✨ Banking and Standards Notices
1 JULY
THE NEW ZEALAND GAZETTE
2029
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 (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.
R. S. DEANE, Deputy Governor.
The Standards Act 1965—Specification Declared to be a Standard Specification
PURSUANT to section 23 of the Standards Act 1965, the Standards Council, on 25 June 1982, declared the under-mentioned specification to be a standard specification.
Number, Title and Price of Specification (Post free)
NZS 5823:1982 Buoyancy aids and marine safety harnesses and lines. $7.60.
Copies of the standard specification may be ordered from the Standards Association of New Zealand, Wellington Trade Centre, 15-23 Sturdee Street (or Private Bag), Wellington.
Dated at Wellington this 28th day of June 1982.
DENYS R. M. PINFOLD,
Director, Standards Association of New Zealand.
(S.A. 114/2/2: 790)
The Standards Act 1965—Standard Specifications Revoked
PURSUANT to section 23 of the Standards Act 1965, the Standards Council, on 25 June 1982, revoked the under-mentioned standard specifications.
Number and Title of Specifications
NZS 606:1966 (BS 504:1961) Drawn lead traps.
†NZS 670:1967 Methods of measurement of building works.
NZS 843:1951 Strap and tee hinges.
*NZS 1092:1968 (BS 844:1965) Methods of sampling and testing vegetable adhesives.
NZS 1826:1964 The design and construction of shell roofs.
†NZS 1913: 1965 Hollow clay building blocks.
NZS 1952:1965 (IDF 14:1960) Milk pipe fittings.
†NZS 2156:1967 (BS 3733:1964) Endless V-belt drives for agricultural purposes.
*NZS 2053:— (BS 3534:—) Epoxy resin systems for glass fibre reinforced plastics—
Part 1:1965 (BS 3534:part 1:1962) Wet lay-up systems.
Part 2:1965 (BS 3534:part 2:1964) Pre-impregnating systems.
*Obsolete.
†Supersede by NZS 4202:1975.
‡Withdrawn on the grounds of non-usage.
Dated at Wellington this 28th day of June 1982.
DENYS R. M. PINFOLD,
Director, Standards Association of New Zealand.
(S.A. 114/2/7: 1795–1804)
The Standards Act 1965—New Zealand Standard Recommendation Revoked
PURSUANT to the Standards Act 1965, the Standards Council, on 25 June 1982, revoked the under-mentioned standard recommendation.
Number and Title of Standard Recommendation
NZSR 10:— (BS CP 209:—) Care and maintenance of floor surfaces—
Part 1:1965 (BS CP 209:part 1:1963) Wooden flooring.
Dated at Wellington this 28th day of June 1982.
DENYS R. M. PINFOLD,
Director, Standards Association of New Zealand.
(S.A. 114/2/4: 85)
The Standards Act 1965—Amendment of Miscellaneous Publication
PURSUANT to the provisions of the Standards Act 1965, the Standards Council, on 25 June 1982, amended the under-mentioned miscellaneous publication by the incorporation of the amendment shown hereunder.
Number, Title, and Price of Miscellaneous Publication (Post free)
MP 6652:1978 Code of practice for the procurement of electronic equipment. $10.30
Copies of the amended publication are available from the Standards Association of New Zealand, Wellington Trade Centre, 15-23 Sturdee Street (or Private Bag), Wellington.
Copies of the amendment will be supplied free of charge on request.
Dated at Wellington this 28th day of June 1982.
DENYS R. M. PINFOLD,
Director, Standards Association of New Zealand.
(S.A. 114/2/5:147)
The Standards Act 1965—Overseas Specifications Endorsed as Suitable for use in New Zealand
PURSUANT to section 17 of the Standards Act 1965, the Standards Council, on 25 June 1982, endorsed the under-mentioned overseas specifications as suitable for use in New Zealand.
Number and Title of Specification
Price of Copy (Post free)
$
Australian Standard
AS 1110:1980 ISO metric hexagon precision bolts and screws ……… 23.50
AS 1111:1980 ISO metric hexagon commercial bolts and screws ……… 18.50
AS 1112:1980 ISO metric hexagon nuts, including thin nuts, slotted nuts and castle nuts ……… 23.50
AS 1252:1973 General grade high-strength steel bolts with associated nuts and washers for structural engineering (ISO metric series) ……… 15.50
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VUW Te Waharoa —
NZ Gazette 1982, No 72
NZLII —
NZ Gazette 1982, No 72
✨ LLM interpretation of page content
💰
Trading Bank Reserve Asset Ratio
(continued from previous page)
💰 Finance & RevenueReserve Bank, Asset Ratio, Trading Banks
- R. S. DEANE, Deputy Governor
🏭 Specification Declared to be a Standard Specification
🏭 Trade, Customs & Industry28 June 1982
Standards, Buoyancy aids, Marine safety harnesses
- DENYS R. M. PINFOLD, Director, Standards Association of New Zealand
🏭 Standard Specifications Revoked
🏭 Trade, Customs & Industry28 June 1982
Standards, Revocation, Drawn lead traps, Building works
- DENYS R. M. PINFOLD, Director, Standards Association of New Zealand
🏭 New Zealand Standard Recommendation Revoked
🏭 Trade, Customs & Industry28 June 1982
Standards, Revocation, Floor surfaces, Wooden flooring
- DENYS R. M. PINFOLD, Director, Standards Association of New Zealand
🏭 Amendment of Miscellaneous Publication
🏭 Trade, Customs & Industry28 June 1982
Standards, Amendment, Electronic equipment procurement
- DENYS R. M. PINFOLD, Director, Standards Association of New Zealand
🏭 Overseas Specifications Endorsed for Use in New Zealand
🏭 Trade, Customs & Industry28 June 1982
Standards, Endorsement, Overseas specifications, ISO metric
- DENYS R. M. PINFOLD, Director, Standards Association of New Zealand