21 NOVEMBER NEW ZEALAND GAZETTE 3673

(i) Where it reads "Second Schedule" above the First Schedule in the notice read "First Schedule"; and

(ii) After item 1, Brakes, include the following line:
2 Hydraulic brake hose MA

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Treasury

Public Finance Act 1989

Cash Flow Statement of the Crown Bank Account and Departmental Bank Accounts for the Month Ended 31 October 1991

This statement has been prepared, and is published, in accordance with section 32 of the Public Finance Act 1989. The information to prepare this statement has been obtained from the centralised cash management system operated by the Treasury. It therefore records cash flows through the bank accounts operated by Government departments and the Crown rather than cash flows through those organisations' books of account. As this is the first year this statement is produced, comparative information cannot be provided.

Cash was disbursed to departments for:
Departmental purposes 350,844 1,576,726
Payments on behalf of the Crown 1,802,029 7,139,603

| Cash flows from Crown and departmental activities: | 2,152,873 | 8,716,329 |

| Cash flows from debt and cash management operations: | (475,023) | (383,120) |
| Cash was collected from: | | |
| Sale of investments | -- | 280,859 |
| Repayment of investments | 95,999 | 661,673 |
| Interest received | 110,677 | 251,702 |
| Borrowing in New Zealand | 3,491,150 | 13,073,750 |
| Borrowing from overseas | 170,569 | 945,359 |

| | 3,868,395 | 15,213,343 |

Cash was disbursed to:
Purchase of investments (71,024) 617,074
Interest payments and costs 308,584 1,473,553
Major projects refinancing -- 4,991
Repayment of New Zealand loans 3,218,895 11,287,419
Repayment of overseas loans 422,144 1,586,479

| | 3,878,599 | 14,969,516 |

| Cash flows from debt and cash management operations: | (10,204) | 243,827 |

| Net increase (decrease) in cash held | (485,227) | (139,293) |
| Foreign exchange gain (loss) | 7,640 | (2,895) |
| Plus opening cash position | 1,089,516 | 754,147 |
| Closing cash position | 611,959 | 611,959 |

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Authorities and Other Agencies of State

Securities Commission

Securities Act 1978

Notice of Approval of Guardian Trust Australia Limited to act as a trustee

Pursuant to section 48 of the Securities Act 1978, the Securities Commission approves Guardian Trust Australia Limited (“the Company”) to act as a trustee for the purposes of the Securities Act 1978 in respect of unsecured mandatory convertible stock units to be offered to the public by Lion Nathan Limited in November and December 1991. This approval is subject to the condition that The New Zealand Guardian Trust Company Limited acts with the company as a co-trustee in respect of the securities.

Dated at Wellington this 18th day of November 1991.

The Common Seal of the Securities Commission was hereunto affixed in the presence of:

[L.S.]

P. D. McKENZIE, Chairman.

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Valuers Registration Board

Valuers Regulations 1949

Valuers Act 1948

Removal of Name from Register of Valuers

Pursuant to regulation 27 of the Valuers Regulations 1949, it is notified that the name of

Donald David Ferguson

has been removed from the Register of Valuers in terms of section 31 (1) (c) of the Valuers Act 1948.

Dated at Wellington this 14th day of November 1991.

B. W. CUMMING, Registrar.

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