Customs Exchange Rates Notice




12 MARCH CUSTOMS EDITION 785

CUSTOMS EXCHANGE RATES NOTICE (NO. 6) 1996

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. 6) 1996.

(2) This notice shall come into force on the 18th day of March 1996.

  1. 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.

  2. Revocation – The Customs Exchange Rates Notice (No. 5) 1996, published in the New Zealand Gazette, Customs Edition No.18, dated 27th February 1996, on page 622, is hereby revoked.

SCHEDULE

Country Rate of Exchange Currency Unit
AU Australia ... 0.88
AT Austria ... 6.89
BE Belgium ... 20.01
CA Canada ... 0.92
CL Chile ... 277.13
CN China ... 5.51
DK Denmark ... 3.80
EG Egypt ... 2.29
FJ Fiji ... 0.95
FI Finland ... 3.05
FR France ... 3.37
PF French Polynesia ... 61.13
DE Germany Fed. Rep. of ... 0.98
GR Greece ... 159.84
HK Hong Kong ... 5.15
IN India ... 22.72
ID Indonesia ... 1505.17
IE Ireland ... 0.42
IL Israel ... 2.09
IT Italy ... 1031.14
JM Jamaica ... 25.32
JP Japan ... 69.97
KR Korea ... 526.04
MY Malaysia ... 1.69
MX Mexico ... 5.12
NL Netherlands ... 1.10
NO Norway ... 4.27
PK Pakistan ... 22.91
PG Papua New Guinea ... 0.91
PH Philippines ... 17.14
PT Portugal ... 101.88
SG Singapore ... 0.94
ZA South Africa ... 2.58
ES Spain ... 82.97
LK Sri Lanka ... 36.21
SE Sweden ... 4.56
CH Switzerland ... 0.80
TW Taiwan ... 18.55
TH Thailand ... 16.62
TO Tonga ... 0.83
TR Turkey ... 45137.20
GB United Kingdom ... 0.44
US U.S.A. ... 0.67
WS Western Samoa ... 1.64
EU European Currency Unit ... 0.53

Dated at Wellington this 6th day of March 1996.

G W Ludlow, Comptroller of Customs



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✨ LLM interpretation of page content

🏭 Tariff Concession Approvals, Withdrawals, and Declines (continued from previous page)

🏭 Trade, Customs & Industry
7 March 1996
Tariff concessions, Customs, Trade regulations, Approvals, Withdrawals, Declines, Duty exemptions

🏭 Customs Exchange Rates Notice (No. 6) 1996

🏭 Trade, Customs & Industry
6 March 1996
Exchange rates, Customs, Trade, Currency conversion, Duty assessment
  • G W Ludlow, Comptroller of Customs