GOVT. TO ASSIST
Conversion To New Currency
“The Press” Special Service
WELLINGTON, Feb. 3
“Punched card tabulators and printing mechanisms on computers—installed new on or after January 1, 1959 will be converted to decimal currency at Government expense,” the chairman of the Decimal Currency Board (Mr S. L. Moses) said today. “This is directly in line with the policy announced previously for accounting machines.”
The board would also arrange for an appropriate number of loan plug boards to be provided to owners at Government expense while their own plug boards were being adjusted. Tabulators installed new between January 1, 1956, and December 12, 1958, would be eligible for a cash grantbased on conversion costs and proportionate to the age of the machine—in the same manner as accounting machines.
No computers with special printing mechanisms were installed before January 1, 1959. “Machines installed after December 31, 1966, will not be eligible for any form of assistance,” he said. Similarly, compensation would not be paid for the cost of conversion of computer programmes, nor for existing punched card and magnetic tape files .
This announcement is the latest machine conversion decision in a series being investigated by the board. It hopes shortly to announce its policy concerning franking machines,- taxi meters, price-computing scales and other machines.
BRIGHTEN your mornings
widen your world . . . enjoy the wonderful convenience of “The Press” home delivery. Phone 69-799.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/CHP19660204.2.96
Bibliographic details
Ngā taipitopito pukapuka
Press, Volume CV, Issue 30976, 4 February 1966, Page 10
Word count
Tapeke kupu
230GOVT. TO ASSIST Press, Volume CV, Issue 30976, 4 February 1966, Page 10
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
Ngā mihi
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in