Companies Exemption Notice




No. 19
447

SUPPLEMENT
TO THE
NEW ZEALAND GAZETTE
OF
THURSDAY, 17 FEBRUARY 1983
Published by Authority

WELLINGTON: FRIDAY, 18 FEBRUARY 1983

The Companies Exemption from Prospectus Requirements
Notice 1983

PURSUANT to section 56A of the Companies Act 1955, the Minister of Justice on the recommendation of the Deputy Registrar of Companies acting pursuant to the provisions of section 4 (2) of the Companies Act 1955 hereby gives the following notice.

NOTICE

  1. This notice may be cited as the Companies Exemption from Prospectus Requirements Notice 1983.

  2. In respect of a loan to be raised by McDonald’s System of New Zealand Limited outside New Zealand during February and March 1983 by the issue of bonds amounting to not more than NZ$15,000,000 which bonds are proposed to be listed on the Luxembourg Stock Exchange, McDonald’s System of New Zealand Limited and every prospectus, report, invitation, advertisement, and other document issued or executed in connection with the raising of the loan, is hereby exempted from the requirements of sections 47 to 52, 55, 95A, and 95B of, and the Fourth Schedule to, the Companies Act 1955, subject to the following conditions:

(a) That McDonald’s System of New Zealand Limited deliver to the Registrar of Companies at Wellington within 21 days of being issued 2 copies of the Offering Circular, issued in connection with the raising of the loan.

(b) That the Registrar of Companies is satisfied that the copies of the Offering Circular are not materially different from the draft Offering Circular previously delivered to him.

(c) That McDonald’s System of New Zealand Limited does not permit any of the bonds to be offered for sale or sold in New Zealand except where it is a condition of the offer or sale that the consideration for the bonds shall be paid only from foreign currency (as defined in section 28 of the Reserve Bank Act 1964) not being foreign currency acquired with New Zealand currency for the purpose of purchasing the bonds.

  1. This notice does not limit or affect the operation of the Exchange Control Regulation 1978.

Dated at Wellington this 14th day of February 1983.

DAVID THOMSON, for Minister of Justice.

Price 30c
BY AUTHORITY: P. D. HASSELBERG, GOVERNMENT PRINTER, WELLINGTON, NEW ZEALAND—1983
94675F—83PT



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🏭 Companies Exemption from Prospectus Requirements Notice 1983

🏭 Trade, Customs & Industry
14 February 1983
Companies Act 1955, Prospectus Exemption, McDonald’s System of New Zealand Limited, Loan Raising, Bonds, Luxembourg Stock Exchange
  • David Thomson, for Minister of Justice