NEW ZEALAND GAZETTE, No. 64

27 MARCH 2008

Emergency airworthiness directives were issued with effective dates as follows:

DCA/STEMME/17 14 March 2008 DCA/GD/21 19 March 2008
DCA/MA/14 14 March 2008

Airworthiness directives may be viewed on the CAA website (www.caa.govt.nz) or at Aviation House, 10 Hutt Road, Petone.
Dated this 25th day of March 2008.

OWEN OLLS, Airworthiness Specialist.
au2066

Electricity Commission

Electricity Governance Regulations 2003

Electricity Governance Regulations (Exemption No. 61 (Transpower New Zealand Limited)) Exemption Notice 2008

Pursuant to Regulation 194(2) of the Electricity Governance Regulations 2003, the Electricity Commission ("Commission") gives the following notice.

Notice

1. Title and commencement—(1) This notice is the Electricity Governance Regulations (Exemption No. 61 (Transpower New Zealand Limited)) Exemption Notice 2008.

(2) This notice comes into force on the day after the date it is notified in the New Zealand Gazette.

2. Exemption—Transpower New Zealand Limited, in its capacity as system operator ("system operator"), is exempted from compliance with the obligation to submit a draft policy statement, contained in Rule 10.1 of Section II of Part C of the Electricity Governance Rules 2003 (Rules).

3. Terms and conditions—This exemption is granted on the following conditions:

(a) that it only applies to the draft policy statement required to be submitted by the system operator no later than 31 March 2008; and

(b) that it will expire on 30 September 2008.

4. Reasons for granting the exemption—The reasons for granting this exemption are:

(a) it would be unreasonable to require the system operator to submit a draft policy statement when no significant or substantial changes have been identified during the system operator’s pre-consultation;

(b) the policy statement review process prescribed by Rules 10 and 11 of Section II of Part C of the Rules is time and resource intensive for all affected parties and is not considered the best utilisation of resources if no substantive issues require effecting a new policy statement;

(c) the exemption does not preclude the application of Rule 12.2 of Section II of Part C, which allows variations to the policy statement to be proposed to the board by any participant at any time; and

(d) the outcome of the Commission’s review in March 2007 of the policy statement review process showed a reasonable measure of industry support for a two-yearly policy statement review cycle. However, the annual review was retained largely at the request of the system operator, and noting the ability of the system operator to seek an exemption in circumstances such as these.

Dated at Wellington this 20th day of March 2008.

For and on behalf of the Electricity Commission:

DAVID CAYGILL, Chair.
au2064

Reserve Bank of New Zealand

Reserve Bank of New Zealand Act 1989

Registered Bank Disclosure Statement (Off-Quarter – New Zealand Incorporated Registered Banks) Amendment Order 2008

ANAND SATYANAND, Governor-General

ORDER IN COUNCIL

At Wellington this 25th day of March 2008

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

Pursuant to section 81 of the Reserve Bank of New Zealand Act 1989, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council and on the advice of the Minister of Finance given in accordance with a recommendation of the Reserve Bank, makes the following order.

Order

1. Title—This order is the Registered Bank Disclosure Statement (Off-Quarter – New Zealand Incorporated Registered Banks) Amendment Order 2008.

2. Commencement—This order comes into force on 30 March 2008.

3. Principal Order amended—This order amends the Registered Bank Disclosure Statement (Off-Quarter – New Zealand Incorporated Registered Banks) Order 2008*.