Securities Act (Friendly Societies) Exemption Amendment Notice 2004

  • revoked
  • Securities Act (Friendly Societies) Exemption Amendment Notice 2004: revoked, on 1 April 2011, pursuant to clause 12 of the Securities Act (Friendly Societies) Exemption Notice 2011 (SR 2011/61).

Securities Act (Friendly Societies) Exemption Amendment Notice 2004

(SR 2004/373)

  • Securities Act (Friendly Societies) Exemption Amendment Notice 2004: revoked, on 1 April 2011, pursuant to clause 12 of the Securities Act (Friendly Societies) Exemption Notice 2011 (SR 2011/61).


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 by the Securities Commission.


Pursuant to the Securities Act 1978, the Securities Commission gives the following notice (to which is appended a statement of reasons of the Securities Commission).

1 Title
2 Commencement
  • This notice comes into force on the day after the date of its notification in the Gazette.

3 Friendly societies
  • The Schedule of the principal notice is amended by inserting, after the item relating to the Manchester Unity Friendly Society, the following item:

    The Hibernian Catholic Benefit Society

Dated at Wellington this 26th day of October 2004.

The Common Seal of the Securities Commission was affixed in the presence of:

K Dunstan,

Member.

[LS]


Statement of reasons

This notice, which comes into force on the day after the date of its notification in the Gazette, amends the Securities Act (Friendly Societies) Exemption Notice 2002 to name The Hibernian Catholic Benefit Society as a friendly society for the purposes of that notice.

The Securities Commission considers it appropriate to name The Hibernian Catholic Benefit Society as a friendly society because

  • it is a friendly society within the meaning of the Friendly Societies and Credit Unions Act 1982 and it is registered as such in terms of that Act; and

  • the Commission has recently reviewed the policy, content of, and conditions applying to the class notice and renewed that class exemption after finding it remained relevant, useful, and in compliance with Commission policy in relation to bodies that can technically be considered issuers but whose members do not invest to gain a commercial return. The products offered by The Hibernian Catholic Benefit Society appear consistent with the purposes of this exemption.


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

Date of notification in Gazette: 28 October 2004.


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 (Friendly Societies) Exemption Amendment Notice 2004. The eprint incorporates all the amendments to the regulations as at 1 November 2011. 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 that cannot be compiled in the eprint are also included, after the principal enactment, in chronological order.

2 About this eprint
3 List of amendments incorporated in this reprint (most recent first)
  • Securities Act (Friendly Societies) Exemption Notice 2011 (SR 2011/61): clause 12


  • 1 SR 2002/291