✨ Banking Regulations
1112 NEW ZEALAND GAZETTE, No. 40 27 FEBRUARY 2008
(2) Nothing in subclause (1) applies to copies of guarantee
contracts.
11 Short form disclosure statement not to be false or
misleading
In addition to the information that is required by this order, the
short form disclosure statement of a registered bank—
(a) must contain such other information that, in the opinion
of the directors and New Zealand chief executive
officer, is necessary or desirable to ensure that the short
form disclosure statement is not false or misleading in
any material particular; and
(b) except as otherwise expressly provided in this order,
may contain any other information that the directors and
New Zealand chief executive officer consider
appropriate.
12 Requirements when registered bank is unable to disclose
information
Subject to clause 14(3), if a registered bank is unable because
of systems limitations or because of circumstances beyond its
control to disclose information under this order, the short form
disclosure statement must—
(a) state that fact, and explain those limitations or
circumstances; and
(b) contain the closest available alternative to the
information that must be disclosed under this order.
13 Information covering period less than stated period
(1) A short form disclosure statement that contains information for
a period that is less than the period for which the information is
required under this order must identify the period for which the
information is provided.
(2) A registered bank need not disclose information under this
order about a person, business, or group for that part of a period
during which the person, business, or group or any part of the
group did not exist.
14 Comparative information
(1) Any comparative information that is required to be disclosed
under this order for the previous corresponding period must be
restated so that it corresponds to the information disclosed for
the current period.
(2) If there has been a material restatement of prior period
amounts, the nature of, and the reason for, the restatement must
be disclosed.
(3) A registered bank need not disclose comparative information
that is not readily available in the 12 months after the date on
which that information was first required to be published.
15 Short form disclosure statement not to contain offer of
securities
A short form disclosure statement—
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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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Timing and publication requirements for registered bank disclosure statements
(continued from previous page)
💰 Finance & RevenueBanking, Disclosure Statements, Publication Requirements, Financial Regulations, Reserve Bank
💰 Short form disclosure statement not to be false or misleading
💰 Finance & RevenueBanking, Disclosure Statements, Financial Regulations, Reserve Bank
💰 Requirements when registered bank is unable to disclose information
💰 Finance & RevenueBanking, Disclosure Statements, Financial Regulations, Reserve Bank
💰 Information covering period less than stated period
💰 Finance & RevenueBanking, Disclosure Statements, Financial Regulations, Reserve Bank
💰 Comparative information
💰 Finance & RevenueBanking, Disclosure Statements, Financial Regulations, Reserve Bank
💰 Short form disclosure statement not to contain offer of securities
💰 Finance & RevenueBanking, Disclosure Statements, Financial Regulations, Reserve Bank