In terms of section 54 (3) of the Reserve Bank of
New Zealand Act 1989, I hereby notify my appointment
of
Dr Arthur Grimes
as a non-executive director of the Reserve Bank of
New Zealand for a 5 year term with effect on and from
13 March 2002.
Dated at Wellington this 13th day of March 2002.
DR MICHAEL CULLEN, Treasurer and Minister of Finance.