✨ Financial Reporting Exemption Notice
30 NOVEMBER 2007 NEW ZEALAND GAZETTE, No. 131 3397
Financial Reporting Act (ENSCO Oceanics International Company and ENSCO Offshore International Company) Exemption Notice 2007
Pursuant to section 35B of the Financial Reporting Act 1993, the Registrar of Companies gives the following notice (to which is appended a statement of reasons of the Registrar).
Notice
1 Title
This notice is the Financial Reporting Act (ENSCO Oceanics International Company and ENSCO Offshore International Company) Exemption Notice 2007.
2 Commencement
This notice comes into force on its notification in the New Zealand Gazette.
3 Expiry
This notice expires on the close of 31 July 2012.
4 Application
An exemption granted by this notice applies to the following accounting periods of the exempt overseas companies:
(a) an accounting period of the exempt overseas companies that commenced before the exemption is granted (including an accounting period that ended before the exemption is granted) if,—
(i) in the case of copies of financial statements or group financial statements for that period that are required to be delivered for registration under section 19 of the Act, the exemption is granted before those documents are required to be delivered for registration under that section; or
(ii) in any other case, the exemption is granted before the financial statements or group financial statements for that period are required to be completed;
and
(b) subsequent accounting periods.
5 Interpretation
In this notice, unless the context otherwise requires,—
Act means the Financial Reporting Act 1993
exempt overseas companies means ENSCO Oceanics International Company and ENSCO Offshore International Company
specified financial statements, in relation to the exempt overseas companies, means the group financial statements that are required to be prepared in respect of the exempt overseas companies in accordance with the laws of the Cayman Islands
US GAAP means generally accepted accounting principles in the United States of America.
6 Exemptions for directors of exempt overseas companies
(1) Every director of the exempt overseas companies is exempted from the following provisions in respect of the exempt overseas companies:
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2007, No 131
Gazette.govt.nz —
NZ Gazette 2007, No 131
✨ LLM interpretation of page content
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Financial Reporting Act (ENSCO Oceanics International Company and ENSCO Offshore International Company) Exemption Notice 2007
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💰 Finance & Revenue30 November 2007
Financial Reporting Act, Exemption Notice, Overseas Companies, ENSCO Oceanics International Company, ENSCO Offshore International Company, US GAAP, Cayman Islands
- Registrar of Companies