NEW ZEALAND GAZETTE

No. 85

1576

Banking Corporation Limited. A reference to United Bank Limited in any instrument made before the vesting day will be virtute of the Bill be read as a reference to Countrywide Banking Corporation Limited. Any guarantee given by any person to United Bank Limited, or in respect of United Bank Limited’s obligations will remain binding after the vesting day. All proceedings commenced by or against United Bank Limited before the vesting day will continue after that day in the name of Countrywide Banking Corporation Limited. Customers of and depositors with United Bank Limited will have the same relationship with Countrywide Banking Corporation Limited as they had with United Bank Limited. All contracts entered into by United Bank Limited before the vesting day shall to the extent that they were previously binding on United Bank Limited be binding on Countrywide Banking Corporation Limited and any security held by United Bank Limited shall be available to Countrywide Banking Corporation Limited.

The promoter of the Bill is Countrywide Banking Corporation Limited.

Communications or notices to the promoter may be sent to Rudd Watts & Stone, Solicitors, Bank of New Zealand Tower, 125 Queen Street, Auckland (P.O. Box 3798, Auckland; Facsimile 379 3326).

A copy of the Bill may be inspected without charge at the offices set out below during normal office hours on any week day (except Saturday and Sunday and public holidays):

(a) The office of Rudd Watts & Stone at the address stated above;

(b) The office of the Corporate Solicitor, Countrywide Banking Corporation Limited, 280 Queen Street, Auckland;

(c) Any branch of Countrywide Banking Corporation Limited in New Zealand; and

(d) Auckland District Court, corner of Albert and Kingston Streets, Auckland.

Countrywide Banking Corporation Limited by its solicitors, Rudd Watts & Stone, per:

FRANCIS DAWSON.

p4763

Government Notices

Agriculture and Fisheries

Animals Protection Act 1960

Revocation of Approval of Code of Ethical Conduct No. 5244 (100-A1-07)

Pursuant to section 19A of the Animals Protection Act 1960 and on the advice of the National Animal Ethics Advisory Committee, I hereby revoke the approval of the code of ethical conduct of Pfizer Laboratories Ltd.

Notice number 4242 appearing in the New Zealand Gazette on the 29th day of October 1987, Issue No. 187 at page 4915 is hereby revoked.

Dated at Wellington this 3rd day of June 1993.

JOHN FALLOON, Minister of Agriculture.

s45015

Commerce

Commerce Act 1986

Statement to the Commerce Commission on the Economic Policy of the Government

1. Pursuant to section 26 of the Commerce Act, I hereby transmit to the Commerce Commission a statement of the economic policy of the Government in relation to its reforms of the health sector and the Health and Disability Services Act 1993, which has recently been converted to an Act of Parliament.

2. The objectives of the reforms are to secure for the people of New Zealand:

(a) the best health

(b) the best care or support for those in need of health and disability services

(c) the greatest independence for people with disabilities that is reasonably achievable within the amount of funding provided.

3. One of the significant reforms put in place is the separation of the "purchase" and "provision" function of current area health boards.

4. The purchase function will now be the responsibility of the four newly-established regional health authorities (RHAs) and the Public Health Commission (PHC). The RHAs’ goal is to purchase the best possible range and quality of personal health and disability services for their respective regions within the funds allocated to them.

5. Ultimately, the Government expects the RHAs to purchase services from the widest range of providers in order to achieve this goal. However, it also wants there to be a smooth transition up until this point in order to avoid any disruption to the delivery of services.

6. The Government has, therefore, advised RHAs to engage in "contestable" purchasing strategies for services where possible, but ensure that such strategies do not disrupt service continuity. There will be, therefore, a "roll over" of many existing arrangements with providers in the initial period. The detail of the Government’s policy in this regard is discussed in the section "Purchasing and Contracting Strategies" in the document Policy Guidelines to the RHAs (November 1992).

7. The Government has decided that the Commerce Act will apply to the purchase and supply of health and disability services. The sole exception will be any arrangements entered into by RHAs, or the PHC, in relation to pharmaceuticals and associated medical devices, and to certain arrangements, approved by the Governor-General, in relation to blood.

8. During the transitional period ending 1 July 1994 the Government has decided that only the Commerce Commission will be able to commence proceedings against RHAs under Part II of the Commerce Act. Third parties may, however, address their concerns to the Commerce Commission.

9. The Commerce Act has not been applied to all health markets previously. Some purchasers and providers may not be completely familiar with the application of the Act to their activities. The transitional period will enable them to develop a better understanding of the Act and its implications. The Government notes the Commerce Commission’s recent press