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NEW ZEALAND GAZETTE

22. The decision-making processes of the FTR group should be fully transparent to all interested parties.

23. The chairs of the FTR group and Transpower (or their representatives) should report to the Minister of Energy by 28 February 2003 on an agreed programme and timetable for the establishment of the FTR market. They should subsequently report to the Minister monthly on progress in achieving the programme and timetable, and on whether outcomes are consistent with the guiding principles for FTRs and the FTR policy framework.

24. The EGB, once established, should take over governance of rules covering FTR matters subject to the guiding principles and the FTR policy framework. If the governance arrangement provides for voting rights to be held by stakeholders, then those voting rights should be held by all interested parties including generators, retailers, distribution companies, Transpower, and large and small consumers. Neither generators and retailers, nor Transpower and distribution companies should collectively control more than 50% of the voting rights under any such governance arrangement.

25. In developing governance arrangements, the EGB should have due regard to the desirability of consistency between arrangements, including governance arrangements for FTRs and transmission pricing and investment.

26. In the period after the establishment of the FTR market, but before the EGB has taken over governance of FTR rules, bilateral participation contracts (which contain FTR market rules) between Transpower and market participants should provide for the FTR group to approve rule change proposals subject to the guiding principles for the FTR market and the FTR policy framework.

27. Transpower should be the arbiter of whether the terms and conditions of contracts, or any proposed rule changes are consistent with the guiding principle relating to Transpower’s commercial risk (paragraph 7 above).

Signed at Wellington this 21st day of January 2003.

LIANNE DALZIEL, Minister of Commerce.

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No. 9

This information can also be accessed via the Ministry of Economic Development web site.
The address is:
http://www.med.govt.nz

Dated at Wellington this 27th day of January 2003.

MARTIN GARCIA, Team Leader, Investigations, Trade Remedies Group.

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Financial Reporting Act 1993

Appointment of a Member to the Accounting Standards Review Board

Pursuant to section 23 of the Financial Reporting Act 1993, Her Excellency the Governor-General has been pleased to appoint

Kenneth John Warren of Wellington

to be a member of the Accounting Standards Review Board for a period of five years commencing on 6 December 2002.

Dated at Wellington this 16th day of December 2002.

LIANNE DALZIEL, Minister of Commerce.

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Takeovers Act 1993

Appointment of Members to the Takeovers Panel

Pursuant to section 6 of the Takeovers Act 1993, the Minister of Commerce has been pleased to appoint

Anthony Noy Frankham of Auckland

Suzanne Helen Suckling of Christchurch

to be members of the Takeovers Panel for three years from 16 December 2002.

Dated at Wellington this 16th day of December 2002.

LIANNE DALZIEL, Minister of Commerce.

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Dumping and Countervailing Duties Act 1988

Education

List of Products Subject to Anti-Dumping Action

Final Anti-dumping Duties

Canned Peaches originating from South Africa.

Canned Peaches originating from Greece.

Galvanised Wire originating from South Africa.

Hog Bristle Paint Brushes originating from China.

Plasterboard originating from Thailand.

Refrigerators and Refrigerator-Freezers originating from Korea.

Washing Machines originating from Korea.

List of Products Subject to Countervailing Action

Final Countervailing Duties

Canned Peaches originating from the European Union.

Full details of the products covered and the applicable amount of anti-dumping or countervailing duty are available upon request to the:

Trade Remedies Group

Ministry of Economic Development

P.O. Box 1473

Wellington

Telephone: (04) 472 0030

Facsimile: (04) 499 8508

Email: traderem@med.govt.nz

Education Act 1989

Notice of Appointment of a Limited Statutory Manager at Richmond Park School (1926)

Pursuant to section 78M of the Education Act 1989, I direct the Secretary for Education to appoint a limited statutory manager to Richmond Park School because of risks to the operation of the school and the subsequent risks to the welfare of staff and students.

The following functions, powers and duties of the board are vested in the limited statutory manager:

● Financial management of the school; and

● personnel management.

The limited statutory manager must also advise the board on the following matter:

● Portfolio management (e.g. property).

This notice takes effect on the day after the date of publication of this notice.

Dated at Wellington this 23rd day of January 2003.

TREVOR MALLARD, Minister of Education.

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