New Zealand Gazette – 2008 – No. 40

Page 1006

✨ Banking Regulations



1006 NEW ZEALAND GAZETTE, No. 40 27 FEBRUARY 2008

bank or overseas banking group in its country of
domicile; and

(b) a banking group, means the amount of tier one capital
held by the banking group, determined in accordance
with the conditions of registration relating to capital
adequacy for the registered bank heading that banking
group, or with Capital Adequacy Framework
(Standardised Approach) (BS2A), or with Capital
Adequacy Framework (Internal Models Based
Approach) (BS2B) (as applicable).

ultimate holding company, in relation to a registered bank,
means the body corporate that—

(a) is the registered bank’s holding company; and

(b) is not itself a subsidiary of another body corporate; and

(c) is not a bank

ultimate parent bank, in relation to a registered bank, means
the bank that—

(a) is the registered bank’s holding company; and

(b) is not itself a subsidiary of another bank

voting security has the same meaning as in section 2(1) of the
Act

working day means a day of the week on which the head office
of a registered bank is open for business.

(2) A term or expression that is used in this order, but not defined
in it,—

(a) has, in relation to a registered bank whose conditions of
registration define the term or expression, the same
meaning as in those conditions of registration, as
amended from time to time; or

(b) has, if paragraph (a) does not apply and the term or
expression is defined in the Act, the same meaning as in
the Act; or

(c) must, if neither paragraph (a) nor paragraph (b) applies,
be interpreted in a way that complies with generally
accepted accounting practice, where applicable.

Part 1

Form, frequency, and publication of short form

disclosure statements

5 Short form disclosure statement

(1) The short form disclosure statement of a registered bank
comprises—

(a) a key information summary; and

(b) a general short form disclosure statement; and

(c) a supplemental disclosure statement (if any).

(2) A requirement that applies to a short form disclosure statement
applies to each of the documents referred to in subclause (1).

6 First short form disclosure statement

The first short form disclosure statement required by this order
for a registered bank is for the first off-quarter balance date that
occurs after 30 March 2008.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 40


Gazette.govt.nz — PDF NZ Gazette 2008, No 40




✨ LLM interpretation of page content

💰 Registered Bank Disclosure Statement Order 2008 (continued from previous page)

💰 Finance & Revenue
25 February 2008
Banking, Disclosure requirements, Financial statements, Capital adequacy, Definitions, Banking terms