New Zealand Legislation: Regulations

4 Interpretation

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

  Act means the Securities Act 1978

  business unit means a shop, group of shops, or other division or department of Flight Centre or any of its subsidiaries

  eligible person means—

  • (a) a person who is an employee or a director of Flight Centre or any of its subsidiaries; or

  • (b) a trustee for a person described in paragraph (a); or

  • (c) a company that is controlled by a person described in paragraph (a)

  employee note scheme means the employee note scheme established by Flight Centre under which an eligible person may acquire notes issued by Flight Centre

  Flight Centre means Flight Centre (NZ) Limited

  FRS-24 means the financial reporting standard known as Financial Reporting Standard No 24 (Interim Financial Statements) that has been approved under the Financial Reporting Act 1993

  note means a note that is issued by Flight Centre under the employee note scheme

  NZ IAS 34 means the financial reporting standard known as the New Zealand Equivalent to International Accounting Standard 34 (Interim Financial Reporting) that has been approved under the Financial Reporting Act 1993

  offer means the offer of notes under the employee note scheme

  Regulations means the Securities Regulations 1983.

  (2) Any term or expression that is defined in the Act or the Regulations and used, but not defined, in this notice has the same meaning as in the Act or the Regulations.