New Zealand Gazette – 2008 – No. 40

Page 1114

✨ Financial Regulations



1114 NEW ZEALAND GAZETTE, No. 40 27 FEBRUARY 2008

General short form disclosure statement

19 Information to be included in general short form disclosure statement

The general short form disclosure statement of a registered bank must include all of the information prescribed in Schedules 2 to 6.

Supplemental disclosure statement

20 Information to be included in supplemental disclosure statement

(1) The supplemental disclosure statement must include only the following information (if it applies):

(a) if paragraph (b) does not apply and the general short form disclosure statement states that a person guarantees any material obligations of the overseas bank, a copy of the—

(i) full guarantee contract; and

(ii) most recent financial statements and group financial statements of the guarantor; and

(iii) auditor’s report (if any) for those statements:

(b) if the general short form disclosure statement states that a person has entered into a material cross guaranteeing arrangement with the overseas bank, a copy of the full guarantee contract if—

(i) there is a single contract that sets out the rights and obligations of all the cross guarantors; or

(ii) there is a standard contract which is representative of the rights and obligations of each of the cross guarantors:

(c) a copy of the most recent publicly available financial statements of the overseas bank and overseas banking group:

(d) if the overseas bank carries on in New Zealand any insurance business that is outside the banking group, a copy of the most recent publicly available financial statements and group financial statements of that insurance business:

(e) if the overseas bank carries on in New Zealand any non-financial activities that are outside the banking group, a copy of the most recent publicly available financial statements and group financial statements of those non-financial activities:

(f) any additional information or explanations required to ensure the supplemental disclosure statement is not false or misleading.

(2) Subclause (1) does not apply to the extent that the matters required under that subclause are included in the general short form disclosure statement.



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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

💰 Content requirements for key information summary (continued from previous page)

💰 Finance & Revenue
Key Information Summary, Financial Regulations, Banking, Disclosure

💰 General short form disclosure statement requirements

💰 Finance & Revenue
Disclosure Statement, Banking, Financial Regulations

💰 Supplemental disclosure statement requirements

💰 Finance & Revenue
Disclosure Statement, Banking, Financial Regulations, Guarantees, Financial Statements