24 NOVEMBER 2005 NEW ZEALAND GAZETTE, No. 196 4923

National Rural Fire Authority

Forest and Rural Fires Act 1977

Woodhill-Riverhead Rural Fire District Notice 1993 Amendment No. 1

Pursuant to section 4 (4) of the Forest and Rural Fires Act 1977, the National Rural Fire Authority hereby makes the following notice.

Notice

1. Title and commencement—(1) This notice may be cited as the Woodhill-Riverhead Rural Fire District Notice 1993 Amendment No. 1.

(2) This notice will come into force 28 days after publication in the New Zealand Gazette.

2. Amendment of Rural Fire District Notice—(1) The principal notice* is hereby amended by replacing section 3 (3) of the notice with the following:

“(3) The committee shall consist of five members as follows:

(a) Two persons appointed, in writing, by the Chief Executive of Carter Holt Harvey Northland Forests Limited; and

(b) one person appointed, in writing, by the Chief Executive of Matariki Forests; and

(c) one person appointed, in writing, by the Chief Executive of Rodney District Council; and

(d) one person appointed, in writing, by the Director-General of the Department of Conservation.”

Dated at Wellington this 15th day of November 2005.

M. J. DUDFIELD, National Rural Fire Officer.

New Zealand Gazette, 4 November 1993, No. 161, page 3299

au7743

Securities Commission

Securities Markets Act 1988

The Authorised Futures Dealers Notice (No. 3) 2005

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

Notice

1. Title, commencement and expiry—(1) This notice is the Authorised Futures Dealers Notice (No. 3) 2005.

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

(3) This notice expires on the close of 30 November 2008.

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

“Act” means the Securities Markets Act 1988.

“agreed upon procedures engagement terms” means a written agreement, in terms of the Explanatory Foreword to Reporting Engagement Standards and Guidelines issued by the Institute of Chartered Accountants of New Zealand, between the compliance reporter and the company to perform specific procedures with respect to the company’s compliance with rules contained in the company’s compliance manual.

“compliance reporter” means a qualified auditor who has entered into agreed upon procedures engagement terms with the company.

“qualified auditor” has the same meaning as in section 2c of the Securities Act 1978.

“recognised exchange” means an authorised futures exchange or any exchange in a country other than New Zealand which is authorised by the laws of that country to operate as a futures exchange.

“Regulations” means the Futures Industry (Client Funds) Regulations 1990.

“the company” means KVB Kunlun New Zealand Limited.

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

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 does not carry on the business of dealing in futures contracts on behalf of any person other than a person who has entered into a written client services agreement with the company, and then only in accordance with the terms of that agreement.

(b) before the company carries on the business of dealing in futures contracts on behalf of any person, the company has provided that person with copies of the following:

(i) A document that clearly describes, for the prudent but non-expert investor, the risks associated with trading in futures contracts, including any specific risk factors that apply to trading in any of the particular contracts or classes of contracts dealt with by the company;

(ii) one or more documents that clearly describe, for the prudent but non-expert investor, the class or classes of futures contracts in which the company intends to deal on behalf of that person; and

(iii) an investment broker disclosure document including the information listed in section 3 of the Investment Advisers (Disclosure) Act 1996.

(c) no employee, director, or agent of the company may give investment advice to any client unless that director, employee or agent has first provided investment adviser disclosure to that client in terms of the Investment Advisers (Disclosure) Act 1996, including the request disclosure under section 4 of the Act.

(d) any company document that states the company has been authorised by the Securities Commission to carry on the business of dealing in futures contracts includes a statement to the effect that:

(i) the Securities Commission’s role in authorising futures dealers is limited and does not imply approval or endorsement of the business, trading or solvency of the company; and

(ii) the Securities Commission has not approved the client services agreement or any disclosure documents of the company.

(e) the company maintains proper records:

(i) to record dealings in respect of futures contracts with or on behalf of the client;

(ii) to record client money, funds and property held or received in connection with dealings in futures contracts; and