Securities Act (Alpine Dairy Products Limited) Exemption Notice 1993

  • revoked
  • Securities Act (Alpine Dairy Products Limited) Exemption Notice 1993: revoked, on 21 September 2007, by clause 4(a) of the Securities Act (Extension of Term, Amendment, and Revocation of Certain Exemptions) Exemption Notice 2007 (SR 2007/277).

Reprint
as at 21 September 2007

Securities Act (Alpine Dairy Products Limited) Exemption Notice 1993

(SR 1993/113)

  • Securities Act (Alpine Dairy Products Limited) Exemption Notice 1993: revoked, on 21 September 2007, by clause 4(a) of the Securities Act (Extension of Term, Amendment, and Revocation of Certain Exemptions) Exemption Notice 2007 (SR 2007/277).


Note

Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this eprint.

A general outline of these changes is set out in the notes at the end of this eprint, together with other explanatory material about this eprint.

This notice is administered in the Securities Commission.


PURSUANT to the Securities Act 1978, the Securities Commission gives the following notice.

1 Title and commencement
  • (1) This notice may be cited as the Securities Act (Alpine Dairy Products Limited) Exemption Notice 1993.

    (2) This notice shall come into force on the day after the date of its notification in the Gazette.

2 Interpretation
  • (1) In this notice, unless the context otherwise requires,—

    The Act means the Securities Act 1978

    Company means Alpine Dairy Products Limited

    Specified debt securities means debt securities in the form of capital notes issued by the company to its supplying shareholders in proportion to the volume of milk supplied to the company by those shareholders.

    (2) Any term or expression that is not defined in this notice, but that is defined in the Act, has the meaning given to it by the Act.

3 Alpine Dairy Products Limited exempt from provisions of section 54 of the Securities Act 1978 in respect of certain securities
  • (1) Subject to subclause (2) of this clause, the company is exempted from compliance with the provisions of section 54 of the Act in respect of specified debt securities of which it is the issuer.

    (2) The exemption granted by subclause (1) of this clause is subject to the condition that the company shall send, or cause to be sent, to the security holder at any time upon request and at least once every 6 months, a written statement that properly evidences the nature, ownership, terms, and conditions of the security.


Explanatory note

This note is not part of the notice, but is intended to indicate its general effect.

This notice, which comes into force on the day after the date of its notification in the Gazette, exempts Alpine Dairy Products Limited from compliance with section 54 of the Securities Act 1978 in the case of specified debt securities (as that term is defined).

Section 54 requires the issuer of a security to send to the holder, within one month of allotment or receipt of a registrable transfer, either the security or a certificate of the security that properly evidences the nature, ownership, terms, and conditions of it, in either case executed by or on behalf of the issuer.

The exemption is subject to the condition that the company sends, or causes to be sent, to a security holder on request and at least once every 6 months a written statement that properly evidences the nature, ownership, terms, and conditions of the security.


Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notification in Gazette: 29 April 1993.


Contents

  • 1General

  • 2About this eprint

  • 3List of amendments incorporated in this eprint (most recent first)


Notes
1 General
  • This is an eprint of the Securities Act (Alpine Dairy Products Limited) Exemption Notice 1993. It incorporates all the amendments to the Securities Act (Alpine Dairy Products Limited) Exemption Notice 1993 as at 21 September 2007. The list of amendments at the end of these notes specifies all the amendments incorporated into this eprint since 3 September 2007. Relevant provisions of any amending enactments that contain transitional, savings, or application provisions are also included, after the Principal enactment, in chronological order.

2 About this eprint
  • This eprint has not been officialised. For more information about officialisation, please see "Making online legislation official" under "Status of legislation on this site" in the About section of this website.

3 List of amendments incorporated in this eprint
(most recent first)
  • Securities Act (Extension of Term, Amendment, and Revocation of Certain Exemptions) Exemption Notice 2007 (SR 2007/277): clause 4(a)