SECURITIES AND EXCHANGE COMMISSION
Washington, DC
FORM U-57
NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS
Filed under Section 33 (a) of the
Public Utility Holding Company Act of 1935, as amended
NETWORK LEASING TRUST 2000-3,
not in its individual capacity,
but solely as Trustee
by
FIRST FIDELITY INTERNATIONAL BANK
Head of Documentation
c/o First Union Commercial Corporation
Charlotte Plaza Building
201 South College Street, 7th Floor
Mail Code NC0738
Charlotte, North Carolina 28202
ITEM 1
Name and Business Address of the Entity Claiming Foreign Utility Company Status
Network Leasing Trust 2000-3
c/o Wilmington Trust Company
Rodney Square North
1100 North Market Street
Wilmington, Delaware 19890-0001
Attention: Corporate Trust Administration
Description of the Facilities Used for the Generation, Transmission or
Distribution of Electric Energy for Sale
The trustee of Network Leasing Trust 2000-3 ("Trust 2000-3") will act
as one lessor of three equal undivided interests in an electricity transmission
network comprising 330kV, 275kV, 132kV and 110kV substations, overhead
transmission lines and supporting structures, and the ancillary system
comprising relays, meters and panel equipment that protect or monitor the
electricity transmission system (the "Network") located in the State of
Queensland, Australia.
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Trust 2000-3 will lease the Network to Belmont Leasing Limited ("Lessee"), an
exempted company incorporated in the Cayman Islands whose obligations under the
lease are fully guaranteed by Queensland Treasury Corporation ("QTC"), an
instrument of the State of Queensland, Australia. Lessee will assign its lease
rights to QTC. QTC will sublease the Network to Queensland Electricity
Transmission Corporation Limited (ACN 078 849 233), trading as Powerlink, a
company Government-Owned Corporation organized under the laws of Australia
("Powerlink"). Powerlink will be the operator of the Network.
Ownership
Trust 2000-3 is one of three grantor trusts established pursuant to
Trust Agreements dated as of December 1, 2000 between Wilmington Trust Company,
a Delaware banking corporation, not in its individual capacity but solely as
trustee, and First Fidelity International Bank, an Edge Act corporation
organized under the laws of the United States ("First Fidelity"). The sole
beneficial owner of Trust 2000-3 is First Fidelity.
ITEM 2
Not applicable
Exhibit A
Not applicable.
The undersigned company has duly caused this statement to be signed on
its behalf by the undersigned thereunto duly authorized.
FIRST FIDELITY INTERNATIONAL BANK
By: /s/ Michael L. Taylor
--------------------------
Michael L. Taylor
Senior Vice President
Date: December 15, 2000
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