✨ Banking regulations
4816 NEW ZEALAND GAZETTE, No. 169 4 NOVEMBER 2011
(3) If applicable, the name of each director, and the New Zealand chief executive officer, on whose behalf each responsible person has signed the disclosure statement.
(4) In relation to each director and, if applicable, the New Zealand chief executive officer,—
(a) the nature and amount of any transaction that the director or the New Zealand chief executive officer or any immediate relative or close business associate of the director or the New Zealand chief executive officer has with the registered bank or any member of the registered bank’s banking group that either—
(i) has been entered into on terms other than those that would, in the ordinary course of business of the registered bank or any member of the registered bank’s banking group, be given to any other person of like circumstances or means; or
(ii) could otherwise be reasonably likely to influence materially the exercise of the director’s or New Zealand chief executive officer’s duties;
(b) whether or not the director is an executive director;
(c) whether or not the director is an independent director; and
(d) the names of all companies, other than those that are members of the registered bank’s banking group of which the director or the New Zealand chief executive officer holds office as a director.
(5) A statement on whether or not there is a board audit committee or other separate board committee covering audit matters, and if so, the total number of persons who comprise the committee, and of these, the number who are—
(a) directors (other than independent directors); and
(b) independent directors.
(6) The policy of the board of directors for avoiding or dealing with conflicts of interest which may arise from the personal, professional, or business interests of the directors.
13 Auditors
The name and address of any auditor whose report is referred to in the disclosure statement.
14 Conditions of registration
(1) A copy of the conditions of registration that applied at the balance date for the disclosure statement.
(2) If applicable, a description of any changes to the conditions of registration that have occurred since the reporting date for the previous disclosure statement, including the dates on which the changes occurred.
(3) A statement of the date on which the conditions of registration came into effect.
(4) If the registered bank has not complied with all conditions of registration over the full year accounting period, a description of the nature and extent of each case of non-compliance.
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NZ Gazette 2011, No 169
✨ LLM interpretation of page content
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Registered Bank Disclosure Statements (Overseas Incorporated Registered Banks) Order (No 4) 2011
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💰 Finance & RevenueBanking regulations, Disclosure statements, Financial statements, Accounting periods, Revocation, Audit reports, Review statements, Guaranteed obligations, Government guarantors