✨ Banking Regulations
2364 NEW ZEALAND GAZETTE, No. 88 24 JUNE 2011
Part 3
Miscellaneous provisions
Length of first quarter accounting period or third quarter accounting period (as applicable)
21 Length of first quarter accounting period or third quarter accounting period (as applicable)
(1) This clause applies if an accounting period of a registered bank will be shorter or longer than 12 months as a result of—
(a) the date of registration of a company in terms of the Companies Act 1993; or
(b) a change in the balance date (as defined in section 7 of the Financial Reporting Act 1993) of a registered bank or company.
(2) If this clause applies, the Reserve Bank may, after consultation with the company or the registered bank, determine the length of any first quarter accounting period or third quarter accounting period (as applicable) for the shorter or longer accounting period.
Revocation
22 Revocation
(1) The Registered Bank Disclosure Statement (Off-Quarter—New Zealand Incorporated Registered Banks) Order 2008 is revoked at the end of the day of 29 June 2011.
(2) Despite the revocation of the Registered Bank Disclosure Statement (Off-Quarter—New Zealand Incorporated Registered Banks) Order 2008, a short form disclosure statement for an off-quarter balance date that occurs during the period that order is in force must be completed, and published, in accordance with that order.
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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, Supplemental information, Financial statements, Guarantee contracts