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 Government Notice No. 105 of 1969:...
 Bill entitled "An Act to provide...














Title: Trinidad and Tobago gazette.
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Permanent Link: http://ufdc.ufl.edu/UF00076859/00069
 Material Information
Title: Trinidad and Tobago gazette.
Physical Description: Serial
Creator: Trinidad and Tobago.
Publisher: By Authority.
Publication Date: July 17, 1969
 Record Information
Bibliographic ID: UF00076859
Volume ID: VID00069
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: ahx9942 - LTUF
29935037 - OCLC
001668128 - AlephBibNum

Table of Contents
    Main
        Page 623
        Page 624
        Page 625
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        Page 643
        Page 644
        Page 645
        Page 646
    Government Notice No. 105 of 1969: Agricultural Development Bank Rules, 1969
        A-231
        A-232
        A-233
        A-234
        A-235
        A-236
        A-237
        A-238
        A-239
        A-240
        A-241
        A-242
        A-243
        A-244
        A-245
        A-246
        A-247
        A-248
    Bill entitled "An Act to provide for the Incorporation of a Body to be known as 'the Incorporated Board of Trustees of St. Anthony's College' "
        B-1
        B-2
Full Text





















TRINIDAD AND TOBAGO GAZETTE


Vol. 8 Portof-Spain, Trinidad, Thursday, 17th July, 1969-Price 18c. No. 70


No. GAZETTE NOTICE PAGE No. GAZETTE NOTICE PAGE

1794 Notice re Supplements ... ... ... 623 1809 For month ended 30th April, 1969 ... 640
1795 Appointments, Acting Appointments, &c. ... 624 1810 For period ended 30th April, 1969 ... 641
1796 Cancellation Notice ... ... ... 630
1811 For month ended 31st May, 1969 ... 642
1197 Probate and Letters of Administration-
Applications ... ... ... ... 630 1812 For period ended 31st May, 1969 ... 643
1798 Assessment of Royalty on Crude Oil ... 631 Tenders-
1799 Royalty on Casing Head Petroleum Spirit ... 631 1813 Construction of Superstructure, New Central
1800 Public Auction-Ten (10) Lots at Federation Market, Scarborough, Tobago ... ... 644
Park ... ... ... ... 631
1814 Completion of Works on Entertainment
1801 Government Contracts Awarded ... ... 632 Centre, Spring Garden, Tobago ... 644
1802 Sawmill Licences-Issued ... ... 633
1815 Supply of Gravel to Ministry of Works ... 644
1803 Report of the Auditor General on the Accounts
of the Central Bank for the year ended 1816 Justice of the Peace, Eastern Counties-
31st December, 1969 ... ... ... 634 Appointment of ... ... ... 645
Central Bank of Trinidad and Tobago- 1817 Commissioner of Affidavits, St. George West-
1804 Weekly Statement of Accounts as of July 9, Appointment of ... ... .. 645
1969 ... ... ... ... 635
s of Cstoms a Eise R is- 1753 Private Bill-Incorporation of the Board of
Statements of Customs and Excise Receipts-,
Trustees of St. Anthony's College ... 645
1805 For month ended 28th February, 1969 ... 636
1806 For period ended 28th February, 1969 ... 637 1818 Draw of National Lottery ... ... 645
Interim Statements of Customs and Excise 1819-25 Liquor Licences-Transfers ... ... 645
Receipts-
1807 For month ended 31st March, 1969 ... 638 1826 Special Licensing session ... ... 646
1808 For period ended 31st March, 1969 ... 639 1827-28 Licensing Sessions ... ... ... 646



THE FOLLOWING HAVE BEEN ISSUED:-

BILL entitled "An Act to provide for the Incorporation of a Body to be known as 'the Incorporated Board of
Trustees of St. Anthony's College' ".-(16 cents).

HANSARD-Trinidad and Tobago Debates of the House of Representatives Official Report-Wednesday, 11th December,
1968-(5 cents).
HANSARD-Trinidad and Tobago Debates of the House of Representatives Official Report-Friday, 17th January,
1969-(5 cents).
HANSARD-Trinidad and Tobago Debates of the House of Representatives Official Report-Friday, 24th January,
1969-(5 cents).
HANsARD-Trinidad and Tobago Debates of the House of Representatives Official Report-Friday, 14th February,
1969-(5 cents).
HANsARD-Trinidad and Tobago Debates of the House of Representatives Official Report-Friday, 7th March,
1969-(5 cents).


SUPPLEMENTS TO THIS ISSUE


THE DOCUMENTS detailed hereunder have been issued and are published as Supplements to this issue of the Trinidad and
Tobago Gazetee :-
Agricultural Development Bank Rules, 1969-(Government Notice No. 105 of 1969).
Bill entitled "An Act to provide for the Incorporation of a Bo dy to be known as 'the Incorporated Board of
Trustees of St. Anthony's College' ".

76 3a3 7d2 3



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624


TRINIDAD AND TOBAGO GAZETTE [July 17, 1969]


APPOINTMENTS, ACTING APPOINTMENTS, ETC.


THE following changes, &c., are notified for general information.


By Command


RODNEY ST. ROSE
Director of Personnel Administration


16th July, 1969.


Appointments


Name


Patrick, Mrs. V. ...


Persad, C.

Moonasar, B. ...
Narine, B.
Persad, A.
Radix, N.
Ragbirsingh, H.
Rambally, K.
Ramsay, H ...
Sharma, B.
Bhudri, E...
Bissessar, R. ...
Smith, S. N ...
Taitt, O. C....
Teelucksingh, M. ...
Williams, S ...
Cupid, V.
Khan, A.
Ali, S. ...
Alleyne, P.
Basdeo, D.
Bhagaloo, A. ... ...
Coward, W ...
Dove, C. ...
Downes, I.
Holloway, A. ...
Jack, R. ...
Jaggan, K.
Joseph, A.
Knight, L.
Licorish, C.
Mohammed, Shakir
Mohammed, Stephen ...
Raman Nair, D. ...
Ramberran, M. ...
Ramlackhan, C. E. ...
Ramjugsingh, E. ...
Rampersad, A. ...
Ramsingh, K. .
Ross, E. V. ...
Sankar, M. V. .
Sawh, S.
Seucharan, D. ...
Sinanan, D.
Garraway, G.
Richardson, R.
Joseph, A.
Lacoa, G.
Lawrence, T....
Maraj, P.
Richards, H. ...
Williams, I ... .
Alexander, J. ...
Ali-Pooran, A. ...
Bajan, B.
Barnett, C ..
Barrindath, S.
Harripersad, M.
Ishmael, D ...
Jagnarine, S.
Louison, J ...
McLeod, J.
Mohammed, M. ..
Mohammed, 0. M.
Nagee, M. A. ...
Persad, S.
Satnarayan, U. ...
Williams, G. V. ...
Beharry, I. L. ...
Birju, S. ...
Brown, L. E. ...
Bon, L. ... ...
Budhoo, J....
Cayenne, S ...
Clement-Delancy, J.


Appointment


... Domestic Supervisor I


... Revenue Officer II ...

... Assistant Teacher II ...


Department


Ministry of Planning and
Development (Community
Development Division)
Ministry of Finance (Inland
Revenue Division)
Ministry of Education and Culture
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____


Date of Appointment


3rd November, 1966


23rd January, 1969

Ist January, 1968
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625


1795-Continued


APPOINTMENTS, ACTING APPOINTMENTS, ETC.-CONTINUED


Appointments-Continued


Name Appointment Department Date of Appointment


Dove, M. B ...
Gordon, M ...
Gunness, S. M.
Corridon, J. A.
Halls, A. 0 ...
Harripaul, E.
Isaac, Y. S ...
James, T. M ...
Juman, M.
Karamsingh, S.
Khadan, L ...
Lewis, S.
Manohar, J. L.
Mitchell, B. M.
Mykoo, C.
Narine, E. L. H.
Nicholas, Z ...
Noel, V. R..
Rajkumarsingh, S.
Ramdhanie, S.
Plowden, L. B.
Rampersad, L.
Ramrattansingh, D.
Sadho, K ...
Sants, M. D.
Williams, A. ...
Francis, J.
Thomas, C ..
James, G.
Assam, J.
Beharry, J. T.
Byer, E. E .
Chabilal, V..
Chandool, T. K.
Chrysostom, V. F.
Gopie, M.
Ram kissoon, R.
Sabeasar, A. F.
Ramkissoon, R.
Sahadeo, G..
Seales, C.
Seechan, S. C.
Simmons, E. A.
Sing, R. ..
Sobransingh, J. P.
Sorri4lo, L. E.
Harrtdatsingh, S.
Joseph, 0.
Kissoon, G ...
Lalcl an,M. ...
Mah bir, R. R.
Maha birsingh, S. S.
Mitclell, M. ...
Mohammed, N.
Nathaniel, H.
Niles, L. G. F.
Raglir, D....
Ram using, R.
Ram )on, 0 ...
Ram ersad, S.
Rami amooj, B.
Sais han, M.
Sealey, T. ...
Serrette, P ..
Toney, M.
MitcZell, L. ...
Mohammed, N.
Williams, R ...
Bowrin, N.
Brown, J.
Deonarine, H.
Downing, J ..
Gopaul, N.
Gopaul, K.
Jadoonanan, I.
Joseph-Roberts, H.
Lalchan-Ali, E.
Mayors, I.
McCarthy, V.
Mulchan, L ..
Panchowrie, S.
Peters, P.
Phagoo, S.
Phillip, M.
Ragbir, L.
Ramdan, R ...
Ramdass, D.
Ramdial, J .
Ramnarine, B.


Assistant Teacher II ...
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1st January, 1967
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[July 17, 19691 TRINIDAD AND TOBAGO GAZETTE











326 TRINIDAD AND TOBAGO GAZETTE [July 17, 1969]


1795-Continued


APPOINTMENTS, ACTING APPOINTMENTS, ETC.-CONTINUED


Appointments-Continued

Name Appointment Department Date of Appointment


Abraham, M.
Ahyoung, A.
Burroughs, I.
Bynoe, M.
Charles, S...
Dalipsingh, A.
David, E.
Gellineau, J ...
Goring, E.
Harracksingh, S.
Latchman, E.
Lochan, J.
Mack, A. I.
Ramoutar, McD.
Ramsaran, T.
Singh, S. .
Slater, D.
Watts, N.
Williams, E ...
Ali, J.
Cambridge, 0.
Daniel, L.
Darneaud, F.
de Gourville, W.
Dharamraj, T. S.
Gill, C.
Hudlin-Walker, S.
Joachim, F ...
Joseph, S.
Kalloo, S.
Khan, D.
Kissoon, S.
Bailey, C. H.
Baptiste, B ...
Bridgemohan, A. J.
Dookhie, B ...
Dukharan, S.
Francois, B. H.
Gangadhar, L.
Gomez, M.
Gosine, R.
Gunness, B ...
Hardial, R ...
Ajun, T. A ...
Auld, A. A.
Barrow, W. E.
Basdeo, A. R.
Douglas, V.
Francois, C. E.
Jarvis, S.
Khan, M.
Mahabir, P.
Mclntyre, C. A.
Pooransingh, W.
Ramjit, D. R.
Roberts, W. ...


Assistant Teacher II
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Ministry of Education and Culture
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1st January, 1968
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Temporary Appointments

Name Appointment Department Date of Temporary
SI I Appointment

McCarthy, F. ... ... Laboratory Assistant I ... Ministry of Education and 23rd June, 1969
Culture (North-Eastern
College)
Tiwary, Miss D. ... ... Legal Assistant ... ... Ministry of Finance ... ... 29th April, 1969

Andrews, Miss J. ... ... Library Assistant II ... ... Appeal Board ... ... 14th July, 1969




Acting Appointments

Name Rank of Officer Acting Appointment Department Date of Acting
SI I I Appointment

Alleyne, Mrs. E. ... Broadcasting Officer ... Public Relations Officer ... Prime Minister's 16th June, 1969
Office
Moore, M. ... ...Clerk IV ... ... Controller of Central Ministry of Finance Ist July, 1969
Records Office (Pensions and
National Insurance
Division)
Daniel, P. ... ... Messenger I ... ...Clerk I ... ... Ministry of Local 28th February, 1969
Government and
___Social Welfare









[July 17, 1969]


1795-Continued


TRINIDAD AND TOBAGO GAZETTE


APPOINTMENTS, ACTING APPOINTMENTS, ETC.-CONTINUED


Acting Appointments-Continued

Name Rank of Officer Acting Appointment Department Date of Acting
Appointment

Hinds, H. ... ... Petroleum Engineer I ... Petroleum Engineer II ... Ministry of Petroleum 19th May, 1969
and Mines
Narine, J. ... ... Accounting Assistant ... Accountant III ... .. Ministry of Public 1st July, 1969
Utilities (Post
Office Division)
Murray, E. ... ... Shop Supervisor ... Equipment Superintendent Ministry of Works 2nd June, 1969
(Construction
Services Division)
Narinesingh, T. ... Civil Engineer I ... Civil Engineer III ... Ministry of Works do.
(Highways Division)
Duggins, Miss N. ... Clerk Stenographer II ... Clerk Stenographer III ... Ministry of Home 2nd January, 1969
Affairs (Police
Division)
Valero-Grimes, Mrs. 0. ... Ward Sister ... .. Junior Matron ... ... Ministry of Health 3rd July, 1969
(General Hospital,
Port-of-Spain)
Bruce, A. ... ... Statistical Officer III ... Statistician I ... ... Central Statistical 7th June, 1969
Office
Khan, S. K. ... ... Accountant II ... Administrative Officer II... Ministry of Home 21st June, 1969
Affairs (General
Administration)
Lewis, W. ... .. Accountant I ... .. Budget Analyst I ... Ministry of Finance 7th July, 1969
(Estimates and
Cost Accounting
Division)
Dindia.1, C. ... ... Agricultural Officer II ... Agricultural Officer III ... Ministry of Agricul- 2Sth October, 1968
ture, Lands and
Fisheries
Shah, F. ... ... Clerk IV ... ... Administrative Assistant... Ministry of Works ... 2nd June, 1969
Green, C. ... ... Press Officer II ... ... Public Relations Officer ... Prime Minister's 4th July, 1969
Office


Termination of Acting Appointments

Name Rank of Officer Acting Appointment Department Date of Termination of
_______ IActing Appointment

Moore, M. ... ... Clerk IV ... ... Administrative Assistant... Ministry of Finance 30th June, 1969
(Pensions and
National Insurance
Division)
Daniel, P. ... ... Messenger I ... ... Clerk I ... ... Ministry of Local 6th May, 1969
Government and
Social Welfare
Low, H. ... ... Clerk IV ... ...Administrative Assistant... Ministry of Works ... 2nd June, 1969



Confirmation of Appointments

Name Appointment Department Date of Appointment Date of Termination of
Probationary Period

*John, Mrs. H. ... Accountant I ... ... Personnel .. ... 1st January, 1968 ... 24th June, 1969
Lewis, Miss T. ... ... Cook I ... ... Ministry of Health ... 24th July, 1965 ... 23rd July, 1967
Sosa, P. ... ... Accountant I ... ... Ministry of Home Affairs 1st January, 1968 ... 23rd February, 1969
(Fire Service Division)
Ramcharan, G. ...Postal Officer III ... Ministry of Public Utilities 1st July, 1966 ... 14th January, 1969
(Post Office Division)


*To NOTE-The above Notice is amended to read John, Mrs. H. and not John, Mrs. M. as was published in the Trinidad and
Tobago Gazette No. 66, Vol. 8, Item No. 1612, dated 3rd July, 1969,


Promotions

Name Bank of Officer Post to which Promoted Department Date of Promotion


Carrington, Miss A. ... Revenue Officer II ... Legal Assistant ... ... Ministry of Finance ... 14th December, 1988
Fung, Dr. K. ... ... Registrar ... ... Specialist Medical Officer Ministry of Health ... 1st May, 1969
(Surgery)
*Hospedales, C. ... Vice-Principal II ... Principal I .. ... Ministry of Education 5th January, 1967
and Culture
Bascombe, W. J. ... Assistant Teacher I ... Assistant Teacher II ... do. ... 12th September, 1966
Christian, W. .. ... do. ... do. ... do. ... do.
Dubois, M. ... do. ... do. .. do. ... do.
Forte, N. A .. ... do. .. do. ... do. ... do.
Hinds, J. .. ... do. ... do. ... do. ... do.
Jack, H. ... ... do... do. ... do. ... do.


*To NoTE-The Rank of Officer Hospedales, C, is amended to read Vice.Principal II and not Graduate Master as appeared
in the Trinidad and Tobago Gaget.e No, 66, Vol. 8, Item No. 1612, dated 3rd July, 1969,










TRINIDAD AND TOBAGO GAZETTE


[July 17, 1969]


1795-Contiued


APPOINTMENTS, ACTING APPOINTMENTS, ETC.--CONTINUD


Promotions-Continued

Name Rank of Officer Post to which Promoted Department Date of Promotion


Lakheeram, G. K.

