1110
THE NEW ZEALAND GAZETTE
No. 36

RESERVE BANK OF NEW ZEALAND

STATEMENT OF ASSETS AND LIABILITIES OF THE RESERVE BANK OF NEW ZEALAND AS AT THE CLOSE OF BUSINESS ON WEDNESDAY, 20 JANUARY 1982

Liabilities

Notes in circulation .. .. .. $610,073
Demand deposits—
(a) State .. .. .. 118,550
(b) Banks .. .. .. 5,577
(c) Marketing accounts .. .. 65,094
(d) Other .. .. .. 128,567

Time deposits .. .. .. 317,788
Liabilities in currencies other than New Zealand currency—
(a) Demand .. .. .. 1,242,144
(b) Time .. .. .. 1,242,144

Allocation of special drawing rights by I.M.F. .. .. .. 199,942
Other liabilities (including accumulated profits) .. .. .. 96,315
Capital accounts—
(a) General reserve .. .. 40,940
(b) Other reserves .. .. 26,088

$2,533,290

Assets

Gold .. .. .. 699
Overseas assets—
(a) Current accounts and short term bills .. 321,508
(b) Investments .. .. 10,960
(c) Holdings of special drawing rights .. 27,506

359,974
New Zealand coin .. .. .. 10,998
Discounts .. .. .. 4,890

Advances—
(a) To the State .. .. .. 40,637
(b) To marketing accounts .. .. 836,100
(c) Export credits .. .. .. 48,161
(d) Other advances .. .. .. 174

925,072
Investments in New Zealand—
(a) New Zealand Government Securities .. 967,088
(b) Other .. .. .. 1,627

968,715
Other assets .. .. .. 262,942

$2,533,290

O. G. SCOTT, Acting Chief Accountant.

RESERVE BANK OF NEW ZEALAND

STATEMENT OF ASSETS AND LIABILITIES OF THE RESERVE BANK OF NEW ZEALAND AS AT THE CLOSE OF BUSINESS ON WEDNESDAY, 27 JANUARY 1982

Liabilities

Notes in circulation .. .. .. $619,010
Demand deposits—
(a) State .. .. .. 204,229
(b) Banks .. .. .. 12
(c) Marketing accounts .. .. 59,919
(d) Other .. .. .. 163,942

428,102
Time deposits .. .. .. 1,238,910
Liabilities in currencies other than New Zealand currency—
(a) Demand .. .. .. 1,238,910
(b) Time .. .. .. 1,238,910

Allocation of special drawing rights by I.M.F. .. .. .. 199,942
Other liabilities (including accumulated profits) .. .. .. 98,548
Capital accounts—
(a) General reserve .. .. 40,940
(b) Other reserves .. .. 26,088

$2,651,540

Assets

Gold .. .. .. 699
Overseas assets—
(a) Current account and short term bills .. 250,420
(b) Investments .. .. 10,960
(c) Holdings of special drawing rights .. 27,506

288,886
New Zealand coin .. .. .. 11,645
Discounts .. .. .. 12,890

Advances—
(a) To the State .. .. .. 12,264
(b) To marketing accounts .. .. 799,107
(c) Export credits .. .. .. 48,648
(d) Other advances .. .. .. 6,000

866,019
Investments in New Zealand—
(a) New Zealand Government Securities .. 1,202,878
(b) Other .. .. .. 1,927

1,204,805
Other assets .. .. .. 266,596

$2,651,540

O. G. SCOTT, Acting Chief Accountant.

Notice by Examiner of Commercial Practices of Consent to a Merger and Takeover Proposal

PURSUANT to section 70 of the Commerce Act 1975, the duly authorised delegate for the Examiner of Commercial Practices hereby gives notice that he has, subject to subsection (9) of that section, consented to the following merger and takeover proposals, being merger and takeover proposals which also require consent under the Overseas Investment Act 1973 and the Overseas Investment Regulations 1974*.

Person by or on behalf of whom notice was given in terms of section 68 (1) of the Commerce Act 1975

Chelsea Investments Ltd.

Proposal

(i) Chelsea Investments Ltd., would take an option to acquire, exercisable at any time, the 50 percent of the ordinary share capital of Cottesloe Investments Ltd., that it would not already own when the company is incorporated and;

(ii) Cottesloe Investments Ltd., would acquire 70 percent of the issued share capital in H. Baigent and Sons Ltd.

Date of Consent

15 March 1982

Dated at Wellington this 24th day of March 1982.

*R. M. ORAM, for Examiner of Commercial Practices.

*S.R. 1974/117