NEW ZEALAND GAZETTE

No. 161

(iii) who has entered into a contract for services
with Atriax, and only in accordance with the
terms of that contract; and

(iv) who as a term of the contract for services with
Atriax has certified that he, she or it is:

A a person who owns tangible assets of a
market value of more than $10 million (or
its equivalent in any currency); or

B a trustee or a funds manager, acting in that
capacity, who has under that person’s
control, as trustee or funds manager, assets
with an aggregate market value of more
than $50 million (or its equivalent in any
currency); or

C a person who is a dealer within the
meaning of the rules of the Exchange and
who is authorised to carry on the business
of dealing in futures contracts under the
Act; or

D a person authorised in another jurisdiction
by the competent authority of that
jurisdiction to deal in futures contracts; or

E Her Majesty the Queen in right of
New Zealand, a Crown entity named in the
Fourth Schedule to the Public Finance Act
1989, or a State enterprise named in the
First or Second Schedule to the
State-Owned Enterprises Act 1986 (each
as amended from time to time); or

F a person who is a statutory corporation; or

G a person who is a related body corporate
of a person described in subparagraphs (A)
to (F).

(2) The authorisation is subject to the further condition that
Atriax, before advising or assisting in connection with the
acquisition or disposition of any foreign exchange futures
contract, is satisfied on reasonable grounds that the client is
contracting:

(a) as a principal on its own account; or

(b) on behalf of a related body corporate; or

(c) as trustee of a trust or manager of a managed fund.

(3) The authorisation is subject to the further condition that
the terms of every futures contract in respect of which the
authorisation applies must:

(a) create obligations that cannot be transferred or
terminated by either party to the futures contract
without the consent of the other party; and

(b) require that any transfer of obligations under the
futures contract can be made only to a person who
meets the criteria described in clause 5 (1) (a) or (c).

(4) The authorisation is subject to the further condition that
Atriax does not hold client money or client property in
connection with dealing in futures contracts.

Dated at Wellington this 27th day of November 2001.

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

[L.S.]

J. DIPLOCK, Chairperson.

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The Authorised Futures Dealers Notice (No. 5) 2001

Pursuant to section 38 of the Securities Amendment Act
1988, the Securities Commission gives the following notice.

Notice

1. Title and commencement—(1) This notice may be
   cited as the Authorised Futures Dealers Notice (No. 5) 2001.

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

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

“Act” means the Securities Amendment Act 1988.

“Exchange” means the New Zealand Futures and
Options Exchange Limited.

“The company” means Intercontinental Financial
Services Corporation Limited.

(2) Any term or expression that is defined in the Act and
used, but not defined, in this notice has the same meaning as
in 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:

(a) the company is a public broker within the meaning
of the rules of the Exchange; and

(b) the company is bound by the rules of the Exchange;
and

(c) the authorisation applies in respect of futures
contracts made on or effected through the Exchange
or a futures exchange in a country other than
New Zealand which is authorised by the laws of that
country to operate as a futures exchange.

(3) This authorisation continues in force until it is revoked
by the Commission.

Dated at Wellington this 27th day of November 2001.

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

[L.S.]

J. DIPLOCK, Chairperson.

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Transit New Zealand

Transit New Zealand Act 1989

Amendment to Transit New Zealand Bylaw

2001/12: Bylaw Regulating the Speed of Vehicles
on State Highways in Transit New Zealand Regions
1 and 2

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 in clause 8, line 4:

Delete “(Route Position 19/4.46) at Brighams Creek
Culvert; a distances of 4.72 kilometres” and replace with
“(Route Position 19/7.46) 50 metres south-east of Old
Railway Road; a distance of 7.26 kilometres”.

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

Dated at Wellington this 19th day of November 2001.

Signed on behalf of Transit New Zealand by:

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

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