27 JULY 2006

NEW ZEALAND GAZETTE, No. 85

This notice is placed pursuant to the Sentencing Regulations 2002.

DELWYNE WOODMASS, Deputy Registrar.
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Order for Confiscation of Motor Vehicle

An order was made in the Taumarunui District Court on
14 March 2006, for the confiscation of the following motor
vehicle:

1989 Toyota Corona, Registration No. XI4142.

Against: Richard Bell.

Anyone who has a legal interest in this vehicle should
contact the Court urgently (telephone (07) 896 0010) as the
Registrar may sell the vehicle.

This notice is placed pursuant to the Sentencing Regulations 2002.

DELWYNE WOODMASS, Deputy Registrar.
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Research, Science and Technology

Foundation for Research, Science, and Technology Act 1990

Notice of Changes to Ministerial Scheme Under

Section 8A of the Foundation for Research, Science,
and Technology Act 1990—the New Economy Research Fund Scheme

Direction to: The Foundation for Research, Science and Technology (“the foundation”).

Under section 8A of the Foundation for Research, Science, and Technology Act 1990, the foundation is directed to allocate funds in accordance with the New Economy Research Fund Scheme (“the scheme”) specified in this notice.

This direction revokes and replaces the direction, establishing the scheme, issued to the Foundation for Research, Science and Technology by the Minister of Research, Science and Technology, on the 1st day of November 1999, and published in New Zealand Gazette, 18 November 1999, No. 173, page 4102.

Allocation of funds under the scheme must be consistent with the direction issued to the foundation under section 103 of the Crown Entities Act 2004, which came into effect on the 8th day of May 2006, and published in New Zealand Gazette, 18 May 2006, No. 47, page 1183, as that direction may be amended from time to time.

The New Economy Research Fund Scheme

The Nature of the Scheme

The New Economy Research Fund will facilitate research through supporting researcher-led innovation aimed at developing capability and knowledge in new areas or applications where industries are emerging or yet to emerge, in order to underpin new high-technology business opportunities.

The focus of the research should be on targeted basic research and human capital that will underpin new enterprises and new sectors.

The scheme is not restricted to any type of research provider.

Research providers must be able to demonstrate the capability to carry out the proposed research themselves.

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The Objectives of the Scheme

The primary objective of the scheme is to underpin new or emerging knowledge-based enterprises in New Zealand through:

• supporting investigator-initiated basic research that has the potential to create the advanced technological platforms that will underpin new and emerging industries;
• building a critical mass of research capability and new knowledge in emerging science and technology areas;
• developing advanced human capital and skills that draw from rapidly advancing international science and technology; and
• developing new areas of knowledge to a point where they may be further developed, sustained and/or exploited through other public or private investments.

Principles for Determining Research Support

The scheme will support research proposals that:

• meet international standards of excellence;
• seek to build new areas of knowledge and research groupings in areas extending beyond existing industry boundaries;
• build human capital in advanced science and technology that may underpin the emergence of new industries;
• are initiated as a basic research concept or idea, and develop towards a research-led commercial opportunity; and
• involve research based in New Zealand, but which may include appropriate international collaboration to maximise the benefit to New Zealand.

It is recognised and accepted that the research supported by the scheme may generate uncertain or unpredictable results.

Funding Estimate

The amount of funds available for the scheme is estimated at $61.586 million. Actual funding will be published in the annual Estimates of Appropriation.

Timing Estimate

It is estimated that the scheme will operate for a minimum of five years from the date of this notice.

Monitoring

The foundation’s management of the scheme will be monitored by the Ministry of Research, Science and Technology.

Dated at Wellington this 20th day of July 2006.

STEVE MAHAREY, Minister of Research, Science and Technology.
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The Treasury

Crown Entities Act 2004

Notice of Approval Given Pursuant to Section 160 (3) of the Crown Entities Act 2004

Pursuant to section 160 (3) of the Crown Entities Act 2004, I, John Whitehead, Secretary to the Treasury, hereby give notice that on 12 July 2006, we, Barbara Disley, Acting Secretary for Education, and John Whitehead, Secretary to the Treasury, gave approval, under section 160 (1) (b) of the Crown Entities Act 2004, in relation to section 161 of that Act, for each of the following school boards of trustees to acquire 2 x $1,000 equity securities issued by Canterbury Education Services: