3634
THE NEW ZEALAND GAZETTE
No. 128

(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.

D. L. WILKS, Governor.

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

Local Authority and Name of Loan
Amount Consented to $

Ashburton Electric Power Board:
Montalto Hydro Electric Redemption Loan 1982 4,099,500

Otago Central Electric Power Board:
Teviot River Development Redemption Loan 1982 5,407,324

West Coast Electric Power Board:
Redemption Loan 1982 1,238,737

Dated at Wellington this 10th day of September 1982.

C. H. TERRY, Deputy Secretary to the Treasury.

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

Local Authority and Name of Loan
Amount Consented to $

Auckland Regional Authority:
Drainage Redemption Loan No. 114, 1982 1,961,610

Christchurch City Council:
Renewal Loan No. 9, 1982 226,550
Renewal Loan No. 10, 1982 180,500

Dunedin City Council:
Water Renewal Loan No. 5, 1982 32,000

Hutt County Council:
Whitby-Horokiri Sewage Disposal Redemption Loan No. 3, 1982 94,500

Kawerau Borough Council:
Pensioner Housing Loan 1982 48,000

Lower Hutt City Council:
Belmont Sewage Reticulation Loan No. 4, 1982 163,000

Malvern County Council:
Rural Housing Loan 1982 100,000

Manukau City Council:
Maraetai Wharf Reconstruction Loan 1982 102,500
Staff Housing Loan 1982 200,000
Renewal Loan No. 4, 1982 1,804,370
Renewal Loan No. 7, 1982 124,030

Rodney County Council:
Wellford Sewerage Supplementary Redemption Loan 1982 16,700
Bridges Redemption Loan No. 2, 1982 12,800
Water Supply Development Redemption Loan 1982 12,600
Kaukapakapa Riding Redemption Loan 1982 29,250
Orewa County Office Redemption Loan No. 3, 1982 100,700

Rangiora Borough Council:
Redemption Loan No. 2, 1982 8,500

Takapuna City Council:
Depot Loan 1982 475,000
Takapuna Ward Works Loan 1982 798,000
Main City Works Loan 1982 618,000

Waipa County Council:
Roading Loan 1982 1,000,000

Wellington City Council:
Renewal Loan (Drainage) No. 12, 1982 252,900
Renewal Loan (Streetworks) No. 11, 1982 62,300

Dated at Wellington this 27th day of October 1982.

C. H. TERRY, Deputy Secretary to the Treasury.

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

Local Authority and Name of Loan
Amount Consented to $

Auckland City Council:
Redemption Loan No. 220, 1982 357,500
Redemption Loan No. 221, 1982 171,000
Redemption Loan No. 222, 1982 214,400
Redemption Loan No. 223, 1982 117,200

Auckland Regional Authority:
Bulk Water Supply Redemption Loan No. 83, 1982 275,520

Buller County Council:
Rural Housing Loan No. 1, 1982 50,000

Christchurch City Council:
Renewal Loan No. 11, 1982 64,400
Renewal Loan No. 12, 1982 117,000
Renewal Loan No. 14, 1982 130,000
Renewal Loan No. 15, 1982 180,000

Dunedin City Council:
Electricity Renewal Loan 1982 196,000
General Renewal Loan No. 4, 1982 60,000

Dunedin Drainage and Sewerage Board:
Drainage Renewal Loan No. 4, 1982 137,000

Ekatahuna County Council:
Rural Housing Loan 1982 50,000

Hamilton City Council:
Renewal Loan No. 8, 1982 200,000

Hauraki Plains County Council:
Turua Sewerage Loan 1982 300,000

Hawke's Bay Harbour Board:
Extension of Fertiliser Shed and Handling Facilities Addition Loan 1982 155,000

Invercargill City Council:
Renewal Loan No. 43, 1982 100,000

Palmerston North City Council:
Central Store Depot Redemption Loan 1982 90,000
Civic Complex Redemption Loan 1982 180,000

Piako County Council:
Te Aroha Abattoir Redemption Loan 1982 55,000

Rangiora District Council:
Woodend Community Centre Loan 1982 80,000

Rodney County Council:
Warkworth Sewage Treatment Loan 1982 142,500

Southland County Council:
Rural Housing Loan No. 18, 1982 200,000

Southland Harbour Board:
Loan No. 33, Additional Loan 1982 500,000

Waitara Borough Council:
Sewerage Redemption Loan No. 2, 1982 132,000

Waitemata City Council:
Roading Loan 1982 4,000,000

Wellington City Council:
Renewal Loan (Traffic) No. 9, 1982 36,500
Renewal Loan (Landfill) No. 10, 1982 106,000

Wellington Harbour Board:
Harbour Works Renewal Loan No. 3, 1982 196,000