A manager at a company owned by Kiwi film legend Sir Peter Jackson has been charged with fraud.

Wellington's Eugene John DeMarco, 57, has pleaded not guilty to charges of theft by a person in a special relationship and obtaining by deception.

The charges, according to the Serious Fraud Office, relate to funds paid for the purchase of a replica aircraft and the alleged unauthorised use of an aircraft as security to get a loan.

The case also centres around the sale of three reproduction vintage aircraft to the New Zealand Warbirds Association, which DeMarco allegedy arranged as production manager for The Vintage Aviator.

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The Vintage Aviator, the SFO says, is owned by Jackson and manufactures reproductions of First World War-era aircraft.

DeMarco, a US citizen, is scheduled to stand trial in the Wellington High Court in August.