← Page 3591

New Zealand Gazette – 1990 – No. 170

Page 3592

Page 3593 →

✨ Membership Admission Rules

3592 NEW ZEALAND GAZETTE No. 170

Introducing Broker Member being expelled or otherwise ceasing to be an Introducing Broker Member.

```
 ADMISSION TO MEMBERSHIP
```

Trading Members

4.1 Admission as a Trading Member shall occur in the following manner:

(a) An applicant for admission as a Trading Member (in this clause 4.1 called "the Applicant") shall lodge, or caused to be lodged with the Exchange an application in such form and providing such information, as the Board may from time to time require, together with the non-refundable Trading Membership application fee prescribed by the Board. The form shall contain an acknowledgement that the Applicant has perused the Articles of Association and By-Laws of the Exchange and agrees to abide by them. The information to be provided by the Applicant shall include evidence that the Applicant has the power to carry on business as a Trading Member, and in the case of a partnership evidence that the relationship of the partners is satisfactorily defined.

(b) The Applicant shall also provide evidence that the Applicant has applied to the Clearing House for admission to membership of the Clearing House.

(c) The Board shall consider the application and may call for such further information as it considers necessary. Any meeting of the Board held for the purpose of approving an application shall only be held on notice in writing of not less than fourteen days given to all members of the Board, and any resolution approving an application for election shall require the affirmative votes of not less than seventy-five per cent of the Board members entitled to receive notice of the meeting at which the application is to be considered. The Board shall not be obliged to hear the Applicant or to furnish any reason for its decision.

(d) In determining whether to approve an application the Board shall be entitled to consider not only the character, business integrity, financial probity and trading expertise of the Applicant but also the effect of admission of the Applicant in terms of the balance, support and development of the various classes of contract, the degree of accessibility of the Market through the Applicant for both the trade and the public at large, as well as such other matters as the Board may regard as relevant from time to time. Prior to election the Board shall use its best endeavours to ascertain whether the Applicant is of good character and high business integrity.

(e) If the Board approves an Applicant for Trading Membership then it shall submit the Applicant's name for election at a general meeting of Trading Members provided that the Applicant is nominated by one Trading Member and seconded by another. The nominator and seconder shall speak to the

PDF embedding disabled (Crown copyright)

View this page online at:

VUW Te Waharoa — NZ Gazette 1990, No 170

NZLII — NZ Gazette 1990, No 170

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Admission to Membership for Trading Members (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsTrading Members, Admission, Application, Board Approval

As the Gazette has been published for more than 185 years, copyright status depends on the publication date of each issue:

1840–1925 (Public Domain): Issues of the New Zealand Gazette and Provincial Gazettes from this period are in the public domain, as the term of Crown copyright (100 years) has expired. Mechanical reproductions (e.g., scanned PDFs) of these public domain documents do not attract new copyright.
1926–1999 (Crown Copyright): Issues from this period remain subject to Crown copyright. Usage of these issues in this project is "Fair Dealing" for research purposes and consistent with the spirit of the open-access principles championed by NZGOAL, ie, "The default licensing position under ... NZGOAL is the Creative Commons Attribution 4.0 International licence ... [t]o the greatest extent possible, agencies should apply this licence to copyright material on their websites"
2000–Present (CC-BY 3.0 NZ): Gazette issues published on gazette.govt.nz are Crown copyright but are explicitly licensed by the Department of Internal Affairs under the Creative Commons Attribution 3.0 New Zealand licence (CC-BY 3.0 NZ). This project redistributes this content in accordance with those terms.

Nothing in this project is intended to infringe copyright, trademark law or personal privacy. Please contact me immediately if you have any concerns.

Third-Party Content

Where third-party content (e.g., notices submitted by external organisations) is identified within the Gazette, users should satisfy themselves regarding the copyright status of that specific content, as it may be subject to different ownership terms than the Gazette itself.

Sources and Attribution

NZ Gazette Sources

The primary sources for the issues of the NZ Gazette indexed by this project are:

New Zealand Gazette Archive, provided by Victoria University Library, copyright 2008 LexisNexis NZ Limited, Crown Copyright of New Zealand Gazette Office
- Issues from 1841-2008, including the New Munster, New Ulster, and Provincial Gazettes
New Zealand Gazettes by New Zealand Legal Information Institute (note: "NZLII is not the copyright owner in the source documents published on NZLII")
- Issues from 1913-1999
Gazette.govt.nz, Crown copyright / licensed by the Department of Internal Affairs under CC-BY 3.0 NZ
- Issues from 2000-2017

Additional Sources

Wellington City Recollect have made available a comprehensive and excellent-quality scan of the Wellington Provincial Gazette which was used to fill in a number of issues missing from Victoria University's Gazette Archive; in particular, all 1856 issues, issues 22-34 for 1864 and issues 9-19 for 1870.
27 issues of The New Zealand Advertiser and Bay of Islands Gazette (1840) were sourced from Papers Past (public domain).
Gazette Extraordinary No. 1 (1840), held at the Alexander Turnbull Library, Wellington, New Zealand. Imaged by Luke Howison at the National Library reading rooms; PDF released into the public domain.

PDF Icon

The PDF PDF Icon was made by Good Ware, CC BY-SA 4.0.

Masthead

The logo in the header is an edited version of “Winning Coat of Arms Competition Entry, 1908” by Archives New Zealand, CC BY 2.0 (found via Wikipedia).

Who made this?

I'm Luke Howison, a freelance web developer with an interest in genealogy. I have created several websites for genealogical research, such as NZ Ancestor Search Helper.