Notice of Product Ruling 1. This is a notice of a product ruling made under section 91f of the Tax Administration Act 1994. 2. Product ruling No. 97/3 was issued on 22 January 1997. It relates to hedge facility agreements and the application of sections 3 and 14 of the Goods and Services Tax Act 1985, and will appear in Inland Revenue's Tax Information Bulletin, Vol. 9, No. 2 of February 1997. 3. A copy of the ruling may be obtained by writing to the Assistant General Manager (Adjudication & Rulings), National Office, Inland Revenue, P.O. Box 2198, Wellington. JEFFREY TYLER, Assistant General Manager (Adjudication & Rulings).