2564 NEW ZEALAND GAZETTE, No. 96 30 AUGUST 2007

emailed or faxed using the Docket Clerk contact details as
stated above.
Dated at Petone this 28th day of August 2007.
STEVE DOUGLAS, Director of Civil Aviation.
au5992

Land Transport New Zealand

Land Transport Act 1998

Notification of Ordinary Rules

Pursuant to section 161(3) of the Land Transport Act 1998,
notification is hereby given of the making of the following
amendment Rules, which will come into force by 1 October
2007.

Land Transport (Road User) Amendment Rule 2007 (Rule
61001/2) – This amendment Rule makes minor changes
to Rule provisions relating to giving way at locations
other than intersections, and the use of alternately
flashing headlamps and lights on parked or standing
vehicles. The Rule clarifies the definition of “stop lamp”.

Land Transport Rule: Vehicle Standards Compliance
Amendment 2007 (Rule 35001/3) – This amendment
Rule clarifies and makes minor changes to provisions
regulating the fixing of Vehicle Identification Numbers
(VINs) to a vehicle and updates Rule definitions as a
consequence of changes to other legislation.

Both amendment Rules are available for inspection free
of charge at the National Office of Land Transport
New Zealand, 7 Waterloo Quay, Wellington.

Land Transport Rule: Vehicle Standards Compliance
Amendment 2007 will be available for purchase from
September 2007 at selected bookshops that sell government
legislation or direct from Wickliffe Limited, PO Box 932,
Dunedin, freephone 0800 226 440.

Land Transport (Road User) Amendment Rule 2007 is
available from bookshops that sell legislation or from
Legislation Direct. Telephone: (04) 568 0005.

The amendment Rules are also available on the Land
Transport New Zealand website at
www.landtransport.govt.nz/rules/

Dated at Wellington this 27th day of August 2007.
WAYNE PATRICK DONNELLY, Director of Land
Transport.
au6012

Securities Commission

Securities Markets Act 1988

The Authorised Futures Dealers Notice (No. 4) 2007

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

Notice

1. Title, commencement and expiry—(1) This notice is
the Authorised Futures Dealers Notice (No. 4) 2007.
(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 31 August 2012.

2. Interpretation—(1) In this notice, unless the context
otherwise requires:
“Act” means the Securities Markets Act 1988.
“designated funds manager” means a person named in the
Schedule to this notice.
“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.
“wholesale client” means any client that is:
(a) a person who controls at least $10 million; or
(b) a trustee of a trust or a funds manager, acting in
that capacity, who has under that person’s control,
as trustee or funds manager, net assets of at least
$10 million; or
(c) a person who is authorised to carry on the business
of dealing in futures contracts under the Act; or
(d) a person authorised in another jurisdiction by the
competent authority of that jurisdiction to deal in
futures contracts; or
(e) Her Majesty The Queen in right of New Zealand,
a Crown entity named in the Crown Entities Act
2004, or a State enterprise named in the First or
Second Schedule to the State-Owned Enterprises
Act 1986 (each as amended from time to time); or
(f) a person who is a statutory corporation or a
registered bank; or
(g) a person whose principal business is the
investment of money or who, in the course of
and for the purposes of their business, habitually
invests money; or
(h) a person who is a related body corporate of any
of the persons mentioned in subparagraphs (a) to (g)
above.
(2) Any term or expression that is defined in the Act and
used, but not defined, in this notice has the same meaning as
in the Act.

3. Designated dealers authorised to carry on the
business of dealing in futures contracts—(1) Every
designated funds manager is authorised to carry on the
business of dealing in futures contracts generally.
(2) The authorisation is subject to the conditions that:
(a) the designated funds manager does not carry
on the business of dealing in futures contracts
except as part of the business of that designated
funds manager as a funds manager, or an investment
adviser or investment manager for a funds manager
or a fund; and
(b) the designated funds manager deals only on behalf
of wholesale clients; and
(c) before dealing in any futures contract in respect
of which the authorisation applies, the designated
funds manager is satisfied on reasonable grounds
that the wholesale client is contracting:
(i) as principal on its own account; or
(ii) on behalf of a related body corporate; or
(ii) as trustee of a trust or manager of a managed
fund; and
(d) the designated funds manager does not carry
on the business of dealing in futures contracts on
behalf of any wholesale client other than one who
has entered into a written contract for services
with the designated funds manager, and then only in
accordance with the terms of that contract; and