✨ Banking Regulations
24 JUNE 2011 NEW ZEALAND GAZETTE, No. 88 2283
(3) If subclause (2) applies, a reference in this order to a balance date is to be read as if it were a reference to the balance date determined by the Reserve Bank.
7 Timing of first publication of first and subsequent disclosure statements
(1) A registered bank that is a registered bank before or on 30 June 2011 must first publish its key information summary, general disclosure statement, and its supplemental disclosure statement (if any), that are part of its first disclosure statement required by this order—
(a) in the manner specified in clause 8; and
(b) on the same date.
(2) The date referred to in subclause (1)(b) must be no later than 3 months after the first balance date that occurs on or after 30 June 2011 unless subclause (3) applies.
(3) A registered bank that becomes a registered bank after 30 June 2011 must first publish its key information summary, general disclosure statement, and its supplemental disclosure statement (if any), that are part of its first disclosure statement required by this order—
(a) in the manner specified in clause 8; and
(b) on the same date within the period specified by the Reserve Bank.
(4) A registered bank must first publish its key information summary, general disclosure statement, and supplemental disclosure statement (if any), that are part of each of its subsequent disclosure statements required by this order—
(a) in the manner specified in clause 8; and
(b) on the same date, which must be no later than 3 months after each balance date.
8 First publication of first and subsequent disclosure statements
(1) On the applicable date referred to in clause 7, a registered bank must first publish its first disclosure statement or its subsequent disclosure statement, as the case may require, by—
(a) delivering a signed disclosure statement to the Reserve Bank; and
(b) prominently displaying a copy of its key information summary that is part of its first disclosure statement or its subsequent disclosure statement, as the case may require, at—
(i) the registered bank’s head office; and
(ii) every branch of the registered bank; and
(iii) every other premises of an agency of the registered bank primarily engaged in the business of the registered bank; and
(c) making a copy of its key information summary, general disclosure statement, and supplemental disclosure statement (if any), that are part of its first disclosure statement or its subsequent disclosure statement, as the case may require, readily accessible on the registered bank’s website.
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NZ Gazette 2011, No 88
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First Disclosure Statement Requirements
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💰 Finance & RevenueFirst Disclosure Statement, Balance Date, Reserve Bank, Banking Regulations