✨ Commercial and Banking Notices
16 JANUARY THE NEW ZEALAND GAZETTE 115
Notice by Examiner of Commercial Practices of Consents to Merger and Takeover Proposals
Pursuant to section 72 (6) of the Commerce Act 1975, notice is hereby given that the Examiner of Commercial Practices has consented to the following merger and takeover proposals.
Person by or on behalf of whom notice was given in terms of section 70(1) of the Commerce Act 1975
| Proposal | Date of Consent | Commission Reference |
|---|---|---|
| Amalgamated Dairies Ltd. | ||
| Amalgamated Dairies Ltd. may acquire up to 100 per cent of Sandford Ltd. | 10 January 1986 | 513 |
| Dominion Breweries Ltd. | ||
| Dominion Breweries Ltd. may acquire wet and dry stock and chattels of DB Station Hotel | 7 January 1986 | 553 |
| Dominion Breweries Ltd. may acquire stock and plant of the DB Winton Hotel | 5 December 1985 | 529 |
| Rangitaiki Plains Dairy Co. Ltd. and Bay of Plenty Co-op Dairy Co. Ltd. | ||
| Bay Milk Products may acquire assets and business of Rangitaiki Plains Dairy Co. Ltd. and Bay of Plenty Co-op Dairy Association Co. Ltd. | 9 January 1986 | 532 |
| Commercial Securities Ltd. | ||
| Commercial Securities Ltd. may acquire up to 50 per cent of the share capital of Technigroup Holdings Ltd. | 13 January 1986 | 564 |
Dated at Wellington this 14th day of January 1986.
D. T. WOGAN, for Examiner of Commercial Practices.
SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF PRINCIPAL LIABILITIES AND ASSETS IN RESPECT OF NEW ZEALAND BUSINESS AS AT CLOSE OF BUSINESS ON 30 OCTOBER 1985
In accordance with subsection (4) of Section 31 of the Reserve Bank of New Zealand Act 1964
*(All amounts in New Zealand Currency)
LIABILITIES*
(N.Z.$ thousands)
| Australia and New Zealand Banking Group (New Zealand) Limited | Bank of New Zealand | The National Bank of New Zealand Limited | Westpac Banking Corporation | TOTALS | |
|---|---|---|---|---|---|
| 1. Demand deposits in New Zealand | $77,153 | $1,143,084 | $432,417 | $604,656 | $2,257,310 |
| 2. Time deposits in New Zealand | 1,980,901 | 4,148,172 | 1,640,389 | 1,929,573 | 9,699,035 |
| 3. Liabilities elsewhere than in New Zealand incurred in respect of New Zealand business | 200,048† | 113,186 | 108,510 | 284,481 | 706,225 |
| 4. Bills payable and all other liabilities in New Zealand, including balances due to other banks but excluding shareholders’ funds | 51,741 | 11,418 | 57,423 | 25,433 | 146,015 |
ASSETS**
(N.Z.$ thousands)
| Australia and New Zealand Banking Group (New Zealand) Limited | Bank of New Zealand | The National Bank of New Zealand Limited | Westpac Banking Corporation | TOTALS | |
|---|---|---|---|---|---|
| 1. Balances at Reserve Bank of New Zealand— | |||||
| (a) Demand deposits | — | $4 | $2 | $4 | $13 |
| (b) Time deposits | — | — | — | 3 | — |
| 2. Reserve Bank of New Zealand notes | 12,810 | 32,348 | 5,651 | 7,885 | 58,694 |
| 3. New Zealand coin | 1,038 | 3,122 | 1,242 | 1,861 | 7,263 |
| 4. Assets elsewhere than in New Zealand held in respect of New Zealand business | 223,308† | 173,334 | 186,653 | 349,623 | 932,918 |
| 5. Advances in New Zealand and discounts of bills payable in New Zealand (excluding advances and discounts included under item 6)— | |||||
| (a) Advances | 1,101,249 | 2,039,537 | 962,446 | 818,863 | 4,922,095 |
| (b) Discounts | 65,042 | 49,007 | 47,119 | 51,213 | 212,381 |
| 6. Term loans in New Zealand | 854,762 | 1,593,227 | 759,004 | 907,779 | 4,114,772 |
| 7. Investments held in New Zealand— | |||||
| (a) Government securities | |||||
| (i) Treasury Bills | 104,995 | 311,904 | 74,555 | 188,891 | 680,345 |
| (ii) Government Stock | 503,936 | 1,200,446 | 198,579 | 564,564 | 2,467,525 |
| (b) Other Investments | 110,387 | 563,845 | 26,905 | 73,908 | 775,045 |
| 8. Cheques and bills drawn on other banks in New Zealand and balances with and due from other banks in New Zealand (excluding balances with Reserve Bank of New Zealand) | — | — | — | — | — |
| 9. Book value of land, buildings, furniture, fittings, and equipment in New Zealand | — | 9,800 | 23,235 | 67,250 | 100,285 |
| 10. All other assets in New Zealand | 26,231 | 137,202 | 82,470 | 68,495 | 314,398 |
Aggregate of Unexercised Overdraft Authorities and Term Loan Authorities in New Zealand $3,337,716 (Revised).
†As at 6 November 1985.
*Excluding shareholders’ funds, contingencies, inter-branch accounts within New Zealand, and certain transit items.
**Excluding inter-branch accounts within New Zealand, contingencies, and certain transit items.
Wellington, N.Z., 30 December 1985.
C. B. RAMPTON, Acting Chief Manager, Financial Markets Department, Reserve Bank of New Zealand.
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VUW Te Waharoa —
NZ Gazette 1986, No 4
NZLII —
NZ Gazette 1986, No 4
✨ LLM interpretation of page content
🏭 Consents to Merger and Takeover Proposals
🏭 Trade, Customs & Industry14 January 1986
Merger, Takeover, Commerce Act, Examiner of Commercial Practices
- D. T. Wogan, Signed on behalf of Examiner of Commercial Practices
- D. T. Wogan, for Examiner of Commercial Practices
💰 Trading Banks’ Monthly Returns of Principal Liabilities and Assets
💰 Finance & Revenue30 December 1985
Banking, Liabilities, Assets, Reserve Bank of New Zealand
- C. B. Rampton, Acting Chief Manager, Financial Markets Department, Reserve Bank of New Zealand
- C. B. Rampton, Acting Chief Manager, Financial Markets Department, Reserve Bank of New Zealand