NEW ZEALAND GAZETTE, No. 152

15 OCTOBER 2009

Schedule

Fees (GST exclusive)
$
Application for a new real estate licence 95.00
Application to renew a deemed real estate licence* 95.00

Levies (GST exclusive)
Annual Operational levy 366.00
Annual Disciplinary levy 33.00

Further enquiries by post to Real Estate Agents Authority, PO Box 25371, Wellington 6011.
Dated at Wellington this 12th day of October 2009.
KRISTY McDONALD, Chair, Real Estate Agents Authority.

*Transitional arrangements in the Real Estate Agents Act 2008 (sections 166 and 167), licences that are deemed will expire on 31 March 2010. Licensees will incur an application fee for the granting of a new licence under the provisions of the Real Estate Agents Act 2008.

au8542

Securities Commission

Securities Markets Act 1988

The Authorised Futures Dealers (Centurion Finance 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) This notice is the Authorised Futures Dealers (Centurion Finance Limited) Notice 2009.

(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 October 2011.

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

“Act” means the Securities Markets Act 1988.

“advertisement” has the meaning given to it in section 2A of the Securities Act 1978, except that every reference to securities should be read as a reference to specified futures contracts, and every reference to the issuer should be read as a reference to the Company.

“Auditor” means the qualified auditor who has been appointed by the Company and entered into agreed upon procedures with the Company in accordance with clause 6(1) and (2) of this notice.

“Company” means Centurion Finance Limited (company number 296484).

“disclosure document” means a written document that describes and contains the offer of, and relates specifically to, a particular class, or particular classes, of the specified futures contracts.

“Prescribed Liquid Funds Amount” is the amount specified in clause 5(3).

“qualified auditor” has the same meaning as in section 2C of the Securities Act 1978.

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

“specified futures contract” means a futures contract that is an option in respect of foreign currency or other forward foreign exchange contract that is issued by the Company and described in the disclosure document.

“Surplus Liquid Funds” has the meaning set out in clause 5(4).

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

(2) The authorisation only applies to specified futures contracts to which the Company is, or intends to be, a party.

(3) The authorisation is subject to the conditions that:

(a) the Company does not enter into specified futures contracts with any person other than a person who has entered into a written agreement with the Company, and then only in accordance with the terms of that agreement;

(b) before the Company enters into a specified futures contract with any person, that person has received a disclosure document that complies with the requirements of clause 4 of this notice;

(c) every advertisement for a specified futures contract must refer to a disclosure document that relates to the specified futures contracts referred to in the advertisement;

(d) no advertisement shall contain any information, sound, image or other matter that is inconsistent with any disclosure document referred to in the advertisement;