Lynch, C....
Maharaj, B.
Mathura, R.
Ninah, K. R...
Sookdeo, H.
Vincent, A. L. ...
Johnson, G. S. .
Mahadeo, A...
Mootoo, D. L ...
Magee, A. ...
Raulins, M.
Seale, B. S.
Waldrond, P....
Ajun, T. A.

Auld, A. A.
Barrow, W. E ...
Basdeo, A. R ...
Douglas, V.
Forde, M. P....
John, M. H.
Lewis, A. P.
Manmohan, R. A.
Matthews, C .
Monsegue, P. N.
Narinesingh (nee Maharaj),
I. M.
Nieves, ...
Sankar, S. F ...
Senhouse, R ...
Small, Y. N. ...
Sookdo, I. ...
Ramoutar, H ...
Gokool, D.
Rajnath, N.
Baptiste, R. A. ...
Bobb, B. ...
Brewster, C. M. .
Christopher, J ...
Lakhan, S. S....
Mathura, B. D. ...
Nickie, N. P ...
Palloo, R. ...
Ramkissoon, D. P. ...
Ramroop, B.
Richardson, U. .
Seemungal, B. F. ...
Seeramsingh, R. ...
Thomas, M.
Williams, L.
Maharaj, R.
Abraham, A. M. ...
Alleyne, Y.
Baptiste, J. J. ...
Beepat, R.
Elias, E....
Ferdinand, M. M.
Forbes-Yeates, M. C.
Syriac, D. A ...
Wiltshire, A ..
Browne, L. C ...
Belle, A. ...
Bharat, R.
Boodoo, Z.
Cornwall, B.
Dhanukdharrisingh, E ...
Douglas, M. J. ... .
Duemonte-Inniss, C. R. ...
Ecoles, A. ... ...
Gunnesslal, G. S. .


Assistant Teacher I

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Teacher I
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do.
do.
do.
Assistant Teacher I
do.
do.
do.
do.
do.
do.

do.
do.
do.
do.
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do.
do.


... Assistant Teacher II


Ministry of Education
and Culture
do. ...
do. ..
do. ...
do. ...
do. .
do. ...
do. ...
do. ...
do. ...
do. ...
do ...
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12th September, 1966

do.
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do.

do.
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do.
do.


Transfers

Name Rank of Officer From To Date


Simon, A. L. ... ... Accountant II ... ... Ministry of Health ... Ministry of Finance 1st July, 1969
(Financial and
Accounting
Administration
Division)

Sohun, It. ... ... do. ... ... Ministry of Finance ... Ministry of Health ... do.











[July 17, f1691


TRINIDAD AND TOBAGO GAZETTE


1975--Continued


APPOINTMENTS, ACTING APPOINTMENTS, ETC.--CONTINUsD


Left the Service

Name Office Department Date Reason


Charter, N.

McPherson, G ...


Collymore-Eddy, Mrs. E.


Abbott, Miss S. .

Gibson, Miss J. ...

Samuel, E. ...

Scott, J. ...

Stewart, 0.

Cadogan, Miss C. .


McIntosh-Procope,
Dr. C. A.
John, A. ...

Ramoutar-Ramdeen,
Mrs. D.

Nurse, Miss L ...


Saney, Dr. C ...


Lakhan, H.

*Chandler, E ...

Bonaparte, C ...

Oudit, Miss A. .


Wells, T. ... ...

Leader, Miss R. ...

Seechan, C.

Romeo, R. ...

Benjamin, Miss D.


tPunch, R.

Bazie, T. A.

Augustine, E ...

Ventour, J.

Charles, J....

St. Rose, J.


Walcott, L.

Mitchell, C.

Alleyne, Dr. E. ...

Dinoo, A. N.

Lee-Baptiste, Mrs. B.

Ramlogan, B. ...

Jacob, B....
Antoine, R.
McClarence, C ...
Guerra, Mrs. C. .


Police Constable No. 4975

Navigational Aids
Maintenance Officer II

Physiotherapist ...


Clerk Stenographer II ...

Clerk Typist I ... .

Clerk I ...

Police Constable No. 5427

Fireman No. 299

Temporary Customs and
Excise Officer I

Medical Officer (Curative)

Nurse ...

do .....


do .....


IHouse Officer


Pharmacist I ..

Postman II ...

Draughtsman I ...

Library Assistant I


Clerk II..

Nurse's Aide ...

Statistical Officer I

Police Corporal No. 3702

Clerk Typist I ...


Architect I ...

Legal Assistant ... .

Fireman No. 471

Police Constable No. 5920

Messenger I ...

Custodian ... ...


Postman II

Police Constable No. 5114

Temporary House Officer

Pharmacist ...

Wardsmaid ...

Teacher II ... ..

Assistant Teacher II
Teacher I
do.
do.


Ministry of Home Affair
(Police Division)
Ministry of Public Utilit
(Harbour Master
Division)
Ministry of Health
(General Hospital,
Port-of-Spain)
Ministry of Home Affairs
(Police Division)
Service Commissions

Ministry of Local Gove:
ment and Social Welfi
Ministry of Home Affairn
(Police Division)
Ministry of Home Affair
(Fire Service Division)
Ministry of Finance
(Customs and Excise
Division)
Ministry of Health

Ministry of Health
(St. Ann's Hospital)
Ministry of Health
(General Hospital,
San Fernando)
Ministry of Health
(General Hospital,
Port-of-Spain)
Ministry of Health
(General Hospital,
San Fernando)
do.

Ministry of Public Utilit
(Post Office Division)
Ministry of Works

Ministry of Education a
Culture (Central Libri
Services)
Ministry of Local Gove]
ment and Social Welfi
Ministry of Health
(House of Refuge)
Central Statistical Office

Ministry of Home Affairs
(Police Division)
Ministry of Education a
Culture (John S. Dona
son Technical Institu
Ministry of Works
(Construction Division
Ministry for Legal Affain

Ministry of Home Affairs
(Fire Service Division)
Ministry of Home Affairs
(Police Division)
Ministry of Works

Ministry of Education a
Culture (Mausica
Teachers' College)
Ministry of Public Utilit
(Post Office Division)
Ministry of Home AffairE
(Police Division)
Ministry of Health

Ministry of Health
(St. Ann's Hospital)
Ministry of Health
(Couva Hospital)
Ministry of Education a
Culture
do.
do.
do.
do.


s 7th July, 1969

ies 6th July, 1969


9th February, 1968


31st May, 1969

... 4th July, 1969

m- 5th July, 1969
ire
S 6th July, 1969

5th July, 1969

1st July, 1969


... 19th June, 1969

...29th March, 1969

2nd May, 1969


... 5th July, 1968


20th May, 1969


... 3rd March, 1969


13th November, 1963

24th March, 1968 ...

12th May, 1969 ...


26th April, 1969 ...

27th November, 1967

24th January, 1969 ...

9th July, 1969 ...

8th July, 1969


15th February, 1969

16th July, 1969 ...

24th June, 1969 ...

10th July, 1969 ...

30th June, 1969 ...

29th April, 1969


21st November, 1968

llth July, 1969

1st April, 1969 ...

29th May, 1969 ...

23rd October, 1968 ...

1st May, 1969

24th October, 1966 ...
29th July, 1967 ...
6th July, 1968 ...
12th July, 1969


Retired

do.


Resigned


do.

do.

Retired

do.

do.

Resigned


do.

do.

do.


do.


do.


do.

Retired

Resigned

do.


Retired

Resigned

do.

Retired

Resigned


do.

do.

Retired

do.

do.

do.


do.

do.

Resigned

Retired

do.

Resigned

do.
do.
do.
Retired


*To NoTE-The date of Retirement of Chandler E, is amended to read 13th November, 1963 and not 13th November, 1968
as was published in the Trinidad and Tobago Gazette No. 110, Vol.7, Item No. 3303, dated 21st November, 1968.

tTo NOTE-The date of Resignation in the above notice is amended to read 15th February, 1969 and not 1st February, 1969
as appeared in the Trinidad and Tobago Gazette No. 30, Vol. 8, Item No. 582, dated 6th March, 1969.










630 TRINIDAD AND TOBAGO GAZETTE [July 17, 1969]


1795--Continued

APPOINTMENTS, ACTING APPOINTMENTS, ETC.-CONTINUED

Obituary

Name Office Department Date of Death


Maurice, Miss B. ... ... Auditing Assistant ... ... Ministry of Education and Culture 18th June, 1969


1796
CANCELLATION NOTICE

Left the Service

Name Office Department Date Reason


Dinoo, A. N. ... ... Pharmacist ... ... Ministry of Health 29th May, 1969 ... Resigned
(St. Ann's Hospital)

To NOTE-The above Notice which appeared in the Trinidad and Tobago Gazette No. 55, Vol. 8, Item No. 1329, dated 5th
June, 1969, is hereby cancelled.


1797
PROBATE AND LETTERS OF ADMINISTRATION

PUBLIC NOTICE is hereby given that applications have been made for the following grants of Probate and/or Letters of
Administration:-
LETTERS Or ADMINISTRATION of the estate of SEUCHARAN otherwise SIEW RAMDHARRY otherwise HARRIDEO
RAMDHARRY of St. John's Trace, Avocat, Siparia, Trinidad, who died on the 23rd day of August, 1968, by
PRABHAWTEE RAMDHARRY otherwise PRABHAWTEE HARRIDEO of the same place, his lawful widow and relict;
PROBATE of the Will dated the 4th day of June, 1960 of BHOWAN SOOBIR otherwise TREBOHAN SUBIR otherwise
TRIBHOWAN of Guaracara, Savana Grande, Trinidad, who died on the 5th day of September, 1968, by DOWLATEAH
SOOBIn of the same place, widow and relict of deceased, the sole executrix named in the Will;
PROBATE of the Will dated the 6th day of November, 1965, of HARGOON otherwise HARGOON SOODEEN of
37, Fanny Village, Point Fortin, La Brea, Trinidad, who died on the 30th day of November, 1965, by SUKBRAM
SUDEEN of the same place, brother of deceased, the sole executor named in the Will;
LETTERS or ADMINISTRATION of the estate of LACKPATEAH of Endeavour Road, Chaguanas, Trinidad, who died
on the 3rd day of July, 1967, by RAGOOBAR RAMLOGAN of the same place, her son and one of the persons entitled
to share in her estate;
PROBATE of the Will dated the 22nd day of June, 1967, of SADOOLAN of 16, Mucurapo Road, St. James, Port-of-Spain,
Trinidad, who died on the 7th day of October, 1967, by RAHIM ALI of Eligon Street, Diego Martin, Trinidad, son
of deceased, the sole executor named in the Will;
PROBATE of the Will dated the 18th day of July, 1956, of ZELLICA CARTER of 60, Luis Street, Woodbrook, Port-of-
Spain, Trinidad, who died on the 22nd day of July, 1968, by LUCILLE CAETER of the same place, daughter of
deceased, the sole executrix named in the Will;
LETTERS OF ADMINISTRATION with the Will dated the 6th day of September, 1958, of the estate of GERTRUDE
BEATRICE COLTHRUST of 24, Patna Street, St. James, Port-of-Spain, Trinidad, who died on the 3rd day of
January, 1969, by ROBERT VINCENT MCINTOSH CLARKE of 4, Alexandra Street, St. Clair, Port-of-Spain, and
DAvID SELDEN COURTENAY HANNAYS of 14, Fitt Street, Woodbrook, Port-of-Spain, the lawful attorneys of JAMas
McEwAN MARSHALL, the sole executor named in the Will;
LETTERS OF ADMINISTRATION of the estate of LANCELOT ERNEST WEST of Mausica Road, d'Abadie, Arima,
Trinidad, who died on the 1st day of December, 1967, by CYRIL EDWARD AUSTIN of the same place, the adminis-
trator of the estate of RUTH PHILLiPA AUSTIN-WEST, deceased, the lawful widow and relict of the intestate;
LETTERS OF ADMINISTRATION of the estate of RALPH PHILIP ALVAREZ of 16, St. John Road, St. Augustine,
Tacarigua, Trinidad, who died on the llth day of September, 1966, by BRUNNETTE ALVAREZ of the same place,
his lawful widow and relict;
PROBATE of the Will dated the 12th day of October, 1966, of BABWAH of Freeport Mission Road, Montserrat, Trinidad,
who died on the 31st day of May, 1967, by OSSIMAN BABWAH of the same place, widow, the relict of deceased, the
sole executrix named in the Will;
PROBATE of the Will dated the 24th day of November, 1966, of DENNY CUTHBERT WILLIAMS of 15-17, Stokes
Avenue, Harriman Park, Point Fortin, La Brea, Trinidad, who died on the 7th day of June, 1968, by ROYAL BANK
TRUST COMPANY (TRINIDAD) LIMITED of 31, Frederick Street, Port-of-Spain, Trinidad, the sole executor named in
the Will;
LETTERS OF ADMINISTRATION (with the Will, dated the 20th day of August, 1931) de bonis non of the estate of
BENJAMIN AUSTIN of 91, Cipero Street, San Fernando, Trinidad, who died on the 21st day of July, 1935, by
VIOLET AUSTIN of the same place, daughter of deceased, one of the residuary devisees and legatees named in the
Will;
PROBATE of the Will, dated the 21st day of May, 1967, of THEODORA JORDAN of Auzonville Road, Tunapuna,
Trinidad, who died on the 15th day of October, 1967, by SYDNEY JONES of El Dorado Road, Tacarigua, Trinidad,
brother of deceased, the sole executor named in the Will;
LETTERS OF ADMINISTRATION of the estate of CHANDARJIT RAMPERSAD of Manohar Trace, Barrackpore, Naparima,
Trinidad, who died on the 10th day of July, 1968, by POLLY RAMPERSAD of the same place, his lawful widow and
relict;
and unless Caveat is lodged within twenty-one days of the date of this advertisement with the Registrar of the Supreme Court
of Judicature or the Assistant Registrar through whom the above-mentioned applications have been made, Probate or Letters
of Administration as the case may be, in respect of the said applications, will be granted accordingly.

Dated the 17th day of July, 1969.
ERIC J. A. McCARTHY
Registrar of the Supreme Court of Judicature










[July 17, 1969]


TRINIDAD AND TOBAGO GAZETTE


1798
ASSESSMENT OF ROYALTY ON CRUDE OIL
(Land (Oil Mining) Regulations)
IN AOCORDANOE with the provisions of sub-clause (viii) of clause 2 of Schedule II of the Land (Oil Mining) Regulations, the
data necessary to evaluate the royalty which is payable on Crude Oil as mentioned in sub-clause i of clause 2 and sub-clause
(viii) of clause 2 of Schedule II of the said Regulations for the half-year ended 30th June, 1969 are hereby published for
general information.


Product


Bunker "C" Fuel, Maximum 0.6 per cent Sulphur ...


Bunker 'C' Grade Fuel
No. 2 Fuel ...
43-47 D.I. Gas Oil
48-52 D.I. Gas Oil
53-57 D.I. Gas Oil


70-72 Octane (Motor) Leaded Gasoline ...


Average Price (TT Dollars) per barrel of 34,9726
Imperial Gallons for half-year ended
30th June, 1969

... .. ... 3.614023


... ... ... ... ... 2.922059
... ... ... ... ... ... 7.971725


... ...... 8.102075
... ... ... ... ... 8.207874
... ..... .. ... 8.313673


S.... ... ... 7.617505


The average for the half-year of the daily quotations for the Middle rate between buying and selling rates quoted for
sight drafts on New York by Barclays Bank D.C.O., Port-of-Spain, Trinidad at the close of business on each day was:-

101.521271 per centum premium

In calculating this average, the rate for those days on which no rate was quoted was taken as the rate for the last
preceding day on which a rate was ascertainable.
The value of Tetra Ethyl Lead required to raise the anti-knock rating of the Gasoline fraction (R.L.E.-1 method) from
Crude to 70-72 Octane must be calculated at the rate .361108 cents (TT) per millilitre, this being the average cost of Tetra
Ethyl Lead during the half-year ended 30th June, 1969.

R. A. THOMAS
Permanent Secretary,
Ministry of Petroleum and Mines


1799
ROYALTY ON CASING HEAD PETROLEUM SPIRIT
(Land (Oil Mining) Regulations)

IN ACCORDANCE with clause 3 of the Land (Oil Mining) Regulations, the rate of royalty on Casing Head Petroleum Spirit produced
on Leases for the half-yearly royalty period ended 30th June, 1969 to which the said Regulations apply is:-

2.139413 cents (TT) per Imperial Gallon.
R. A. THOMAS
Permanent Secretary,
Ministry of Petroleum and Mines


1800
PUBLIC AUCTION OF TEN (10) LOTS AT FEDERATION PARK

NOTICE is hereby given, that on TUESDAY THE 5TH DAY OF AUGUST, 1969, there will be put up for lease at Public Auction, at the
Lands and Surveys Department, Red House, Knox Street, Port-of-Spain, at 2 o'clock in the afternoon, the undermentioned lots
of Crown Land on the following terms and conditions:-

(i) Lease for a term of 99 years.
(ii) Upset premium for each lot-$20,000.00.
(iii) Annual rental-$1.00.
(iv) The site to be used solely for the construction of a single dwelling house with necessary out-buildings.
(v) A dwelling house of a value of not less than $25,000.00 to be erected on the site within two years of the execution
of the Deed of Lease.
(vi) All legal expenses to be borne by the lessee.

