1440
NEW ZEALAND GAZETTE
No. 55

General

Accounting Standards Review Board

Financial Reporting Act 1993

Notice No. (8) of Approval of Financial Reporting Standard

Notice is hereby given, pursuant to section 29 of the Financial Reporting Act 1993 ("the Act") that the Accounting Standards Review Board has approved, for the purposes of the Act, Financial Reporting Standard No. 26 "Accounting for Defeasance of Debt" submitted to it by the New Zealand Society of Accountants:

FRS-26 is to apply to all reporting entities, the Crown, departments, offices of Parliament and Crown entities (each of which terms is defined in the Act) for application to accounting periods and interim accounting periods that commence on or after 1 September 1995.

Dated at Wellington this 30th day of May 1995.

JOHN C. HAGEN, Chairman, Accounting Standards Review Board.

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Buddle Findlay, Solicitors

Treaty of Waitangi Act 1975

Public Notice

The Treaty of Waitangi Act 1975
State-Owned Enterprises Act 1986

This notice concerns 8 properties at the south-eastern corner of Moorhouse Avenue and Montreal Street, Christchurch, and Maori claims under the Treaty of Waitangi Act 1975.

The 8 properties at the south-eastern corner of Moorhouse Avenue and Montreal Street, Christchurch, may be described in legal terms as:

1. All that parcel of land containing 4888 square metres, more or less, being Lots 1 and 2 on Deposited Plan 2202 and being all the land comprised and described in certificate of title, Volume 32K, folio 435 (Canterbury Registry).

Subject to:

(a) Section 27B of the State-Owned Enterprises Act 1986.

(b) The provisions of section 3 of the Petroleum Act 1937, section 8 of the Atomic Energy Act 1945, section 3 of the Geothermal Energy Act 1953, sections 6 and 8 of the Mining Act 1971, sections 5 and 261 of the Coal Mines Act 1979.

2. All that parcel of land containing 961 square metres, more or less, being Lot 1 on Deposited Plan 2 and being all the land comprised and described in certificate of title, Volume 27A, folio 852 (Canterbury Registry).

Subject to:

(a) Section 27B of the State-Owned Enterprises Act 1986.

3. All that parcel of land containing 961 square metres, more or less, being Lot 4 on Deposited Plan 2 and being all the land comprised and described in certificate of title, Volume 27A, folio 853 (Canterbury Registry).

Subject to:

(a) Section 27B of the State-Owned Enterprises Act 1986.

4. All that parcel of land containing 208 square metres, more or less, being part Rural Section 79 and being all the land comprised and described in certificate of title, Volume 27A, folio 99 (Canterbury Registry).

Subject to:

(a) Section 27B of the State-Owned Enterprises Act 1986.

5. All that parcel of land containing 217 square metres, more or less, being Lot 2 on Deposited Plan 7917 and being all the land comprised and described in certificate of title, Volume 27A, folio 98 (Canterbury Registry).

Subject to:

(a) Section 27B of the State-Owned Enterprises Act 1986.

6. All that parcel of land containing 210 square metres, more or less, being Lot 1 on Deposited Plan 7917 and being all the land comprised and described in certificate of title, Volume 381, folio 139 (Canterbury Registry).

Subject to:

(a) Section 27B of the State-Owned Enterprises Act 1986.

7. All that parcel of land containing 607 square metres, more or less, being part Rural Section 79 and being all the land comprised and described in certificate of title, Volume 27B, folio 726 (Canterbury Registry).

Subject to:

(a) Section 27B of the State-Owned Enterprises Act 1986.

8. All that parcel of land containing 607 square metres, more or less, being part Rural Section 79 and being all the land comprised and described in certificate of title, Volume 32A, folio 522 (Canterbury Registry).

Subject to:

(a) Section 27B of the State-Owned Enterprises Act 1986.

The land was once owned by the Crown. It was transferred to a State Owned Enterprise under section 23 of the State-Owned Enterprises Act 1986.

There is a special notice or "memorial" on the certificate of title for the land which provides that, if the Waitangi Tribunal recommends it, the land shall be resumed by the Crown and returned to Maori ownership (see sections 27A and 27B of the State-Owned Enterprises Act 1986).

The current owners of the land, SOUTHPower LIMITED, have applied to the Waitangi Tribunal to have this notice removed. This has been done under section 8D of the Treaty of Waitangi Act 1975.

ANY MAORI PERSON WHO CONSIDERS THAT THEY, OR ANY GROUP WHICH THEY BELONG TO, HAS A CLAIM TO MAKE TO THE WAITANGI TRIBUNAL ABOUT THIS LAND, SHOULD SUBMIT THEIR CLAIM TO THE WAITANGI TRIBUNAL BEFORE THE 15TH DAY OF SEPTEMBER 1995.

Section 6 of the Treaty of Waitangi Act 1975, describes what a claim is. Claims may be posted or sent to the