Pursuant to section 81 (5) of the Electricity Industry Reform Act 1998 (“EIR Act”), this notice varies the temporary exemption granted to the Multiplex Group, published in the New Zealand Gazette, 23 December 2004, page 4414.
The Commerce Commission (“Commission”), pursuant to section 81 of the EIR Act, temporarily exempts the following entities from the application of section 17 of
the EIR Act, in respect of their potential “cross-involvements” (as that term is defined in the EIR Act) that may arise from the purchase by Multiplex Funds Management Limited
of the South City Shopping Centre (Christchurch), the Gen-I Tower (Auckland), the Telco Building (Auckland) and The Plaza (Auckland):
? Multiplex Albert Street Landowning Trust;
? Multiplex Albert Street Investment Trust;
? Multiplex Albert Street Landowner Pty Limited;
? Multiplex Albert Street Investment Pty Limited;
? Multiplex Funds Management Limited;
? Multiplex Limited;
? Multiplex Capital Limited;
? Multiplex Property Trust;
? Multiplex New Zealand Property Fund;
? Multiplex Tasman Property Fund;
? Roberts Family Nominees Limited;
? Multiplex Acumen Property Fund; and
? Acumen Capital Securities Limited.
This temporary exemption takes effect from the date of publication until:
? a permanent exemption takes effect, in the event that
the Commission grants a permanent exemption; or
? three months after the date of the release of the Commission’s determination, if the Commission declines to grant a permanent exemption.
The Commission may vary or revoke this temporary exemption at any time in accordance with section 81 (5) of the EIR Act.
This temporary exemption takes effect from the date of publication of this notice in the New Zealand Gazette.