Securities Act (Belgrave First Management Limited and Covenant Trustee Company Limited) Exemption Amendment Notice 2007

  • expired
  • Securities Act (Belgrave First Management Limited and Covenant Trustee Company Limited) Exemption Amendment Notice 2007: expired, on 1 November 2011, pursuant to clause 3 of the Securities Act (Belgrave First Management Limited and Covenant Trustee Company Limited) Exemption Notice 2006 (SR 2006/314).

Reprint
as at 1 November 2011

Securities Act (Belgrave First Management Limited and Covenant Trustee Company Limited) Exemption Amendment Notice 2007

(SR 2007/200)

  • Securities Act (Belgrave First Management Limited and Covenant Trustee Company Limited) Exemption Amendment Notice 2007: expired, on 1 November 2011, pursuant to clause 3 of the Securities Act (Belgrave First Management Limited and Covenant Trustee Company Limited) Exemption Notice 2006 (SR 2006/314).


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
  • This notice is the Securities Act (Belgrave First Management Limited and Covenant Trustee Company Limited) Exemption Amendment Notice 2007.

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

4 Interpretation
  • The definition of trust in clause 4(1) is amended by omitting Belgrave First Mortgage Capital Insured Fund and substituting Belgrave Insured First Mortgage Fund.

Dated at Wellington this 20th day of July 2007.

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

[Seal]

J Diplock,

Chairperson.


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 (Belgrave First Management Limited and Covenant Trustee Company Limited) Exemption Notice 2006 (the principal notice) to change the name of the unit trust referred to in the principal notice from Belgrave First Mortgage Capital Insured Fund to Belgrave Insured First Mortgage Fund.

The Securities Commission considers that it is appropriate to amend the principal notice because it refers to the Belgrave First Mortgage Capital Insured Fund. In 2006, Belgrave First Management Limited intended to relaunch an existing unit trust under the name Belgrave First Mortgage Capital Insured Fund. Since that time, the manager has decided to name the unit trust Belgrave Insured First Mortgage Fund. This amendment allows the exemptions in the principal notice to reflect the correct legal name of the trust and does not change the substance of the principal notice.


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

Date of notification in Gazette: 26 July 2007.


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 (Belgrave First Management Limited and Covenant Trustee Company Limited) Exemption Amendment Notice 2007. The eprint incorporates all the amendments to the notice as at 1 November 2011. The list of amendments at the end of these notes specifies all the amendments incorporated into this eprint.

    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 eprint (most recent first)
  • Securities Act (Belgrave First Management Limited and Covenant Trustee Company Limited) Exemption Notice 2006 (SR 2006/314): clause 3