Further particulars are obtainable, and a plan showing the lots is on display at the Lands and Surveys Department, Red
House, Knox Street, Port-of-Spain.


BOUNDARIES
Area in -
Number of Lot Square feet
North South East West


9 ... ... 11,236 ... Lot No. 9A ... Drain Reserve ... Maraval River ... St. Vincent Avenue
26 ... ... 9,836 ... Lot No. 27 ... do. ... Drain Reserve ... Grenada Avenue
27 ... ... 9,826 ... Lot No. 28 ... Lot No. 26 ... do. ... do.
44 ... ... 10,442 ... Barbados Road ... Drain Reserve ... Jamaica Boulevard... Lot No. 45
55 ... ... 10,034 ... Drain Reserve ... Barbados Road ... Lot No. 56 ... Lot No. 54
56 ... ... 10,026 ... do. ... do. ... Lot No. 57 ... Lot No. 55
62 ... ... 9,377 ... do. ... Montserrat Avenue Lot No. 61 ... Lot No. 63
87 ... ... 8,870 ... do. ... Trinidad Crescent ... Lot No. 85 ... Lot No. 89
104 ... ... 12,153 ... Lot No. 102 ... Drain Reserve ... Trinidad Crescent ... Drain Reserve
132 ... ... 16,218 ... Lot No. 131 ... Lot No. 134 ... Drain Reserve ... Antigua Drive


G. A. FARRELL
Sub-Intendant of Crown Lands


...










TRINIDAD AND TOBAGO GAZETTE


[July 17, 1969]


CONTRACTS AWARDED BY GOVERNMENT

THE following Contracts were awarded by the Central Tenders Board during the month of June, 1969.


Contract


Ministry or Division


Contractor


83 Supply of Cold Asphalt to the
St. George County Council for the
period 1.6.69 to 31.5.70:-
(a) Diego Martin Ward

(b) St. Ann's Ward

84 Supply of Cold Asphalt to the
St. George County Council for the
period 1.6.69 to 31.5.70:-
(a) Taearigua Ward

(b) Arima Ward

85 Supply of:-
(a) One (1) Massey Ferguson
Industrial Wheel Tractor
with Loader and Backhoe
(b) One (1) Caterpillar D4D
Crawler Tractor


86 Supply of One Launch ...


St. George County
Council

do.


2.6.69 Messrs. Seereeram Bros. Ltd.,
Princess Margaret Highway,
Chaguanas
2.6.69 do.


3.6.69 Messrs. Johnston & Kerry Ltd.,
Western Main Road, Cocorite
3.6.69 do.


4.6.69 Tractors & Machinery Ltd.,
P.O. Box 945, Port-of-Spain


4.6.69


... Prisons Division


87 Supply of One (1) Commer 2500 Ministry of Planning
Light Bus and Development


6.6.69 Tugs & Lighters Ltd., P.O. Box
600, Port-of-Spain

10.6.69 Messrs. H. E. Robinson & Co. Ltd.,
4, Edward Street, Port-of-Spain


(a) $23.00 per ton

(b) $22.00 per ton


(a) $22.75 per ton

(b) $22.00 per ton


(a) $15,015.00
duty free

(b) $34,808.00 in-
cluding
differential
duty

$102,022.00


$5,062.88 duty
free


88 Supply of One (1) Massey Ferguson
Industrial Wheel Tractor fitted
with Loader and Bucket


Port-of-Spain City
Council


89 Supply of One (1) Massey-Ferguson Ministry of Planning
De Luxe Tractor and Development


11.6.69 Tractors & Machinery (Trinidad) $9,995.00 duty
Ltd., P.O. Box 945, Port-of-Spain free


11.6.69 Tarctors and Machinery (Trinidad) $4,646.00 duty
Ltd., P.O. Box 945, P.O.S. free


Port Authority





Ministry of Works


90 Supply of approximately 2,500
tons of Hot Asphalt Mix

91 Supply and Transport of Asphalt to
the Central Asphalt Mixing Plant
at Agua Santa during 1969:-
(i) R.S.-1 Emulsified
Asphalt
(ii) Cutback R.C.-2 MC-2

(iii) 60/70 Penetration
Bitumen


92 Supply of One (1) Bedford Scaveng- San Fernando
ing Truck Borough Council


93 Supply of One (1) Bedford Van


94 Supply of One (1) Bedford Pick up


95 Drilling of Trial Well "B" at Arima


96 (a) Construction of approximately
17,700 feet of Access Road at
the Penal Rock Road Project
(b) Supplying and laying of
Cylinders-
(i) 6 ft. diameter ...

(ii) 5 ft. diameter ...

(iii) 4 ft. diameter ...

(iv) 3 ft. diameter ...

(v) 2 ft. diameter ...


(vi) 1 ft. 6 in. diameter ...


Prisons Division


Trinidad and Tobago
Coast Guard


Water & Sewerage
Authority


Ministry of Agricul-
culture, Lands and
Fisheries


do.

do.

do.

do.

do.

do.


14.6.69 Messrs. Johnston & Kerry Ltd.,
Western Main Road, Cooorite




19.6.69 Shell Trinidad Ltd., P.O. Box 601,
Port-of-Spain
19.6.69 do.


19.6.69


20.6.69 Messrs. Neal & Massy Ltd.,
61-63, Edward Street, Port-of-
Spain

20.6.69 Messrs. Neal & Massy Ltd.,
61-63, Edward Street,
Port-of-Spain

20.6.69 Messrs. Neal & Massy Ltd.,
61-63, Edward Street,
Port-of-Spain

20.6.69 Messrs. Skinner Drilling
Contractors Ltd., P.O. Box 46,
San Fernando

23.6.69 Messrs. Thackorie's Transport Ltd.,
10, Purcell Street, San Fernando


23.6.69

23.6.69

23.6.69

23.6.69

23.6.69

23.6.69


$19.25 per ton





(i) $23.50 per
I.G.
(ii) $25.00 per
I.G.
(iii) $23.00 per
I.G.

$9,933.00 duty
free


$7,041.00 duty
free


$6,200.00 duty
free


$37,567.66


(a) $1.42c. per
foot




(i) $146.16 per
Cylinder
(ii) $110.50 per
Cylinder
(iii) $65.00 per
Cylinder
(iv) $33.00 per
Cylinder
(v) $18.00 per
Cylinder
(vi) $11.88 per
Cylinder


Price









[July 17, 1969]


TRINIDAD AND TOBAGO GAZETTE


1801-Continued


CONTRACTS AWARDED BY GOVERNMENT-CorNTantED


Contract


97 Tailoring of Uniforms (Item Nos. 1,
8-15) for the Trinidad and
Tobago Regiment


98 Tailoring of Uniforms (Item Nos.
2-7) for the Trinidad and Tobago
Regiment


Ministry or Division

Trinidad and Tobago
Regiment


Contractor


23.6.69 Mr. Lionel Williams,
56, Duncan Street,
Port-of-Spain


Price


Obtainable from
Secretary,
Central
Tenders Board


do. ... 23.6.69 Trinidad Textile Manufacturing
Co. Ltd., P.O. Box 127,
Port-of-Spain


99 Supply of Two (2) Industrial Ministry of Works ...
Tractors fitted with loader

Attachments for each Tractor:-
(a) Counterweights ... do.

(b) Massey Ferguson Angle do.
Bulldozer Blade


(c) Massey Ferguson Backhoe
(Digger)


100 Supply of Sewing Machines to
Government (particularly to
Schools and Institutions) as and
when required during 1969


101 Supply of:-
(1) One (1) Bedford Refuse
Collector (Compactor)
Model J6MC3

(2) One (1) Bedford Refuse
Collector Model J1C2


102 Supply of One (1) "Carrier" Air
Conditioning Unit to Governor-
General Residence


103 Supply of:-
(a) Four (4) "Philco" Window
Air Conditioning Units
18,500 BTU'S

(b) Three (3) "Philco" Window
Air Conditioning Units
27,000 BTU'S


104 Supply of Sluice and Reflux Valves



105 Supply of Double Acting Air Valves


106 Supply of Pressure Reducing and
Single Acting Air Valves


All Ministries,
Divisions, Boards
and Local Govern-
ment Bodies



St. George County
Council


24.6.69 Tractors and Machinery (T'dad)
Ltd., P.O. Box 945,
Port-of-Spain


24.6.69

24.6.69


24.6.69


24.6.69 Singer Sewing Machine Co.,
P.O. Box 603, Port-of-Spain





25.6.69 Messrs. Neal & Massy Ltd.,
P.O. Box 544, Port-of-Spain


25.6.69


Ministry of Works ...


25.6.69 Messrs. Thomas Peake & Co. Ltd.,
76, Henry Street and
2A, Charlotte Street,
Port-of-Spain


do. ... 25.6.69 Messrs. Scott Furnishing Co. Ltd.,
30, Park Street and
44, Pembroke Street,
Port-of-Spain
do. 25.6.69 do.


Water and Sewerage
Authority


27.6.69 Messrs. Rooks Oilfield &
Equipment Supplies Ltd.,
P.O. Box 74, San Fernando


27.6.69 The Trinidad Trading Co. Ltd.,
P.O. Box 660, Port-of-Spain


do. .. 27.6.69 Messrs. Robinson & McNeil,
P.O. Box 240, Port-of-Spain


8th July, 1969.


$9,658 each
duty free


(a) $225.00 duty
free
(b) $399.00 each
duty free

(c) $5,230.00 each
duty free

Obtainable from
Secretary,
Central Tenders
Board



(1) $24,100.00
duty free


(2) $6,718.00
duty free

$18,796.00 duty
free


(a) $980.00 each
duty free

(b) $1,105.00 each
duty free


$65,350.08 duty
paid


$2,720.70 duty
paid


$39,838.90 duty
paid

K. KELSHALL
Director of Contracts


1802

SAWMILL LICENCES ISSUED
(Sawmills Ordinance, Ch. 24. No. 3)


IT is hereby notified as required by section 6 of the Sawmills Ordinance, Ch. 24. No. 3, that in the month of June, 1969, Licences
to carry on the business of a Sawmill during the year ending 31st December, 1969, have been granted as follows:-


Name of Sawmiller


50 Abass Ali and I. Khan

51 Ramsubhag Maharaj ...


Location of Mill

... ... ... Princess Margaret Highway, Charlieville

... ... ... Alexander Street, Longdenville.


B. S. RAMDIAL
for Acting Conservator of Forests


633


Licence Number









1803


REPORT OF THE AUDITOR GENERAL ON THE ACCOUNTS OF THE CENTRAL BANK OF TRINIDAD AND TOBAGO FOR THE YEAR ENDED 31sT DECEMBER, 1968

BALANCE SHEET AS AT 31sr DECEMBER, 1968


1967 LIABnILTI 1967 ASSETS


$ Currency in Circulation $ $ $ External Assets $
46,912,450 Notes ... ... ... ... ... ... 55,927,001 23,527,718 Balances in Sterling and other Foreign Currencies ... 55,782,861
2,706,541 Coin ... ... ... ... ... ... 3,115,842

49,618,991 59,042,843 26,990,611 U.K. Government Securities at cost (Market Value
$33,140,245) ...... ... 33,006,862
Deposits 5,300,491 Other Foreign Securities (Market Value $5,488,809) ... 5,382,679
13,031,136 Commercial Banks ... ... ... ... 26,906,202
Government and Governmental Organisations (including Subscriptions to International Financial Organisations:-
Exchequer Trust Funds and other Public Deposits) ... 26,523,835 3,580,067 Gold Subscription to International Monetary Fund ... 3,580,067

476,269 International Organisations ... ... ... 10,458,755 63,888,792 538,200 Subscription to I.D.B. ... ... ... ... 1,490,400
960,000 Subscription to I.B.R.D. ... ... ... ... 1,922,400 6,992,867
9,034,877 Liabilities Payable in Foreign Currencies ... ... -
60,897,087 101,165,269
1,735,524 Trinidad and Tobago Government (amount to be trans-
ferred to Consolidated Fund under Section 35 (3) ... 4,100,819 2,609,272 Trinidad and Tobago Government Securities (Market
174,644 Other Liabilities ... ... .. .. ... 1,046,578 Value $26,593,534) ... ... ... 27,167,794

2,061,062 Specific Provisions ... ... ... 2,209,062 649,293 Fixed Assets (less Depreciation) ... ... ... 620,676

Capital and Reserves 18,976,851 Other Assets ... ... .. ... ... 8,334,355
2,000,000 Paid-up Capital (Authorised Capital $5,000,000) ... 2,000,000

5,000,000 General Reserve Fund ... ... ... ... 5,000,000 7,000,000

$83,132,503 $137,288,094 $83,132,503 $137,288,094


NOTES:-(1) Notes in circulation include the liability of Central Bank to redeem demonetized notes of the Government of Trinidad and Tobago outstanding in the amount of $651,667, sterling assets for which have been
received from the British Caribbean Currency Board.

(2) Trinidad and Tobago Government Securities are shown at cost except for T.T. Treasury Bills which are included at face value $9,150,000.

(3) In addition to the Securities held on 31st December, 1968 the Central Bank had sold on repurchase agreements U.K. Government Securities originally acquired at cost of $27,000,000.00 (market value
$26,853,620.44) which it was under an obligation to buy back in 1969.


G. E. CODRINGTON
Manager, Bank Operations


A. N. MoLEOD
Governor


The Accompanying Financial Statements of the Bank have been examined in accordance with the provisions of Section 52 of the Central Bank Act No. 23 of 1964. As a result of such Audit Examination, it is
certified that the Balance Sheet at 31st December, 1968 and notes thereto and Income and Expenditure Account for the year 1968 show a true and fair view of the state of affairs of the Bank.

E. W. GREGOIRE
31st March, 1969. Auditor General










[July 17, 1969]


TRINIDAD AND TOBAGO GAZETTE


1803-Continued


STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31sT DECEMBER, 1968


1967
8


506,422
1,789,597
55,771

2,351,790

1,228,420
49,854
489,606
8,591

4,128,261


352,622
759,279

1,111,901

3,016,360
533,976
233,000


513,860
1,735,524

2,249,384


INCOME

Interest on Balances and Investments abroad:
Balances at British and other foreign banks ... ...
U.K. Government Securities ... ......
Other Foreign Securities ... ... ...... ...


Interest on Government of T. & T. Securities ... ......
Commissions ... ... ... ... ... ... ...
Profit on Sale of External Securities ... ... ....
Other Income ...... ...... ...

Total Income ... .


Less Expenditure
Printing and Minting expenses and other expenses on notes and coin
Other Operating Expenses ......

Total Expenditure ... .. ... ...

Surplus before depreciation and other Provisions ...
Less : Provision for depreciation on Securities and Fixed Assets
Provision for Rental of Bank Premises ... ...


Net Surplus
Transferred to General Reserve Fund
To be Transferred to Consolidated Fund


2,398,353
3,081,625
252,740


681,447
143,113
390,681
40,318


5,732,718




1,255,559

6,988,277


... 343,792
2,321,454


22,212
200,000


...4,100,819
... ... ... ... 4,100,819


2,665,246

4,323,031

222,212





4,100,819


CENTRAL BAN OF TRINIDAD AND TOBAGO



WEEKLY STATEMENT OF ACCOUNTS AS OF JULY 9, 1969

Assets
External Assets:-
Gold Subscription to I.M.F. ... ... ... ... ... ... ... $ 5,580,037
Balances, Investments, &c. ... ... ... ... ... ... ... 95,269,691

Trinidad and Tobago Government Securities:-
Treasury Bills (Face Value) ... ... ... ... ... ... ... $13,989,000
Other Marketable Securities (Cost) ... ... ... ... .. ... 9,070,228
Other (Face Value) ... ... ..... ... ... ... ... 8,361,821


Fixed Assets
Other Assets


Currency in Circulation:-
Notes ...
Coin ... .


Liabilities and Capital Accounts
... ...... ... ... ... $51,602,040
... ... ... ... ... ... ... ... 3,201,367


Deposits:-
Commercial Banks ...... ... ... ... ... ...
Government and Governmental Organisations (including Exchequer Trust Funds and
other public deposits) ... ... ...
International Organisations ... ... ... ...


$18,566,384

43,217,841
8,456,063


Other Liabilities ...
Specific Provisions ...
General Reserve Fund
Capital Paid Up ...


NOTES:
1. This statement as taken from the books of the Central Bank does not include accruals on balances and investments
(excluding Trinidad and Tobago Treasury Bills) from 1st January, 1969.

