Pursuant to section 160(3) of the Crown Entities Act 2004, I, Jeremy Salmond, Treasury Solicitor, hereby give notice that on 30 June 2013, The Honourable Simon William English, Minister of Finance, and The Honourable Anthony Boyd Williams Ryall, Minister of Health, gave approval under section 160(1)(b) of the Crown Entities Act 2004, in relation to section 162 of that Act, for the New Zealand Blood Service (NZBS) to enter into credit arrangements, to a maximum total amount of $8.3 million, subject to the following conditions:
(a) NZBS must act in compliance with the NZBS Financial Guidelines Policy; and
(b) NZBS must seek permission from the Minister of Health to borrow more than $3.0 million in relation to any single capital project.
This approval replaces the approval notified in the
New Zealand Gazette, 2 July 2009, No. 97, page 2195.
Dated at Wellington this 2nd day of August 2013.
JEREMY SALMOND, Treasury Solicitor.