Dated at Wellington this 18th day of October 2004.
The Common Seal of the Securities Commission was affixed in the presence of:
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, declares options to acquire or dispose of quoted securities (as that term is defined) that are offered by ABN AMRO Australia Limited (ABN AMRO) to be options to which Part 3 of the Securities Markets Act 1988 applies. The options must be offered under the terms of ABN AMRO’s collar and monetisation facility (as that term is defined) and in accordance with the Authorised Futures Dealers Notice (No. 4) 2004, a Gazette notice that authorises ABN AMRO to deal in futures contracts to which ABN AMRO is a party, provided certain conditions are met.
The term futures contract is defined by section 37(1) of the Securities Markets Act 1988 to include an option declared by the Securities Commission to be an option to which Part 3 of the Act applies.
Under section 38 of that Act, no person may deal in futures contracts unless that person is a member of an authorised futures exchange or is authorised by the Securities Commission to carry on the business of dealing in futures contracts.