24 MARCH 2005 NEW ZEALAND GAZETTE, No. 56 1445

The Treasury

Companies Act 1955
Land Transfer Act 1952

Notice of Disclaimer Under Section 338 of the Companies Act 1955

In the matter of the Land Transfer Act 1952, and in the matter of section 338 of the Companies Act 1955, and in the matter of R. O. Sandstad Limited:

Take notice that I, John Henry Whitehead, Secretary to the Treasury, pursuant to section 338 of the Companies Act 1955, hereby disclaim for and on behalf of Her Majesty the Queen, all right, title and interest of Her Majesty the Queen in leases C502071.3 and C502072.3 between Toshisada

Suzuki and Ikuko Suzuki as lessors and R. O. Sandstad Limited as lessee in respect of stratum estates in freehold within the meaning of the Unit Titles Act 1972 in Principal Unit "T" and Accessory Units 16 and 93 on DP 154558 comprised in Computer Unit Title Register NA92B/632 and Unit "U" and Accessory Units 17 and 94 on DP 154558 comprised in Computer Unit Title Register NA92B/633.

Such leases formerly held by R. O. Sandstad Limited, a company removed from the Companies Register on 1 June 1995.

And I certify that the vesting of the said leases did not come to my notice until 26 October 2004.

Dated at Wellington this 18th day of March 2005.

Signed by the Secretary to the Treasury, the said John Henry Whitehead for and on behalf of Her Majesty the Queen in the presence of:

JENNIE WAH, Executive Assistant, Wellington.

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Authorities and Other Agencies of State Notices

Commerce Commission

Electricity Industry Reform Act 1998

Notice of Temporary Exemption—Multiplex and Related Companies

Pursuant to section 81 (5) of the Electricity Industry Reform Act 1998 (“EIR Act”), this notice varies the temporary exemption granted to the Multiplex Group, published in the New Zealand Gazette, 23 December 2004, page 4414.

The Commerce Commission (“Commission”), pursuant to section 81 of the EIR Act, temporarily exempts the following entities from the application of section 17 of the EIR Act, in respect of their potential “cross-involvements” (as that term is defined in the EIR Act) that may arise from the purchase by Multiplex Funds Management Limited of the South City Shopping Centre (Christchurch), the Gen-I Tower (Auckland), the Telco Building (Auckland) and The Plaza (Auckland):

• Multiplex Albert Street Landowning Trust;
• Multiplex Albert Street Investment Trust;
• Multiplex Albert Street Landowner Pty Limited;
• Multiplex Albert Street Investment Pty Limited;
• Multiplex Funds Management Limited;
• Multiplex Limited;
• Multiplex Capital Limited;
• Multiplex Property Trust;
• Multiplex New Zealand Property Fund;
• Multiplex Tasman Property Fund;
• Roberts Family Nominees Limited;
• Multiplex Acumen Property Fund; and
• Acumen Capital Securities Limited.

This temporary exemption takes effect from the date of publication until:

• a permanent exemption takes effect, in the event that the Commission grants a permanent exemption; or
• three months after the date of the release of the Commission’s determination, if the Commission declines to grant a permanent exemption.

The Commission may vary or revoke this temporary exemption at any time in accordance with section 81 (5) of the EIR Act.

This temporary exemption takes effect from the date of publication of this notice in the New Zealand Gazette.

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Electricity Commission

Electricity Act 1992

Notice of Making of Electricity Governance Amendment Rules (No. 21) 2005 and Notice of Reasons for Decision

1. Pursuant to section 172I of the Electricity Act 1992, I notify the amendment of the Electricity Governance Rules 2003 (“the Rules”) under section 172H of the Electricity Act 1992.

2. The empowering provision for the electricity governance regulations in relation to which the Rules are amended is section 172D (1) (7) of the Electricity Act 1992.

3. A brief description of the nature of the amendment to Rule 7.1 of Section IV of Part F follows:

The amendment consists of inserting a provision for the Electricity Commission to allow Transpower a longer period than the 90 days currently set out in the Rules in which to submit a proposed transmission pricing methodology to the Electricity Commission.

4. The amendment is made in reliance on section 172E (3) of the Electricity Act 1992.

5. Pursuant to section 172Z (4) of the Electricity Act 1992, the reasons for my decision to amend the Rules are that: