✨ Bank Disclosure Statements
454 NEW ZEALAND GAZETTE, No. 21 28 FEBRUARY 2011
(7) Other than in relation to a request for the registered bank’s most recent disclosure statement or by accessing a copy published on the registered bank’s Internet site, if a person requests a copy of any of the registered bank’s disclosure statements, the registered bank—
(a) may refer the person to its Internet site; but
(b) must offer to provide to the person by other suitable means a copy of the requested disclosure statements that are published when the request is made.
(8) If a person accepts an offer made under subclause (7)(b), the registered bank must dispatch to the person a copy of the requested disclosure statements by the end of the second working day after the day on which the request is received.
(9) To avoid doubt, in this clause a printed copy is a copy in non-electronic form.
12 First disclosure statement
(1) Subject to subclauses (2) to (4), a registered bank’s first disclosure statement must meet the requirements that apply to a full year disclosure statement.
(2) The Reserve Bank must determine the full year accounting period and balance date for a first disclosure statement.
(3) The balance date determined by the Reserve Bank may be a date before the date on which the registered bank is registered as a registered bank.
(4) The Reserve Bank must give notice in writing to an applicant bank of the accounting period and balance date for the first disclosure statement—
(a) at least 1 month before the date the bank is registered as a registered bank; or
(b) on a date agreed by the applicant bank and the Reserve Bank.
Part 2
Content of disclosure statements
Subpart 1—General requirements
13 Information must be in English
The information in a disclosure statement must be in English.
14 Disclosure statement not to be false or misleading
In addition to the information required in this Order, a disclosure statement—
(a) must contain such other information that, in the opinion of the directors, is necessary or desirable to ensure that the disclosure statement is not false or misleading in any material particular; and
(b) except as otherwise expressly provided in this Order, may contain any other information that the directors consider appropriate to include in the disclosure statement.
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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
(continued from previous page)
💰 Finance & Revenue21 February 2011
Banking, Disclosure Statements, Registered Banks, Definitions, Financial Terms, Accounting Standards, Reserve Bank, Reporting Requirements