✨ Banking Disclosure Requirements
27 FEBRUARY 2008 NEW ZEALAND GAZETTE, No. 40 1019
(2) The categories of places where a copy of the registered bank’s
most recent supplemental disclosure statement, which contains
a copy of the full guarantee contract, will be provided at no
charge to any person within 5 working days of a request for a
copy having been made.
(3) Subclauses (1) and (2) do not apply if the content of the
supplemental disclosure statement is contained in the general
short form disclosure statement.
9 Material cross guarantees
(1) If a person has entered into a material cross guaranteeing
arrangement with the registered bank, the matters set out in
subclauses (2) to (4).
(2) A description of the guaranteeing group and the nature of the
cross guaranteeing arrangement.
(3) The matters required to be disclosed under clause 7(2) to (5) as
if those provisions applied to the guarantees of the obligations
of the registered bank, as well as to the guarantees the
registered bank has given in respect of the first-mentioned
person’s obligations.
(4) If there is a single contract that sets out the rights and
obligations of all the cross guarantors; or if there is a standard
contract which is representative of the rights and obligations of
each of the cross guarantors, a statement—
(a) that a copy of the registered bank’s most recent
supplemental disclosure statement, which contains a
copy of the full guarantee contract, will be provided
immediately at no charge to any person requesting a
copy if the request is made at the registered bank’s head
office; and
(b) specifying the categories of places where a copy of the
registered bank’s most recent supplemental disclosure
statement, which contains a copy of the full guarantee
contract, will be provided at no charge to any person
within 5 working days of a request for a copy having
been made.
(5) Subclause (4) does not apply if the content of the supplemental
disclosure statement is contained in the general short form
disclosure statement.
10 Absence of supplemental disclosure statement
If the content of the supplemental disclosure statement is
contained in the general disclosure statement, or if none of
the information required to be disclosed in the supplemental
disclosure statement applies, a statement that the registered
bank has not published a supplemental disclosure statement,
giving the reason.
11 Conditions of registration
(1) A copy of the conditions of registration that applied at the date
on which the signing of the short form disclosure statement is
completed.
(2) If applicable, a description of any changes to the conditions of
registration that have occurred since the signing of the previous
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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
💰
Registered Bank Disclosure Statement Order 2008
(continued from previous page)
💰 Finance & Revenue25 February 2008
Banking, Disclosure requirements, Guarantee details, Supplemental disclosure statement, Material cross guarantees, Conditions of registration