Proposed Release of Deposit
Pursuant to the Insurance Companies' Deposits Act 1953
Advicsea Limited (hereinafter called "the company") has given notice to the Public Trust that it has ceased to carry on the business of insurance in New Zealand and that it proposes to withdraw, pursuant to section 19 of the Act, the deposit which has been made by it with the Public Trust.
Public Trust therefore gives notice, pursuant to section 19 (3) the Act, that being satisfied that all liabilities of the company in New Zealand in respect of such insurance business have been fully liquidated or provided for, it proposes to release to the company on or after the 16th day of December 2003, the amount deposited with Public Trust by the company.
Any objections to the release of the amount deposited should be lodged with the Public Trust at Public Trust Office, 117-125 Lambton Quay, Wellington 1, on or before the 12th day of December 2003.
Dated at Wellington this 14th day of November 2003.
D. J. MATHER, Public Trust.