2016

NEW ZEALAND GAZETTE

No. 83

A. WOODSIDE, Group Manager, Safer People and Operators.
(File: RUO4/5)

Transport (Vehicle Standards) Regulations 1990

Exemption From Specified Requirements of the Transport (Vehicle Standards) Regulations 1990

Pursuant to regulation 36 of the Transport (Vehicle Standards) Regulations 1990, I, Victor Ian Everiss, Vehicle Compliance Officer, hereby exempt the motor vehicle specified in Schedule 1 of this notice from the requirements of the Transport (Vehicle Standards) Regulations 1990 listed in Schedule 2, subject to the conditions specified in Schedule 3 of this notice.

Schedule 1

Vehicle Details

Make: Toyota

Model: Corolla

Year: 1990

Chassis No: AE92 - 9832509

Schedule 2

Exempted requirements

Regulation 27: Windscreen wipe and wash

Regulation 34 (1), (3): Interior fittings

Schedule 3

Conditions

(i) A copy of this notice must be carried in the vehicle at all times and be readily available for inspection.

(ii) This exemption may be revoked at any time.

(iii) The items in Schedule 2 must be in good condition and must not be modified in any way.

Signed at Auckland this 30th day of July 1997.

V. I. EVERISS, Vehicle Compliance Officer (acting under authority delegated to me by way of instrument of delegation dated 23 December 1996).

Maritime Safety Authority

Maritime Transport Act 1994

Notice of Appointment of Protection Officers

Whereas, pursuant to section 441 of the Maritime Transport Act 1994, the Minister of Transport did delegate her power under section 16 (1) of the Submarine Cables and Pipelines Protection Act 1996 to the Maritime Safety Authority by an instrument of delegation dated 19 March 1997.

And whereas, pursuant to section 442 of the Maritime Transport Act 1994, the Maritime Safety Authority did delegate those powers under section 16 (1) of the Submarine Cables and Pipelines Protection Act 1996 to me by an instrument of delegation dated 26 March 1997.

Therefore I, Russell Paul Kilvington, hereby appoint the following persons to be protection officers:

Douglas Gregory Stanford Tayler

Donald Alexander Reid

Antony John Brice

acting for or on behalf of the Transpower New Zealand Limited.

Dated at Wellington this 29th day of July 1997.

RUSSELL KILVINGTON, Director of Maritime Safety.

Reserve Bank

Reserve Bank of New Zealand Act 1989

Policy Targets Agreement

This agreement is signed under section 9 (4) of the Reserve Bank of New Zealand Act 1989 (the Act), by the Minister of Finance (the Minister) and the Governor of the Reserve Bank of New Zealand (the Governor). It replaces that signed on 16 December 1992.

In terms of section 9 of the Act, the Minister and the Governor agree as follows:

1. Price Stability Target

Consistent with section 8 of the Act and with the provisions of this agreement, the Reserve Bank shall formulate and implement monetary policy with the intention of maintaining a stable general level of prices, so that monetary policy can make its maximum contribution to sustainable economic growth, employment and development opportunities within the New Zealand economy.

2. Measurement of Price Stability

(a) In pursuing the objective of a stable general level of prices, the Bank will monitor prices as measured by a range of price indices. The formal price stability target will be defined in terms of the All Groups Consumers Price Index (C.P.I.), being the measure that is monitored most closely by the public.

(b) For the purposes of this agreement, 12-monthly increases in the C.P.I. of between 0 and 3 percent will be considered consistent with price stability.

3. Deviations From the Targets

(a) There is a range of possible price shocks arising from external sources, certain Government policy changes, or a natural crisis which are quite outside the direct influence of monetary policy. The Bank shall generally react to such shifts in relative prices in a manner which prevents general inflationary pressures emerging.

(b) This approach means that the C.P.I. inflation rate can be expected to move outside the 0 to 3 percent range in response to particular shocks. The principal shocks are considered to be:

• significant changes in the terms of trade arising from an increase or decrease in either import or export prices;

• an increase or decrease in the rate of G.S.T., or a significant change in other indirect tax rates;

• a crisis such as a natural disaster or a major disease-induced fall in livestock numbers which is expected to have a significant impact on the price level;

• a significant price level impact arising from changes to Government or local authority levies; and

• a movement in interest rates that causes a significant divergence between the change in the C.P.I. and the