New Zealand Gazette – 1992 – No. 208

Page 4668

✨ Securities Notices



4668 NEW ZEALAND GAZETTE No. 208

Dated at Wellington this 22nd day of December 1992.

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

[L.S.]
P. D. McKENZIE, Chairman.

Explanatory Note

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

This notice, which comes into force on the date on which Aklav Number Thirty Nine Limited commences to conduct a market or exchange in New Zealand for trading in futures contracts, authorises the persons named in the First Schedule to carry on the business of dealing in futures contracts.

Section 38 of the Securities Amendment Act 1988 prohibits any person carrying on the business of dealing in futures contracts unless that person is—

(a) A member of an authorised futures exchange; or
(b) Authorised to do so by the Securities Commission.

The authorisation applies to futures contracts generally.

It is intended that Aklav Number Thirty Nine Limited will acquire the business of New Zealand Futures & Options Exchange Limited which will then cease to conduct a market or exchange for trading in futures contracts.

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Authorised Futures Exchange Notice 1992

Pursuant to section 37 (8) of the Securities Amendment Act 1988, the Securities Commission gives the following notice.

Notice

  1. Title and commencement—(1) This notice may be cited as the Authorised Futures Exchange Notice 1992.

(2) This notice shall come into force on the day after the date of its publication in the Gazette and shall continue in force until revoked by the Commission.

  1. Aklav Number Thirty Nine Limited declared to be an authorised futures exchange—Aklav Number Thirty Nine Limited is hereby declared to be an authorised futures exchange for the purposes of Part III of the Securities Amendment Act 1988.

Dated at Wellington this 22nd day of December 1992.

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

[L.S.]
P. D. McKENZIE, Chairman.

Explanatory Note

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

This notice declares Aklav Number Thirty Nine Limited to be an authorised futures exchange for the purposes of Part III of the Securities Amendment Act 1988.

Section 37 (8) of the Securities Amendment Act 1988 provides that the Securities Commission may, by notice in the Gazette, declare a body corporate that proposes to conduct a market or exchange for trading in futures contracts to be an authorised futures exchange for the purposes of Part III of that Act.

It is intended that Aklav Number Thirty Nine Limited will acquire the business of New Zealand Futures & Options Exchange Limited which is, at present, an authorised futures exchange. That company will then cease to conduct a market or exchange for trading in futures contracts.

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PUBLISHED BY AUTHORITY OF DEPARTMENT OF INTERNAL AFFAIRS
GP PRINT LIMITED, WELLINGTON, NEW ZEALAND—1992
DEPARTMENT OF INTERNAL AFFAIRS
TE TARI TAWHARAUA
ISSN 0111-5659
Price $3 (incl. GST)
37622A—92A


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✨ LLM interpretation of page content

💰 Authorised Futures Dealers Notice 1992 (continued from previous page)

💰 Finance & Revenue
22 December 1992
Securities, Futures Dealers, Authorisation, Revocation
  • P. D. McKenzie, Chairman, Securities Commission

💰 Authorised Futures Exchange Notice 1992

💰 Finance & Revenue
22 December 1992
Securities, Futures Exchange, Authorisation, Aklav Number Thirty Nine Limited
  • P. D. McKenzie, Chairman, Securities Commission