Section 56 of the Financial Transactions Reporting Act 1996 The Minister of Justice hereby gives notice that he intends to make a recommendation that regulations be made pursuant to section 56 (1) (e) of the Financial Transactions Reporting Act 1996, to clarify the status of term deposits. The proposed regulation will deem a term deposit account not to be a facility. A draft of the proposed regulation is available for inspection. Any person wishing to inspect the draft regulation or to comment on it should contact Val Sim, Ministry of Justice, P.O. Box 180, Wellington. Telephone: (04) 494 9755. DOUGLAS GRAHAM, Minister of Justice.