New Zealand Gazette – 2008 – No. 40

Page 1109

✨ Banking Disclosure Order Definitions



27 FEBRUARY 2008 NEW ZEALAND GAZETTE, No. 40 1109

third quarter accounting period means—

  • the first 9 month period of an accounting period; or
  • (b) if clause 21 applies, the third quarter accounting period determined by the Reserve Bank

tier one capital, in relation to an overseas bank or overseas banking group, means the amount of tier one capital held by the overseas bank or overseas banking group determined in accordance with the requirements of the authority having the power to impose minimum capital requirements on that overseas bank or overseas banking group in its country of domicile

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

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

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

💰 Finance & Revenue
Banking, Definitions, Disclosure Order, Financial Regulations, Overseas Banks