the figures for balances and 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 for 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.

Trustee Act 1956—Money Held by the Crown

PURSUANT to section 78 of the Trustee Act 1956, notice is hereby given that at the 31st day of March 1982:

(a) The money specified in the statement in the Schedule hereto was held by the Crown under section 77 of that Act in respect of the matters specified in that statement;

(b) Such money had not been credited to the consolidated account.

SCHEDULE

STATEMENT OF MONEY HELD BY THE CROWN

Deceased Estates

Dated at Wellington this 23rd day of July 1982.

B. H. C. TYLER. Assistant Secretary to the Treasury.

(T. 40/66)

Consent to Raising of Loans by Certain Local Authorities

PURSUANT to the Local Authorities Loans Act 1956, the undersigned Deputy Secretary to the Treasury, acting under powers delegated to the Secretary to the Treasury by the Minister of Finance, hereby consents to the borrowing by the local authorities, mentioned in the Schedule hereto, of the whole or any part of the respective amounts specified in that Schedule.

SCHEDULE