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ANNEX I Schedule of Brunei Darussalam Headnote ... - SICE

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SectorAll SectorsIndustry ClassificationObligations concerned National Treatment (Article 12.4)Most-Favoured-Nation Treatment (Article 12.5)Market Access (Article 12.6)Local Presence (Article 12.7)DescriptionCross Border Services and InvestmentNew Zealand reserves the right to adopt andmaintain the following measures solely as part <strong>of</strong>the act <strong>of</strong> devolving a service, that is provided inthe exercise <strong>of</strong> governmental authority at the timethe Agreement enters into force:• Restricting the number <strong>of</strong> servicesuppliers;• Allowing an enterprise, wholly ormajority owned by the Government <strong>of</strong>New Zealand, to be the sole servicesupplier or one amongst a limitednumber <strong>of</strong> service suppliers;• Imposing restrictions on thecomposition <strong>of</strong> senior managementand boards <strong>of</strong> directors;• Requiring local presence; and• Specifying the juridical form <strong>of</strong> theservice supplier(s).IV-NZ-3

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