✨ Banking Regulations
2366 NEW ZEALAND GAZETTE, No. 88 24 JUNE 2011
(a) the name of the person who gave the rating:
(b) the type of rating:
(c) the current rating and all qualifications to that rating:
(d) any change made to the rating in the 2 years immediately before the off-quarter balance date and the date on which the change occurred.
3A Government guarantees
(1) This clause applies if the registered bank has 1 or more government guarantees on the day its directors sign its short form disclosure statement.
(2) A registered bank must make the statements in this clause for each such guarantee.
(3) The following statement:
"[Name of registered bank] has a guarantee under [description of the guarantee – for example, ‘the New Zealand deposit guarantee scheme’]."
(4) Statements:
(a) on how to obtain information about the government guarantee, for example, via an Internet site maintained by or on behalf of a government guarantor; and
(b) to direct the reader to more information on the registered bank’s government guarantee in the registered bank’s general disclosure statement and, if applicable, its supplemental disclosure statement.
3B No New Zealand government deposit guarantee
(1) This clause applies if the registered bank does not have a guarantee under the New Zealand deposit guarantee scheme on the day its directors sign its short form disclosure statement.
(2) The following statement:
"[Name of registered bank] does not have a guarantee under the New Zealand deposit guarantee scheme as at [date]."
4 Profitability
The following information:
(a) the net profit or loss after tax over the first quarter accounting period or third quarter accounting period (as applicable), specifying the period and end date of the first quarter accounting period or third quarter accounting period (as applicable):
(b) the net profit or loss after tax over the 12 months ending on the current off-quarter balance date, expressed as a percentage of the average of total assets.
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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
(continued from previous page)
💰 Finance & Revenue20 June 2011
Banking regulations, Disclosure statement, Supplemental information, Financial statements, Guarantee contracts