✨ Bank Disclosure Statements
2136 NEW ZEALAND GAZETTE, No. 87 24 JUNE 2011
(5) Other than in relation to a request made in person at the premises of the registered bank or by accessing a copy published on the registered bank’s Internet site, if a person requests a copy of the registered bank’s most recent disclosure statement, 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 its most recent full year disclosure statement and any subsequent half year or off quarter disclosure statement that is published when the request is received.
(6) If a person accepts an offer made under subclause (5)(b), the registered bank must dispatch to the person a copy of the offered disclosure statements by the end of the second working day after the day on which the request is received.
(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.
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NZ Gazette 2011, No 87
✨ LLM interpretation of page content
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Registered Bank Disclosure Statements
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💰 Finance & RevenueRegistered Banks, Disclosure Statements, Publication Requirements, Internet Site, Reserve Bank