2. Notes in circulation include liability of Central Bank to redeem demonetized notes of the Government of Trinidad and
Tobago outstanding in the amount of $651,254, sterling assets for which have been received from the British Caribbean
Currency Board.
G. E. CODRINGTON
Manager, Bank Operations


635


$100,849,728




$31,421,049

635,057
2,465,520

$135,371,354

i)


$54,803,407





$70,240,240,2

1,118,597
2,209,062
5,000,000
2,000,000

$135,371,344


II ))I











Statement of dustonm and Excise Receipts for month ended 28th Pebruary, 1969

Estimate for Receipts for
HEAD year 1969 P.oportion due Actual Receipts Above Proportion Below Proportion corresponding Increase or Decrease
S....___________ ___ period of last year
CnSTOxS $ $ $ $ $ $ $ 6
Import Duties ...... ... ... ... ... ... ... 47,023,500 3,291,645 2,975,541 316,104 3062,666 87,125
Asphalt-Export Duty .. ..... ... 112,000 9,250 27 9,223 10,953 10,926
Fines, Seizures, c. ... ... ... ... ... ... ... ... ... 25,000 2,083 485 1,598 780 295
miscellaneous ... ... ... ... ... ... ... 17,000 1,416 1416 -
Warehouse Storage ... ... ... ... ... ... ... ... 80,000 6,666 3,956 2,710 2,890 1,066 -

Totals ... ... ... ... ... 47,257,500 3,311,060 2,980,009 331,051 3,077,289 1,066 98,346

EXCIsE (DUTIEs)
m and Spirits ...... ... .... 9,400.000 564,000 506,021 57,79 473,822 32,199 -
Warehouseent (a) ... ... .... ... ... 5,000 200 200 -
Petroleum Spirit ... 11,000,000 916,666 919,712 3,046 818,236 101,476 -
Lardand dible Oil i Payments in January, April, .220,000 28,508 28,508
Matches July and October ... ... ... ... ... ... 16,000 -
Beer Duty ... ... ... ... ... ... ... ... ... 2,100,000 175,000 244,427 69,427 124,301 120,126 -
Delivery Tax on Compounds ... ... 1500 125 154 29 148 6
(a) 56% collectible in January and 4% monthly thereafter. -
Totals ... ... ... .. ... ... ... 22,742,500 1,655,991 1,670,314 72,502 58,179 1,445,015 253,807 28,508

ExcIsE (LIONmons)
Distillers (2) ... ... ... ... .. ... ... 288 -
Compounders (2) ... ... ... ... ... ... ... 1,000 48
Methylated Spirits Retailers (2) ... ... ... 740 96 96 106 10
Medicinal Spirits 2) ... ... ... ... 5
Vinegar manufacturers .. ... ...... .. 53 -
Brewers 2) ... 10 --
Still Dealers 2) ... ... ... ... .. .. - -
Bay Rum and Perfumed Spirits ... ... ... ... ... 384
Copra ... ... ..... ... 90 -
Transfer ees ... ... ... ... ... ... ... .. 790 65 48 17 42 6 -

Totals ... ... .. ... ... ... 3,360 65 144 96 17 196 6 58


Total Customs and Excise ... ... ... ... 70,003,360 4,967,116 4,650,467 72,598 389,247 4,522,500 254,879 126,912

OTHER RacBE Ts
Spirit Retailers 1 .. ... .. 434,000 219 219 140 79 -
Spirit Dealers 57,000 -
Sprit Grocers .... ... 54,000 125 125 125 -
... ... ... 1,350 ..- -..
Other Liquor Licences 1 ... ... ... ... .. ... ... 290,000 506 506 88 418 -
Registration of Clubs 2) ... ... ... ... ... ... ... 22,000 3,495 8,495 4,860 1,365
Land Sales, Royalties, &c.:
Asphalt-Royalty ... ... ... ... ... ... ... 55,000 4,583 1 4,582 5,485 5,485
ees of Office ... ... .... ... 250,000 20,833 16,528 4,05 33,897 17,369
Cocoa Relief-Cess ... ... ... ... ... ... ... ... ... 250,000 20,833 26,960 6.127 34,128 7,168
(1) Expire 31st March, most payments made in April.
(2) Expire 31st December, most payments made in January.
Totals ... .... ... 1,013,350 46,249 47,834 10,472 8,887 78,598 622 31,386

REMARKS-In the month under review the actual receipts under Customs and Excise fell below proportion due by $316,649.
The items in which the proportion due was exceeded were Petroleum Spirits $3,046 and Beer Duty $69,427.
The main items in which the proportion due was not reached were Import Duties $316,104, Asphalt Duty 69,223 and Rum and Spirits Duty $57,979.
The receipts for this month show an increase of $127,967 when compared with the same month in 1968.

SAITH LATCHU
for Comproller of Customs and Ezcise









Statement of Customs and Excise Receipts for period ended 28th February, 1969

I Estimate for Receipts for I
HEAD year 1969 Proportion due Actual Receipts Above Proportion Below Proportion corresponding Increase or Decrease
Period of last year
CUSTOMS s $ $ $ $ $
Import Duties ...... ... .. .. ... ... 47,023,500 6,583,290 6,495,267 88,023 6,965,068 469,801 (D
Asphalt-Export Duty ... ... ... 112,000 18,500 14,825 38675 20,253 5,428 (M
Fine S us c ... ...... 25,000 4,166 2,244 1,922 2,692 448
WMisceaneous ..... ... ... ... ... 17,000 28 268 2,564 268 -
Warehouse Storage ... ...... ... .. ... 80,000 18,332 8,411 4,921 7,271 1,140 -

Totals ... ... .. 47,257,500 6,622,120 6,521,015 101,105 6,995,284 1,408 475,677

ExCISE (DUTIEs)
Rum nd spirits (a. .. 9,400,000 940,000 894,525 45,475 773,46 120,879 -
Warebuse n(a) ... 5,000 3,000 811 2,189 9,876 8,565
Petroleum S spirit ... 11,000,000 1,833,332 1,840,439 7,107 1,419,929 420,510 -
Lard nd Edible Oil Payments in January. April, 220,000 55,000 56,19 1,196 56,977 781
catches J July and October ... ... ... ... ... 16,000 4,000 4,232 22 4,412 180
Beer Duty .on Com.ods ... ... ... ... 2,100,000 350,000 463,608 113,608 253,821 209,787 -
Delivery Tax on Compounds ... 32 260 42
(a) 56% collectible in January and 4% monthly thereafter. 1 218 2 260 -
Totals .. ... ... ... ... 22,742,500 3,185,582 3,260,029 122,143 47,696 2,518,421 751,176 9,568

ExCISE (LIOENOcSs)
Distillers (2 ... ... ... ... ... 288 288 288 -288 -
Methylated Spirits Retailers (2 740 740 576- 164 547 20
Medicinal(2 ... 5 5 5 5 5
Vwinegaranilfactre (2:. 53 53 53
(2Brewe 10 10 5 5
Still Dealers (2). ... .... ...... ... ... 5 5 -
Bay Rum and Perfumed Spirits (2) ... ... ... ... 384 384 144 240 144 -
Copra (2) ... ... ... ... ... ... 90 90 90 -
Transfer Fees ... ... .. ... ... ... ... ... 790 180 162 32 145 17 -

Totals ... ... ... ... ... ... 3,360 2,700 1,823 37 914 2,046 51 274 O


Total Customs and Excise ... ... .. ... 70.003,360 9,810,402 9,782,867 122,180 149,715 9,515,751 752,635 485,519 0

OTMBE RCm0E1S
Spirit retailers ... ... ... 44,000 1,980 1,980 1,914 6 -
p....irit Dealers 57,000 100 100 100
Spirit Grocers ...... ... ... ... 554,000 900 900 275 625 -
Wine Merchants 1 ... ... ... 1,850 - -
Other Liquor Licences 1 ... ... ... ..... 290,000 1,205 1,205 862 48 -
Registration of Clubs (2 .. ...... ... 22,000 22,000 10,475 11,525 11,266 791
Land Sales, Royalties, &c.:
Asphalt-Royalty ... ... ... ... ... ... ... 55,000 9,166 7,409 1,757 10,137 2,728
Fees of Offiefe 250,000 41,666 34,722 6944 58,458 23,736
Coco elf-Cess ... ... ... .. ... 250,000 41,666 43,906 2,270 72,000 28,064
(1) Expire 81st March, most payments made in April:
(2 Expire 31st December: most payments made in January.
Totals ... .. ... ... 1,913,850 114,498 100,727 6,455 20,226 154,912 1,134 55,319

REBBA s---In the period under review the actual receipts under Customs and Excise fell below the proportion due by $27,535.
The items in which the proportion due was exceeded were Petroleum Spirits $7,107, Lard and Edible Oil $1,196 and Beer Duty $118,608.
The main items in which the proportion due was not reached were Import Duties $88,028, Warehouse Storage $4,9g1 and Rum an4 Spirits Dqty $45,475,
The receipts fo this period show an increase of $276,11 when compared with the same period n 1968.

SAITH LATOHU
or Oomtoerlr of Custom ad B#wee


_ __ _I




-7, -


1807
SInterim Statement of Customs and Excise Receipts for month ended 31st March, 1969

SEAEstimate for Receipts for
HEAD year 1969 Proportion due Actual Receipts Above Proportion Below Proportion corresponding Increase or Decrease
Period of last year


CUSTOMS
,. ,.. .


.. .. .


Import Duties
Asphalt-Export Duty
Fines, Seizures, &c.
Miscellaneous
Warehouse Storage


Totals ... .


ExcIsE (DUTIEs)

Rum and Spirits ...
Warehouse Rent ...
Petroleum Spirit
Lard and Edible Oil 'Payments in January, April,
Matches July and October
Beer Duty ...... ...
Delivery Tax on Compounds ... ..


Totals ... .


PURCHASE TAX (Act No. 13/63)
Taxes on Goods ... ... ... .


OTHER LICENSES, DUTIES AND TAXES
Excise Licences .
Broadcasting, Receiving and Transmitting Sets, Ch. 36. No. 2
Television Receivers ... ... ...


Totals ... .

FEES AND PAYMENTS FOR SPECIFIC SERVICES
Comptroller of Customs ... ... ... ...


REIMBURSEMENTS
Excise Warehouses ... ... ... ......


ROYALTY

Asphalt and Petrol Won from the Pitch Lake, &c.


Totals ...


$
47,035,500
112,000
25,000
17,000
80,000


3,761,800
9,333
2,083
1,417
6,666


3,534,093
46
3,965
3,859


$


1,882


$
227,787
9,287
1,417
2,807


3,293,666
7,424
406
1
5,109


$
240,427
3,559


$

7,378
1
1,250


47,269,500 3,781,379 3,541,063 1,882 241,298 3,306,606 243,986 8,629




0,400,000 658,000 655,768 2,282 540,161 115,607 -
5,000 200 8 192 235 227
11,000,000 916,666 802,200 114,466 879,571 77,371
220,000 -
16,000 -
2,100,000 175,000 204,568 29,568 102,461 102,107 -
1,500 125 240 115 135 105 -


22,742,500 1,749,991 1,662,784 29,683 116,890 1,522,563 217,819 77,598




12,300,000 1,025,000 1,018,734 6,266 1,018,734 -




867,935 76,866 76,866 166,915 90,049
122,000 10,166 10,224 58 10,570 346
265,000 22,083 18,400 3,683 17,528 872


1,254,935 32,249 105,490 76,924 3,633 195,013 872 90,395



250,000 20,833 2,362 18,471 28,469 26,107




60,000 5.000 3,126 1,874 6,322 ,196



55,000 4,583 4,583 3,722 3,722
365,000 30,416 24,928 38,513 33,025


83,931,935


6,619,035


6,334,459


108,489


393,065


5,062,695


1,481,411


209,647


REMARKs-The above amounts are exclusive of Receipts from G.P.O., Comptroller of Accounts, Point Fortin, Brighton-Approximately $20,000.00.
SAITH LATCHU
for Comptroller of Customs and Ezcise










Interim Statement of Customs and Excise Receipts for period ended 31st March, 1969


HEAD


CUSTOMS
Import Duties ... ... ... ......
Asphalt-Export Duty ... ...
Fines, Seizures, &c. ... ..
Miscellaneous ... ...
Warehouse Storage ... ... .


Totals ...


EXCISE (DUTIEs)
Rum and Spirits ...
Warehouse Rent ...
Petroleum Spirit
Lard and Edible Oil 1 Payments in January, April,
Matches } July and October
Beer Duty .....
Delivery Tax on Compounds


Totals ... .


PURCHASE TAX (Act No. 13/63)
Taxes on Goods ...... ... ... ...


OTIIE LICENCES, DUTIES AND TAXES
Excise Licences .
Broadcasting, Receiving and Transmitting Sets, Ch. 36. No. 2
Television Receivers ... ... ...


Totals ...


FEES AND PAYMENTS FOR SPECIFIC SERVICES
Comptroller of Customs .. ... ..

REIMBURSEMENTS
Excise Warehouses ... ... .....


ROYALTY
Asphalt and Petrol Won from the Pitch Lake, &c. ... ...


Totals ... .


Estimate for
year 1969 Proportion due Actual Receipts Above Proportion


$
47,023,500
112,000
25,000
17,000
80,000


$
10,345,170
28,000
6,250
4,250
20,000


$
9,717,010
14,870
6,029
268
12,261


Below Proportion


$
628,160
13,130
221
3,982
7,739


Receipt for
corresponding
period nf last v~ar


$
10,258,734
27,677
3,098
1
12,379


Increase or Decrease


$


2,931
267


541,724
12,807

118


47,257,500 10,403,670 9,750,438 653,232 10,301,889 3,198 554,649




0,400,000 1,552,525 1,550,293 2,232 1,313,807 236,486 -
5,000 3,200 818 2,382 9,612 8,794
11,000,000 2,750,000 2,642,638 107,362 2,299.500 343,138 -
220,000 55,000 54,241 759 56,977 2,736
16,000 4,000 4,232 232 4,412 180
2,100,000 525,000 668,176 143,176 356,282 311,894 -
1,500 458 458 396 62 -


22,742,500 4,889,725 4,920,856 143,866 112,735 4,040,986 801,580 11,710




12,300,000 3,075,000 2,786,019 288,981 2,786,019 -




867,935 82,041 82,041 183,279 101,238
122,000 30,500 37,541 7,041 39,495 1,954
265,000 66,250 41,780 24,470 63,290 21,510


1,254,935 96,750 161,362 89,082 24,470 286,064 124,702




250,000 62,500 7,445 55,055 86,926 79,481



60,000 15,000 25,171 10,171 19,421 5,750 -



55,000 13,750 7,409 6,341 13,859 6,450
365,000 91,250 40,025 10,171 61,396 120,206 5,750 85,931


83,919,935


18,556,395


17,658,700


243,119


1,140,814


14,749,145


3,686,547


776,992


SAITH LATCHU
for Comptroller of Customs and Excise


REMARKS-The above amounts are exclusive of receipts from G.P.O., Comptroller of Accounts, Point Fortin, Brighton for the months of January, February and March, 1969--Approximately $60,000.00.


proola e












Interim Statement of Customs and Excise Receipts for month ended 30th April, 1969

Estimate for Receipts for
HEAD year 1969 Proportion due Actual Receipts Above Proportion Below Proportion corresponding Increase or Decrease
__ period of last year

CUSTOMS $ $ S 8 ..
Import Duties ... .. .. 47,023,500 3,761,880 3,464,958 296,922 3,229,536 235,422 ,
Asphalt-Export Duty .. 112,000 9,333 2,54 6,787 9,860 -7,14
lines, Seizures, &c.... 25,000 2,083 3,495 1,412 1,850 1,645 -
Miscellaneous ...... 17,000 1.417 1,417 -
Warehouse Storage .... : : 80,000 6,666 3,484 3,182 3,083 401


Totals ... .... ... ... 47,257,500 3,781,379 3,474,483 1,412 308,308 8,244,329 237,468 7,314

"ExcisE (DUTIEs)
Rum and Spirits ... ... ... 9,400,000 752,000 716,932 35,068 676,44 40,588 -
Warehouse Rent ...... 5,000 200 200 -
Petroleum Spirit .. 11,0000,000 916,666 955,766 39,100 907,714 48,052 -
Lard and Edible Oil Payments in January, April, ... ... ..... 220,000 5,000 27,284 27,716 2,580 5,296
Matches J July and October ... ... ... .. 16,000 4,000 3,800 200 3,686 114 -
Beer Duty .... .... .. 2,100,000 175,000 197,882 22,882 180,417 17,465 -
Delivery Tax on Compounds ... .. .. .. .. 1,500 125 127 2 17 10


Totals ... ... ... ... 22,742,500 1,902,991 1,901,791 61,984 63,184 1,800,878 106,219 5,306

PURCHASE TAX (Act No. 13/63)
Taxes on Goods ... .... ... ... 12,300,000 1,025,000 923,379 101,621 796,692 126,687 -

OTHER LIOENCES, DUTIES AND TAXES
Excise Licences ... ... ... 867,935 867,935 85,518 782,417 582,976 497,458
Broadcasting, Receiving and Transmitting Sets, Ch. 36. No. 2 ... ... 122,000 10,166 4,384 5,782 2,106 2,278 -
Televiilon Receivers ... ... ... ... ... ... ... .. 265,000 22,083 11,770 10,313 17,480 5,710


Totals ... ... .... 1,254,935 900,184 101,672 798,512 602,562 2,278 503,168

FEES AND PAYMENTS FOR SPiorCio SERVICES
Comptroller of Custois ... .. ... . :.. .. 250,000 20,833 1,662 19,171 26,365 -. 24,703

