1 SEPTEMBER
THE NEW ZEALAND GAZETTE
2925

I hereunder, for inclusion in any CNG fuel system installed and operated in accordance with the requirements of New Zealand Standard NZS 5422, Part 2, 1980 (and any standard made in amendment thereto or in substitution therefor), subject to the conditions set out in Schedule II hereunder.

SCHEDULE I

MOT Reference
AF C06 004

CNG HIGH PRESSURE FLEXIBLE HOSE

Description

“Alencoflex” brand flexible hose, marked “Alencoflex HR 1, ¼-4 minimum burst 17000 psi/1172 bar” (with an outside diameter of 11 mm and an inside diameter of 5 mm), manufactured by Alenco Ltd. of the United Kingdom.

SCHEDULE II

CONDITIONS OF APPROVAL

1. Alencoflex flexible hose shall be installed in accordance with the requirements of section 3.1.4 of New Zealand Standard NZS 5422, Part 2, 1980, except that securement to the chassis frame or body of a vehicle shall be effected by the use of cushioned clips of sufficient resilience to prevent damage to the hose during normal operation of the vehicle.

Dated at Wellington this 26th day of August 1983.

T. A. LISTER, Senior Automotive Engineer.

S.R. 1976/227
Amendment No. 1: S.R. 1978/72
Amendment No. 2: S.R. 1978/301
Amendment No. 3: S.R. 1979/128
Amendment No. 4: S.R. 1980/31
Amendment No. 5: S.R. 1980/115
Amendment No. 6: S.R. 1981/158
Amendment No. 7: S.R. 1981/311
Amendment No. 8: S.R. 1982/93

(M.O.T. 14/1/17)

60

National Roads Board—Declaring a State Highway to be a Limited Access Road—Part State Highway No. 45

It is notified that the National Roads Board, by resolution dated 17 February 1969, and pursuant to section 153 of the Public Works Act 1981 (which replaces the Public Works Amendment Act 1963), hereby declares that part of State Highway No. 45, for half its width on the western side across the frontage of Section 196, Omata District (CT. C3/1237) as more particularly shown on sheet 1, of plan LA 42/88/3 and accompanying Schedule, held in the office of the Resident Engineer, Ministry of Works and Development, New Plymouth and there available for public inspection, to be a limited access road.

Dated at Wellington this 26th day of August 1983.

R. K. THOMSON, Secretary.

72/45/7/5

20

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 the Schedule.

SCHEDULE

Local Authority and Name of Loan

Dannevirke Electric Power Board:
Staff Housing Loan 1983

Ellesmere County Council:
Rural Housing Loan No. 14, 1982

Amount Consented to
$

100,000

135,000

Local Authority and Name of Loan

Eltham County Council:
Rural Housing Loan No. 16, 1981

Hamilton City Council:
Library (Chartwell) Property Acquisition Loan 1982

Manukau City Council:
Housing for the Elderly (Percival Street) Loan 1983

New Zealand Fire Service Commission:
Fire Service Technical Building Loan 1983

Nelson City Council:
YMCA Health and Fitness Centre Loan No. 1, 1983

Patea County Council:
Bridges Loan 1983

Rodney County Council:
Hibiscus Coast Sewerage Stage 1 Supplementary Loan 1983

Takapuna City Council:
Glenfield Stormwater Drainage Redemption Loan Additional Loan 1983

Amount Consented to
$

75,000

95,000

69,000

355,000

30,000

300,000

1,060,040

2,000

Dated at Wellington this 22nd day of August 1983.

J. W. P. COOK, Assistant Secretary to the Treasury.

2

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 the close of business on 1 September 1983 and until further notice each trading bank shall maintain during each calendar month balances at the Reserve Bank plus holdings of Reserve Bank notes, of New Zealand coin, 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:

24.5 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 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 and of New Zealand coin 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.