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New Zealand Gazette – 1988 – No. 122

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✨ Financial Notices

NEW ZEALAND GAZETTE

14 JULY

Reserve Bank

Exchange Control Regulations 1985

The Exchange Control (Authorised Foreign Exchange Dealers) Notice (No. 2) 1988

Pursuant to the Exchange Control Regulations 1985, the Reserve Bank of New Zealand hereby gives the following notice.

Notice

Title and commencement—(1) This notice may be cited as the Exchange Control (Authorised Foreign Exchange Dealers) Notice (No. 2) 1988.

(2) This notice shall come into force on the 18th day of July 1988.

Designation of authorised foreign exchange dealers—The persons named in the Schedule to this notice are designated as authorised foreign exchange dealers.
Revocation—The Exchange Control (Authorised Foreign Exchange Dealers) Notice 1988 is hereby revoked.

Schedule

A.M.P. Financial Corporation (N.Z.) Limited.
ANZ Banking Group (New Zealand) Limited.
Bancorp Securities Limited.
Bank of New Zealand.
Banque Indosuez New Zealand Limited.
Barclays Bank New Zealand Limited.
B T. New Zealand Limited.
Citibank N.A.
DFC New Zealand Limited.
Elders Merchant Finance Limited.
Midland Montagu Australia Limited.
National Australia Bank (NZ) Limited.
NZI Bank Limited.
Security Pacific Bank New Zealand Limited.
The Hongkong and Shanghai Banking Corporation.
The National Bank of New Zealand Limited.
Westpac Banking Corporation.

Dated at Wellington this 11th day of July 1988.

A. A. SMITH, Chief Manager, International Department, Reserve Bank of New Zealand.

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Securities Act 1978

Summary of Trading Banks’ Monthly Returns of Principal Liabilities and Assets in Respect of New Zealand Business as at Close of Business on April 1988

Pursuant to Section 5 (5) of the Securities Act 1978

(All Amounts in New Zealand Currency)

Liabilities*	ANZ Banking Group (N.Z.) Limited $	Bank of New Zealand $	The National Bank of New Zealand Limited $	Westpac Banking Corporation $	TOTALS $
(N.Z. $ thousands)
1. Demand deposits in New Zealand	1,569,600	2,745,011	900,507	898,427	6,113,545
2. Time deposits in New Zealand	3,588,069	5,621,744	4,100,542	2,915,241	16,225,596
3. Liabilities elsewhere than in New Zealand incurred in respect of New Zealand business	414,454	61,969	554,295	763,154	1,793,872
4. Bills payable and all other liabilities in New Zealand, including balances due to other banks but excluding shareholders’ funds	17,431	338,447	74,222	207,741	637,841

Assets†	ANZ Banking Group (N.Z.) Limited $	Bank of New Zealand $	The National Bank of New Zealand Limited $	Westpac Banking Corporation $	TOTALS $
(N.Z. $ thousands)
1. Balances at Reserve Bank of New Zealand (Demand deposits)	62,530	64,914	37,597	36,600	203,519
2. Reserve Bank of New Zealand notes	60,236	-	1,467	40,772	102,475
3. New Zealand coin	-	2,099	-	1,346	4,912
4. Assets elsewhere than in New Zealand held in respect of New Zealand business	504,447	218,841	1,175,656	441,251	2,340,195
5. Advances in New Zealand and discounts of bills payable in New Zealand (excluding advances and discounts included under item 6)— (a) Advances	1,586,713	4,133,583	2,439,603	1,491,493	9,651,392
(b) Discounts	317,252	324,575	283,458	178,552	1,103,837
6. Investments held in New Zealand— (a) Government Securities (i) Treasury Bills	1,944,250	2,273,468	1,107,169	1,713,320	7,038,207
(ii) Government Stock	328,335	672,913	167,797	325,903	1,494,948
(c) Other investments	445,048	455,228	329,101	303,956	1,533,333
7. 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	358,586	2,050,580	32,875	410,510	2,902,651
8. Bank premises, furniture, fittings, and equipment in New Zealand	456,905	2,956	831	90,532	551,224
9. Book value of land, buildings, furniture, fittings, and equipment in New Zealand	31,247	275,816	144,798	99,754	551,615

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VUW Te Waharoa — NZ Gazette 1988, No 122

NZLII — NZ Gazette 1988, No 122

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✨ LLM interpretation of page content

💰 Exchange Control (Authorised Foreign Exchange Dealers) Notice (No. 2) 1988

Domain💰 Finance & Revenue
Dated11 July 1988
KeywordsExchange Control, Authorised Foreign Exchange Dealers, Banking
👩‍💼 Officials

A. A. Smith, Chief Manager, International Department, Reserve Bank of New Zealand

💰 Summary of Trading Banks’ Monthly Returns of Principal Liabilities and Assets

Domain💰 Finance & Revenue
KeywordsBanking, Liabilities, Assets, Monthly Returns

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