RBIMBUWSEMENTS
Excise Warehouses ... ... ... .. .. ... ... ... ... 60,000 5,000 6,060 1,060 5,162 898 -

ROYALTY
Asphalt and Petrol Won from the Pitch.Lake, &c. ... ... ... ... ... 55,000 4,583 1,278 3,305 ,4,951 3,673


Totals .. ... ... ... ... 83,919,935 7,639,970 6,410,325 64,456 1,294,101 6,480,989 473,550 544,164

RBEMAKS-The above figures are exclusive of receipts from the Comptroller of Accounts, Point Fortin, Brighton and the G.P.O. as follows:-
Customs and Excise Approximately $80,000.00
Other Licences, fees, &c., Approximately 700,000.00 $730,000.00
SAITH LATCHU
or Comptroller of Custos and Excise









Interim Statement of Customs and Excise Receipts for period ended 30th April, 1969

Estimate for Receipts for
HEAD. year 1969 Proportion due Actual Receipts Above Proportion Below Proportion corresponding Increase or Decrease
S____ __period of last year
CUSTOMS $ $ $ $ $ $ $ $
Import Duties ... ... ... ... 47,023,500 14,107,050 13,441,012 666,038 13,488,269 47,257
Asphalt-Export Duty ... ..... ... 112000 37,333 17,417 19,916 37,537 -20,120
Fines, Seizures, &c ... 25,000 8,333 9,704 1,371 4,948 4,756 -
Miscellaneous ... ... ... ... ... ..... 17,000 4,251 268 3,983 1 267 -
Warehouse Storage ... ... ... .. .. 80,000 26,666 15,745 10,921 15,462 283 -


Totals ... ... ... ... ... 47,257,500 11,183,633 13,484.146 1,371 700,858 13,546,217 5,306 67,377

ExcISE (DunEs)
Rum and Spirits .. ... ... ... ... ... ... ... ... 9,400,000 2,350,000 2,267,225 82,775 1,990,150 277,075 -
Warehouse Bent ... 5,000 3,400 818 -2,582 9,612 8,794
Petroleum Spirit ... ... ... ... ... 11,000,000 3,666,666 3,598,404 68,262 3,207,214 391,190 -
Lard and Edible Oil I Payments in January, April, ... ...... 220,000 110,000 83,480 26,520 83,557 77
Matches July and October .. .. ... ... ... ... 16,000 8,000 8,032 32 8,098 66
Beer Duty ...... ... ... ... ... ... ... ... 2,100,000 700,000 866,058 166,058 536,699 329,359 -
Delivery Tax on Compounds ... ... .. ... ... ... ... ... 1,500 500 585 85 533 52 -


Totals .. ... ... ... ... 22,742,500 6,838,566 6,824,602 166,175 180,139 5,835,863 997,676 8,937

PURoHAsE TAx (Act No. 13/63)
Taxes on Goods .. ... ... ... ... ... ... ... ... 12,300,000 4,100,000 3,709,398 390,602 2,647,482 1,061,916 -

OTmH LICENOCS, DUTIES AND TAXES
Excise Licences ... .. ... ... ... ... 867,935 867,935 167,559 700,376 781,799 614,240
Broadcasting, Receiving and Transmitting Sets, Ch. 36. No. 2 ... ... ... ... 122,003 40,666 50,617 9,951 41,601 9,016 -
Television Receivers ... ... ... ... ... ... ... ... 265,000 88,333 53,550 34,783 80,770 27,220


Totals ... ... ... ... ... 1,254,935 996,934 271,726 9,951 735,159 904,170 9,016 641,460

FiRS AND PAYMENTS FOR SPECIOI SERVICES
Comptroller of Customs ... ... ... ... ... ... .. ... 250.000 83,333 9,107 74,226 113,290 104,183

RIaEINBxURssaTS
Excise Warehouses .. ... .. ... ... ... ... 60,000 20,000 31,231 11,231 24,583 6,648

ROYALTY
Asphalt and Petrol won from the Pitch Lake, &c. ... ... ... ... 55,000 18,333 8,686 9,647 18,810 10,124


Totals ... ... ... ... 83,919,935 26.240,799 24,338,896 188,728 2,090,631 23,090,415 2,080,562 832,081

RMARKS--The above figures are exclusive of receipts from the Comptroller of Accounts. Point Fortin, Brighton and the G.P.O. as follows:-
Customs and Excise approximately ... $100,000.00
Other Licences, fees, &c., approximately ... 750,000.00
$850,000.00
SAITH LATCHU
or Comptrofer of Customs and Excise












Interim Statement of Customs and Excise Receipts for month ended 31st May, 1969

Estimate for Receipts for
HEAD year 1969 Proportion due Actual Receipts Above Proportion Below Proportion corresponding Increase or Decrease
period of last year

CUSTOMS $ $ $ $ $ $ $
Import Duties .. ... ... ... ... ... ... ... 47,023,500 3,761,880 3,840,732 78,852 3,429,216 411,516 -
Asphalt-Export Duty ... .. ... .. ... ... ... ... 112,000 9,333 8,821 512 10,063 1,242
Fines, Seizures, &c .. ... ... ... ... ... ... ... ... 25,000 2,083 4,293 2,210 3,685 608 -
Miscellaneous .. ... ... ... ... ... ... ... ... 17,000 1,417 1,417 -
Warehouse Storage ... ... ... ... ... ... ... ... 80,000 6,666 2,597 4,069 5,861 3,264


Totals ... ... ... ... ... 47,257,500 3,781,379 3,856,443 81,062 5,998 3,448,825 412,124 4,506

EXCISE (DUTIES)
Rum and Spirits ... ... ... ... ... .. ... ... ... 9,400,000 752,000 705,249 46,751 657,415 47,834 -
Warehouse Rent ... ... ... ... ... ... ... ... ... 5,000 200 200 47 47
Petroleum Spirits ... ... ......... 11,000,000 916,666 945,681 29,015 859,081 86,600 -
Lard and Edible Oil 1Payments In Jnuary, April, ... ... ... ... ... 220,000 23780 23,780
Matches J July and October ... ... ... ... ... ... 16,000 -
Beer Duty ... .. ... .... .. ... ... ... .. ... 2,100,000 175,000 191,212 16,212 86,814 104,398 -
Delivery Tax on Compounds ... ... ... ... ... ... ... ... 1,500 125 230 105 41 189 -


Totals .. ... ... ... ... 22,742,500 1,843,991 1,842,372 45,332 46,951 1,627,178 239,021 23,827


PURCHASE TAX (Act No. 13/63)
Taxes on Goods ... ... ... ... ... .. ... ... ... 12,300,000 1,025,000 1,348,873 323,873 885,585 463,288 -

OTHER LICENSES, DUTIES AND TAXES
Excise Licences ... ... ... .... ... ... ... 867,935 711,482 711,482 11,202 700,280 -
Broadcasting, Receiving and Transmitting Sets, Ch. 36. No. 2 ... ... ... ... 122,000 10,166 4,695 5,471 16,904 12,209
Television Receivers ... ... ... ... ... ... ... ... ... 265,000 22,083 6,810 15,273 22,350 15,540


Totals ... ... ... ... ... ... 1,254,935 32,249 722,987 711,482 20,744 50,456 700.280 27,749

FEES AND PAYMENTS FOR SPECIFIC SERVICES
Comptroller of Customs ... ... ... .. ... ... ... ... 250,000 20,833 2,927 17,906 33,427 30,500

REIMBURSEMENTS
Excise Warehouses ... ... ... ... ... .. ... ... ... 60,000 5,000 10,344 5,344 6,334 4,010 -

ROYALTY
Asphalt and Petrol Won from the Pitch Lake, &c. ... .. ... ... ... 55,000 4,583 4,422 161 5,059 637


Totals ... ... ... ... ... ... 83,919,935 6,713,035 7,788,368 1,167,093 91,760 6,056,864 1,818,723 87,219


REMABKS-The above figures are exclusive of receipts from the Comptroller of Accounts, G.P.O., Point Fortin and Brighton as follows:-
Customs and Excise approximately ... ... $20,000.00
Other Licences, Fees, &c. ... ... ... 18,000.00

$38,000.00


SAITH LATCHU
for Comptroller of Customs and Excise









1812
Interim Statement of Customs and Excise Receipts for period ended 31st May, 1969

Estimate for Receipts for
HEAD year 1969 Proportion due Actual Receipts Above Proportion Below Proportion corresponding Increase or Decrease
period of last year
CUSTOMS $ $ $ $ $ $
Import Duties ... ... ... ... ... ... ... ... 47,023,500 17,868,930 17,335,753 533,177 16,917,485 418,268 -
Asphalt-Export Duty ... ... ... ... ... ... ... 112,000 46,666 26,214 20,452 47,600 21,386
Fines, Seizures, &c .. ... ... ... ... ... ... ... ... 25,000 10,416 13,997 3,581 8,633 6,364 -
Miscellaneous ... ... ... ... ... ... ... ... ... 17,000 5,668 268 5,400 1 267 -
Warehouse Storage ... ... ... ... ... ... ... ... ... 80,000 33,332 18,343 14,989 21,323 2,980


Totals ... ...... ... ... ... 47,257,500 17,965,012 17,394,575 3,581 574,081 16,995,042 423,899 24,366

EXcISE (DTIBs) H3
Rum and Spirits ... ... ... ... ...... ... ... 9,400,000 3,102,000 2,972,474 129,526 2,647,566 324,908 -
Warehouse Rent ..... ... ... ... 5,000 3,600 818 2.782 9,659 8,841
Petroleum Spirit ... ... ... ... ... ... 11,000,000 4,583,332 4,544,085 39,247 4,066,295 477,790 -
Lard and Edble Oil 1 Payments in January, April, ... ... ... ... .. 220,000 110,000 83,480 26,520 107,337 23,857
Matches July and October ... ... ... ... ... ... 16,000 8,000 8,032 32 8,098 66
Beer Duty ... ... ... ... ... ... ... ... ... ... 2,100.000 875,000 1,057,270 182,270 623,513 433,757 -
Delivery Tax on Compounds ... ... ... ... ... ... ... 1,500 625 816 191 574 242 -


Totals ...... .. ... ... .. ... 22,742,500 8,862,557 8,666,975 182,493 198,075 7,463,042 1,236,697 32,764

PURCHASE TAX (Act No. 13/63)
Taxes on Goods ... ... ... ... ..... ... ... ... 12,300,000 5,125,000 5,058,271 66,729 3,533,067 1,525,204 -

OTHER LICENCES, DUTIES AND TAXES
Excise Licences ... ... .. ... ...... 867,935 867,935 879,041 11,106 793,050 85,991 -
Broadcasting, Receiving and Transmitting Sets, Ch. 36. No. 2 ... ...... 122,000 50,832 55,312 4,480 58,503 3,191
Television Receivers ... ... ... ... ... ... ... ... 265,000 110,416 60,360 50,056 103,120 42,760


Totals ... ........ ... ... 1,254,935 1,029,183 994,713 15,586 50,056 954,673 85,991 45,951

FEES AND PAYMENTS FOR SPECIFIC SERVICES >
N
Comptroller of Customs ... ... ... ... ... .. ... ... 250,000 104,166 12,034 92,132 146,717 134,683

RETMBURSEMENTS _3
Excise Warehouses ... ... ... ......... ... .. ... ... 60,000 25,000 41,575 1,5775 30,917 10,658 -

ROYALTY
Asphalt and Petrol Won from the Pitch Lake, &c. ... ..... ... 55,000 22,916 13,108 9,808 23,869 10.761


Totals ... ..... ... .. ... 83,919,935 32,953,835 32,181,251 218,235 990,818 29,147,327 3.282,449 248,525

REMARKs--The above figures are exclusive of receipts from the Comptroller of Accounts, G.P.O., Point Fortin and Brighton for the months of March, April and May, 1969, as follows:-
Customs and Excise ... ... $60,000.00
Other Licences, Fees, &c. ... ... 50,000.00

$110,000.00

SAITH LATCHU
for Comptroller of Customs and Excise C(










644 TRINIDAD AND TOBAGO GAZETTE [July 17, 1969]


1813
TENDERS FOR CONSTRUCTION OF SUPERSTRUCTURE, NEW CENTRAL MARKET,
SCARBOROUGH, TOBAGO

TENDERS are invited for the construction of the Superstructure of the New Central Market, Scarborough, Tobago. A firm lump-
sum quotation is required in accordance with Plans and Specifications, which may be perused at the office of the Chief Architect,
Ministry of Works, lA, Edward Street, Port-of-Spain, during normal working hours. Tender documents may be taken away only
on production of a receipt from the Comptroller of Accounts or any District Revenue Office showing that a tender/documents
deposit of $50.00 has been paid. The deposit receipt must accompany each tender and the deposit will be refunded under the
usual conditions. Tenderers must indicate a completion period in their tender.
2. Tenderers will be required to produce evidence of having previously executed successfully, single projects in excess of
$200,000.00. A list of such projects should accompany each tender.
3. Site inspection may be arranged during normal working hours by appointment with the Chief Technical Officer, Works
Division, Tobago.
4. Any further information required may be obtained from the Chief Architect, Ministry of Works, IA, Edward Street,
Port-of-Spain, during normal working hours.
5. The successful tenderer will be required to enter into a formal agreement with Government and to provide security in the
sum of $50,000.00 for the satisfactory completion of the contract.
6. Each tender must be accompanied by the usual up-to-date Income Tax Certificate.
7. No increase in the contract price will be allowed because of an increase in wages.
8. Sealed tenders will be received up to 4 p.m. on Friday, 8th August, 1969, and must be addressed to the Director of Contracts,
Central Tenders Board, 31, St. Vincent Street, Port-of-Spain. Envelopes must be marked-"Tender-Construction of Super-
structure-New Central Market, Scarborough, Tobago", and must be deposited in the Tenders Box at the Board's Office.
9. The Board does not bind itself to accept any tender.
K. KELSHALL
10th July, 1969.-(C.T.B. 2/10/34). Director of Contracts


1814

TENDERS FOR COMPLETION OF WORKS ON ENTERTAINMENT CENTRE, SPRING GARDEN, TOBAGO

TENDERS are invited for the completion of works on the Entertainment Centre at Spring Garden on the Orange Hill Road, Tobago,
approximately 1j miles from its junction with the Milford Road, commonly referred to as the "Jack Prescod Building" in accord-
ance with Conditions, Specifications and Drawings on the approved tender forms all of which are obtainable from the Industrial
Development Corporation, 6th Floor, Salvatori Building, Port-of-Spain, during normal working hours.
2. Tender documents may be taken away only on production of a receipt showing that a tender/documents deposit of $25.00
has been paid to the Cashier, Industrial Development Corporation. Deposits will be refunded under the usual conditions.
3. Site inspection may be arranged during normal working hours by appointment with Mr. Andrew Julien of the Industrial
Development Corporation, who is available at Cecil Louis Hotel, Carnbee, Tobago.
4. Any further information may be obtained from Mr. Mark Pantin, Industrial Development Corporation, 6th Floor, Salvatori
Building, Port-of-Spain, during normal working hours.
5. A completion period must be stipulated.
6. No increase in the contract price will be allowed because of an increase in wages.
7. Each Tender must be accompanied by the usual Income Tax Certificate not more than 6 months old.
8. The successful tenderer will be required to enter into a formal agreement with the Industrial Development Corporation
and to provide security in the sum of 10 per cent of the contract sum for the due performance of the contract within the stipulated
time.
9. Sealed tenders will be received up to 4.00 p.m. on Tuesday, 5th August, 1969, and must be addressed to the Director of
Contracts, Central Tenders Board, 31, St. Vincent Street, Port-of-Spain. Envelopes must be marked-"Tender-Completion
of Works on Entertainment Centre, Spring Garden, Tobago", and must be deposited in the Tenders Box at the Board's Office.
10. The Board does not bind itself to accept any tender.

K. KELSHALL
14th July, 1969-(C.T.B. 2/10/35). Director of Contracts


1815
TENDER FOR SUPPLY OF GRAVEL TO MINISTRY OF WORKS

1. St. Andrew-St. David District.
2. Tenders are invited for the supply to the above Ministry of:-
1,200 cubic yards of Ordinary Pit Run Gravel.
The material is to be supplied as and when required on spot between the 30-31 mile mark, Eastern Main Road.
3. Specifications can be obtained at the office of the Road Supervisor, Works Department, Guaico, during normal working
hours. A sample of the material can be inspected also at this said office.
4. Persons wishing to tender must pay into the Treasury, Port-of-Spain, or any District Revenue Office, a tender deposit
of $25.00 and attach the receipt to their tender.
5. Each tender must be accompanied by the usual up-to-date certificate from the Board of Inland Revenue.
6. The successful tenderer must make the contract binding by paying to the Treasury, Port-of-Spain, or any District
Revenue Office, within 7 days of being notified of award of a contract, a Cash Performance Deposit of $200.00. Refunds of deposits
will be made under the usual conditions.
7. Sealed tenders will be received up to 4.00 p.m. on Thursday, 31st July, 1969, and must be addressed to the Chairman,
Ministry of Works Tenders Committee. Envelopes must be marked, "Tender for the Supply of Pit Run Gravel-Ministry of
Works, St. Andrew-St. David District", and must be depositedin the White Tenders Box at this District Office at Sangre Grande.
Late tenders will not be considered.
8. The Ministerial Committee does not bind itself to accept any tender.
M. FELIX
15th July, 1969. for Chairman, Ministerial Tenders Committee








[July 17, 1969]


TRINIDAD AND TOBAGO GAZETTE


1816
APPOINTMENT OF JUSTICE OF THE PEACE,
EASTERN COUNTIES

UNDER the provisions of section 4 (1) of the Summary Courts
Ordinance, Ch. 3. No. 4, the Governor-General on the
advice of the Attorney General has been pleased to appoint
MR. WILLARD C. SOOKERMANY to be a Justice of the
Peace for the Eastern Counties with effect from the 30th June,
1969.

