New Zealand Legislation: Regulations

5 Interpretation

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

  Act means the Financial Reporting Act 1993

  exempt person means a subsidiary of GE Capital that would, but for this notice, be a recipient of money from a conduit issuer (within the meaning of section 4A of the Act) by virtue of receiving 10% or more of the money that has been raised by GE Funding by the issue of specified debt securities

  GE Capital means General Electric Capital Corporation, a company incorporated in Delaware, United States of America

  GE Funding means GE Capital New Zealand Funding, a company incorporated in New Zealand

  offer document means the combined prospectus and investment statement in relation to any offer of the specified debt securities

  prospective investor, in relation to a specified debt security, means any person who, under the terms of issue of the specified debt security, is eligible to subscribe for the specified debt security

  specified debt securities means debt securities that—

  • (a) are offered to the public by GE Funding; and

  • (b) GE Capital is liable to repay subject only to the condition that GE Funding fails to do so

  specified financial statements means the consolidated audited annual financial statements that—

  • (a) are prepared by GE Capital in accordance with the laws of the United States of America (including the Securities Exchange Act of 1934 (US) and the Code of Federal Regulations (US)); and

  • (b) have been filed with the Securities and Exchange Commission of the United States of America

  US GAAP means generally accepted accounting practice in the United States of America.

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