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EXPORT-OF GOLD

SPECIAL PERMIT NECESSARY.

(Per United Press Association.)

Wellington, December 6. From to-day no gold is to be taken from New Zealand except under specific permit from the Minister of FinMr Coates said to-day that section 6 of the Banking Amendment Act. 1914, prohibited the export of gold without the prior consent in writing of the Minister of Finance. For a considerable time passengers and others had been permitted to individually export gold coin up to £5 without a permit. In view of the fact that all gold com is now to be taken over by the Reserve Bank, it has been decided to withdraw this permission and from to-aay the export of gold coin from New Zealand is prohibited, except in any case where a specific permit from the Minister of Finance has been issued. The Customs Department has been directed to see that no gold coin is taken out by passengers and others in contravention of this arrangement and any attempt to the contrary will, if discovered, mean forfeiture of the coin to his Majesty the King.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19331207.2.77

Bibliographic details

Southland Times, Issue 22192, 7 December 1933, Page 8

Word Count
180

EXPORT-OF GOLD Southland Times, Issue 22192, 7 December 1933, Page 8

EXPORT-OF GOLD Southland Times, Issue 22192, 7 December 1933, Page 8

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