25 SEPTEMBER
THE NEW ZEALAND GAZETTE
4049

RESERVE BANK OF NEW ZEALAND

STATEMENT OF ASSETS AND LIABILITIES OF THE RESERVE BANK OF NEW ZEALAND AS AT THE CLOSE OF BUSINESS ON WEDNESDAY, 10 SEPTEMBER 1986

Liabilities Assets
$(000) $(000)
Overseas liabilities— Overseas assets—
Denominated in overseas currencies— Denominated in overseas currencies—
(a) Short term 901,753 (a) Short term 1,830,733
(b) Long term 510,332 (b) Long term 13,282
Denominated in New Zealand currency— (c) Holdings of I.M.F. special drawing
(a) Short term 50,371 rights 2,254
(b) Long term - Denominated in New Zealand currency—
1,462,456 (a) Short term 2,620
Allocation of special drawing rights by (b) Long term 699
I.M.F. 327,362 1,849,588
Deposits—
(a) State:
Public account 1,269,495 Advances and discounts—
Other 107,834 (a) State:
(b) Marketing organisations 202 Public account -
(c) Stabilisation accounts 94,846 Other 21,083
(d) Trading banks 7,671 (b) Marketing organisations 8,165
(e) Other 14,596 (c) Stabilisation accounts 853,708
1,494,644 (d) Trading banks:
Notes in circulation 776,308 Compensatory deposits -
Other liabilities 56,240 Other 4,043
Reserves— (e) Other 265
(a) General reserve 139,615 887,264
(b) Other reserves 91,956 Term Loans—
(c) Profit and loss appropriation account Marketing organisations 781,250
231,571 Investments in New Zealand—
$4,348,581 (a) New Zealand Government securities 710,335
(b) Other 16,009
Other assets 726,344
104,135
$4,348,581

G. K. FROGGATT, Chief Manager, Corporate Services.

Notice by Commerce Commission of Clearances of Merger and Takeover Proposals

NOTICE is hereby given that the Commerce Commission has given clearance to the following merger and takeover proposals in terms of section 66 (3) (a) of the Commerce Act 1986.

Person by or on behalf of whom notice was given in terms of section 66 (1) or 67 (1) of the Commerce Act 1986

Proposal Date of Clearance Commission Reference

General Properties Corporation Ltd. 17 September 1986 AUT/MT-G2/1
That General Properties Corporation Ltd. acquire up to 100 percent of the issued shares in the capital of Cypex Resources Ltd.

United Group Securities Ltd. (a wholly owned subsidiary of the United Building Society 17 September 1986 AUT/MT-U4/1
United Group Securities Ltd. may acquire 100 percent of the shareholding of Beltons Real Estate Ltd.

Rada Corporation Ltd. 11 September 1986 AUT/MT-R5/2
Rada Corporation Ltd. may acquire up to 100 percent shareholding in General Properties Corporation Ltd.

346976 Alberta Ltd. Nova, an Alberta Corporation 17 September 1986 AUT/MT-N9/1
346976 Alberta Ltd. may acquire up to 49 percent of the share capital of Petralgas Chemicals New Zealand Ltd. and Nova, an Alberta Corporation, may then acquire up to 49 percent of the share capital of Petralgas from 346976

Hickson's Timber Impregnation Company (New Zealand) Ltd. 17 September 1986 AUT/MT-H2/1
That Hickson's Timber Impregnation Company (New Zealand) Ltd. acquire the assets of the preservatives business of Kentokil Ltd.

ECC Pacific (NZ) Ltd. 17 September 1986 AUT/MT-E3/1
EEC Pacific (NZ) Ltd. acquire up to 100 percent of the ordinary share capital of Mercator Chemical Company Ltd.

R. & W. Hellaby Ltd. 17 September 1986 AUT/MT-R6/2
That R. & W. Hellaby Ltd. may acquire up to 100 percent of the shareholding of Donaghy Industries Ltd.

Repco Corporation NZ Ltd. 17 September 1986 AUT/MT-R9/1
That Repco Corporation NZ Ltd. may acquire up to 100 percent of the share capital of Renouf Property Developments Ltd.

Dated at Wellington this 23rd day of September 1986.

D. J. KERR, for Commerce Commission.

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