✨ Banking Regulations
24 JUNE 2011 NEW ZEALAND GAZETTE, No. 88 2361
(2) If there has been a material restatement of prior period amounts, the nature of, and the reason for, the restatement must be disclosed.
(3) A registered bank need not disclose comparative information that is not readily available in the 12 months after the date on which that information was first required to be published.
15 Short form disclosure statement not to contain offer of securities
A short form disclosure statement—
(a) must not contain any offer (within the meaning of section 2 of the Securities Act 1978) of securities; but
(b) may contain information required for the purposes of regulation 38(3) of the Securities Regulations 2009.
16 Information about shareholders
The short form disclosure statement of a registered bank must not state or imply that a person is, or intends to become, a shareholder of the registered bank, or of a member of the banking group, without also stating whether that person guarantees any of the obligations of the registered bank or any member of the banking group.
17 Disclosure of currency that is not New Zealand dollars
A registered bank must disclose the currency used if information is disclosed in a currency that is not New Zealand dollars.
Subpart 2—Content of key information summary, general short form disclosure statement, and supplemental disclosure statement
Key information summary
18 Information to be included in key information summary
(1) The key information summary of a registered bank must include the information prescribed in Schedule 1—
(a) in respect of the most recent off-quarter balance date, or first quarter accounting period, or third quarter accounting period (as applicable); and
(b) in the same order and under the same headings set out in that schedule.
(2) If a key information summary would be false or misleading as a result of stating the information required to be disclosed under this order, the key information summary must, under the relevant heading, include information and explanations that will make the key information summary not false or misleading.
(3) If applicable, the information contained in the key information summary must be taken from the information contained in the general short form disclosure statement.
(4) The key information summary may contain additional information to which the information required in Schedule 1 may refer by way of note, but only if that information is set out
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NZ Gazette 2011, No 88
✨ LLM interpretation of page content
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Registered Bank Disclosure Statement (Off-Quarter—New Zealand Incorporated Registered Banks) Order 2011
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💰 Finance & Revenue20 June 2011
Banking regulations, Disclosure statement, Reserve Bank of New Zealand Act, Order in Council, Financial reporting group, Capital adequacy