Notice of Exemption Trans Tasman Properties Limited The commission, pursuant to section 81 of the Electricity Industry Reform Act 1997, exempts Trans Tasman Properties Limited and its subsidiaries from the application of section 17 of the Electricity Industry Reform Act 1997, in relation to the conveyance and supply of electricity to the tenants of the Finance Centre. The exemption is subject to the following terms and conditions: (a) The exemption applies from 1 April 1999 until 5.00 p.m. on the 20th working day (as defined in section 2 (1) of the Commerce Act 1986) after the day of release of the commission's decision on Parts B and C of Trans Tasman Properties Limited exemption application. (b) That if Trans Tasman Properties Limited or its subsidiaries commences supplying electricity to other than the current tenants of the Finance Centre or their assigns it notifies the commission. (c) That if Trans Tasman Properties Limited or its subsidiaries enters into any new, or materially changes its current, contracts, arrangements, or understandings with the tenants of the Finance Centre or their assigns in relation to the conveyance or supply of electricity, it notifies the commission. (d) That Trans Tasman Properties Limited and its subsidiaries shall be in full compliance with section 17 of the Electricity Industry Reform Act 1997 on expiration of this exemption. The commission may vary or revoke this exemption at any time in accordance with section 81 (5) of the Electricity Industry Reform Act 1997. The exemption takes effect from the date of publication of this notice in the New Zealand Gazette.