New Zealand Gazette – 2007 – No. 131

Page 3399

✨ Financial Reporting Exemption Notice

30 NOVEMBER 2007 NEW ZEALAND GAZETTE, No. 131 3399

The Registrar considers that it is appropriate to grant the exemptions because—

• the Registrar has had regard to the financial reporting requirements that must be
complied with by ENSCO Oceanics International Company and ENSCO
Offshore International Company in their home jurisdiction; and

• ENSCO Oceanics International Company and ENSCO Offshore International
Company will still be required to file financial statements for the group's New
Zealand business prepared in accordance with New Zealand generally accepted
accounting practice as if the members of the group were companies formed and
registered in New Zealand; and

• the Registrar is satisfied that the consolidated financial statements required to be
prepared under Cayman Islands financial reporting laws provide sufficient
information to avoid any detriment to members of the public who have dealings
with ENSCO Oceanics International Company and ENSCO Offshore
International Company; and

• the exemptions address the particular difficulties experienced by ENSCO
Oceanics International Company and ENSCO Offshore International Company
carrying on business in New Zealand. The exemptions are not broader than what
is reasonably necessary to address these difficulties and still require that group
financial statements be filed in New Zealand.

Date of notification in New Zealand Gazette: 30 November 2007.

This notice is administered by the Registrar of Companies.

VUW Te Waharoa — NZ Gazette 2007, No 131

Gazette.govt.nz — NZ Gazette 2007, No 131

The General Assembly Library (on the right) was completed in 1899 and survived the 1907 fire. Now the oldest remaining original Parliament building, still used as the Parliamentary Library.

✨ LLM interpretation of page content

💰 Financial Reporting Act (ENSCO Oceanics International Company and ENSCO Offshore International Company) Exemption Notice 2007 (continued from previous page)

Domain💰 Finance & Revenue
Dated28 November 2007
KeywordsFinancial Reporting Act, Exemption Notice, Overseas Companies, ENSCO Oceanics International Company, ENSCO Offshore International Company, US GAAP, Cayman Islands
👩‍💼 Officials

Registrar of Companies

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