Proposed Release of Deposit
Pursuant to the Insurance Companies’ Deposits Act 1953
PPX INSURANCE LIMITED ("the company") has given notice to 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 Public Trust.
Public Trust therefore gives notice, pursuant to section 19(3) of 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 17 December 2010, the amount deposited with Public Trust by the company.
Any objections to the release of the amount deposited should be lodged with Public Trust, 141 Willis Street, Wellington 6011, on or before 1 December 2010.
Dated at Wellington this 5th day of November 2010.
P. M. SHANAHAN, Public Trust.