2644 NEW ZEALAND GAZETTE, No. 110 21 JULY 2005

6. the New Zealand Tourism Board holding and operating
   accounts with Deutsche Bank in Frankfurt, Germany,
   provided that the bank continues to meet the
   credit-rating test as specified for banks or building
   societies registered in New Zealand in Regulation 7 of
   the Crown Entities (Financial Powers) Regulations
   2005;

7. the New Zealand Tourism Board holding and operating
   accounts with the Bank of Tokyo-Mitsubishi Limited
   in Japan, provided that the bank continues to meet the
   credit-rating test as specified for banks or building
   societies registered in New Zealand in Regulation 7 of
   the Crown Entities (Financial Powers) Regulations
   2005;

8. AgResearch Limited holding and operating an account
   with any bank in Australia that meets the credit-rating
   test specified for banks or building societies registered
   in New Zealand in Regulation 7 of the Crown Entities
   (Financial Powers) Regulations 2005;

9. AgResearch (USA) Limited holding and operating an
   account with any bank in the United States of America
   that meets the credit-rating test specified for banks
   or building societies registered in New Zealand
   in Regulation 7 of the Crown Entities (Financial
   Powers) Regulations 2005, for the purposes of its
   operations in that country;

10. the Earthquake Commission holding and operating
    accounts with any bank outside New Zealand in line
    with its policies relating to the management of any of
    its fund(s);

11. the Government Superannuation Fund Authority
    holding and operating accounts with any bank outside
    New Zealand in line with its policies relating to the
    management of any of its fund(s);

12. the Guardians of New Zealand Super holding and
    operating accounts with any bank outside New Zealand
    in line with its policies relating to the management of
    any of its fund(s);

13. the Accident Compensation Corporation holding and
    operating accounts with any bank outside New Zealand
    provided that the bank meets the credit rating test as
    specified for banks or building societies registered in
    New Zealand in Regulation 7 of the Crown Entities
    (Financial Powers) Regulations 2005;

14. Crop & Food Research Australia Pty Limited holding
    and operating an account with any bank in Australia
    that meets a credit-rating test as specified for banks
    or building societies registered in New Zealand
    in Regulation 7 of the Crown Entities (Financial
    Powers) Regulations 2005; and

15. Paraparaumu College holding and operating an account
    with any bank in Australia that meets a credit-rating test
    equal to that specified for banks or building societies
    registered in New Zealand in Regulation 7 of the Crown
    Entities (Financial Powers) Regulations 2005, provided
    that no more than a total sum of AU$5,000.00 is held
    in this account at any one time.

Dated at Wellington this 17th day of July 2005.
DR MICHAEL CULLEN, Minister of Finance.

go4664

Notice of Approvals Given Pursuant to Section

158 (2) (a) (i) of the Crown Entities Act 2004

Pursuant to section 158 (4) of the Crown Entities Act 2004,
I, The Honourable Dr Michael John Cullen, Minister of
Finance, hereby give notice that on 18 March 2005, I gave
approval, pursuant to section 158 (2) (a) (i) of the Crown
Entities Act 2004, for:

1. New Zealand Film Commission to hold an account
   at a bank in France, on the basis that this bank meets
   the credit-rating test stipulated in Regulation 7 (1)
   of the Crown Entities (Financial Powers) Regulations
   2005; and

2. New Zealand Fire Service Commission to hold an
   account at a bank in Australia, on the basis that
   the bank meets the credit-rating test stipulated in
   Regulation 7 (1) of the Crown Entities (Financial
   Powers) Regulations 2005.

Dated at Wellington this 17th day of July 2005.
DR MICHAEL CULLEN, Minister of Finance.

go4666

Notice of Approvals Given Pursuant to Section

160 (1) (b) of the Crown Entities Act 2004

Pursuant to section 160 (3) of the Crown Entities Act 2004,
I, The Honourable Dr Michael Cullen, Minister of Finance,
hereby give notice that:

1. on 16 March 2005, we, The Honourable Dr Michael
   Cullen, Minister of Finance, and The Honourable
   Annette King, Minister of Health, gave approval, under
   section 160 (1) (b) of the Crown Entities Act 2004, for
   district health boards to enter into finance leases from
   sources other than, and including, the Crown, subject to
   the conditions that a district health board:

   (a) complies with the Ministry of Health’s Guidelines
   for Capital Investment;

   (b) complies with the conditions of any letter of
   comfort from Ministers;

   (c) meets its banking covenants, including those
   applied by the Crown Financing Agency (being
   a division of the Residual Health Management
   Unit); and

   (d) meets any conditions imposed in the approval of
   its district annual plan;

2. on 16 March 2005, we, The Honourable Dr Michael
   Cullen, Minister of Finance, and The Honourable
   Annette King, Minister of Health, gave approval, under
   section 160 (1) (b) of the Crown Entities Act 2004,
   for the Residual Health Management Unit to finance its
   property function by borrowing from sources other than,
   and including, the Crown;

3. on 16 March 2005, we, The Honourable Dr Michael
   Cullen, Minister of Finance, and The Honourable
   Annette King, Minister of Health, gave approval, under
   section 160 (1) (b) of the Crown Entities Act 2004,
   for district health boards, the Residual Health
   Management Unit, the New Zealand Blood Service and
   Pharmac to enter into foreign exchange and interest
   rate derivative transactions on the conditions specified
   in their Crown funding agreements;

4. on 18 March 2005, we, The Honourable Dr Michael
   Cullen, Minister of Finance, and The Right Honourable
   Helen Clark, Minister for Arts, Culture and Heritage,
   gave approval, under section 160 (1) (b) of the Crown
   Entities Act 2004, for the purposes of section 162 of
   that Act, for the New Zealand Film Commission to
   borrow by way of overdraft facilities, as long as it is:

   (a) held with a New Zealand registered bank or
   building society that meets the credit-rating
   specified in regulations under the Crown Entities
   Act 2004; and

   (b) returned to a positive balance within five working
   days;

5. on 18 March 2005, we, The Honourable Dr Michael
   Cullen, Minister of Finance, and The Right Honourable
   Helen Clark, Minister for Arts, Culture and Heritage,