GEQRGE COLLYMORE
for Acting Legal Secretary to the
Attorney General
11th July, 1969-(A.G. 59/1/6).

1811
APPOINTMENT OF COMMISSIONER OF AFFIDAVITS
FOR ST. GEORGE WEST

UNDER the provision of section 3 of the Commissioner of
Affidavits Ordinance, Ch. 7. No. 6, the Governor-General, on
the advice of the Attorney General and Minister for Legal
Affairs has been pleased to appoint MR. ROLAND L. BYNOE,
of 35A, Norfolk Street, Belmont, Port-of-Spain to be a Com-
missioner of Affidavits for the County of St. George West
with effect from the 12th July, 1969.

GEORGE COLLYMORE
for Acting Legal Secretary to the
Attorney General
12th July, 1969-(AG. 64/2/1 Temp.).

1753
PRIVATE BILL-INCORPORATION OF THE BOARD
OF TRUSTEES OF ST. ANTHONY'S COLLEGE

PUBLIC NOTICE is hereby given in accordance with Standing
Order 93 (3) (b) (i) of the House of Representatives Standing
Orders that it is intended to introduce into the House of
Representatives the above-mentioned Bill.
2. The Bill is published as a Supplement to this Trinidad
and Tobago Gazette and copies may be purchased from the
Government Printer.
3. The object of this Bill among others is to Incorporate
the Board of Trustees of St. Anthony's College in order to
enable it to hold property and otherwise effectually carry out
its functions.
4. Any person wishing to be heard in opposition to the
Bill must lodge, with the Clerk of the House of Representa-
tives, a petition shewing the nature of his objection and
stating whether his objection extends to the whole or some
part of the Preamble or to the clauses of the Bill and praying
that he may be heard by himself or his Counsel against the
Bill.

G. R. LATOUR
Clerk of the House
Parl. 1/72.-(3 ins.)


1818
DRAW OF NATIONAL LOTTERY

NOTICE is hereby given under the provisions of the National
Lotteries Regulations, 1969, made in accordance with sec-
tion 31 of the National Lotteries Act, 1968, that the numbers
of the winning tickets drawn in Lottery No. 12 are as
follows: -

Draw No. 12 on the 12th July, 1969


1st Prize
2nd Prize
3rd Prize


... ... 12328
... ... 37403


... ... ... 04100

L. O. WARNER
Director, National Lottery


1819

TRANSFER OF LICENCES
(Liquor Licences Ordinance, 1955)



ST. GEORGE WEST

NOTICE is hereby given that a notification in writing has this
day been lodged with me the undersigned Secretary of the
Licensing Committee of the said District by John Aquai and
Kok Ng Mee Chung of 40, St. Joseph Road, Port-of-Spain and
23, Nelson Street, Port-of-Spain, respectively, that it is their
intention to apply to the Licensing Committee at the Port-of-
Spain Magistrate's Court on THURSDAY THE 17TH DAY OF
JULY, 1969, for a transfer to them of the Licence to carry
on the trade of a Wine Retailer held by John Akok and Kok
Ng Mee Chung for premises situate at 40, St. Joseph Road,
Port-of-Spain, in the said District.


Dated at the Port-of-Spain Magistrate's Court this 7th day
of July, 1969.


A. J. KARAMATH
Secretary, Licensing Committee,
St. George West




1820

NOTICE is hereby given that a notification in writing has this
day been lodged with me the undersigned Secretary of the
Licensing Committee of the said District by John Aquai and
Kok Ng Mee Chung of 40, St. Joseph Road, Port-of-Spain
and 23, Nelson Street, Port-of-Spain, respectively, that it is
their intention to apply to the Licensing Committee at the
Port-of-Spain Magistrate's Court on THURSDAY THE 17TH DAY
OF JULY, 1969, for a transfer to them of the Licence to carry
on the trade of a Special Restaurant held by John Akok and
Kok Ng Mee Chung for premises situate at 23, Nelson Street,
Port-of-Spain, in the said District.


Dated at the Port-of-Spain Magistrate's Court this 7th day
of July, 1969.


A. J. KARAMATH
Secretary, Licensing Committee,
St. George West




1821

NOTICE is hereby given that a notification in writing has this
day been lodged with me the undersigned Secretary of the
Licensing Committee of the said District by Timothy Koo of
70A, Sackville Street, Port-of-Spain, that it is his intention
to apply to the Licensing Committee at the Port-of-Spain
Magistrate's Court on THURSDAY THE 17TH DAY OF JULY,
1969, for a transfer to him of the Licence to carry on the
trade of a Wine Retailer held by Henry Afee Koo for premises
situate at 70A, Sackville Street, Port-of-Spain, in the said
District.


Dated at the
of July, 1969.


Port-of-Spain Magistrate's Court this 7th day


A. J. KARAMATH
Secretary, Licensing Committee,
St. George West


_


::$
...








TRINIDAD AND TOBAGO GAZETTE


[July 17, 1969]


TRANSFER OF LICENCES-CONTINUED


EASTERN COUNTIES
NOTICE is hereby given that a notification in writing has
this day been lodged with me the undersigned Secre-
tary of the Licensing Committee of the said District by
Krishnarayan Rambarran of San Pedro, Poole, that it is his
intention to apply to the Licensing Committee at the Rio Claro
Magistrate's Court on FRIDAY THE 25TH DAY OF JULY, 1969,
for a transfer to him of the Licence to carry on the trade of
a Spirit Retailer held by Harrilal R. Rambarran for premises
situate at Railway Junction, San Pedro, Poole, in the said
District.

Dated at the Sangre Grande Magistrate's Court this 12th
day of July, 1969.
M. H. SYNE
Secretary, Licensing Committee,
Eastern Counties

1823
VICTORIA
NOTICE is hereby given that a notification in writing has this
day been lodged with me the undersigned Secretary of the
Licensing Committee for the Licensing District of the County
of Victoria, Princes Town by Abrihim Baksh, Proprietor of
Piparo, that it is his intention to apply to the Licensing
Committee at Princes Town Magistrate's Court, on MONDAY
THE 28TH DAY OF JULY, 1969, at 9.00 o'clock in the forenoon
for a transfer of the Licence to carry on the trade of a Spirit
Retailer with respect to premises at Piparo to other premises
situate at Piparo, Pascal Road Junction.

Dated this 7th day of July, 1969, at the Princes Town
Magistrate's Court.
A. V. PREMDAS
Secretary, Licensing Committee,
Victoria, Princes Town

1824
NOTICE .is hereby given that a notification in writing has this
day been lodged with me the undersigned Secretary of the
Licensing Committee for the Licensing District of the County
of Victoria, San Fernando by Jaitoon Ali, Proprietress of
Ramnanan Street, Marabella, the person beneficially entitled
to the business of Shaffit Ali, Deceased, that it is her intention
to apply to the Licensing Committee at San Fernando Magis-
trate's Court, on THURSDAY THE 31ST DAY OF JULY, 1969,
at 9.00 o'clock in the forenoon for a transfer to her of the
Licence to carry on the trade of a Spirit Retailer now held by
Shaffit Ali (Deceased) in respect of premises situate at Ram-
nanan Street, Marabella.

Dated this 15th day of July, 1969.

R. RAMKHALAWAN
Secretary, Licensing Committee

1825
TOBAGO
NOTICE is hereby given that a notification in writing has this
day been lodged with me the undersigned Secretary of the
Licensing Committee for the Licensing District of Tobago,
Scarborough Area by Zena George, Proprietress of Patience
Hill, Tobago, that it is her intention to apply to the Licensing
Committee at the Scarborough Magistrate's Court, on TUESDAY
THE 29TH DAY OF JULY, 1969, at 9.00 o'clock in the forenoon
for a transfer to her of the Special Restaurant Licence in
respect of premises situate at Patience Hill, Tobago, by
reason of the death of the present holder, Leonard George.

Dated this 10th day of July, 1969, at the Scarborough
Magistrate's Court.
CLOYDE JACK
Secretary, Licensing Committee,
Tobago


1826
SPECIAL LICENSING SESSION
(Liquor Licences Ordinance, 1955)


PORT-OF-SPAIN
NOTICE is hereby given that by lawful authority under the
provisions of the Liquor Licences Ordinance, 1955, section 18,
the Licensing Committee for the Licensing District of St. George
West has appointed THURSDAY THE 7TH DAY OF AUGUST,
1969, at 1.30 o'clock in the afternoon at the Port-of-Spain
Magistrate's Court as the day, hour and place at which a
Special Session will be held to hear and determine the
application of Coobair, a proprietor residing at 49, Aranguez
Main Road, San Juan, for a Certificate authorizing him to
carry on the business of a Spirit Retailer jn respect of premises
situate at 54, Aranguez Main Road, San Juan.

Dated this 8th day of July, 1969 at the Port-of-Spain
Magistrate's Court.

A. J. KARAMATH
Secretary, Licensing Committee,
St. Georee West


1827

LICENSING SESSIONS
(Liquor Licences Ordinance, No. 27 of 1955)


CHAGUANAS
NOTICE is hereby given that the Licensing Committee for the
County of Caron has appointed FRIDAY THE 19TH DAY OF
SEPTEMBER, 1969, at 9.00 o'clock in the forenoon at the
Chaguanas Magistrate's Court as the day, hour and place at
which a Session will be held for the granting of Certificates
for the issue of Licences in the Chaguanas-Cunupia Licensing
Area for the remaining portion of the year ending 31st March,
1970, in pursuance of the Liquor Licences Ordinance, No. 27
of 1955.

All applications for such certificates must be made in
triplicate on the prescribed form and be accompanied by a plan
of the premises .in respect of which the application is being
made and the prescribed fee of Five dollars ($5.00) and reach
the Secretary, Licensing Committee, Chaguanas, on or before
29th August, 1969.

Dated at Chaguanas Magistrate's Court this 14th day of
July, 1969.

FAZAL K. HOSEIN
Secretary, Licensing Committee,
Chaguanas


1828

(Sale of Produce Ordinance, Ch. 23. No. 18)

NOTICE is hereby given that the undersigned Magistrate has
appointed FRIDAY THE 19TH DAY OF SEPTEMBER, 1969, at 9.00
o'clock in the forenoon at the Chaguanas Magistrate's Court
as the day, hour and place at which a Session will be held
for the granting of Licences as Dealers in Licensable Produce
for the Chaguanas-Cunupia Licensing Area for the year ending
31st December, 1969 in pursuance of the Sale of Produce
Ordinance, Ch. 23. No. 18.

All applicants for such Licences must be in writing and
addressed to the Magistrate, Chaguanas, and reach him on
or before 5th September, 1969.

Dated at Chaguanas Magistrate's Court this 14th day of
July, 1969.

LIONEL HOLDER
Magistrate, County Caroni,
Chaguanas


GOVERNMENT PRINTER, TRINIDAD, TRINIDAD AND TOBAGO-1969


r "''L' '' '-Y~k~*"i~~ ';~ ^~ : "~'~ '~YU'~ ' "~"I







Supplement to the "Trinidad and Tobago Gazette", Vol. 8, No. 70, 17th July, 1969 231

GOVERNMENT NOTICE NO. 105

TRINIDAD AND TOBAGO

THE AGRICULTURAL DEVELOPMENT BANK ACT, 1968

RULES

MADE UNDER SECTIONS 27 AND 33 OF THE AGRICULTURAL DEVELOPMENT
BANK ACT, 1968

THE AGRICULTURAL DEVELOPMENT BANK RULES, 1969

1. These Rules may be cited as the Agricultural Development Bank Citation
Rules, 1969.

2. In these Rules- Definitions
"the Act" means the Agricultural Development Bank Act, 1968;
"the Bank" means the Agricultural Development Bank of Trinidad
and Tobago established under section 4 of the Agricultural Act No. 3
Development Bank Act; of 1968
"the Board" means the Board of Directors of the Bank;
"the Minister" means the Minister responsible for the subject of
Agriculture;
"ordinary resolution" means a resolution passed by a simple majority;
"the Regulations" means the Agricultural Development Bank
Regulations, 1968;
"share"' means share in the share capital of the Bank.


PART I

MANAGEMENT OF BANK, FUNCTIONS AND POWERS OF THE
BOARD, AND GENERAL PROVISIONS

3. The Bank's seal shall be authenticated by the signature of the Chairman Seal
of the Board or in his absence the acting Chairman.

4. The Bank shall apply its funds for the following purposes: Applica-
tion of
(a) the payment of salaries, fees, remuneration and other allowances funds
of the officers and servants of the Bank;
(b) payment of interest on sums borrowed by the Bank or other
credits and repayments of such sums;
(c) payment of interest on sums deposited under the terms of section
34 (a) of the Act;
(d) the making of loans and advances under terms of the Act;







232 Agricultural Development Bank Rules, 1969

(e) the payment of rates, taxes, insurance premiums and other
outgoings and of expenses of maintenance and disposal in con-
nection with lands, buildings or other properties which become
vested in the Bank;
(f) any overdraft at a commercial or other Bank at which the Bank
may have an account;
(g) the payment of all other sums and expenses authorized by or
incidental to operations under the Act.

Financial 5. (1) Every sum payable to the Bank shall be collected and received
procedure for and on account of the funds of the Bank and a receipt for any sum paid
to the Bank may be signed by an officer of the Bank authorised by the Board
generally or specially in that behalf.
(2) All payments out of the funds of the Bank shall be made by
officers of the Bank authorised by Resolution of the Board generally or specially
in that behalf.

(3) Officers of the Bank generally or specially authorised in that behalf
by Resolution of the Board may retain in their hands sums as may be specified
in that Resolution to meet petty disbursements or for immediate payments.
(4) Cheques on any banking account of the Bank shall be signed and
countersigned by such officers of the Bank as may be generally or specially
authorised in that behalf by Resolution of the Board.

Procedure 6. In pursuance of the powers conferred by subsection (5) of section 13
at Board of the Act the following Rules shall apply:-
meetings
(a) the chairman, or in his absence the acting chairman, shall preside
at all meetings of the Board; and in the absence of both the
chairman and the acting chairman, the members present at a
meeting shall elect one of their members to preside at that
meeting;
(b) the decisions of the Board shall be by a majority of votes;
(c) every decision of the Board shall be taken at a meeting or, in
cases in which the chairman so directs, by the recording of the
opinions of members on papers circulated among them and, where
papers are circulated, the chairman may direct that the papers
be not circulated to any member who through interest, illness,
absence from Trinidad and Tobago or otherwise is, in the opinion
of the chairman, incapacitated from voting on such papers;
(d) minutes in proper form of each meeting shall be kept by the
secretary and shall be confirmed by the Board and signed by
the chairman or other member presiding;
(e) so long as Government holds a controlling interest in the Bank
a certified copy of the minutes of every meeting when confirmed
shall be forwarded to the Minister;
(f) the provisions of these Rules that apply to general meetings shall
where the Board thinks fit be applied mutatis mutandis to
meetings held by the Board.







Agricultural Development Bank Rules, 1969 33

7. The Board may, by Resolution delegate to any of its members or to Delegation
any officer or officers of the Bank such of its powers and duties as it deems of powers of
expedient so to do. the Board

8. The Board may at any time after the approval of a loan or advance Cancella-
and before the actual payment of the money and without assigning any reason tion or
therefore, cancel or modify its approval and withhold payment of the whole io of-
or a portion of the money, or modify the approval of such terms and conditions Approval
including those in respect of the interest payable as it thinks fit. of loan

9. (1) The Board may, in arriving at the valuation of any lands offered Determin-
as security for a loan or advance under the provisions of the Act, procure vmg the
information on statutory declaration concerning such lands and determine of property
such valuation on the basis of revenue, productive capacity, or acreage, among
other factors having regard to such information.

(2) The Board may nominate or appoint a Valuation Authority for
the purposes of paragraph (1).

10. (1) The Board or such officers as are authorised under the Act to Require-
approve loans may require a surety in respect of any loan and such surety shall ment for
be a party to an instrument of charge required under the terms of the Act to surety
secure such loan and shall be jointly liable with the borrower for repayment
of the principal sum advanced with interest thereon or any outstanding part
thereof.

