Page 21 Advertisements Column 3

Press, 2 June 1984, Page 21

I NATIONAL SECRETARY H New Zealand Thoroughbred Breeders H Association Incorporated kH On behalf of our client, we are seeking a suitably qualified person to fill HH the position of National Secretary. The N.Z.T.B.A. is a voluntary ■H association of members whose primary aim and object is to promote and H| ensure the welfare of the breeding of thoroughbred horses in New Zealand. The Association is governed by an Honorary Council comprised Mm of nationally elected and regionally appointed members. M THE POSITION M The National Secretary, who is located in Wellington, is the full time UM Executive Officer of the Council. He/she is responsible for enacting HH Council decisions and pursuing the aims and policies of the Association MH as directed by the Council, and for the maintenance of the Association's MM office and its functions. ME THE PERSON MH The person we are seeking will: ME • Have a sound knowledge of the thoroughbred breeding industry, both jjin within New Zealand and overseas, and preferably, in addition, have a jffil good knowledge of racing. • Be experienced in office procedure and the maintenance of financial Hh and other records. • Have the ability to produce clear and concise written matter and Mg possess good oral communication skills and Mfi • have an ability to conceive/produce material of a promotional nature MH for domestic and international consumption. The age is flexible, but we anticipate that the successful candidate will be in the 30’s plus age bracket. H THE REWARDS Hs Our client is prepared to negotiate an attractive salary commensurate with the successful applicant's background and experience. We invite applications by calling Wareham Associates (N .Z. I Limited on 68-437 or, if you prefer, write to P.O. Sox 2078, Christchurch. AR E HAITI

GOLD AND SILVER Now York: SUS per oz Gold $386.50, Silver $9.25 New Zealand: SNZ Gold (oz) $601.74 Silver (kg) $463.00 Offering physical and nonallocated metal, 24-hour options, futures and deferred trading. Write for our Investment book. AUCKLAND COIN & BULLION EXCHANGE LTD 162 Manchester Street, Christchurch. Ph 790-323

Renouf Partners Members of the New Zealand Stock Exchang< P.O. Box 3648 PARTNERS Wellington D S. St JOHN R.C. PEARSON Phone: B F A vERY 729-619 Wgtn b.O. BUXTON 779-369 Akld J.B. CARPENTER Telex: NZ 3475 M.D. PRIEST

MARAC TAX EXEMPT LIFE TOP TAXPAYERS EARN THE EQUIVALENT OF iSSSBk SSSS SSSSSSSSSSISSSk SSSBSSS / JSBSSSA SSSSS iiimm PA. INVEST FOR ONEYEAR ONLY If you’re paying income tax* in the higher bracket, d S3(),(XX)- S24,(XXIhere’s a gilt edged investment plan which offers a [Taxable income p.a. S3B,(XX)+ S3S,’(XX) S3O.IXX) yield equivalent to 19.1 % p.a. Because tax is paid | True Yield: by Marac and not the investor. I — ; — — ~~~ What at first glance looks like a modest investment [ Marac Life Bonds 6.5 /» p.a. 6.5 /« p.a. 6.5 /o p.a. return of 6.5% p.a. becomes very attractive when |~ ~ compared with the equivalent taxable yield. 4.76% 6.14% 7.W% WHAT THE INTEREST IS WORTH I 'v’rxT T ffl Taxed investment IO YOU |@ 11.0% p.a. 3.74% 4.83% 6.04% The more tax you pay, the greater the value or [ Marac Life Bonds. See how 6.5% p.a. becomes [Taxed investment increasingly valuable when compared with tax- [@ 10% p.a. 3.40% 4.39% 5.49% able investments: J - S 3o 000- 5 9 4 (XX)- If y° u w * s h to discuss these figures with your I Taxable income p.a. S3B,(XX)+ 538,’000 830,(XX) accountant sharebroker or solicitor, you’ll find he H — or she is fully briefed on Marac Tax-Exempt Lire [ Tax rate 66% 56.1% 45.1% Bonds. If not, please request they phone Marac’s | Life Bond Division Ph (09) 770-640. ffi Value of tax-exempt , 0 6.5% p.a. investment 19.1% 14.8% ii.s% $5OOO MINIMUM . | The minimum investment is SS(XX) and you arc free t rp-p GGWpD to invest up to S2dO,IXX) in any one year. LIrrUUVrK. Marac Life Bonds represent a secure investment. If you die withm the 12 months tenure of the Life wkh an cxccllent £ x frcc yic | d and bui | t . in Bond your capital plus the full year s earnings is msurance protectlO n. immediately repaid. , For further details simply fill in the coupon, and we No medical examination or doctors letter is W U] send you free literature and application form, required, and there is no age limit. pq o one contact you unless vou request it. YOUR YIELD IN TRUE TERMS Note that tax free returns under your existing i However attractive the quoted interest rate of other life policies remain unaffected, but Marac Life forms of investment, taxation may drastically Bonds do not include tax exemption benefits reduce the true dollar yield. Marac Lite Bonds are on premium payments. THTIC|tIC. *AII references to taxation arc subject to current tax legislation. ———————————-L—.—l— — — — — — — — — — — — — To Marac Life Assurance Limited, Freepost 440, 107 Albert Street, Auckland. Ph: (09) 770-640 | MARAC LIFE BONDS| i J NAME QI would like to be contacted about the Marac I Life Bond. My phone number is (Dav/ ■ ADDRESS Evening) | I | OCCITPATION MARAC LIFE ASSURANCE LIMITED . i I I Please send me details of Marac PnVMC Bap ’ Wdkslcy Srrcvt ' | I Tax-Exempt Life Bonds. | CHPa/B ■