✨ Banking Regulations
2374 NEW ZEALAND GAZETTE, No. 88 24 JUNE 2011
immediately at no charge to any person requesting a copy if the request is made at the registered bank’s head office; and
(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 short form disclosure statement.
10 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.
11 Conditions of registration
(1) A copy of the conditions of registration that applied at the date on which the signing of the short form disclosure statement is completed.
(2) If applicable, a description of any changes to the conditions of registration that have occurred since the signing of the previous disclosure statement is completed, including the dates on which the changes occurred.
(3) A statement of the date on which the conditions of registration of the registered bank came into effect.
(4) If the registered bank has not complied with all conditions of registration over the first quarter accounting period or the third quarter accounting period (as applicable), a description of the nature and extent of each case of non-compliance.
12 Credit rating
If the registered bank is required, by a notice given to it under section 80 of the Act, to obtain or maintain a rating of its creditworthiness or financial condition by a person nominated or approved by the Reserve Bank, with respect to each rating obtained or maintained by the registered bank that complies with the notice given under section 80 of the Act, the following information:
(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:
(e) descriptions or explanations of all steps in the applicable rating scales.
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✨ 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, Auditor’s report
NZ Gazette 2011, No 88