New Zealand Gazette – 2008 – No. 40

Page 953

✨ Registered Bank Disclosure Statement Order 2008

27 FEBRUARY 2008 NEW ZEALAND GAZETTE, No. 40 953

(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 where 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 disclosure
statement.

9 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.

10 Directors

(1) An address to which communications to the directors and
responsible persons (if any), may be sent.

(2) The name, occupation(s) (separately identifying which is the
primary occupation), technical or professional qualifications,
and country of residence of each director and responsible
person.

(3) If applicable, the name of each director on whose behalf each
responsible person has signed the disclosure statement.

(4) In relation to each director,—

    (a) the nature and amount of any transaction which the
    director or any immediate relative or close business
    associate of the director has with the registered bank or
    any member of the banking group which either has been
    entered into on terms other than those which would, in
    the ordinary course of business of the registered bank or
    any member of the banking group, be given to any other
    person of like circumstances or means, or which could
    otherwise be reasonably likely to influence materially
    the exercise of that director’s duties; and

    (b) whether the director is an executive director; and

    (c) whether the director is an independent director; and

    (d) the names of all companies, other than those which are
    members of the banking group, of which the director
    holds office as a director.

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