NEW ZEALAND GAZETTE, No. 21

28 FEBRUARY 2011

Registered Bank Disclosure Statements (New Zealand Incorporated Registered Banks) Order 2011

ANAND SATYANAND, Governor-General

Order in Council

At Wellington this 21st day of February 2011

Present:

His Excellency the Governor-General in Council

Pursuant to section 81 of the Reserve Bank of New Zealand Act 1989, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council and on the advice of the Minister of Finance given in accordance with a recommendation of the Reserve Bank of New Zealand, makes the following Order.

Contents

1 Title............................................................................................................ 446
2 Commencement ......................................................................................... 446
3 Application................................................................................................. 446
4 Interpretation.............................................................................................. 446
5 Accounting periods for disclosure statements............................................ 450

Part 1—General requirements for disclosure statements

6 General requirements for disclosure statements......................................... 451
7 Full and half year disclosure statements to be audited............................... 452
8 Publication on Internet............................................................................... 452
9 Time of publication.................................................................................... 452
10 Delivery to Reserve Bank .......................................................................... 453
11 Requests for copies .................................................................................... 453
12 First disclosure statement........................................................................... 454

Part 2—Content of disclosure statements

Subpart 1—General requirements

13 Information must be in English.................................................................. 454
14 Disclosure statement not to be false or misleading .................................... 454
15 Requirements when registered bank is unable to disclose information................................................................................................. 455
16 Comparative information ........................................................................... 455
17 Disclosure statement not to contain offer of securities .............................. 455
18 Information about shareholders ................................................................. 455
19 Disclosure of currency that is not New Zealand dollars ............................ 455
20 Auditor’s report or review statement ......................................................... 455

Subpart 2—Content of disclosure statements

21 Information to be included in full year disclosure statement ..................... 456
22 Information to be included in half year disclosure statement..................... 456
23 Information to be included in off quarter disclosure statements ................ 457
24 Financial statements for full year accounting period ................................. 458
25 Financial statements for half year and off quarter accounting periods....... 458

Part 3—Miscellaneous provisions

26 Revocation ................................................................................................. 458
27 Transition ................................................................................................... 459