NEW ZEALAND GAZETTE, No. 140 — 20 NOVEMBER 2014

2. The amendment comes into force on 19 December 2014, except clauses 6, 7 and 8, which come into force on 23 February 2015.

3. The amendment makes changes to the Code under section 39(3) of the Act that are of a technical and non-controversial nature or for which there is widespread support among the people likely to be affected by them.

4. Transpower New Zealand Limited’s contracted approved test houses ("ATHs") currently have exemptions from clause 31(7) of Schedule 10.7 and clause 2(1) of Schedule 10.8 of the Electricity Industry Participation Code 2010 ("Code") that allow ATHs to ensure measurement transformer accuracy at low burdens. These exemptions expire on 31 December 2014. This amendment removes the need for further exemptions.

5. The amendment makes minor changes to the Code, including changes to amend the definitions of "approved test house", "half-hour metering information", "nominated bid", and "submission expiry date", to clarify the requirement for participants to provide complete and accurate information under Parts 10, 11 and 15, to clarify the metering component requirements for ATHs under Schedule 10.8, and to amend the requirement for generators to provide half-hour metering information to the relevant grid owner instead of the pricing manager under clauses 13.136–13.141 and 13.145–13.147.

6. In accordance with section 39(3)(a) and (b) of the Act, the Authority has not prepared and publicised a regulatory statement or consulted on the amendment and the regulatory statement because it is satisfied that the amendments are technical and non-controversial or that there is widespread support for the amendment among the people likely to be affected by it.

7. A copy of the amendment and the Code is available on the Authority’s website at www.ea.govt.nz/code-and-compliance/the-code

8. A copy of the amendment and the Code may also be inspected free of charge or purchased from the Electricity Authority, Level 7, ASB Bank Tower, 2 Hunter Street, Wellington.

Dated at Wellington this 18th day of November 2014.

Dr THOMAS BRENT LAYTON, Chairperson, Electricity Authority.

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Notice Under the Financial Advisers Act 2008

Pursuant to section 147B(d) of the Financial Advisers Act 2008, notice is given of the issue of a consultation paper on additional standard conditions for authorised financial advisers.

The Financial Markets Authority (FMA) considers that the additional standard conditions should apply to current authorisations of financial advisers to ensure that the policy intentions of the amendments to the Financial Advisers Act 2008 are complied with by authorised financial advisers.

The additional standard conditions would be incorporated into the standard conditions on the 28th day after notification of approval by the FMA of the additional standard conditions in the New Zealand Gazette.

The paper Personalised DIMS under the Financial Advisers Act 2008 can be downloaded from the FMA’s website at www.fma.govt.nz/laws-we-enforce/policy/current-consultations/

Printed copies are also available from the Financial Markets Authority at Level 2, 1 Grey Street, Wellington, and Level 5, Ernst & Young Building, 2 Takutai Square, Britomart, Auckland.

Written submissions can be made to the Financial Markets Authority, PO Box 1179, Wellington 6140, or via email to consultation@fma.govt.nz

Submissions close at 5.00pm on Tuesday 9 December 2014.

Dated this 18th day of November 2014.

ELAINE CAMPBELL, Director of Compliance, Financial Markets Authority.

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