2850 NEW ZEALAND GAZETTE No. 112

Designation Under Section 6 (1) (e) of the Securities Amendment Act 1988

Pursuant to section 6 of the Securities Amendment Act 1988, the Securities Commission gives notice that East Coast Permanent Trustees Limited is hereby designated as a trustee corporation to whom paragraph (e) of subsection (1) of section 6 applies.

Dated at Wellington this 29th day of June 1989.

The Common Seal of the Securities Commission was hereto affixed in the presence of:

[L.S.]

C. I. PATTERSON, Chairman of the Commission.
au0948

Designation Under Section 6 (1) (a) of the Securities Amendment Act 1988

Pursuant to section 6 of the Securities Amendment Act 1988, the Securities Commission gives notice that BNZ Finance Limited and BNZ Finance Deposits Limited are hereby designated as persons to whom paragraph (a) of subsection (1) of section 6 applies.

Dated at Wellington this 29th day of June 1989.

The Common Seal of the Securities Commission was hereto affixed in the presence of:

[L.S.]

C. I. PATTERSON, Chairman of the Commission.
au0953

Designation Under Section 6 (1) (e) of the Securities Amendment Act 1988

Pursuant to section 6 of the Securities Amendment Act 1988, the Securities Commission gives notice that Indosuez New Zealand Nominees Limited is hereby designated as a nominee company to whom paragraph (e) of subsection (1) of section 6 applies.

Dated at Wellington this 29th day of June 1989.

The Common Seal of the Securities Commission was hereto affixed in the presence of:

[L.S.]

C. I. PATTERSON, Chairman of the Commission.
au0955

Designation Under Section 6 (1) (e) of the Securities Amendment Act 1988

Pursuant to section 6 of the Securities Amendment Act 1988, the Securities Commission gives notice that Discounters Nominees Limited, Grafton Nominees Limited, and Cambridge Nominees Limited are hereby designated as nominee companies to whom paragraph (e) of subsection (1) of section 6 applies.

Dated at Wellington this 29th day of June 1989.

The Common Seal of the Securities Commission was hereto affixed in the presence of:

[L.S.]

C. I. PATTERSON, Chairman of the Commission.
au0956

Designation Under Section 6 (1) (b) of the Securities Amendment Act 1988

Pursuant to section 6 of the Securities Amendment Act 1988, the Securities Commission gives notice that Fay, Richwhite Equities Limited is hereby designated as a person to whom paragraph (b) of subsection (1) of section 6 applies.

Dated at Wellington this 29th day of June 1989.

The Common Seal of the Securities Commission was hereto affixed in the presence of:

[L.S.]

C. I. PATTERSON, Chairman of the Commission.
au0957

Designation Under Section 6 (1) of the Securities Amendment Act 1988

Pursuant to section 6 of the Securities Amendment Act 1988, the Securities Commission gives notice that Banque Indosuez New Zealand Limited is hereby designated as a person to whom paragraph (a) of subsection (1) of section 6 applies.

Dated at Wellington this 29th day of June 1989.

The Common Seal of the Securities Commission was hereto affixed in the presence of:

[L.S.]

C. I. PATTERSON, Chairman of the Commission.
au0960

The Authorised Life Insurance Companies Notice (No. 2) 1989

Pursuant to the Securities Act 1978 the Securities Commission gives the following notice.

Notice

1. Title, commencement, and expiry

(1) This notice may be cited as the Authorised Life Insurance Companies Notice (No. 2) 1989.

(2) This notice shall come into force on the 1st day of July 1989.

(3) This notice shall expire with the close of the 30th day of September 1989.

2. Interpretation

(1) In this notice "The Act" means the Securities Act 1978.

(2) Any term or expression which is not defined in this notice, but which is defined in the Act, shall have the meaning given to it by the Act.

3. Authorised life insurance companies

Each life insurance company named in the Schedule to this notice is hereby declared to be an authorised life insurance company for the purposes of the Act in respect of all life insurance policies issued by that company.

Schedule

Authorised Life Insurance Companies

• ACL Insurance Limited
• Swann Life Insurance Limited
• Ticino Life Limited

Dated at Wellington this 29th day of June 1989.

The Common Seal of the Securities Commission was hereto affixed in the presence of:

[L.S.]

C. I. PATTERSON, Chairman of the Commission.

Explanatory Note

This note is not part of the notice, but is intended to indicate its general effect.

This notice declares each of the life insurance companies named in the Schedule to the notice to be an authorised life insurance company for the purposes of the Securities Act 1978. Section 43 (1) of the Securities Amendment Act 1988 removes, with effect from 1 July 1989, the exemption from Part II of the Securities Act 1978 applying to policies of life and endowment assurance and policies securing annuities. Section 7A of the Securities Act 1978, which comes into force on 1 July 1989, provides that nothing in sections 33 (2), 37, 37A, 38 or 51 to 54 of that Act shall apply in respect of any life insurance policy issued by an authorised life insurance company.