3 JUNE
THE NEW ZEALAND GAZETTE
1763

Change of Classification of Part of a Reserve

PURSUANT to the Reserves Act 1977, and to a delegation from the Minister of Lands, the Assistant Commissioner of Crown Lands hereby changes the classification of that part of the reserve, described in the Schedule hereto, from a reserve for recreation purposes to a reserve for local purpose (site for community buildings), subject to the provisions of the said Act.

SCHEDULE

NORTH AUCKLAND LAND DISTRICT—WHANGAREI COUNTY—
PART NGUNGURU DOMAIN RECREATION RESERVE

1821 square metres, more or less, being Lot 18, D.P. 39121, situated in Block IV, Whangarei Survey District. Part certificate of title 923/225.

Dated at Auckland this 17th day of May 1982.

R. F. SMITH,
Assistant Commissioner of Crown Lands.

(L. and S. H.O. Res. 2/2/144; D.O. 8/3/279)

Classification of Reserve and Declaration That the Reserve be Part of the Kamo Domain Recreation Reserve

PURSUANT to the Reserves Act 1977, and to a delegation from the Minister of Lands, the Assistant Commissioner of Crown Lands hereby classifies the reserve, described in the Schedule hereto, as a reserve for recreation purposes, and further, declares the said reserve to form part of the Kamo Park Domain Recreation Reserve to be administered as a reserve for recreation purposes by the Whangarei City Corporation.

SCHEDULE

NORTH AUCKLAND LAND DISTRICT—WHANGAREI CITY

6.1206 hectares, more or less, being Lots 1 and 2, D.P. 20496, situated in Block VIII, Purua Survey District. Part certificate of title 731/27 and all certificate of title 1811/69.

Dated at Auckland this 20th day of May 1982.

R. F. SMITH,
Assistant Commissioner of Crown Lands.

(L. and S. H.O. Res. 2/2/69; D.O. 8/3/48)

Vesting a Reserve in the Southland County Council

PURSUANT to the Reserves Act 1977, and to a delegation from the Minister of Lands, the Assistant Commissioner of Crown Lands hereby vests the reserve, described in the Schedule hereto, in the Southland County Council in trust for recreation purposes.

SCHEDULE

SOUTHLAND LAND DISTRICT—SOUTHLAND COUNTY—HALDANE RECREATION RESERVE

3.5208 hectares, more or less, being Section 53, Block IX and Lot 1, D.P. 3407, Block X, Waikawa Survey District. All New Zealand Gazette 1979, page 3029. All certificate of title 149/265. S.O. Plan 5674.

Dated at Invercargill this 14th day of May 1982.

R. E. WYNN,
Assistant Commissioner of Crown Lands.

(L. and S. H.O. Res. 13/2/21; D.O. 8/3/12)

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 and including 1 June 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:

15.5 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 made during the next following calendar month and on terms and conditions to be determined by 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 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

Amount Consented to $

Auckland Harbour Board:
Loan No. 1, 1982 … … … 1,300,000

Auckland Regional Authority:
Drainage Loan No. 111, 1982 … 1,244,000

Feilding Borough Council:
Water Supply Loan 1982 … … 800,000

Hawke’s Bay Harbour Board:
Kirkpatrick Wharf Extension and Associated Works Loan 1982 … … 375,000

Manukau City Council:
Manurewa Community Centre Shops and Offices Redevelopment Supplementary Loan 1982 … … 38,600

Marlborough Hospital Board:
Hospital Works Loan 1982 … … 1,000,000

Nelson Harbour Board:
Cement Bulk Storage Silo and Bagging Plant Loan 1982 … … 1,000,000

Northland Harbour Board:
Staff Amenities Loan 1982 … … 224,000

Northland Hospital Board:
Hospital Works Loan 1982 … … 1,300,000

Onehunga Borough Council:
Comprehensive Urban Renewal Area No. 1, Flats Construction Loan 1982 … 250,000