Page 11 Advertisements Column 3

Press, Volume C, Issue 29504, 4 May 1961, Page 11

THIS fcl Mtered COULD Kt| An extension of the'no- '7/ K I B 1 remittance import licensing / Ijs I B L’- fl scheme which has been in > • ' •-» ® I BIIZ —■ ;lAsi operation since 1950 was an- S / vf ■7l B®B B®B ■f v z nounced last night bv the f f ifc I ■ I l ' K'rfSfii Minister of Customs, (the I' ~ . O I Kmf mn> ■ I Hon J - R- Marshall). ) ® I Elk 0/ B I I In future, privately- 4 ' I B Ji B ■ Hf'r ? * owned overseas shares held 2 • W I BBi B’l ' V j by New Zealand residents I X .K' I BN' "S on Or before December 31. J / ' SI I ■ 1958, will qualify for use in V /iff „ _ . Hr * ■ft I the scheme. / k /,• I 8888 B B HBB BM z f , The Previous qualifying 7 / fl I B B B B Bfl' i •’■SS dat * w,s November 18, I'z 1 B HBBB HIM 15/ 1953 - >< / I ■ Ilf ‘Mostly Cars’ 111 MM ■l' /k Mr arf ha)l said most y-K 'lt I B S , fig) imports under the no-remit- f — -S! f Bt. • tance scheme were cars. i 9 J f *S.. r zWl "This relaxation will tend { W'f Bn 'JI 10 ease further the demand \ „if:: I ng jflp MBB Mk JF Bfa 1 j for cars available through / f B B A '/■¥ 1 normal imports,” he said. ) Z-W' f ■ B ? '* Mr Marshall explained 1' jf / / BBT 888 yßr B <i •* * that overseas funds, such as KC .?: / Bxk B w i legacies and salaries de- B/f ■ Bt. 1 rived outside New Zealand, V. F'f ■ Hbß ■ would continue to be avail- I, ,1 / . B> 3 able for no-remittance licen- , , if -I B, s. s, ces without restriction as to I ■-3 the datB lhey Were ac( l u ' r ed. ''ift f r^le Government recog- ■W. / aJ nised the need to continue .9. I * ■ ■ ■ Bt? Mi the no-remittance scheme, j”? J BBS B -Vy but acknowledged that the Cjs’/ B ■ ’JB existing qualifying date had zb / B ■fa Vfl become unrealistic. W/ O HOLDEN F ° R YOU J ? I V I WATCH FOR IT ... HOLDEN DON’T SPEND YOUR OVERSEAS FUNDS (New Qualifying Date, December 31, 1958.) BEFORE YOU SEE HOLDEN THE CAR WITH THE HIGHEST RESALE VALUE TEST-DRIVE One TODAY Telephone 62-999 Cnr. DURHAM & KILMORE STREETS, CHRISTCHURCH. (Deemed Meter Vehicle Dealen.)