10 SEPTEMBER 2009 NEW ZEALAND GAZETTE, No. 135 3159

Schedule 1—Purpose of trial

The purpose of the trial is to evaluate the effectiveness and safety of roundabouts without R2-3 “Give-way roundabout” signs or a white limit line or M6-2 “Give way triangle” markings as required by subclause 10.4(1) of the Rule at intersections on streets where traffic calming devices have been installed so as to reduce average speeds to less than 30 km/h.

Schedule 2—Form and operation of roundabouts

Form: All roads approaching the roundabouts will have traffic calming devices installed to limit speeds to less than 30 km/h. The roundabouts will be designed with one relatively narrow circulating lane suitable for light vehicles and a mountable central island traversable by larger vehicles.

Operation: The roundabouts may operate without the devices specified in subclause 10.4(1), that is: R2-3 “Give-way roundabout” signs or a white limit line or M6-2 “Give way triangle” markings.

Schedule 3—Location

The four sites approved for this trial are at Point England in Auckland City, namely at the intersections of:

(a) Anderson Avenue and Holland Avenue;
(b) Anderson Avenue and Ropata Avenue;
(c) Anderson Avenue and Waddell Avenue; and
(d) Maybury Street and Dalton Street.

Schedule 4—Period of trial

The trial shall start on 10 September 2009 and end by 10 September 2011.

Schedule 5—Conditions

An evaluation will be undertaken as described in section 7.0 “Proposed Assessment” of the “Self Explaining Local Roundabout Trial Point England” application report prepared by Traffic and Transportation Engineers Limited for Auckland City Council in March 2008.

The evaluation reports shall be received by me by 10 April 2010.

Dated at Wellington this 7th day of September 2009.

LYNDON BRYAN HAMMOND, National Manager Network Management.

au7553

Securities Commission

Securities Markets Act 1988

The Authorised Futures Dealers (Commonwealth Securities Limited) Notice 2009

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

Notice

Clause 1: Title, commencement and expiry

1(1) This notice is the Authorised Futures Dealers (Commonwealth Securities Limited) Notice 2009.

1(2) This notice comes into force on the day after the date of its publication in the New Zealand Gazette.

1(3) This notice expires on the close of 30 September 2014.

Clause 2: Interpretation

2(1) In this notice, unless the context otherwise requires:

“Act” means the Securities Markets Act 1988.

“AFS Licence” means an Australian financial services licence granted under the Corporations Act 2001.

“ASX” means ASX Limited.

“company” means Commonwealth Securities Limited.

“Corporations Act 2001” means the Corporations Act 2001 of the Commonwealth of Australia.

“Corporations Regulations” means any regulations made under the Corporations Act 2001.

“Regulations” means the Futures Industry (Client Funds) Regulations 1990.

“SFE” means SFE Corporation Limited.

“specified futures contract” means a futures contract that is a contract made on or effected through on a market operated by ADX Limited, a company incorporated in Australia.

2(2) Any term or expression that is defined in the Act or the Regulations and used, but not defined, in this notice has the same meaning as in the Act or the Regulations.

Clause 3: Authorisation

3(1) The company is authorised to carry on the business of dealing in specified futures contracts.

3(2) The authorisation in this clause 3 is subject to the conditions that:

(a) the company does not deal in specified futures contracts with any person other than a person who has entered into a written agreement with the company, or a written agreement with ASB Securities Limited which expressly provides for the company to deal on behalf of that person, and then only in accordance with the terms of that agreement;

(b) the company holds a current AFS Licence which allows it to advise retail and wholesale clients on, and to deal on behalf of retail and wholesale clients in, derivatives, including futures contracts;

(c) the company is a full participant of the SFE;

(d) the company is a clearing participant of the ASX, and is bound by the operating rules of the ASX;

(e) any company document that states the company has been authorised by the Securities Commission to carry on the business of dealing in futures contracts includes a statement to the effect that:

(i) the Securities Commission’s role in authorising futures dealers is limited and does not imply approval or endorsement of the business, trading or solvency of the company; and

(ii) the Securities Commission has not approved any agreements or any disclosure documents of the company;

(f) the company maintains proper records:

(i) to record dealings in respect of specified futures contracts with clients;

(ii) to record client money or property received, held or otherwise dealt with in connection with dealings in specified futures contracts; and

(iii) which are audited or reviewed, and reported on, in accordance with the Financial Reporting Act 1993;

(g) the company sends a copy of its audited financial statements to the Securities Commission not more than three months after the end of each financial year;