Pursuant to section 38 of the Securities Markets Act 1988, the Securities Commission gives the following notice.
N o t i c e
1. Title and commencement-(1) This notice is the Authorised Futures Dealers Notice (No. 5) 2003.
(2) This notice comes into force on 1 November 2003.
2. Interpretation-(1) In this notice, unless the context otherwise requires:
"Act" means the Securities Markets Act 1988.
"exchange" means the New Zealand Futures and Options Exchange Limited.
"the company" means Fixed Interest Securities
(New Zealand) Limited.
(2) Any term or expression that is not defined in this notice, but that is defined in the Act, has the same meaning given
to it by the Act.
3. Authorisation-(1) The company is authorised to carry on the business of dealing in futures contracts generally.
(2) The authorisation is subject to the conditions that:
(a) the company is a public broker within the meaning of the rules of the exchange; and
(b) the company is bound by the rules of the exchange; and
(c) the authorisation applies in respect of futures contracts made on or effected through the exchange or 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.
(3) This authorisation continues in force until it is revoked by the commission.
(4) The Authorised Futures Dealer Notice 1994 (No. 7), published in the New Zealand Gazette, 23 June 1994, page 2090, is hereby revoked in accordance with clause 3 (3) of that notice.
Dated at Wellington this 1st day of October 2003.
The Common Seal of the Securities Commission was affixed in the presence of:
[L.S.]
JANE DIPLOCK, Chairperson.