New Zealand Gazette – 2011 – No. 21

Page 539

✨ Banking Disclosure Requirements



28 FEBRUARY 2011 NEW ZEALAND GAZETTE, No. 21

(a) include the information prescribed in either clause 2 or clause 3 (as applicable) of Schedule 1; and

(b) be signed by the auditor, either in the auditor’s own name or the name of the auditor’s firm.

Subpart 2—Content of disclosure statement

22 Information to be included in full year disclosure statement

(1) A full year disclosure statement of a registered bank must include, in respect of the most recent full year accounting period—

(a) all of the information prescribed in Schedule 2; and

(b) the information prescribed in Schedules 4, 7, 9 to 11 and 13.

(2) Subclause (1)(b) does not apply to the extent that the information prescribed by that subclause is included in the financial statements prepared in accordance with clause 25.

23 Information to be included in half year disclosure statement

(1) A half year disclosure statement of a registered bank must include, in respect of the most recent half year accounting period—

(a) all of the information prescribed in Schedule 3; and

(b) the information prescribed in Schedules 5, 7, 9, 10, 12 and 14.

(2) Subclause (1)(b) does not apply to the extent that the information prescribed by that subclause is included in the financial statements prepared in accordance with clause 26.

24 Information to be included in off quarter disclosure statement

(1) An off quarter disclosure statement of a registered bank must include, in respect of the most recent off quarter accounting period—

(a) all of the information prescribed in Schedule 3; and

(b) the information prescribed in Schedules 6, 8, 9, 10, 12 and 14.

(2) Subclause (1)(b) does not apply to the extent that the information prescribed by that subclause is included in the financial statements prepared in accordance with clause 26.

25 Financial statements for full year accounting period

(1) A full year disclosure statement of a registered bank must contain or be accompanied by financial statements of—

(a) the branch; and

(b) its banking group.

(2) The financial statements referred to in subclause (1) must be prepared in accordance with the requirements of the Financial Reporting Act 1993 as if—

(a) every reference in that Act to a group were a reference to the registered bank’s banking group; and

(b) for the branch, the registered bank and its banking group do not qualify for any exemptions under any differential reporting framework that applies to them.

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Online Sources for this page:

Gazette.govt.nz — PDF NZ Gazette 2011, No 21




✨ LLM interpretation of page content

💰 Auditor’s report or review statement (continued from previous page)

💰 Finance & Revenue
Auditor’s report, Review statement, Schedule 1

💰 Information to be included in full year disclosure statement

💰 Finance & Revenue
Disclosure statement, Full year, Financial statements, Schedule 2, Schedule 4, Schedule 7, Schedule 9, Schedule 10, Schedule 11, Schedule 13

💰 Information to be included in half year disclosure statement

💰 Finance & Revenue
Disclosure statement, Half year, Financial statements, Schedule 3, Schedule 5, Schedule 7, Schedule 9, Schedule 10, Schedule 12, Schedule 14

💰 Information to be included in off quarter disclosure statement

💰 Finance & Revenue
Disclosure statement, Off quarter, Financial statements, Schedule 3, Schedule 6, Schedule 8, Schedule 9, Schedule 10, Schedule 12, Schedule 14

💰 Financial statements for full year accounting period

💰 Finance & Revenue
Financial statements, Full year, Banking group, Financial Reporting Act 1993