1 DECEMBER
THE NEW ZEALAND GAZETTE
4175

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:

25.5 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 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.

R. S. DEANE, Deputy Governor.

Revocation of Order to Vary Hours of Sale of Liquor at Licenced Premises—Bay of Plenty Licensing Committee

PURSUANT to section 221A of the Sale of Liquor Act 1962, I, Stanley James Callahan, Secretary for Justice, hereby give notice that the Bay of Plenty Licensing Committee of 9 September 1983, revoked an order made on 10 June 1983, authorising variations of the usual hours of trading for the Plains Hotel, Edgecombe.

Dated at Wellington 28th day of November 1983.

S. J. CALLAHAN, Secretary for Justice.

The Marine Pollution (Approval of Dispersants) Notice

PURSUANT to regulation 4 of the Marine Pollution (Dispersants and Exceptions) Regulations 1975, I, Hubert David Maurice Jones, the Director of the Marine Division of the Ministry of Transport, hereby give the following notice.

NOTICE

THE dispersant known as SURFLO—OW 1, retailed in New Zealand by MINTECH (N.Z.) Ltd., is hereby approved for the purposes of the Marine Pollution (Dispersants and Exceptions) Regulations 1975.

Signed at Wellington this 28th day of November 1983.

H. D. M. JONES, Director, Marine Division.

(M.O.T. File 44/0/15/1)

C.N.G. Fuel Systems—Approval of Components for Experimental Purposes

PURSUANT to regulation 90C of the Traffic Regulations 1976* (as inserted by the Traffic Regulations 1976, Amendment No. 7), and pursuant to the powers granted to me by the Secretary for Transport, I, Trevor Alan Lister, Senior Automotive Engineer, hereby approve the C.N.G. fuel system component listed in the Schedule hereto for experimental purposes, subject to the conditions set out in the said Schedule.

SCHEDULE

THE prototype C.N.G. pressure transducer manufactured by Grant Electronics Ltd. of Napier to drawing number 8—4—83 and bearing the identification designation “T2” when fitted to the Toyota Corona motor car registration number LC 5212 in accordance with the instructions of Grant Electronics Ltd.

Provided that, in all respects, the remainder of the C.N.G. fuel system is comprised of approved components fitted in accordance with the requirements of New Zealand Standard NZS 5422, Pt 2, 1980.

This approval for experimental purposes shall be limited for the period up to and including 30 June 1984.

Dated at Wellington this 24th day of November 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)

The Road Classification (Papakura City) Notice No. 1, 1983

PURSUANT to regulation 3 of the Heavy Motor Vehicle Regulations 1974*, and pursuant to the powers delegated to me by the Secretary for Transport, I, Carne Maurice Clissold, Chief Traffic Engineer, hereby give the following notice:

NOTICE

1. This notice may be cited as the Road Classification (Papakura City) Notice No. 1, 1983.

2. The Papakura City Council’s proposed classification of the roads as set out in the Schedule hereto is hereby approved.

3. So much of the notice dated the 29th day of March 1972† as relates to the classification of the roads described in the Schedule hereto is hereby revoked.

SCHEDULE

PAPAKURA CITY

Roads Classified in Class One

New Road (presently unnamed): from Marne Road to Settlement Road.
Plunket Street.
Victoria Street: from Opaheke Road to and including the new railway bridge.

Roads classified in Class Two

Onslow Road: from Opaheke Road to Settlement Road.
Opaheke Road: from Victoria Street to Onslow Road.
Settlement Road: from Marne Road to Smiths Avenue.