21 JULY 2005

NEW ZEALAND GAZETTE, No. 110

gave approval, under section 160 (1) (b) of the Crown
Entities Act 2004, for the purposes of section 164 of
that Act, for the New Zealand Film Commission to enter
into forward derivative transactions for the purposes of
covering risks arising from foreign exchange elements
of funding agreements;

6. on 18 March 2005, we, The Honourable Dr Michael
   Cullen, Minister of Finance, and The Honourable
   Parekura Horomia, Minister of Māori Affairs, gave
   approval, under section 160 (1) (b) of the Crown
   Entities Act 2004, for the purposes of section 161 of
   that Act, for Te Reo Whakapuaki Irirangi (Te Māngai
   Pāho) to acquire securities by way of entering into
   income-sharing arrangements as part of its funding
   of producers;

7. on 18 March 2005, we, The Honourable Dr Michael
   Cullen, Minister of Finance, and The Honourable Pete
   Hodgson, Minister of Commerce, gave approval, under
   section 160 (1) (b) of the Crown Entities Act 2004,
   for the purposes of section 161 of that Act, for the
   Standards Council to hold up to 300 shares in Standards
   Australia Global Limited for the purposes of accessing
   information relevant to its ongoing operations;

8. on 18 March 2005, we, The Honourable Dr Michael
   Cullen, Minister of Finance, and The Honourable
   Mark Burton, Minister with responsibility for the
   New Zealand Fire Service Commission, gave approval,
   under section 160 (1) (b) of the Crown Entities Act
   2004, for the purposes of section 161 of that Act, for the
   New Zealand Fire Service Commission to hold foreign
   currency term deposits at New Zealand registered banks
   or building societies that meet the specified credit-rating
   contained in regulations under the Crown Entities Act
   2004, for the purposes of operating forward foreign
   exchange contracts related to capital expenditure
   commitments;

9. on 18 March 2005, we, The Honourable Dr Michael
   Cullen, Minister of Finance, and The Honourable
   Mark Burton, Minister with responsibility for the
   New Zealand Fire Service Commission, gave approval,
   under section 160 (1) (b) of the Crown Entities Act
   2004, for the purposes of section 161 of that Act, for
   the New Zealand Fire Service Commission to hold
   3,319 shares in King Country Energy, on the basis that
   the Commission does not increase its holding at any
   time;

10. on 18 March 2005, we, The Honourable Dr Michael
    Cullen, Minister of Finance, and The Honourable
    Mark Burton, Minister with responsibility for the
    New Zealand Fire Service Commission, 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 Fire Service Commission to borrow by
    way of overdraft facilities, as long as it:

(a) is 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) does not exceed NZ$1,000,000.00 at any one time;

11. on 18 March 2005, we, The Honourable Dr Michael
    Cullen, Minister of Finance, and The Honourable
    Mark Burton, Minister with responsibility for the
    New Zealand Fire Service Commission, 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 Fire Service Commission to maintain
    term loan facilities up to a total aggregate value of
    NZ$10 million with any New Zealand registered bank

2645

or building society that meets a credit-rating specified
in regulations under the Crown Entities Act 2004;

12. on 18 March 2005, we, The Honourable Dr Michael
    Cullen, Minister of Finance, and The Honourable
    Mark Burton, Minister with responsibility for the
    New Zealand Fire Service Commission, 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 Fire Service Commission to enter into
    finance leases where they are a cost-effective alternative
    to, or provide appropriate operational advantages over,
    other forms of borrowing;

13. on 18 March 2005, we, The Honourable Dr Michael
    Cullen, Minister of Finance, and The Honourable
    Mark Burton, Minister with responsibility for the
    New Zealand Fire Service Commission, gave approval,
    under section 160 (1) (b) of the Crown Entities Act
    2004, for the purposes of section 163 of that Act, for
    the New Zealand Fire Service Commission to give
    a guarantee in relation to the World Road Crash
    Championships to be held in 2005;

14. on 24 March 2005, we, The Honourable Dr Michael
    Cullen, Minister of Finance, and The Honourable
    Pete Hodgson, Minister of Commerce, gave approval,
    under section 160 (1) (b) of the Crown Entities Act
    2004, for the purposes of section 161 of that Act, for
    the Standards Council to hold up to 300 shares in
    Australia Global Limited for the purposes of accessing
    information relevant to its ongoing operations;

15. on 18 March 2005, we, The Honourable Dr Michael
    Cullen, Minister of Finance, and The Honourable
    Steve Maharey, Minister of Broadcasting, gave
    approval, under section 160 (1) (b) of the Crown
    Entities Act 2004, for the purposes of section 161 of
    that Act, for the Broadcasting Commission (NZ On
    Air) acquiring securities by way of entering into
    income-sharing arrangements as part of its funding of
    producers;

16. on 18 March 2005, we, The Honourable Dr Michael
    Cullen, Minister of Finance, and The Honourable
    Steve Maharey, Minister of Housing, gave approval,
    subject to Ministerial requirements and/or expectations
    outlined in the HNZC Borrowing Protocol, under section
    160 (1) (b) of the Crown Entities Act 2004, for the
    purposes of section 161 of that Act, for intra-company
    investing and lending (i.e. investing and lending among
    Housing New Zealand Corporation (“HNZC”) or its
    wholly-owned subsidiaries that does not increase
    the overall indebtedness of HNZC) provided that it is
    approved by the HNZC Board and is consistent with
    HNZC’s business plan and statement of intent, or any
    subsequent Cabinet approved initiatives;

17. on 18 March 2005, we, The Honourable Dr Michael
    Cullen, Minister of Finance, and The Honourable
    Steve Maharey, Minister of Housing, gave approval,
    subject to Ministerial requirements and/or expectations
    outlined in the HNZC Borrowing Protocol, under section
    160 (1) (b) of the Crown Entities Act 2004, for the
    purposes of section 162 of that Act, for intra-company
    borrowing (i.e. borrowing among HNZC or its
    wholly-owned subsidiaries that does not increase
    the overall indebtedness of the HNZC group) provided
    that it is approved by the HNZC Board and is consistent
    with HNZC’s business plan and statement of intent, or
    any subsequent Cabinet approved initiatives;

18. on 18 March 2005, we, The Honourable Dr Michael
    Cullen, Minister of Finance, and The Honourable
    Steve Maharey, Minister of Housing, gave approval,
    subject to Ministerial requirements and/or expectations
    outlined in the HNZC Borrowing Protocol, under section