✨ Banking Regulations
2282 NEW ZEALAND GAZETTE, No. 88 24 JUNE 2011
ultimate parent bank, in relation to a registered bank, means the bank that—
(a) is the registered bank’s holding company; and
(b) is not itself a subsidiary of another bank
voting security has the same meaning as in section 2(1) of the Act
working day means a day of the week on which the head office of a registered bank is open for business.
(2) A term or expression that is used in this order, but not defined in it,—
(a) has, in relation to a registered bank whose conditions of registration define the term or expression, the same meaning as in those conditions of registration, as amended from time to time; or
(b) has, if paragraph (a) does not apply and the term or expression is defined in the Act, the same meaning as in the Act; or
(c) must, if neither paragraph (a) nor paragraph (b) applies, be interpreted in a way that complies with generally accepted accounting practice, where applicable.
(3) A reference in this order to material which is incorporated by reference under the Act refers to the material as it exists on the day this order commences together with any amendments to the material that are promulgated before or on the day this order commences.
(4) To avoid doubt, the promulgated amendments referred to in subsection (3) do not need to be in force or to apply when this order commences to have effect after the commencement of this order.
Part 1
Form, frequency, publication, and auditing of disclosure statements
5 Disclosure statement
(1) The disclosure statement of a registered bank comprises—
(a) a key information summary; and
(b) a general disclosure statement; and
(c) a supplemental disclosure statement (if any).
(2) A requirement that applies to a disclosure statement applies to each of the documents referred to in subclause (1).
6 First disclosure statement
(1) The first disclosure statement required by this order for a registered bank that is a registered bank before or on 30 June 2011 is for the first balance date that occurs after 30 June 2011.
(2) The first disclosure statement required by this order for a registered bank that becomes a registered bank after 30 June 2011 is for the balance date determined by the Reserve Bank, which may be a date that is before or after the date on which the registered bank became a registered bank.
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NZ Gazette 2011, No 88
✨ LLM interpretation of page content
💰
Registered Bank Disclosure Statement Order
(continued from previous page)
💰 Finance & RevenueBanking, Disclosure Statement, Financial Reporting, Definitions
💰 Form, Frequency, Publication, and Auditing of Disclosure Statements
💰 Finance & RevenueDisclosure Statement, Key Information Summary, General Disclosure Statement, Supplemental Disclosure Statement, Banking Regulations
💰 First Disclosure Statement Requirements
💰 Finance & RevenueFirst Disclosure Statement, Balance Date, Reserve Bank, Banking Regulations