1240
THE NEW ZEALAND GAZETTE
No. 43

Plus any other make and type of safety glass which complies with:
ECE Regulation No. 43
British Standard Specification No. AU178 branded accordingly.
Dated at Wellington this 6th day of April 1982.
R. N. ABRAM, for Secretary for Transport.
(M.O.T. 14/1/11)

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
Akaroa County Council:
Rural Housing Loan No. 3, 1981 ......... 75,000
Auckland Regional Authority:
Transport Loan No. 14, 1982 ........... 833,000
Franklin Electric Power Board:
Reticulation Loan 1982 ................ 500,000
Kiwitea County Council:
Rural Housing Loan No. 11, 1981 ........ 75,000
Marlborough County Council:
Staff Housing Loan 1982 ............... 100,000
Marlborough Electric Power Board:
Development Loan 1981 ................. 1,840,000
New Zealand Fire Service Commission:
Fire Service Vehicle Appliance Loan 1982 . 2,000,000
Otago Harbour Board:
Container Terminal Redemption Loan No. 2, 1982 ................................ 41,600

Local Authority and Name of Loan
Otamatea County Council:
Staff Housing Loan No. 11, 1981 ........ 75,000
Rural Housing Loan No. 22, 1981 ........ 100,000
Raetihi Borough Council:
Sewerage Reticulation Loan No. 2, 1982 ... 200,000
Rodney County Council:
Bridges Redemption Loan No. 1, 1982 ...... 10,900
Rotorua District Council:
Rural Housing Loan No. 16, 1981 ........ 100,000
Southland County Council:
Edendale Elderly Persons Housing Additional Loan 1981 ........................... 28,800
Takapuna City Council:
Swimming Pool Redemption Loan No. 2, 1981 ..................................... 20,000
Taranaki Harbours Board:
Loan No. 41, 1981 ..................... 450,000
Loan No. 42, 1982 ..................... 16,200,000
Waiheimo County Council:
Forestry Encouragement Loan 1981 ........ 15,000
Waikato Valley Authority:
Staff Housing Loan 1981 ............... 70,000
Wellington City Council:
Arlington Apartments (Stage IV) additional loan 1982 ............................ 800,000
Whakatane District Council:
Galatea Sealing Supplementary Loan 1982 .. 18,800
Whangarei City Council:
Staff Housing Loan 1981 ............... 100,000
Waterworks Development Loan No. 7, Repayment Loan No. 1, 1982 ............... 116,000
Parking Places Repayment Loan No. 1, 1982 .. 90,000
Waterworks Development Loan No. 5, Repayment Loan No. 4, 1982 ............... 84,000
Whangarei County Council:
Bridge Loan 1981 ...................... 707,000
Marsden Sewerage Loan 1981 ............ 90,000
Rural Housing Loan 1981 ............... 250,000
Water Supply Loan 1981 ................ 2,400,000

Dated at Wellington this 5th day of April 1982.
C. H. TERRY, Deputy Secretary to the Treasury.

Post Office Savings Bank Term Deposit Account Interest Notice 1982

THE rate of interest applicable to money held in Post Office Savings Bank Term Deposit accounts shall be as set out below. This notice shall come into force on the 13th day of April 1982.

1. Interest Rates—(1) The maximum rate of interest to be payable for any period of deposit commencing on or after the date of this notice shall be:

30 days 60 days 90 days 6 mths 9 mths 1 year 2 years 3 years
% p.a. % p.a. % p.a. % p.a. % p.a. % p.a. % p.a. % p.a.
Deposits of $100 to $9,999 ... 10.00 10.50 11.00 12.50 13.00 13.50 13.50 13.50
Deposits of $10,000 or more ... 10.50 11.00 11.50 12.75 13.25 13.75 13.75 13.75

(2) The rate of interest payable on money withdrawn before the expiration of the period of deposit shall be:
(a) Under 30 days: Nil
(b) Thirty days but less than 3 years: the rate provided in clause 1 (1) as appropriate to the nearest completed term of investment less 2 percent per annum, except that where money is withdrawn because of the death of the depositor the full rate appropriate to the nearest completed term of investment may be payable.

2. Revocation—The Post Office Savings Bank Term Deposit Interest Notice 1981* is hereby revoked.

3. Transitional Provisions—Notwithstanding the revocation of the Post Office Savings Bank Term Deposit Account Interest Notice 1981 the rates of interest payable, and the conditions applying in respect of money which was deposited in term deposit accounts before the commencement of this notice shall be the same as specified in that notice until the expiry of the term of deposit.

4. Explanatory Note—Clause 1(1) raises from 13 April 1982 the rate of interest payable on different amounts of money deposited in term deposit accounts for particular periods of deposit.
   Clause 1(2) fixes the rate of interest payable on money withdrawn before the expiration of the specified period of deposit.
   Clause 3 limits application of the increased rates to periods of deposit which commence on or after 13 April 1982.

Dated at Wellington this 8th day of April 1982.

F. K. MCINERNEY, Director-General, New Zealand Post Office.
W. J. P. COOK, Assistant Secretary to the Treasury, The Treasury.

*Gazette, 4 February 1981, No. 11, p. 235