500
NEW ZEALAND GAZETTE
No. 21

Bronwyn Ramsay of Onehunga, Auckland, 17 November 1997 [date of provisional approval]
Jennifer Quinn of Paremata, Wellington, 12 January 1998 [date of provisional approval]
Helen Reynolds of Kilbirnie, Wellington, 12 January 1998 [date of provisional approval]
Christine Hannah of Vogeltown, Wellington, 5 March 1998 [date of provisional approval]
Helen Christie of Napier, 18 March 1998 [date of provisional approval]
Elly Grant of Manurewa, Auckland, 26 March 1998 [date of provisional approval]
Sheila Sidwell of Henderson, Auckland, 26 March 1998 [date of provisional approval]
Maureen Hathaway of Pukekohe, Auckland, 26 March 1998 [date of provisional approval]
Kere Pomare of Paekakariki, Wellington, 15 April 1998 [date of approval]
Fiona Lafferty of Mt Wellington, Auckland, 27 July 1998 [date of approval]
Catherine Sangster of Sandringham, Auckland, 27 July 1998 [date of approval]
Riyaz Mohammed of Papakura, Auckland, 27 July 1998 [date of approval]
Anne McKey of Waiouru, 27 July 1998 [date of approval]
Belinda Heaphy of Nelson, 27 July 1998 [date of approval]
Pula Fatupaito of Mt Wellington, Auckland, 28 August 1998 [date of approval]
Gloria Campbell of Mt Eden, Auckland, 3 September 1998 [date of approval]
Joy Wilson of Raumati Beach, Kapiti, 3 September 1998 [date of approval]
Glenis McAlpine of Blenheim, 23 October 1998 [date of approval]
Karen Bilby of Panmure, Auckland, 6 November 1998 [date of approval]
Anna Wilson of Woodridge, Wellington, 6 November 1998 [date of approval]
Helen Kiernan-James of Te Atatu South, Auckland, 10 November 1998 [date of approval]
Melissa Wang of Greenlane, Auckland, 10 November 1998 [date of approval]
Robin Covell of Whakatane, 10 November 1998 [date of approval]
Kiri Cameron of Murupara, 10 November 1998 [date of approval]
Judith Culley of Tauranga, 10 November 1998 [date of approval]
Val Samuels of Glendene, Auckland, 10 November 1998 [date of approval]
Maureen Helm of Upper Hutt, Wellington, 22 December 1998 [date of approval].

Dated this 11th day of February 1999.

G. R. BOYD, Chief Advisor, Safety and Regulation, under delegated authority from the Director-General of Health.

g01248

Inland Revenue

Income Tax Act 1994

Notice of Determination of Tax Depreciation Rates

1. This is a notice made under section EG 14 of the Income Tax Act 1994 of a depreciation determination issued by the Commissioner of Inland Revenue under section EG 4 of that Act.

2. “Determination DEP43: Tax Depreciation Rates General Determination Number 43” relating to laser cutting machines was signed on 9 February 1999, and will appear in Inland Revenue’s Tax Information Bulletin, Vol. 11, No. 2, of February 1999.

3. A copy of the determination may be obtained by writing to the Assistant General Manager (Adjudication & Rulings), National Office, Inland Revenue, P.O. Box 2198, Wellington.

MARTIN SMITH, General Manager (Adjudication & Rulings).

g01286

Tax Administration Act 1994

Determination S11: St Lukes Group Limited — Mandatory Conversion Convertible Notes

This determination may be cited as “Determination S11: St Lukes Group Limited — Mandatory Conversion Convertible Notes”.

1. Explanation (which does not form part of the determination)

(1) This determination relates to the extension of the mandatory conversion convertible notes (“the Notes”) issued by St Lukes Group Limited (“the Issuer”) pursuant to the Trust Deed dated 15 November 1993 (as amended).

(2) The Notes are financial arrangements in which the holder of a Note provides money to the Issuer, and the debt is discharged at a future date by the issue of shares in the Issuer. Interest is payable for the period between the issue of the Note and conversion into shares. Such payments are called Coupon Interest Payments.

(3) This determination details which amounts are to be regarded as solely attributable to an excepted financial arrangement. The Coupon Interest Payments and amounts attributed to these payments by this determination are not solely attributable to an excepted financial arrangement and are therefore to be included as income or expenditure for the purposes of calculating accrual income or expenditure. All other amounts are solely attributed to an excepted financial arrangement.

(4) The Notes are convertible into shares which are excepted financial arrangements. Section EH 2 of the Act provides that income deemed to be derived or the expenditure deemed to be incurred by a person in respect of a financial arrangement under the qualified accrual rules shall not include any amount solely attributable to such an excepted financial arrangement that is part of a wider financial arrangement.

2. Reference

This determination is made pursuant to section 90 (1) (g) of the Tax Administration Act 1994.