(2) The Board may require the surety to furnish to its satisfaction Proof as to
proof as to his means in the manner and to the extent it deems necessary, so means of
as to ensure that such loan is adequately secured. surety

11. The Governor-General may, on the application of any member of Leave of
the Board grant to such member leave of absence for any period not exceeding members
of the
six months. Board

12. A member of the Board or an employee or servant of the Bank shall Board
not become a borrower from the Bank, except with the prior approval of the member or
Minister. servant of
the Bank
not to
borrow
from Bank
without
Minister's
approval
13. Subject to the provisions of subsection (3) of section 14 of the Act, General
any person who is appointed to the post of General Manager should render Manager
to render
full-time service and should not engage in any other business except with the full-time
prior permission of the Board. service

14. The exercise of authority by the branch managers may be limited Supervision
of authority
by the General Manager for good reason during a training period and until of branch
he considers the branch manager fully competent to exercise the powers manager
granted to him under the Act. train
period







234 Agricultural Development Bank Rules, 1969

Rules for 15. In furtherance of the objects stated in section 6 of the Act, the policy
carrying of the Bank shall be as follows:-
out objects
of the Bank (a) to increase the total productive investment in Agriculture both
in real terms and in comparison with investments in other sectors
of the economy;
(b) to increase the productivity of the individual farmer and his
actual production of the commodities most needed in the national
economy;
(c) to increase the level of employment and earnings among farmers
and fishermen with consequent improvement in their levels of
living;
(d) to provide both credits and technical assistance in the proportions
necessary to the achievement of these ends.

Terms and 16. (1) Notwithstanding anything to the contrary contained in these
conditions Rules, the Bank may demand from a borrower to whom it proposes to make
of loan a loan or advance whether on the security or by way of mortgage, charge,
assignment or policy, agreement, Bill of Exchange, promissory note or howso-
ever otherwise the loan or advance may be secured or made, on a stated day,
the principal moneys of such loan or advance with interest thereon in the
meantime at a stated rate and thereafter, if and as long as th6 principal moneys
or any part of such loan or advance remains unpaid to demand and receive
interest thereon, at the stated rate by either equal monthly, quarterly, semi-
annual or annual payments, the first thereof to be made at the end of one,
three, six or twelve calendar month or months, as the case may be, accordingly.

Amortiza- (2) (a) Subject as otherwise expressly provided in the Act, a loan
tion or advance made by the Bank to a borrower may carry interest at a rate
stated, per annum, as may be determined by the Board in the manner provided
by paragraph (1) of this rule provided that the loan or advance may be made
by the Bank to a borrower subject to a provision of the repayment of the said
loan or advance on an amortization plan by means of a fixed number of
monthly, quarterly, semi-annual or annual instalments, sufficient to cover the
interest on the loan or advance and such amounts to be applied towards the
principal as will extinguish the debt within the agreed period of not more
than thirty years.
(b) Notwithstanding the provisions of these Rules, the borrower
may at any time or times pay off all or any part of the principal money for
the time being owing on any loan or advance, provided that upon such pay-
ment the interest on the whole principal money for the time being owing
computed to the end of the current month be fully paid and that interest
shall thereafter be payable by the borrower on so much only of the said
principal money as remains unpaid after such payment.
(c) The Bank may-
(i) at any time accept payment of the whole or any part of
the amount representing the principal of a loan or advance
and interest thereon computed to the end of the current
month or any fixed sum or payment of the principal of
a loan or advance and interest thereon on an amortiza-
tion plan, before the time when such payment is due,








Agricultural Development Bank Rules, 1969 235

(ii) if payment of any principal sum is made after the date
for payment expressed in the amortization plan require
that interest shall be paid on such outstanding principal
sum up to the time of payment or on such terms and
conditions as the Bank may think fit.

17. Where a loan is made to an Agricultural Credit Society or to an Loans to
Agricultural Co-operative Society- Agricultural
Credit
(a) the loan may be made repayable by instalments in such sums Society
and at such times as the Bank may determine;
(b) the society and the Bank shall enter into an agreement for the
repayment of the loan and the payment of interest thereon in
the form set out in the First Schedule to the Regulations made
under the Act.

18. Every loan with interest at the prescribed rate shall be repaid by the Repayment
borrower to the Bank within such term of years as is agreed upon by the by half-
borrower and the Bank by payment on the 30th June or on 31st December talments
in each year or on both such dates of instalments consisting partly of principal
and partly of interest.

19. If any borrower shall make default in the repayment of any loan Enforcement
made to him for any of the purposes specified in the Act, the Bank may take of loan
such action as may be specified in the charge securing such loan or as may repayment
by law be taken by a mortgagee.

20. The Bank shall keep adequate financial and statistical records, books Books and
and other documents to record in detail all transactions taking place records
at the head office and branch offices.

21. All transactions or dealings with shares under the Act shall be effected Forms for
by such forms as may be prescribed by the Board. dealing in
shares


PART II

GENERAL MEETINGS OF SHAREHOLDERS OF THE BANK

Terms and Conditions of Employment
22. (1) An Ordinary General Meeting of Shareholders of the Bank called Annual
the Annual General Meeting shall be convened once in every year at such General
place and at such time as may be specified by the Board. In default of such Meeting
General Meeting being so held, it shall be held in the month next following,
and may be convened in the same manner as Meetings of the Board under
section 13 of the Act.
(2) The Board may whenever it thinks fit convene any other General Extra-
Meeting to be called an Extraordinary General Meeting, and such Meetings ordinary
shall also where Government no longer holds a controlling interest in the Bank Meeting
be convened on the requisition of holders of one tenth of the paid-up capital
of the Bank and if the Board does not within two months of the deposit of such
a requisition convene such Meeting the requisitionists may thereafter convene
it themselves.








236 Agricultural Development Bank Rules, 1969

Notice of 23. (1) An Annual General Meeting shall be called by giving at least
Meetings fourteen days' notice in writing and an Extraordinary General Meeting shall
be called by giving at least twenty-eight days' notice in writing. The notice
shall specify the place, the day and the hour of meeting and in case of special
business, it is sufficient if the general nature of that business be expressed
and notice shall be deemed to be served by the Bank to a member on the date
it was posted to him or to his registered address or if he has no registered
address within Trinidad and Tobago, to the address supplied by him to the
Bank for this purpose or in such other manner, if any, as may be prescribed
by the Board, or on the date it was given to him personally.
(2) The accidental omission to give notice of a meeting to, or the
non-receipt of a notice of a meeting by a member shall not invalidate the
proceedings at any meeting.

Notice in 24. A shareholder who desires to bring forward any matter for discussion
writing of at an Annual General Meeting shall give notice thereof in writing to the
matter Secretary of the Board at least seven days before the date fixed for such
brought
forward by meeting.
shareholder
for
discussion
Business at 25. The chairman shall at the Annual General Meeting present the Annual
Annual Report and review the affairs and operation of the Bank during the preceding
General financial year. The Financial Statement, the Audited Accounts of the Bank
Meeting and the Auditors Report shall also be presented to the meeting.

Special 26. At an Extraordinary General Meeting any business may be transacted
business at and all business shall be deemed special that is transacted at such meetings
Extra- with the exception of declaring a dividend, the consideration of the accounts
Meeting balance sheets, and the ordinary report of the Board of Directors and the
auditors the election of Board members and other officers.

Chairman of 27. The Chairman of the Board of Directors shall preside as Chairman
Annual and at every Annual General Meeting and Extraordinary General Meeting of the
Extra- Bank and if there is no such Chairman, or in his absence or inability to act
ordinary or if he is not willing to act as Chairman, any member of the Board chosen
General
Meetings by Board members present may do so or failing this the members present
shall choose someone of their number to be Chairman.

Conduct of 28. (1) The decision of the Chairman on all points of order or concerning
Meetings the interpretation of any part of these Rules shall be final and conclusive at
any Annual General or Extraordinary General Meeting over which he is
presiding.
(2) No motion may be debated unless and until it has been moved
and seconded by two shareholders.

(3) All speeches shall be strictly limited to moving or supporting or
opposing a motion or an amendment regularly before the meeting or to a
point of order and shall be addressed to the Chairman of the Meeting.

(4) No shareholder shall be allowed to speak on any question after
it has been put to the Meeting for a vote to be taken thereon.








Agricultural Development Bank Rules, 1969 23X

(5) It shall be the duty of the Chairman to preserve order and to
see that procedures are regularly conducted and he may warn any shareholder
disturbing the good order of the Meeting and if that shareholder persists in so
doing the Chairman may require him to withdraw from the Meeting.

29. (1) No business shall be transacted at any General Meeting unless a Quorum
quorum of members is present at the Meeting when the Meeting proceeds to
business; save as herein otherwise provided twenty members personally present
shall be a quorum.
(2) If within half an hour from the time appointed for the meeting
a quorum is not present, the meeting, if convened upon the requisition of
members, shall be dissolved; in any other case it shall stand adjourned to
the same day in the next week, at the same time and place, and if at the
adjourned meeting a quorum is not present within half an hour from the time
appointed for the meeting the members present shall be a quorum.
(3) The Chairman may, with consent of any meeting at which a
quorum is present (and shall if so directed by the meeting) adjourn the meeting
from time to time but no business shall be transacted at an adjourned meeting
other than the business left unfinished at the meeting from which the
adjournment took place.

30. (1) At any General or Extraordinary General Meeting a resolution Manner of
put to the vote of the meeting shall be decided on a show of hands, unless voting
a poll is (before or on the declaration of the result of the show of hands)
demanded by at least three members present in person or by proxy entitled
to vote or by one member or two members so present and entitled, if that
member or those two members so present and entitled, together hold not less
than fifteen per cent of the paid-up capital of the Bank unless a poll is so
demanded, a declaration by the Chairman that a resolution has, on a show of
hands, been carried, or carried unanimously, or by a particular majority or
lost, and an entry to that effect in the book of proceedings of the Bank, shall
be conclusive evidence of the fact without proof of the number or proportion
of the votes recorded in favour of, or against, that resolution.
(2) If a poll is duly demanded it shall be taken in such manner as
the Chairman directs, and the result of the poll shall be deemed to be the
resolution of the meeting at which the poll was demanded.
(3) In case of an equality of votes, whether on a show of hands or
on a poll, the Chairman of the meeting at which the show of hands takes
place or at which the poll is demanded, shall be entitled to a second or
casting vote.
(4) A poll demanded on the election of a Chairman or on a question
of adjournment shall be taken forthwith. A poll demanded on any other
question shall be taken at such time as the Chairman of the meeting directs.
(5) On a show of hands every member present in person shall have
one vote. On poll every member shall have one vote for each share of which
he is the holder.
(6) In the case of joint holders the vote of the senior who tenders
a vote, whether in person or by proxy, shall be accepted to the exclusion of
the votes of the other joint holders and for this purpose seniority shall be
determined by the order in which the names stand in the register of members.








238 Agricultural Development Bank Rules, 1969

(7) No member shall be entitled to vote at any General or Extra-
ordinary General Meeting unless all calls or other sums payable up to date
of such meeting by him in respect of shares in the Bank have been paid.
(8) On a poll votes may be given either personally or by proxy.

Proxy 31. (1) The instrument appointing a proxy shall be in writing under the
hand of the appointor or of his attorney duly authorised by deed or, if the
appointor is a corporation, either under seal or under the hand of an officer
or attorney duly authorised. A proxy shall be a shareholder of the Bank.
The Minister may appoint a representative not being a shareholder to be a
proxy and he shall be entitled to demand a poll and on such poll he shall be
entitled to a vote for every share of which Government is the holder.
(2) The instrument appointing a proxy and the power of attorney
or other authority, if any, under which it is signed or a notarially certified
copy of that power or authority shall be deposited at the Bank not less than
forty-eight hours before the time for holding the meeting or adjourned meeting
at which the person named in the instrument proposes to vote, and in default
the instrument of proxy shall not be treated as valid.
(3) An instrument appointing a proxy may be in the following form
or any other form which the Board shall approve-
AGRICULTURAL DEVELOPMENT BANK OF TRINIDAD
AND TOBAGO

"I .......................... .... .. of............ ........... ......
being a member of the Agricultural Development Bank of Trinidad
and Tobago, hereby appoint .............................................
of.................................... also a member thereof as my proxy
to vote for me and on my behalf at the (Ordinary or Annual or
Extraordinary as the case may be) General Meeting of the Bank to
be held on the ........................day of ..............................19......

Signed this .................... day of............... ......... 19......"

(4) The instrument appointing a proxy shall be deemed to confer
authority to demand or join in demanding a poll.

PART III
SHARES IN THE BANK
Issue of 32. (1) For the purposes of section 30 (1) of the Act the Bank shall issue
statement of a statement or prospectus or other invitation offering to the public the sale
prospectus of shares in the Bank.
(2) Such statement or prospectus shall contain such information and
particulars as the Board may by Resolution determine.
(3) The Board may, before the issue of shares to the public, authorise
that a specified number of shares in the Bank or such less number as are not
taken up by the public by way of subscription be underwritten on such terms
and conditions as may be agreed.
(4) The Board may if necessary employ a reputable and independent
broker or other person or body on such terms, as it may think fit, to procure
such underwriting.








Agricultural Development Bank Rules, 1969 239

33. (1) An application for shares in the Bank shall be made in writing Application
in the form prescribed and if accepted a letter of allotment of shares shall be for shares
sent to the applicant.
(2) The allotment shall be made by the Board and shall be effected Allotment
by a letter of allotment containing such provisions including those in respect of shares
of payment and registration of the allottee as the Board may direct.
(3) The post shall be the recognized mode of communication of the Post
acceptance or allotment of shares.
(4) Returns of allotment shall be prepared in such manner and within Return of
such period or periods as the Board may direct and may contain such par- allotment
ticulars as the Board may determine including those in respect of the number
and nominal amount of shares, the names and addresses of allottees and the
amounts paid on such share.

34. The Board may if it deems necessary limit the number of shares Power of
issued to any member or to members generally. Board
to limit
number of
shares to
individual
members
35. The Bank may, if it deems appropriate in consequence of a demand Share
by the public for shares or for expressed reasons issue shares at a premium premium
and the premiums from such an issue must be transferred to an account called a
"the Share Premium Account".

36. Any share or shares may be issued by the Board on the terms that Redeemable
they are, or at the option of the Bank are liable, to be redeemed on such terms preference
and in such manner as the Board may by Resolution determine: Provided, areas
however, that shares so issued can only be redeemed-
(a) if they are fully paid;
(b) out of the profits available for dividend;
(c) out of a fresh issue of shares made for the purpose of redeeming
them.

37. (1) The Bank shall keep an indexed register of shareholders Register of
containing- shareholders
(a) the names and addresses of the shareholders;
(b) a statement of the shares held by such shareholder, distinguishing
each share by its number (if it has one) and the amount paid
(or considered as paid) on the shares of each shareholder;
(c) the date at which any person was entered in the register as a
shareholder and the date at which any person ceased to be a
shareholder.
(2) The register is prima facie evidence of any matter contained in
in, but if may be rectified by the Board on application in writing of any
aggrieved shareholder affected by its provisions.

38. (1) Any share in the Bank may be issued with such preferred, Regulating
deferred or other special rights as the Board may think fit. the rights of
shareholders







240 Agricultural Development Bank Rules, 1969

(2) Without prejudice to any special rights conferred on the holders
of any shares .or class of shares, any share in the Bank may be issued subject
to such terms and conditions as the Board may from time to time by ordinary
resolution determine.
(3) The holder of every share shall have the right to attend and vote,
or to appoint a proxy to attend and vote at a general meeting, to be issued
with a share certificate under seal, to transfer his shares and be entitled to
proper notice of calls and forfeiture of his shares and to dividends which have
been declared for payment.
No notice 39. No person shall be recognized by the Bank as holding any share upon
of trust any trust, and the Bank shall not be bound by or be compelled in any way
equitable to recognize even thereof any equitable, contingent, future or partial interest
partial in any share or any interest in any fractional part of a share or any other
interest in rights in respect of any share except an absolute right to the entirety thereof
share in the registered holder of the share.
Share 40. Every share certificate shall specify the share or shares held by the
certificate holder thereof and the amount paid up thereon, but in respect of a share or
shares held jointly by several persons the Bank shall not be bound to issue
more than one certificate, and delivery of a certificate for a share to one of
several joint holders shall be sufficient delivery to all such holders.
Lien 41. (1) The Bank shall have a lien on all shares which are not fully paid
for moneys due from the shareholder to the Bank in respect of the shares.
(2) The lien may be enforced by the Bank as follows-
(a) by withholding dividends on the shares;
(b) by declining to register any transfer of the shares;
(c) by selling the shares;
(d) in pursuance thereof the Bank may enforce the lien by
selling in such manner as the Board think fit, any shares
on which the Bank has a lien, but no sale shall be made
unless a sum in respect of which the lien exists is due
and payable, nor until the expiration of fourteen days
after a notice in writing, stating and demanding payment
of such part of the amount in respect of which the lien
exists as is due and payable, has been given to the regis-
tered holder for the time being of the share, or the person
entitled thereto by reason of his death or bankruptcy;
(e) to give effect to any such sale the Board may authorise
'some person to transfer the shares sold to the purchaser
thereof. The purchaser shall be registered as the holder
of the shares comprised in any such transfer, and he
shall not be bound to see to the application of the pur-
chase money, nor shall his title to the shares be effected
.. . ..by any irregularity or invalidity in the proceedings in
reference to the sale;
(f) the proceeds of the sale shall be received by the Bank and
applied in payment of such part of the amount in respect
of which the lien exists as is due and payable, and the
residue, if any, shall, subject to a like lien for sums not
presently payable as existed upon the shares before the
Sale, be paid to the person entitled to the shares at the
date of the sale.








