New Zealand Exchange Limited (NZX) is the successor to many decades of a New Zealandstock exchange run as a non-profit body.
In the late 1990s, after a decade of corporatisation and privatisation introduced by the Government, the stock exchange followed suit and was corporatised. Shortly thereafter it changed its name and listed itself.
NewZealandExchange Limited (NZX) is a stockexchange located in Wellington, NewZealand.
During the 1970s these regional exchanges were amalgamated to form one national stockexchange, the NewZealandStockExchange (NZSE).
On October 16 2002 the Member Firms of the NewZealandStockExchange voted in favour of demutualisation, and on 31 December 2002, NZSE became a limited liability company.
The NewZealandStockExchange Rules 1996, replacing the 1993 Rules, were made under s 7 of the Sharebrokers Amendment Act 1981 by the NewZealandStockExchange and were then approved by the Governor-General in Council on 21 October 1996 and gazetted on 25 October 1996.
It is from the decision of the Board of the StockExchange that Mr White appeals to the Membership Appeal Committee ("the Committee").
On behalf of the StockExchange a synopsis of submissions was filed together with affidavits by Mr Harriman sworn on 26 May, 1997 and Mary Meyers sworn on 23 May, 1997.
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