Appointment of Member of the Securities Commission Pursuant to section 11 of the Securities Act 1978, as amended by sections 2 and 4 of the Securities Amendment Act 1986, His Excellency the Governor-General has been pleased to appoint Stephen Leslie Franks of Wellington to be a member of the Securities Commission for a period of 5 years commencing on the date of appointment. Dated at Wellington this 28th day of October 1997. Hon. JOHN LUXTON, Minister of Commerce.