The Authorised Futures Dealers Notice 1996 (No. 2) Pursuant to section 38 of the Securities Amendment Act 1988, the Securities Commission gives the following notice. N o t i c e 1. Title and commencement (1) This notice may be cited as The Authorised Futures Dealers Notice 1996 (No. 2). (2) This notice shall come into force on the day of its publication in the New Zealand Gazette. 2. Interpretation (1) In this notice, unless the context otherwise requires: ``the Act'' means the Securities Amendment Act 1988. (2) Any term or expression that is not defined in this notice, but that is defined in the Act, has the meaning given to it by the Act. 3. Norwich Union Investment Management (NZ) Limited authorised to carry on the business of dealing in futures contracts (1) Norwich Union Investment Management (NZ) Limited is hereby authorised to carry on the business of dealing in futures contracts made on or effected through: (a) an authorised futures exchange; or (b) a futures exchange in a country other than New Zealand which is authorised by the laws of that country to operate as a futures exchange. (2) The authorisation of Norwich Union Investment Management (NZ) Limited referred to in subclause (1) of this clause is subject to the condition that Norwich Union Investment Management (NZ) Limited does not carry on the business of dealing in futures contracts except: (a) as part of the business of Norwich Union Investment Management (NZ) Limited as a funds manager; or (b) as part of the duties and functions of Norwich Union Investment Management (NZ) Limited as a trustee of any managed fund. (3) The authorisation granted by subclause (1) of this clause shall continue in force until it is revoked by the Commission. The common seal of the Securities Commission was hereunto affixed this 30th day of January 1996 before me: l.s. E. H. ABERNETHY, Chairman.