NEW ZEALAND GAZETTE, No. 111 — 8 OCTOBER 2015

Contributions) where:

a. the employer or the Scheme’s administrator collects those contributions; and

b. the contributions do not exceed (as to either amount or frequency) the contributions that were being paid by the relevant member in accordance with the Trust Deed for the Scheme immediately prior to the member commencing leave of absence.

5. Where any withdrawals are made by a member in addition to that member making Regular Leave of Absence Contributions during the permitted period of unpaid leave of absence, the following sections of the Act apply to such withdrawals and contributions:

a. Sections 10–17 of the Act (and for the purposes of section 14(d) of the Act the first such withdrawal is specified as a circumstance in which standard customer due diligence must be conducted);

b. sections 40–48 of the Act;

c. where the transaction is relevant to a suspicious transaction report, sections 49(1) and (2)(a)–(f) of the Act; and

d. sections 92–100 of the Act.

6. Where any Regular Leave of Absence Contributions are received from international sources during the permitted period of unpaid leave of absence, the following sections of the Act apply to such contributions:

a. Sections 10–17 of the Act (and for the purposes of section 14(d) of the Act the receipt of a contribution from an international source is specified as a circumstance in which standard customer due diligence must be conducted);

b. sections 40–48 of the Act;

c. where the transaction is relevant to a suspicious transaction report, sections 49(1) and 2(a)–(f) of the Act; and

d. sections 92–100 of the Act.

7. The exemption has been granted for the following reasons:

a. the Trustees’ only duties as a reporting entity under the Act are in respect of the Scheme;

b. the Scheme poses a very low risk of money laundering or terrorism financing;

c. any risks posed by voluntary contributions outside of payroll have been addressed by the conditions;

d. due to the very low money laundering and terrorism financing risks raised by the Scheme and the significant compliance costs that would arise from not granting this exemption, I consider that any benefits of requiring compliance with the Act are not justified by the associated costs; and

e. this exemption is consistent with (and has no effect on the purpose or intent of) the Act, the Financial Transactions Reporting Act 1996 and New Zealand’s international obligations as a member of the Financial Action Task Force and the Asia Pacific Group on Money Laundering.

8. This exemption came into force on the day after the date I granted this exemption (28 September 2015).

9. This exemption will expire on 30 June 2018.

Any person wishing to provide comment on this notice should contact the Criminal Law Team at the Ministry of Justice by emailing international.crime@justice.govt.nz

2015-go5940

Change of Class of Te Whata Tau o Pūtauaki (651), Kawerau

Pursuant to section 153(1)(b) of the Education Act 1989, I declare that Te Whata Tau o Pūtauaki (651), Kawerau, will become a Year 1–13 wharekura and cease to be a Year 1–8 full primary kura on 26 January 2016.

The wharekura will enrol students in stages as follows:

Year 1–9 students in 2016.

Year 1–10 students in 2017.

Year 1–11 students in 2018.