✨ Private Bill Notices and Financial Statements
28 OCTOBER THE NEW ZEALAND GAZETTE 3595
Legislation is the only means whereby the above objects
of the said Bill can be effected or effected efficiently and
economically and without interference with the conduct and
continuity of the trustee company, trust and agency business
of The New Zealand Insurance Company Limited and The
South British Guardian Trust Company Limited in the interests
of such companies, the trusts under administration their clients
and others having business with them.
On a day to be appointed by Order in Council all assets
liabilities and the businesses and undertakings of the Trust
Department of The New Zealand Insurance Company Limited
and of The South British Guardian Trust Company Limited
will vest in or become the liability of The New Zealand
Trustee Company Limited and likewise all appointments of
either The New Zealand Insurance Company Limited or The
South British Guardian Trust Company Limited and all
property and assets held by those companies as Trustee or in
a fiduciary capacity shall vest in The New Zealand Trustee
Company Limited.
The New Zealand Trustee Company Limited has a capital
of 5,000,000 shares of $1 each, all of which are held by or for
The New Zealand South British Group Limited and so long
as any estate shall remain in part or in whole unadministered
by that Company it shall not be lawful for The New Zealand
South British Group Limited to dispose of any shares it holds
which are not fully paid up or for The New Zealand Trustee
Company Limited to wind up voluntarily, without the sanction
of the High Court.
The promoter of the Bill is The New Zealand South British
Group Limited.
Communications or notices to the promoter may be sent
to Messrs Buddle, Weir and Co., Solicitors, Auckland Savings
Bank Building, corner Queen and Wellesley Streets, Auck-
land (P.O. Box 6740, Auckland; Telephone 31-555; Telex
NZ21-218).
A copy of the Bill may be inspected at the offices set out
below during normal office hours on any working day—
(a) At the offices of Messrs Buddle, Weir and Co., Auck-
land (at the address above stated).
(b) At the offices of: The General Manager, Trust Depart-
ment, The New Zealand Insurance Company Limited,
105 Queen Street, Auckland. The General Manager, The South British Guardian Trust Company Limited,
3-13 Shortland Street, Auckland.
(c) At the offices of The South British Guardian Trust
Company Limited of the Trust Department of the New
Zealand Insurance Company Limited located in:
Christchurch, Dunedin, Gisborne, Hamilton, Invercargill, Napier, New Plymouth, Palmerston North,
Rotorua, Tauranga, Wellington and Whangarei.
Buddle, Weir and Co., Solicitors, Auckland. Solicitors for
the Promoter.
0140
CORNWALL PARK ENDOWMENT AND RECREATION LAND BILL (PRIVATE)
NOTICE OF INTENTION TO APPLY FOR LEAVE TO INTRODUCE A PRIVATE BILL
Notice is hereby given that the Auckland Regional Authority, a body corporate constituted under the Auckland Regional Authority Act 1963, intends to apply for leave to introduce the above-mentioned Bill during the present session of Parliament. The objects of the Bill are as follows—
(a) The Trusts governing the use and operation of Cornwall Park and the endowments of the said park are to be varied to provide that area A on S.O. Plan 55018 is to cease to be endowment land and to be parkland in perpetuity while areas B and C on S.O. Plan 55019 are to become subject to the endowment provisions of the said trusts provided that in exercising those powers, the Cornwall Park Trust Board is to preserve the present character of areas B and C which are to continue to be used in essentially the same manner and for essentially the same purposes as at 1 January 1980.
(b) The provisions for exemption from rating liability contained in section 2 of the Cornwall Park Trustees Rating Exemption Act 1938 are to apply from 1 April 1982 to area A.
Copies of the Bill may be inspected at, and communications or notices to the promoter may be sent to the office of the
Secretary, Auckland Regional Authority, Third Floor,
Regional House, 121 Hobson Street, Auckland.
Dated this 20th day of October 1982.
J. H. COULAM,
Secretary, Auckland Regional Authority.
0256
NEW ZEALAND WOOL BOARD
PURSUANT to regulation 15 of the Wool Industry Regulations 1978, notice is hereby given that the Adjusted Weighted Average Sale Price for the sale held on 22 October at Invercargill was 255.78 cents per kilogram (greasy basis).
