1 AUGUST

NEW ZEALAND GAZETTE

2461

Audit Report

To the Trustees of ASB Charitable Trust:

We have audited the financial statements comprising the statement of income and expenditure, the statement of movements in trust funds, the balance sheet, the statement of cash flows and the notes to these financial statements. The financial statements provide information about the past financial performance of the trust and its financial position as at 31 March 2002. This information is stated in accordance with the accounting policies in the notes to these financial statements.

Trustees’ Responsibilities

The trustees are responsible for the preparation of financial statements which give a true and fair view of the financial position of the trust as at 31 March 2002 and the results of its operations and cash flows for the year ended on that date.

Auditors’ Responsibilities

It is our responsibility to express an independent opinion on the financial statements presented by the trustees and report our opinion.

Basis of Opinion

An audit includes examining, on a test basis, evidence relevant to the amounts and disclosures in the financial statements. It also includes assessing:

• the significant estimates and judgements made by the trustees in the preparation of the financial statements;
• whether the accounting policies are appropriate to the trust’s circumstances, consistently applied and adequately disclosed.

We conducted our audit in accordance with New Zealand Auditing Standards issued by the Institute of Chartered Accountants of New Zealand. We planned and performed our audit so as to obtain all the information and explanations which we considered necessary in order to provide us with sufficient evidence to obtain reasonable assurance that the financial statements are free from material misstatements, whether caused by fraud or error. In forming our opinion, we also evaluated the overall adequacy of the presentation of information in the financial statements.

Our firm carries out other assignments for the company in the area of taxation advice. The firm has no other interests in the trust.

Unqualified Opinion

We have obtained all the information and explanations we have required.

In our opinion, the financial statements:

• comply with New Zealand generally accepted accounting practice;
• give a true and fair view of the financial position of the trust as at 31 March 2002 and the results of its operations and cash flows for the year ended on that date.

Our audit was completed on 27 May 2002 and our unqualified opinion is expressed as at that date.

KPMG, Auckland.

A copy of the list of all distributions of income and capital approved by the ASB Bank Community Trust and ASB Charitable Trust is available on request from ASB Trusts, P.O. Box 68-048, Newton, Auckland.

gs4865

Dental Council of New Zealand

Schedule

**Fees Payable***

Dental Act 1988

Dentists (Fees) Amendment Notice 2002 (No. 2)

1. Title and commencement—This notice may be cited as the Dentists (Fees) Amendment Notice 2002 (No. 2) and shall come into force on 1 September 2002. This notice has the status of a Regulation for the purposes of the Regulations (Disallowance) Act 1989.

2. Fees—Pursuant to section 79A of the Dental Act 1988, the Dental Council of New Zealand sets the following fees payable to the council specified in the attached Schedule.

3. Fees inclusive of goods and services tax—The fees are inclusive of goods and services tax.

The fees are based on cost recovery.

gs5145