New Zealand Gazette – 1990 – No. 170

Page 3651

✨ Exchange Governance Rules



28 SEPTEMBER NEW ZEALAND GAZETTE 3651

discuss reports on all Members, and any allegations of misconduct or breach which have been supplied by the Exchange’s compliance division and/or external investigators.

32.5 All information obtained by the Committee and all reports to it shall be confidential to the Committee and Exchange staff authorised by the Committee and shall not be disclosed to any other person including members of the Board except:

(a) as provided in clause 32.2;

(b) to a duly constituted public authority either entitled to require provision of the information or which in the opinion of the Committee should be provided with the information;

(c) another exchange or futures association pursuant to arrangements to share information.

32.6 The Committee may co-opt the services of external investigators and auditors, and such other persons as the Board may approve to assist the Committee in its activities.

32.7 Where the Committee is investigating any matter the Committee shall give the Member the right to appear before it and to furnish to the Committee such information and explanations concerning the matter as the Committee may reasonably require.

  1. SECRETARY

Appointment

33.1 The Board shall appoint a Secretary, for such term, and upon such conditions, as the Board shall think fit, and any Secretary so appointed may be removed by the Board. The Secretary shall act and perform his duties in accordance with the Act.

Acting Secretary

33.2 The Board may appoint an acting Secretary from time to time and any person so appointed shall for all purposes of these Articles be deemed, during the period of his appointment, to be the Secretary of the Exchange.

  1. COMMON SEAL

34.1 The Board shall provide a common seal for the Exchange and shall provide for the safe custody of that Seal, which shall only be used by the authority of the Board and every instrument to which the Seal is affixed shall be signed by a Director and shall be countersigned by a second Director or the Secretary or some other person appointed by the Board for the purpose.

  1. ACCOUNTS

35.1 The Directors shall cause proper accounting records to be kept in which shall be kept full, true and complete accounts of the affairs and transactions of the Exchange.

35.2 The accounting records shall be kept at the Office, or, subject to Section 151(3) of the Act, at such other place or places as the Directors think fit, and shall always be open to the inspection of any Director.

35.3 The Directors shall from time to time determine whether,



Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa — PDF NZ Gazette 1990, No 170


NZLII — PDF NZ Gazette 1990, No 170




✨ LLM interpretation of page content

🏭 Establishment of Investigations Committee (continued from previous page)

🏭 Trade, Customs & Industry
Committee, Investigations, Misconduct, Compliance, Financial Reports, Confidentiality, Co-option, Member Rights

🏭 Appointment and Duties of Secretary

🏭 Trade, Customs & Industry
Secretary, Appointment, Board, Acting Secretary, Duties

🏭 Common Seal Usage and Custody

🏭 Trade, Customs & Industry
Common Seal, Board Authority, Signatures, Directors, Secretary

🏭 Accounting Records and Inspection

🏭 Trade, Customs & Industry
Accounting Records, Directors, Inspection, Financial Affairs, Transactions