Agricultural Development Bank Rules, 1969 24

42. (1) The Board may from time to time make calls upon the members Calls
in respect of any moneys unpaid on their shares, provided that no call shall
exceed one-fourth of the nominal value of the shares or be payable at less
than one month from the date fixed for the payment of the last preceding call,
and each member shall, subject to receiving at least fourteen day's notice
specifying the time or times and place of payment, pay to the Bank at the
time or times and place so specified the amount called on his shares. A call
may be revoked or postponed as the Board may determine.

(2) A call shall be deemed to have been made at the time when the
resolution of the Board authorising the call was passed.

(3) The joint holders of a share shall be jointly and severally liable
to pay all calls in respect thereof.
(4) If a sum called in respect of a share is not paid before or on the
day appointed for payment thereof, the person from whom the sum is due
shall pay interest on the sum from the day appointed for payment thereof
to the time of actual payment at such rate not exceeding six per cent per
annum but the Board shall be at liberty to waive payment of such interest
wholly or in part.
(5) Any sum which by terms of issue of a share becomes payable
on any fixed date, whether on account of the nominal value of the share or
by way of premium, shall for the purposes of these Rules be deemed to be a
call duly made and payable on the date on which by the terms of issue the
same becomes payable, and in case of non-payment all the relevant provisions
of these Rules as to payment of interest and expenses, forfeiture or otherwise
shall apply as if such sum had become payable by virtue of a call duly made
and notified, subject to the provision of the Act.

(6) The Board may not, on issue of shares, distinguish between the
holders as to the amount of calls to be paid and the times of payment, unless
an express arrangement to that effect has been made in writing.

(7) The Bank may, if it thinks fit, receive from any member willing
to advance the same, all or any part of the moneys uncalled and unpaid upon
any shares held by him.

43. (1) The instrument of transfer of any share shall be executed by Transfer of
or on behalf of the transferor and transferee, and the transferor shall be share
deemed to remain a holder of the share until the name of the transferee is
entered in the register of members in respect thereof.
(2) Subject to the provisions of the Act shares shall be transferred
in the form, specified herein or in any usual or common form which the Board
shall approve:-

"I, A.B., of in consideration of the sum of
Dollars ($ ) paid to me by C.D., of
(hereinafter called "the said transferee") do hereby transfer to
the said transferee the shares numbered in the
Agricultural Development Bank of Trinidad and Tobago to
hold unto the said transferee subject to the several conditions on







242 Agricultural Development Bank Rules, 1969

which I hold the same; and I, the said transferee, do hereby
agree to take the said shares subject to the terms and conditions
aforesaid. As witness out hands the
day of 19


Witness to Signature Transferor


..... ................... .. ... ........... .................
Witness to Signature Transferee"

(3) The directors may decline to recognize any instrument of transfer
unless:-
(a) the instrument of transfer is accompanied by the certificate
of the shares to which it relates; and
(b) such other evidence as the Board may reasonably require
to show the right of the transferor to make the transfer.
(4) Registration of a transfer approved by the Board shall not require
payment of any stamp duty.
(5) If the Board refuses to register a transfer of any shares, it shall
within two months after the date on which the transfer was lodged or within
seven days of the next board meeting of the bank send to the transferee notice
of the refusal.
-- (6) The registration of transfers may be suspended during the
fourteen days immediately preceding the ordinary general meeting in each
year at such times and for such periods as the Board may from time to time
determine, provided always that such registration shall not be suspended for
more than thirty days in any year.

Transmis- 44. (1) In the case of death of a member the survivor or survivors where
sion of the deceased was a joint holder, and the legal personal representatives of the
shares on deceased where he was a sole holder, shall be the only persons recognized by
the death the bank as having any title to his interest in the shares; but nothing herein
of a holder
or joint contained shall release the estate of a deceased joint holder for any liability
holder '.'in respect of any share which had been jointly held by him with other persons.
(2) Any person becoming entitled to a share in consequence of the
death or bankruptcy of a member shall, upon the production to the satisfaction
of the bank of such evidence as it may require, have the right, either to be
registered himself or to have such transfer of the share made.as the deceased
or bankrupt person could have made; but the Board shall in either case have
the same right to decline or suspend registration as they would have had in
the case of a transfer of the share by the deceased or bankrupt person before
the death or bankruptcy.
(3) All the limitations, 'restrictions and provisions of these Rules
relating to the right to transfer and the registration of transfers of shares shall
be applicable to any such transfer as aforesaid as if the death or bankruptcy
of the member had not occurred and transfer were a transfer signed by that
imember-








Agricultural Development Bank Rules, 1969 243

(4) A person becoming entitled to a share by reason of the death or
bankruptcy of the holder shall be entitled to the same dividends and other
advantages to which he would be entitled if he were the registered holder of
the share, except that he shall not, before being registered as a member in
respect of the share, be entitled in respect of it to exercise any right conferred
by membership in relation to meetings of the bank.
(5) Provided always that the Board may at any time, give notice
requiring any such person to elect either to be registered himself or to transfer
the share, and if the notice is not complied with within ninety days, the Board
may thereafter withhold payment of all dividends, bonuses or other moneys
payable in respect of the share until the requirements of the notice have-been
complied with.

45. (1) If a member fails to pay any call or instalment of a call on the Forfeiture
day appointed for payment thereof, the Board may, at any time thereafter of shares
during such time as any part of the call or instalment remains unpaid, direct
service of a notice on him requiring payment of so much of the call or instalment
as is unpaid, together with any interest if any which may have accrued.
(2) The notice shall name a further day (not earlier than the
expiration of fourteen days from the date of the notice) on or before which
the payment required by the notice is to be made, and shall state that in the
event of non-payment at or before the time appointed the shares in-respect
of which the call was made will be liable to be forfeited.
(3) If the requirements of any such notice as aforesaid are not
complied with, any share in respect of which the notice has been given may
at any time thereafter, before the payment required by the notice has.been
made, be forfeited by a resolution of the Board to that effect.
(4) A forfeited share may be sold or otherwise disposed of on such
terms and in such manner as the Board may think fit, and at any time before
a sale or disposition the forfeiture may be cancelled on such terms as the
Board think fit.
(5) A person whose shares have been forfeited shall cease to be a
member in respect of the forfeited shares, but shall, notwithstanding, remain
liable to pay to the Bank all moneys which, at the date of forfeiture, were
payable by him to the Bank in respect of the shares, but his liability shall
cease if and when the Bank shall have received payment in full of all such
moneys in respect of the shares.
(6) A statutory declaration in writing that the declarant is a Director
or the Secretary of the Bank, and that a share in the bank has been duly
forfeited on a date stated in the declaration, shall be conclusive evidence of
the facts therein stated as against all persons claiming to be entitled to the
share. The Bank may receive the consideration, if any, given for the share
on any sale or disposition thereof and may execute a transfer of the share
in favour of the person to whom the share is sold or disposed of and he shall
thereupon be registered as the holder of the share, and shall not be bound
to see to the application of the purchase money, if any, nor shall his title to
the share be affected by any irregularity or invalidity in the proceedings, in
reference to the forfeiture, sale or disposal of the share.







244 Agricultural Development Bank Rules, 1969

(7) The provision of these Rules as to forfeiture shall apply in the
case of non-payment of any sum which, by the terms of issue of a share,
becomes payable at a fixed time, whether on account of the nominal value
of the share or by way of premium, as if the same had been payable by virtue
of a call duly made and notified.
Conversion 46. (1) The Board may by ordinary resolution convert any paid-up
ofshares shares into stock, and reconvert any stock into paid-up shares.
into stock
(2) The holders of stock may transfer the same, or any part thereof,
in the same manner, and subject to the same rules and regulations, as the
subject to which the shares from which the stock arose might previously to
conversion have been transferred, or as near thereto as circumstances admit;
and the Board may from time to time fix the minimum amount of stock
transferable but so that such amount shall not exceed the nominal amount
of the shares from which the stock arose.
(3) The holders of stock shall, according to the amount of stock
held by them, have the same rights, privileges and advantages as regards
dividend, voting at meetings of the Bank and other matters as if they held
the shares from which the stock arose, but no such privilege or advantage
(except participation in the dividends and profits of the Bank) shall be
conferred by an amount of stock which would not, if existing in shares, have
conferred that privilege or advantage.
(4) Such of the Rules and Regulations as are applicable to paid-up
shares shall apply to stock, and the words "share" and "shareholder" therein
shall include "stock" and "stockholder".
Alteration 47. (1) The Board may vary the authorised share capital of the Bank
of capital with approval of the Minister by Resolution of the Board at any meeting
prescribed by the Act. At least fourteen days' notice in writing of such meeting
shall be given and such notice shall specify the nature of the business to be
transacted at such meeting. Any such resolution may be rendered invalid by
default in service of the notice calling the meeting unless members not served
waive service of the notice.

(2) On an increase the new shares shall be subject to the same
provisions with reference to the payment of calls, lien, transfer, transmission,
forfeiture, and otherwise as the shares in the original share capital.
(3) The Board may by resolution-
(a) consolidate and divide all or any of its share capital into
shares of larger amount than its existing shares;
(b) sub-divide its existing shares, or any of them into shares
of smaller amount than is fixed by the Act;
(c) Cancel any shares which, at the date of the passing of the
resolution have not been taken or agreed to be taken by
any person.

(4) The Board may before issue offer new shares to existing share-
holders at the date of the offer in proportion, as nearly as the circumstances
admit, to the amount of the existing shares to which they are entitled. The
offer shall be made by notice specifying the number of shares offered, and
limiting a time within which the offer, if not accepted, will be deemed to be








Agricultural Dbvelopment Bank, Rules, 1969 245

declined, and after the expiration of that time, or oi the receipt of an intimation
from the person to whom the offer is made that he declines to accept the shares
offered, the Board may dispose of those shares in such manner as they think
most beneficial to the Bank. The Board may likewise so dispose of any new
shares which (by reason of the ratio which the new shares bear. to shares held
by persons entitled to an offer of new shares cannot in the opinion of the
Board be conveniently offered in accordance with these Rules.
(5) The Board may by Resolution reduce its share capital and any
Capital Redemption Reserve Fund in- any manner and with and subject to
any incident authorised, and consent required, by law.

48. (1) The Bank in general meeting may declare dividends, but no Dividend
dividend shall exceed the amount recommended by the Board.
(2) The Board may from time to time pay to the members such
interim dividends as appear to the directors to be justified by the profits of
the Bank.
(3) No dividend shall be paid otherwise than out of profits.
(4) The Board may, before recommending any dividend, set aside
out of the profits of the Bank such sums as they think proper as a reserve or
reserves which shall, at the discretion of the Board, be applicable for meeting
any contigencies or for equalising dividend or for any other purpose for which
the profits of the Bank may be properly applied, and pending such application
may, at the like discretion, either be employed in the business of the Bank
or be invested in such investment (other than shares of the Bank) as the
Board may from time to time think fit. The Board may also without placing
the same to reserve carry forward any profits which they may determine not
to divide.
(5) Subject to the rights of persons, if any, entitled to shares with
special rights as to dividend, all dividends shall be declared and paid according
to the amounts paid or credited as paid on the shares in respect whereof the
dividend is paid, but no amount paid or credited as paid on a share in advance
of calls shall be treated for the purposes of this rule as paid on the share.
All dividends shall be apportioned and paid proportionately to the amount
paid or credited as paid on the shares during any portion or portions of the
period in respect of which the dividend is paid; unless any share is issued
on terms providing that it shall rank for dividend as from a particular date
when such share shall rank for dividend accordingly..
(6) The Board may deduct from any dividend payable to any member
all sums of money (if any) payable by him to the Bank on account of calls
or otherwise in relation to the shares of the Bank, or to other dealings or
transactions with the Bank, at the date of declaration of such dividend.
(7) Any general meeting declaring a dividend or bonus may direct
payment of such dividend or bonus wholly or partly by the distribution of
specific assets and in particular of paid-up shares or stock of the Bank or in
any one or more of such ways, and the Board shall give effect to such resolu-
tion and may vest any such specific assets as to it may seem expedient, in
manner aforementioned.








246 Agricultural Development Bank Rules, 1969

(8) Any dividend, interest or other moneys payable in cash in respect
of shares may be paid by cheque or warrant or other instrument sent through
the post directed to the registered address of the holder or in the case of joint
holders, to the registered address of one or more of the joint holders who
is first named on the register of members or to such person and to such
address as the holder or joint holders may in writing direct. Every such cheque
or warrant or other instrument shall be made payable to the order of the
person to whom it is sent. Any one, two or more joint holders may give
effectual receipts for any dividends, bonuses or other moneys payable in
respect of the shares held by them as joint holders and every such cheque or
warrant shall be made payable to the order of the person to whom it is sent
or to such other person as the member or person entitled or such joint holders,
as the case may be, shall direct.
(9) No dividend shall bear interest against the Bank.
Accounts 49. (1) The Board shall cause proper books of account to be kept with
respect to-
(a) all sums of money received and expended by the Bank
and the matters in respect of which the receipt and expen-
diture takes place;
(b) all dealings and transactions by the Bank; and
(c) the assets and liabilities of the Bank.
(2) The books of account shall be kept at the Bank or at such other
place or places as the Board think fit, and shall always be open to the
inspection of the Board.
(3) The Board shall from time to time determine whether and to what
extent and at what times and places and under what terms and conditions or
rules the accounts and books of the Bank or any of them shall be open to
the inspection of members, and no member (not being a director) shall have
any right of inspecting any account or book or document of the Bank except
as conferred by the Act or Regulation thereunder or other rules or authorised
by the Board.
(4) The Board shall from time to time as it may prescribe cause to
be prepared to be laid before the Bank in general meeting such profit and loss
accounts, balance sheets and reports as it may think fit.
(5) A copy of every balance sheet (including every document required
to be annexed thereto) which is to be laid before the Bank in general meeting
together with a copy of.the Auditors' Report shall not less than seven days
before the date of the meeting be sent to all persons entitled to receive notices
of general meetings of the Bank.
(6) The balance sheet must be examined by the Board and signed
by the Chairman and one other Director or board member.
(7) The books kept, the accounts, the balance sheet must give a
true and fair view of the state of affairs of the Bank and explain its
transactions.
Capitaliza- 50. (1) The Bank in general meeting may upon the recommendation of
tion of the Board resolve that it is desirable to capitalise any part of the amount for
profits the time being standing to the credit of any of the Bank's reserve accounts
or to the credit of the profit and loss account or otherwise available








Agricultural Development Bank Rules, 1969 24i

for distribution, and accordingly that such sum be set free for distribu-
tion amongst the members who would have been entitled thereto if distributed
by way of a dividend and in the same proportions on condition that the same
be not paid in cash but be applied either in or towards paying up any amounts
for the time being unpaid on any shares held by such members respectively
or paying up in full unissued shares or debentures of the Bank to be allotted
and distributed credited as fully paid up and amongst such members in the
proportion aforesaid, or partly in the one way and partly in the other, and
the Board shall give effect to such resolution.
(2) Provided that a share premium account if any and a capital
redemption reserve fund may, for the purposes of this rule, only be applied
in the paying up of unissued shares to be issued to members of the Bank as
fully-paid bonus shares.
(3) Whenever such a resolution as aforesaid shall have been passed,
the Board shall make all appropriations and applications of the undivided
profits resolved to be capitalised thereby and all allotments and issues of
fully-paid shares or debentures, if any, and generally shall do all acts and
things required to give effect thereto. The Board may have power to make
such provisions by the issue of fractional certificates or by payment in cash
or otherwise as they think fit. The Board may also authorise any person to
enter on behalf of all the members entitled thereto into an agreement with
the Bank providing for the allotment to them respectively, credited as fully
paid up, of any further shares or debentures to which they may be entitled
upon such capitalisation or (as the case may require) for the payment by the
Bank on their behalf, by the application thereto of their respective proportions
of the profits resolved to be capitalised, of the amounts or any part of the
amounts remaining unpaid on their existing shares. Any agreement made
under such authority shall be effective and binding on all such members.

Made this 24th day of February, 1969.

F. AUGUSTUS ALEXANDER
Chairman


Approved this 7th day of March, 1969.

L. MARCONI ROBINSON
Minister of Agriculture, Lands and
Fisheries


GOVERNMENT PRINTERY, TRINIDAD, TRNIDAD AND TOBAGO-1969





Publications Not Available

Supplements to
Trinidad and Tobago gazette
v.8 no.70

Bill entitled "An Act to provide for the
Incorporation of a Body to be known as "the
Incorporated Board of Trustees of St.
Anthony's College"




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