✨ Banking Disclosure Statements
452 NEW ZEALAND GAZETTE, No. 21 28 FEBRUARY 2011
(2) Subject to subclause (5), a registered bank must produce—
(a) a full year disclosure statement for each full year accounting period;
(b) a half year disclosure statement for each half year accounting period;
(c) an off quarter disclosure statement for—
(i) each first quarter accounting period; and
(ii) each third quarter accounting period.
(3) If a registered bank’s full year accounting period is 14 months or more, the registered bank may also be required to produce a fourth quarter disclosure statement for a fourth quarter accounting period.
(4) When registered as a registered bank, a registered bank must produce a first disclosure statement.
(5) If a full year disclosure statement and a half year or off quarter disclosure statement are required in respect of the same accounting period, the registered bank need only produce the full year disclosure statement.
(6) Further details are set out—
(a) for full year, half year and off quarter disclosure statements in Part 2 and in the Schedules of this Order; and
(b) for first disclosure statements in clause 12.
7 Full and half year disclosure statements to be audited
(1) A full year disclosure statement of a registered bank must be audited.
(2) A half year disclosure statement of a registered bank must be reviewed by an auditor if it is not audited.
(3) An auditor’s report or review statement must meet the requirements of clause 20.
8 Publication on Internet
(1) A disclosure statement is published when it is made available on the registered bank’s Internet site for New Zealand.
(2) A disclosure statement published on a registered bank’s Internet site must be—
(a) publically available at no charge;
(b) readily accessible from the main landing page or front page for the registered bank’s Internet site via a link labelled "disclosure statements"; and
(c) maintained on the registered bank’s Internet site for at least 5 years after the last day on which the disclosure statement must be published.
9 Time of publication
(1) A registered bank must publish—
(a) a full year disclosure statement within 3 months of the reporting date for the full year disclosure statement;
(b) a half year disclosure statement within—
(i) 2 months of the reporting date for the half year disclosure statement; or
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NZ Gazette 2011, No 21
✨ LLM interpretation of page content
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Registered Bank Disclosure Statements (New Zealand Incorporated Registered Banks) Order 2011
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💰 Finance & Revenue21 February 2011
Banking, Disclosure Statements, Registered Banks, Definitions, Financial Terms, Accounting Standards