23 FEBRUARY 2012 NEW ZEALAND GAZETTE, No. 20 483

personnel, is subject to investigation by any regulatory or law enforcement agency; or

(d) the Company becomes aware that the Clearing House, or any of its directors or senior management personnel, is subject to any adverse finding by any Court, tribunal, regulatory authority, or disciplinary committee.

(9) The Company must, within 3 months after the end of its financial year, give a report to Financial Markets Authority on the extent to which it has complied with its obligations under clause 8 of this notice in the preceding financial year.

(10) The Company must at all times ensure Financial Markets Authority has been given notice of the person, or persons, Financial Markets Authority should contact in the first instance about matters it requires a response from the Company on.

8. Conditions relating to market supervision—(1) The Company must:

(a) to the extent that it is reasonably practicable, do all things necessary to ensure that the Market operates in a fair, orderly and transparent manner;

(b) have adequate arrangements for supervising the Market, including arrangements:

(i) for handling conflicts between the commercial interests of the Company and the need for the Company to ensure that the Market operates in a fair, orderly and transparent manner; and

(ii) for monitoring the conduct of Members; and

(iii) for enforcing compliance with the Regulations; and

(iv) that ensure there is a sufficiently independent adjudicative body to adjudicate on contraventions of the Regulations that are referred to it; and

(c) have sufficient resources (including financial, technological and human resources) to operate the Market properly and for the required supervisory arrangements to be provided.

9. Conditions relating to jurisdiction—The Company must submit to the non-exclusive jurisdiction of the New Zealand Courts in actions brought by Financial Markets Authority.

Dated at Wellington this 13th day of February 2012.

ELAINE CAMPBELL, Head of Compliance Monitoring, Financial Markets Authority.

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Land Notices

Education Act 1989

Land Declared No Longer Required for Education Purposes

Pursuant to section 70A of the Education Act 1989, and pursuant to an authority delegated to me, I, Kim Shannon, General Manager, Schools Property Infrastructure Group, Ministry of Education, Wellington, hereby give the following notice.

Notice

1. The land described in the Schedule to this notice is no longer required for education purposes.

2. This notice shall come into force on 23 February 2012.

Schedule

Dated at Wellington this 21st day of February 2012.

KIM SHANNON, General Manager, Schools Property Infrastructure Group, Ministry of Education.

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Public Works Act 1981

Road to be Stopped—Norrie Avenue, Raglan, Waikato District

Pursuant to section 116(1) of the Public Works Act 1981, and a delegation from the Minister for Land Information, Ainslie Drysdale, Land Information New Zealand, declares the portion of road described in the Schedule to this notice to be stopped and remain vested in the Waikato District Council on the date of publication hereof in the New Zealand Gazette.

South Auckland Land District—Waikato District

Schedule

Road to be Stopped

Dated this 14th day of February 2012.

A. DRYSDALE, for the Minister for Land Information.

(LINZ CPC/2005/10908)

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Land Acquired for Limited Access Road and for the Functioning Indirectly of a Road (Segregation Strip)—State Highway 3 Devon Road, New Plymouth District

Pursuant to section 20(1) of the Public Works Act 1981, and to a delegation from the Minister for Land Information, Ainslie Drysdale, Land Information New Zealand, declares that, pursuant to agreements to that effect having been entered into:

(a) The land described in the First Schedule to this notice is acquired for road which, pursuant to section 88(2) of the Government Roading Powers Act 1989, becomes road, limited access road and State highway;

(b) The land described in the Second Schedule to this notice is acquired for the functioning indirectly of a road (segregation strip) and shall vest in the Crown on the date of publication hereof in the New Zealand Gazette.