✨ Banking Disclosure Requirements
27 FEBRUARY 2008 NEW ZEALAND GAZETTE, No. 40 1007
7
Timing of first publication of short form disclosure statement
(1) A registered bank must first publish its key information summary, general short form disclosure statement, and its supplemental disclosure statement (if any)—
(a) in the manner specified in clause 8; and
(b) on the same date.
(2) The date referred to in subclause (1)(b) must be no later than 2 months after each off-quarter balance date unless subclause (3) applies.
(3) The date referred to in subclause (1)(b) must be no later than 3 months after each off-quarter balance date if—
(a) the general short form disclosure statement is subject to review or audit by an external auditor; and
(b) the extent of review or audit is not less than that which is required in respect of a disclosure statement under the Registered Bank Disclosure Statement (Full and Half-Year—New Zealand Incorporated Registered Banks) Order 2008.
8
First publication of short form disclosure statement
On the applicable date referred to in clause 7, a registered bank must first publish its short form disclosure statement by—
(a) delivering a signed short form disclosure statement to the Reserve Bank; and
(b) prominently displaying a copy of its key information summary at—
(i) the registered bank’s head office; and
(ii) every branch of the registered bank; and
(iii) every other premises of an agency of the registered bank primarily engaged in the business of the registered bank; and
(c) making a copy of its key information summary, general short form disclosure statement, and supplemental disclosure statement (if any), readily accessible on the registered bank’s website.
9
Ongoing publication of short form disclosure statement
(1) During the publication period, a registered bank must publish its short form disclosure statement by—
(a) providing to any person who requests it a copy of its most recent key information summary immediately on request and at no charge; and
(b) providing to any person who requests it a copy of its most recent general short form disclosure statement at no charge and—
(i) immediately on request if the request is made at the registered bank’s head office; or
(ii) within 5 working days if the request is made at a branch of the registered bank, any other premises of the registered bank, or any premises of an agency of the registered bank primarily engaged in the business of the registered bank; and
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 40
Gazette.govt.nz —
NZ Gazette 2008, No 40
✨ LLM interpretation of page content
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Registered Bank Disclosure Statement Order 2008
(continued from previous page)
💰 Finance & Revenue25 February 2008
Banking, Disclosure requirements, Financial statements, Capital adequacy, Definitions, Banking terms