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“FREE FUNDS” SCHEME

Extension Of Licences (N.Z. Press Association) WELLINGTON, Feb. 15, “No-remittance import licences issued for the 196263 licensing period under the ‘free funds’ scheme will remain valid for the 1963-64 period and funds already approved by the Reserve Bank will be available for licence issue during the 1963-64 period.” said the Minister of Customs (Mr Shelton) in a statement issued today. “At this stage eligible funds to the exiterat of about £1350,000 remain uncommitted and it appears unlikely that a large proportion of these funds will be used to obtain licences in time to effect importation prior to the end of the 1962-63 period," said Mr Shelton. Opportunity Given “In order to give importers an opportunity to utilise the full amount approved, J have decided that eligible funds may be used to obtain licences for the period July 1, 1963, to June 30, 1964."

Memorial Ave. Section Sold

Binns, Barber & Keenan, Ltd., s«Part having sold the driyedn section adjoining 169 Memorial avenue. The was advertised for Public Auction on behalf of the Trustees in the Estate of the late Bridget McSvedy. -Advt _

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19630216.2.203

Bibliographic details

Press, Volume CII, Issue 30058, 16 February 1963, Page 16

Word Count
184

“FREE FUNDS” SCHEME Press, Volume CII, Issue 30058, 16 February 1963, Page 16

“FREE FUNDS” SCHEME Press, Volume CII, Issue 30058, 16 February 1963, Page 16

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