Revocation of approval to hold a stake in a financial sector company of more than 15%
Financial Sector (Shareholdings) Act 1998
To: Graham John Hellier, Marilyn Clare Hellier and Murray David Healey (the applicants)
SINCE
- The applicants hold an approval dated 18 March 2010 under subsection 14(1) of the Financial Sector (Shareholdings) Act 1998 (the Act), to hold a stake in excess of 15% each in Pacific International Insurance Limited (Company Number 1174507) (the Company), a financial sector company under the Act; and
B. the applicants have requested that the approval be revoked,
I, Nigel Boik, a delegate of the Treasurer, under subsection 18(3) of the Act, REVOKE the approval dated 18 March 2010.
This revocation comes into force on the date it is signed.
Dated: 14 June 2013
[Signed]
Nigel Boik
General Manager
Specialised Institutions Division
Central Region
Interpretation
In this Notice:
financial sector company has the meaning given in section 3 of the Act.
stake in relation to a company, has the meaning given in clause 10 of Schedule 1 to the Act.