✨ Banking regulations
2360 NEW ZEALAND GAZETTE, No. 88 24 JUNE 2011
(3) For the purposes of subclause (1), publication period, in relation to a registered bank, means the period that—
(a) starts on the date on which the short form disclosure statement of the registered bank is first published; and
(b) ends on the date on which the next disclosure statement of the registered bank is first published.
Part 2
Content of short form disclosure statements
Subpart 1—General requirements
10 Information must be in English
(1) All information in the short form disclosure statement of a registered bank must be in English.
(2) Nothing in subclause (1) applies to copies of guarantee contracts.
11 Short form disclosure statement not to be false or misleading
In addition to the information that is required by this order, the short form disclosure statement of a registered bank—
(a) must contain such other information that, in the opinion of the directors, is necessary or desirable to ensure that the short form disclosure statement is not false or misleading in any material particular; and
(b) except as otherwise expressly provided in this order, may contain any other information that the directors consider appropriate.
12 Requirements when registered bank is unable to disclose information
Subject to clause 14(3), if a registered bank is unable because of systems limitations or because of circumstances beyond its control to disclose information under this order, the short form disclosure statement must—
(a) state that fact, and explain those limitations or circumstances; and
(b) contain the closest available alternative to the information that must be disclosed under this order.
13 Information covering period less than stated period
(1) A short form disclosure statement that contains information for a period that is less than the period for which the information is required under this order must identify the period for which the information is provided.
(2) A registered bank need not disclose information under this order about a person, business, or group for that part of a period during which the person, business, group or any part of the group did not exist.
14 Comparative information
(1) Any comparative information that is required to be disclosed under this order for the previous corresponding period must be
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NZ Gazette 2011, No 88
✨ LLM interpretation of page content
💰
Registered Bank Disclosure Statement (Off-Quarter—New Zealand Incorporated Registered Banks) Order 2011
(continued from previous page)
💰 Finance & Revenue20 June 2011
Banking regulations, Disclosure statement, Reserve Bank of New Zealand Act, Order in Council, Financial reporting group, Capital adequacy