3474 NEW ZEALAND GAZETTE No. 135

(c) that Gosling Chapman Trustee Company Limited
does not at any time control or have the right to
control, directly or indirectly, the issuer or any
manager of a scheme in respect of which it acts as
trustee, otherwise than in connection with the
performance of its functions and powers as trustee;

(d) that Gosling Chapman Trustee Company Limited
does not at any time hold any participatory securities
issued by the issuer or any manager of a scheme in
respect of which it acts as trustee;

(e) that no relationship exists at any time between
Gosling Chapman Trustee Company Limited and
the issuer or any manager of a scheme in respect of
which it acts as trustee, that affects, or is likely to
affect, Gosling Chapman Trustee Company
Limited’s ability to perform its functions and
powers as trustee;

(f) that Gosling Chapman Trustee Company Limited
maintains satisfactory professional indemnity
insurance in respect of the exercise of its functions
and powers as trustee; and

(g) that if the majority of directors of Gosling
Chapman Trustee Company Limited change from
those appointed as directors of the company at
24 September 2001, the notice will no longer apply.

Dated at Wellington this 2nd day of October 2001.

[L.S.]
The common seal of the Securities Commission was
hereunto affixed in the presence of:

J. DIPLOCK, Chairperson.

au7027

(c) that Spicer & Oppenheim Trustee Company Limited
does not at any time control or have the right to
control, directly or indirectly, the issuer or any
manager of a scheme in respect of which it acts
as statutory supervisor, otherwise than in connection
with the performance of its functions and powers as
statutory supervisor;

(d) that Spicer & Oppenheim Trustee Company
Limited does not at any time hold any participatory
securities issued by the issuer or any manager of a
scheme in respect of which it acts as statutory
supervisor;

(e) that no relationship exists at any time between
Spicer & Oppenheim Trustee Company Limited
and the issuer or any manager of a scheme in respect
of which it acts as statutory supervisor, that affects,
or is likely to affect, Spicer & Oppenheim Trustee
Company Limited’s ability to perform its functions
and powers as statutory supervisor;

(f) that Spicer & Oppenheim Trustee Company
Limited maintains satisfactory professional
indemnity insurance in respect of the exercise of its
functions and powers as statutory supervisor; and

(g) that if the majority of directors of Spicer
& Oppenheim Trustee Company Limited change
from those appointed as directors of the company
at 24 September 2001, the notice will no longer
apply.

Dated at Wellington this 2nd day of October 2001.

[L.S.]
The common seal of the Securities Commission was
hereunto affixed in the presence of:

J. DIPLOCK, Chairperson.

au7025

Notice of Approval to Act as a Statutory Supervisor

Under Section 48 of the Securities Act 1978

Pursuant to section 48 of the Securities Act 1978, the
Securities Commission gives the following notice.

Notice

1. The Securities Commission approves Spicer
   & Oppenheim Trustee Company Limited to act as a
   statutory supervisor for the purposes of the Securities Act

3. This notice comes into force on the day after the date of
   its publication in the New Zealand Gazette.

4. This notice expires on the earlier of the following dates:

(a) The first date on which a majority of the persons
holding office as directors of Spicer & Oppenheim
Trustee Company Limited are persons who did not
hold office as such on 24 September 2001; or

(b) the close of 5 October 2006.

4. The approval is given subject to the following
   conditions:

(a) That Spicer & Oppenheim Trustee Company
Limited is not at any time a member of any issuer or
scheme in respect of which it acts as statutory
supervisor;

(b) that Spicer & Oppenheim Trustee Company
Limited does not at any time hold any office or
appointment (including appointment as auditor)
or have any involvement, relationship or interest in
respect of the issuer or any manager of a scheme,
in respect of which it acts as a statutory supervisor,
otherwise than in connection with the performance
of its functions and powers as statutory supervisor;

(c) that Spicer & Oppenheim Trustee Company
Limited does not at any time control or have the
right to control, directly or indirectly, the issuer or

Notice of Approval to Act as a Trustee and a

Statutory Supervisor Under Section 48 of the

Securities Act 1978

Pursuant to section 48 of the Securities Act 1978, the
Securities Commission gives the following notice.

Notice

1. The Securities Commission approves BDO Spicers
   Auckland Trustee Company Limited to act as a trustee
   and a statutory supervisor for the purposes of the Securities
   Act 1978.

2. This notice comes into force on the day after the date of
   its publication in the New Zealand Gazette.

3. This notice expires on the earlier of the following dates:

(a) The first date on which a majority of the persons
holding office as directors of BDO Spicers
Auckland Trustee Company Limited are persons
who did not hold office as such on 24 September
2001; or

(b) the close of 5 October 2006.

4. The approval is given subject to the following
   conditions:

(a) That BDO Spicers Auckland Trustee Company
Limited is not at any time a member of any issuer or
scheme in respect of which it acts as a trustee or
statutory supervisor;

(b) that BDO Spicers Auckland Trustee Company
Limited does not at any time hold any office or
appointment (including appointment as auditor)
or have any involvement, relationship or interest in
respect of the issuer or any manager of a scheme,
in respect of which it acts as a trustee or statutory
supervisor, otherwise than in connection with the
performance of its functions and powers as trustee or
statutory supervisor;