16 DECEMBER NEW ZEALAND GAZETTE 4613

2. Interpretation—(1) In this notice, unless the context otherwise requires—

“Act” means the Securities Amendment Act 1988:

“Company” means BT New Zealand Nominees Limited.

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

3. Authorisation—(1) The company is authorised to carry on the business of dealing in futures contracts generally.

(2) The authorisation is subject to the conditions that the company does not carry on the business of dealing in futures contracts except:

(a) As a bare trustee or nominee; and

(b) On the instructions of another person who is either:

(i) the beneficial owner of rights acquired under the futures contract; or

(ii) an authorised futures dealer.

(3) The authorisation continues in force until revoked by the Commission.

Dated at Wellington this 14th day of December 1999.

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

[L.S.]

E. H. ABERNETHY, Chairman.

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Transit New Zealand

Transit New Zealand Act 1989

Declaring New Sections of State Highway and Renumbering State Highway—State Highways No. 1, No. 1A and No. 17: Silverdale

Pursuant to section 60 of the Transit New Zealand Act 1989, the Transit New Zealand Authority gives notice that, the sections of road described in the First Schedule hereto, are declared to be State Highway and the section of State Highway No. 1 described in the Second Schedule hereto, is declared to be State Highway No. 17 within the meaning and for the purpose of the Transit New Zealand Act 1989.

First Schedule

1. State Highway No. 1 to include the newly constructed section of road in Rodney District and North Shore City commencing at a point (new Reference Station 296) on existing State Highway No. 1 at the northern side of the new Silverdale Interchange Bridge and extending in a generally southerly direction to a point (new Route Position 296/14.23) on existing State Highway No. 1 on the southern side of the Greville Road Interchange, including the newly constructed motorway ramps and connections to and from State Highways No. 1 and No. 17 and the newly constructed ramps to and from Oteha Valley Road and Greville Road; a distance of 14.23 kilometres.

2. State Highway No. 1A to consist of that section of road in Rodney District commencing at a point (new Reference Station 0) on the newly constructed section of State Highway No. 1 at the northern side of the new Silverdale Interchange Bridge and extending in a northerly direction for a distance of 4.25 kilometres to the site of the proposed Orewa Interchange and then in a generally easterly direction for a distance of 1.45 kilometres to a point (new Reference Station 6) at Maire Road, including the new motorway ramps and connections to and from State Highways No. 1 and No. 17, Maire Road and Grand Drive.

Second Schedule

3. State Highway No. 17 to consist of the existing section of State Highway No. 1 in Rodney District and North Shore City commencing at a point (new Reference Station 16) on the south-western side of the new Silverdale Interchange and extending in a generally southerly direction through Dairy Flat and Albany to a point (new Reference Station 33) on the western side of the new Greville Road Interchange; a distance of 17.53 kilometres.

Dated at Wellington this 10th day of December 1999.

M. K. LAUDER, State Highway Control Manager, Transit New Zealand.

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Amendment to Transit New Zealand Bylaw 1999/13: Bylaw Regulating the Speed of Vehicles on State Highways in Transit New Zealand Regions 13 and 14

Pursuant to section 61 (3) of the Transit New Zealand Act 1989, Transit New Zealand hereby amends the above bylaw as follows:

Amendment

1. This amendment shall come into force 28 days after its publication in the New Zealand Gazette.

2. In the Second Schedule, before clause (5) insert:

The section of State Highway No. 1 at Hampden, from a point (Route Position 618/7.62) measured 100 metres north of the intersection with Monmouth Street to a point (Route Position 618/8.47) measured 30 metres south of Nottingham Street; a distance of 850 metres.

3. In the Third Schedule, after clause (7) insert:

The section of State Highway No. 1 that is:

(a) At Hampden from a point (Route Position 618/7.06) measured 50 metres north of the intersection with Lancaster Street to a point (Route Position 618/7.62) measured 100 metres north of the intersection with Monmouth Street; a distance of 560 metres.

(b) At Hampden from a point (Route Position 618/8.47) measured 30 metres south of Nottingham Street to a point (Route Position 618/9.01) measured 200 metres south of Oakham Street, a distance of 540 metres.

This amendment is made by delegated authority from the Transit New Zealand Authority.

Dated at Wellington this 9th day of December 1999.

Signed on behalf of Transit New Zealand by:

J. H. VAN BARNEVELD, National State Highway Manager, Transit New Zealand.

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Declaring New Sections of State Highway: State Highway No. 1B and State Highway No. 39

Pursuant to section 60 of the Transit New Zealand Act 1989, the Transit New Zealand Authority gives notice that, with effect from midnight on the 31st day of December 1999, those sections of road described in the Schedule hereto are declared to be State highway.

Schedule

1. No. 1B State Highway to consist of that section of road between Taupiri and Cambridge, commencing at the intersection of State Highway 1 and Gordonton Road (new Reference Station 0) and extending in a south-easterly