✨ Financial Regulations and Provisions
540 NEW ZEALAND GAZETTE, No. 21 28 FEBRUARY 2011
(3) The financial statements referred to in subclause (1) must be presented in New Zealand dollars.
26 Financial statements for half year and off quarter accounting periods
(1) The half year and off quarter disclosure statements must include or be accompanied by interim financial statements of the registered bank’s banking group prepared in accordance with NZ IAS 34.
(2) The financial statements referred to in subclause (1) must be prepared as if the registered bank’s banking group does not qualify for any exemptions under any differential reporting framework that applies to them.
(3) The financial statements referred to in subclause (1) must be presented in New Zealand dollars.
Part 3
Miscellaneous provisions
27 Revocation
(1) The Registered Bank Disclosure Statement (Full and Half-Year—Overseas Incorporated Registered Banks) Order 2008 is revoked at the end of the day of 29 September 2011.
(2) Despite the revocation of the Registered Bank Disclosure Statement (Full and Half-Year—Overseas Incorporated Registered Banks) Order 2008, a disclosure statement for a balance date that occurred during the period that that Order was in force must be completed, and published, in accordance with that Order.
(3) The Registered Bank Disclosure Statement (Off-quarter—Overseas Incorporated Registered Banks) Order 2008 is revoked at the end of the day of 29 September 2011.
(4) Despite the revocation of the Registered Bank Disclosure Statement (Off-Quarter—Overseas Incorporated Registered Banks) Order 2008, a disclosure statement for a balance date that occurred during the period that that Order was in force must be completed, and published, in accordance with that Order.
28 Transition
(1) A registered bank must elect to apply either this Order or the Orders referred to in clause 27 for a disclosure statement for an accounting period that has a reporting date under this Order, or a balance date under the Orders revoked by clause 27, on or before 29 September 2011.
(2) For a disclosure statement to which subclause (1) applies, a registered bank must state in the disclosure statement the Order under which the disclosure statement is made.
(3) Subclause (2) does not apply to a disclosure statement that is an overseas financial statement under clause 7.
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NZ Gazette 2011, No 21
✨ LLM interpretation of page content
💰 Financial statements for half year and off quarter accounting periods
💰 Finance & RevenueFinancial statements, Half year, Off quarter, Accounting periods, NZ IAS 34, New Zealand dollars
💰 Revocation of previous orders
💰 Finance & RevenueRevocation, Registered Bank Disclosure Statement, Overseas Incorporated Registered Banks, Financial statements
💰 Transition provisions for registered banks
💰 Finance & RevenueTransition, Registered banks, Disclosure statements, Accounting periods, Financial reporting