New Zealand Gazette – 2007 – No. 131

Page 3394

✨ Financial Reporting Exemption Notice



3394 NEW ZEALAND GAZETTE, No. 131 30 NOVEMBER 2007

Financial Reporting Act (Overseas Incorporated Companies – United States of America) Exemption Notice 2007

Pursuant to section 35B of the Financial Reporting Act 1993, the Registrar of Companies gives the following notice (to which is appended a statement of reasons of the Registrar).

Notice

1 Title

This notice is the Financial Reporting Act (Overseas Incorporated Companies – United States of America) Exemption Notice 2007.

2 Commencement

This notice comes into force on its notification in the New Zealand Gazette.

3 Expiry

This notice expires on the close of 31 July 2012.

4 Application

An exemption granted by this notice applies to the following accounting periods of an exempt overseas company:

(a) an accounting period of the exempt overseas company that commenced before the exemption is granted (including an accounting period that ended before the exemption is granted) if,—

(i)     in the case of copies of financial statements or group financial statements for that period that are required to be delivered for registration under section 19 of the Act, the exemption is granted before those documents are required to be delivered for registration under that section; or

(ii)    in any other case, the exemption is granted before the financial statements or group financial statements for that period are required to be completed;

and

(b) subsequent accounting periods.

5 Interpretation

In this notice, unless the context otherwise requires,—

Act means the Financial Reporting Act 1993

approved auditor means an accountant who is qualified under Part 210 of the Code of Federal Regulations (US)

exempt overseas company means a company that —

(a) is incorporated in the United States of America; and

(b) is a company to which section 19 of the Act applies; and

(c) has specified financial statements prepared in respect of it

specified financial statements, in relation to an exempt overseas company, means the group financial statements that are required to be prepared in respect of the exempt overseas company in accordance with the laws of the United States of America



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2007, No 131


Gazette.govt.nz — PDF NZ Gazette 2007, No 131




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💰 Financial Reporting Act (Overseas Incorporated Companies – United States of America) Exemption Notice 2007

💰 Finance & Revenue
Financial Reporting Act, Exemption Notice, Overseas Companies, United States of America
  • Registrar of Companies