As this price is below the Government’s supplementary minimum wool price of 320 cents per kilogram (greasy basis) the specified percentage for supplementation will be 25.1 percent for all wool sold at auction and nationally for privately sold wool from and including the 22nd day of October 1982 until midnight on the day before the next auction sale to be held.
Dated this 26th day of October 1982.
A. J. N. ARTHUR, Levies Administration Manager.
0464
SOUTHLAND SAVINGS BANK
PROFIT STATEMENT FOR YEAR ENDED 31 MARCH 1982
| 1982 | 1981 | |
|---|---|---|
| Income— | ||
| Interest on investments | 15,429,008 | 10,923,310 |
| Rents, fees, commissions and other income | 496,955 | 362,243 |
| Profit on sale of investments | .. | 18,577 |
| Total Income | 15,925,963 | 11,306,130 |
| Less Expenditure— | ||
| Interest credited and accrued to depositors | 8,989,404 | 6,013,218 |
| Administration expenses | 4,618,203 | 3,473,464 |
| Audit fees | 14,750 | 12,885 |
| Trustees fees | 24,801 | 20,000 |
| Depreciation | 203,725 | 177,225 |
| Total expenses | 13,850,883 | 9,636,792 |
| Profit before abnormal items | 2,075,080 | 1,669,338 |
| Deferred maintenance | .. | 200,000 |
| Loss on sale of investments | 192,194 | .. |
| Profit before Taxation— | 1,882,886 | 1,469,338 |
| Current | 139,372 | 324,891 |
| Deferred | 701,599 | 418,025 |
| 840,971 | 742,916 | |
| Profit after taxation | 1,041,915 | 726,422 |
| Less provision for donations | 100,000 | 95,000 |
| Add capital gains | .. | 1,988 |
| balance 1 April | 6,196,120 | 5,562,710 |
| Reserve fund 31 March 1982 | 7,138,035 | 6,196,120 |
The Notes and Statement of Source and Application of Funds form part of these financial statements.
BALANCE SHEET AS AT 31 MARCH 1982
| Notes | 1982 | 1981 |
|---|---|---|
| Current liabilities | ||
| depositors funds— | ||
| Savings Accounts | 77,072,208 | 70,339,480 |
| Term deposits and housing bonds | 58,143,677 | 41,757,532 |
| National savings accounts | 135,215,885 | 112,097,012 |
| 4,580 | 4,431 | |
| Total depositors Funds— | 135,220,465 | 112,101,443 |
| Interest accrued on depositors funds | 3,005,410 | 1,935,816 |
| Sundry creditors | 705,117 | 230,539 |
| Provision for deferred maintenance | 200,000 | 200,000 |
| Provision for donations | 100,000 | 85,000 |
| Total current liabilities | 4,010,527 | 2,451,355 |
| 139,230,992 | 114,552,798 | |
| Provision for deferred taxation | 1,532,166 | 830,567 |
| Reserve Fund | 7,138,035 | 6,196,120 |
| $147,901,193 | $121,579,485 |
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VUW Te Waharoa —
NZ Gazette 1982, No 124
NZLII —
NZ Gazette 1982, No 124
✨ LLM interpretation of page content
🏛️
Notice of Private Bill: The New Zealand Trustee Company Bill 1982
(continued from previous page)
🏛️ Governance & Central AdministrationPrivate Bill, Parliament, Trustee Companies Act 1967, New Zealand South British Group Limited
- Buddle, Weir and Co., Solicitors, Auckland
🏛️ Notice of Intention to Apply for Leave to Introduce a Private Bill
🏛️ Governance & Central Administration20 October 1982
Cornwall Park, Endowment Land, Auckland Regional Authority
- J. H. Coulam, Secretary, Auckland Regional Authority
🌾 Adjusted Weighted Average Sale Price for Wool
🌾 Primary Industries & Resources26 October 1982
Wool Industry, Sale Price, Supplementation
- A. J. N. Arthur, Levies Administration Manager
💰 Profit Statement and Balance Sheet for Southland Savings Bank
💰 Finance & RevenueFinancial Statements, Profit, Balance Sheet, Southland Savings Bank