✨ Banking Regulations
24 JUNE 2011 NEW ZEALAND GAZETTE, No. 88 2289
23
Financial statements for interim accounting period
(1) Subject to subclause (4), the general disclosure statement for the interim accounting period must contain or be accompanied by financial statements of—
(a) the registered bank; and
(b) the banking group.
(2) The financial statements referred to in subclause (1) must be prepared in accordance with the requirements of the Financial Reporting Act 1993 as if—
(a) the interim accounting period were an accounting period; and
(b) every reference in that Act to a group were a reference to the banking group; and
(c) the registered bank and the banking group do not qualify for any exemptions under any differential reporting framework that applies to them; and
(d) the registered bank and the banking group do not qualify for the reporting exemption provided in paragraph (a) of the definition of "financial institution" in paragraph E23 of NZ IFRS 7.
(3) The financial statements referred to in subclause (1) must be presented in New Zealand dollars.
(4) Nothing in this clause requires an auditor to state whether, in the auditor’s opinion, the financial statements give a true and fair view of the matters to which they relate.
Supplemental disclosure statement
24
Information to be included in supplemental disclosure statement
(1) The supplemental disclosure statement must include only the following information (if it applies):
(a) the supplementary information prescribed in Schedule 10:
(b) if the general disclosure statement states that a person other than a government guarantees any material obligations of the registered bank,—
(i) a copy of the full guarantee contract; and
(ii) a copy of the most recent financial statements and group financial statements of the guarantor; and
(iii) a copy of the auditor’s report (if any) for those financial statements:
(ba) if the registered bank has a government guarantee that is provided by means of a contract, a copy of the guarantee contract:
(c) if the general disclosure statement states that a person has entered into any material cross guaranteeing arrangements with the registered bank, a copy of the full guarantee contract if—
(i) there is a single contract that sets out the rights and obligations of all the cross guarantors; or
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NZ Gazette 2011, No 88
✨ LLM interpretation of page content
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Content requirements for general disclosure statement
(continued from previous page)
💰 Finance & RevenueBanking regulations, General disclosure statement, Financial statements, Interim accounting period, Banking group
💰 Information to be included in supplemental disclosure statement
💰 Finance & RevenueBanking regulations, Supplemental disclosure statement, Supplementary information, Guarantee contracts, Financial statements