884 THE NEW ZEALAND GAZETTE No. 26

Customs Exchange Rates Notice (No. 4) 1986

PURSUANT to section 143 of the Customs Act 1966, the Comptroller
of Customs, in accordance with the power delegated to him by the
Minister of Customs under section 9 of that Act, hereby gives the
following notice.

NOTICE

1. Short title and commencement—(1) This notice may be cited
as the Customs Exchange Rates Notice (No. 4) 1986.
(2) This notice shall come into force on the 3rd day of March
1986.

2. Exchange rates—Where under any provisions of the Customs
Act 1966 any amount which is required to be taken into account
for the purpose of assessing duty or any other purpose is not an
amount in New Zealand currency, the amount to be so taken into
account shall be the equivalent in New Zealand currency of that
amount ascertained in accordance with the rate of exchange set out
in the Schedule to this notice.

3. Revocation—The Customs Exchange Rates Notice (No. 3) 1986,
published in the New Zealand Gazette, No. 17, dated 13 February
1986, on page 464 is hereby revoked.

SCHEDULE

Value of One NZ Dollar

Australia .. .. .. .. .76 Dollar
Austria .. .. .. .. 8.73 Schilling
Bangladesh .. .. .. .. 16.17 Taka
Belgium .. .. .. .. 25.86 B Franc
Brazil .. .. .. .. 6963.65 Cruzeiro
Burma .. .. .. .. 4.15 Kyat
Canada .. .. .. .. .75 Dollar
Chile .. .. .. .. 98.98 Peso
China .. .. .. .. 1.70 Renminbi or Yuan
Denmark .. .. .. .. 4.58 Krone
Egypt .. .. .. .. .70 E Pound
Fiji .. .. .. .. .58 F Dollar
Finland .. .. .. .. 2.79 Markka
France .. .. .. .. 3.82 Franc
French Polynesia .. .. .. 68.32 FP Franc
Greece .. .. .. .. 76.11 Drachma
Hong Kong .. .. .. .. 4.15 HK Dollar
India .. .. .. .. 6.62 Rupee
Indonesia .. .. .. .. 596.53 Rupiah
Ireland .. .. .. .. .41 I Pound
Israel .. .. .. .. .79 Shekel
Italy .. .. .. .. 845.27 Lira
Jamaica .. .. .. .. 2.80 J Dollar
Japan .. .. .. .. 95.77 Yen
Korea .. .. .. .. 481.86 Won
Malaysia .. .. .. .. 1.31 M Dollar (Ringgit)
Mexico .. .. .. .. 250.51 Peso
Netherlands .. .. .. .. 1.40 Florin (Guilder)
Norway .. .. .. .. 3.87 Krone
Pakistan .. .. .. .. 8.26 Rupee
Papua New Guinea .. .. .. .52 Kina
Philippines .. .. .. .. 10.25 Peso
Portugal .. .. .. .. 80.90 Escudo
Singapore .. .. .. .. 1.13 S Dollar
South Africa .. .. .. .. 1.10 Rand
Spain .. .. .. .. 78.14 Peseta
Sri Lanka .. .. .. .. 14.63 Rupee
Sweden .. .. .. .. 3.93 Krona
Switzerland .. .. .. .. 1.02 Franc
Taiwan .. .. .. .. 21.00 Twn Dollar
Thailand .. .. .. .. 13.77 Baht
Tonga .. .. .. .. .76 Pa'anga
United Kingdom .. .. .. .38 Pound
U.S.A. .. .. .. .. .53 Dollar
West Germany .. .. .. 1.25 Mark
Western Samoa .. .. .. 1.19 Tala

Dated at Wellington this 18th day of February 1986.

M. J. BELGRAVE, Comptroller of Customs.

2

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, 12 FEBRUARY 1986

Liabilities

$(000)

Overseas liabilities—
Denominated in overseas currencies—
(a) Short term .. .. 41,943
(b) Long term .. .. 1,321,455
Denominated in New Zealand currency—
(a) Short term .. .. 50,371
(b) Long term .. .. —
1,413,769

Allocation of special drawing rights by I.M.F. .. .. 311,076

Deposits—
(a) State:
Public account .. .. 3,088,399
Other .. .. .. 75,772
(b) Marketing organisations .. 160,782
(c) Stabilisation accounts .. 115,436
(d) Trading banks .. .. 14,662
(e) Other .. .. .. 20,023
3,475,074

Notes in circulation .. .. 750,181
Other liabilities .. .. 229,819

Reserves—
(a) General reserve .. .. 100,000
(b) Other reserves .. .. 71,956
(c) Profit and loss appropriation account —
171,956

$6,351,875

Assets

$(000)

Overseas assets—
Denominated in overseas currencies—
(a) Short term .. .. 1,855,374
(b) Long term .. .. 14,513
(c) Holdings of I.M.F. special drawing rights .. .. 13,234
Denominated in New Zealand currency—
(a) Short term .. .. 2,707
(b) Long term .. .. 699
Gold .. .. .. —
1,886,527

Advances and discounts—
(a) State:
Public account .. .. —
Other .. .. .. 1,616,909
(b) Marketing organisations .. 7,061
(c) Stabilisation accounts .. 495,558
(d) Trading banks:
Compensatory deposits .. —
Other .. .. .. 4,769
(e) Other .. .. .. 342
2,124,639

Term Loans—
Marketing organisations .. .. 800,000

Investments in New Zealand—
(a) New Zealand Government securities 1,348,819
(b) Other .. .. .. 14,009
1,362,828

Other assets .. .. 177,881

$6,351,875

J. S. R. WOODHOUSE for Chief Manager, Corporate Services.