✨ Financial Disclosures
24 JUNE 2011 NEW ZEALAND GAZETTE, No. 87 2161
7 Reconciliation of mortgage-related amounts
(1) The information in subclause (2) in respect of the registered bank’s banking group as at the reporting date.
(2) A table providing a reconciliation between any figures disclosed elsewhere in the half year disclosure statement that relate to mortgages on residential property, including but not limited to amounts described by any of the following terms:
(a) housing loans;
(b) residential mortgages; or
(c) retail mortgages.
(3) In providing the reconciliation table required by subclause (2), the bank must explain any differences between the numbers, including, if applicable, but not limited to, the following explanations:
(a) whether an amount includes lending for the purpose of investment in residential property or only covers owner-occupied housing;
(b) whether or not an amount includes any corporate lending secured on residential mortgages; and
(c) whether an amount only includes drawn-down loan balances or also includes undrawn lending commitments.
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NZ Gazette 2011, No 87
✨ LLM interpretation of page content
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Schedule 5—Half year Additional financial disclosures
(continued from previous page)
💰 Finance & RevenueFinancial Disclosures, Statement of Financial Position, Income Statement, Credit Risk, Interest Rate Sensitivity, Liquidity Risk, Mortgage Reconciliation