✨ Banking Disclosure Requirements
24 JUNE 2011 NEW ZEALAND GAZETTE, No. 88 2303
(b) specifying the categories of places where a copy of the registered bank’s most recent supplemental disclosure statement, which contains a copy of the full guarantee contract, will be provided at no charge to any person within 5 working days of a request for a copy having been made.
(5) Subclause (4) does not apply if the content of the supplemental disclosure statement is contained in the general disclosure statement.
9 Absence of supplemental disclosure statement
If the content of the supplemental disclosure statement is contained in the general disclosure statement, or if none of the information required to be disclosed in the supplemental disclosure statement applies, a statement that the registered bank has not published a supplemental disclosure statement, giving the reason.
10 Directors
(1) An address to which communications to the directors and responsible persons (if any), may be sent.
(2) The name, occupation(s) (separately identifying which is the primary occupation), technical or professional qualifications, and country of residence of each director and responsible person.
(3) If applicable, the name of each director on whose behalf each responsible person has signed the disclosure statement.
(4) In relation to each director,—
(a) the nature and amount of any transaction which the director or any immediate relative or close business associate of the director has with the registered bank or any member of the banking group which either has been entered into on terms other than those which would, in the ordinary course of business of the registered bank or any member of the banking group, be given to any other person of like circumstances or means, or which could otherwise be reasonably likely to influence materially the exercise of that director’s duties; and
(b) whether the director is an executive director; and
(c) whether the director is an independent director; and
(d) the names of all companies, other than those which are members of the banking group, of which the director holds office as a director.
(5) A statement whether there is a board audit committee, and if so, the total number of persons who comprise the audit committee, and of these, the number who are—
(a) directors (other than independent directors); and
(b) independent directors.
(6) The policy of the board of directors for avoiding or dealing with conflicts of interest which may arise from the personal, professional or business interests of the directors or any of them.
Next Page →
NZ Gazette 2011, No 88
✨ LLM interpretation of page content
💰 Banking Disclosure Requirements
💰 Finance & RevenueDisclosure statements, Supplemental disclosure, General disclosure, Directors, Audit committee, Conflicts of interest