✨ Financial Regulations
24 JUNE 2011 NEW ZEALAND GAZETTE, No. 88 2419
(4) To avoid doubt, the promulgated amendments referred to in subsection (3) do not need to be in force or to apply when this order commences to have effect after the commencement of this order.
Part 1
Form, frequency, publication, and auditing of disclosure statements
5 Disclosure statement
(1) The disclosure statement of a registered bank comprises—
(a) a key information summary; and
(b) a general disclosure statement; and
(c) a supplemental disclosure statement (if any).
(2) A requirement that applies to a disclosure statement applies to each of the documents referred to in subclause (1).
6 First disclosure statement
(1) The first disclosure statement required by this order for a registered bank that is a registered bank before or on 30 June 2011 is for the first balance date that occurs after 30 June 2011.
(2) The first disclosure statement required by this order for a registered bank that becomes a registered bank after 30 June 2011 is for the balance date determined by the Reserve Bank, which may be a date that is before or after the date on which the registered bank became a registered bank.
(3) If subclause (2) applies, a reference in this order to a balance date is to be read as if it were a reference to the balance date determined by the Reserve Bank.
7 Timing of first publication of first and subsequent disclosure statements
(1) A registered bank that is a registered bank before or on 30 June 2011 must first publish its key information summary, general disclosure statement, and its supplemental disclosure statement (if any), that are part of its first disclosure statement required by this order—
(a) in the manner specified in clause 8; and
(b) on the same date.
(2) The date referred to in subclause (1)(b) must be no later than 3 months after the first balance date that occurs on or after 30 June 2011 unless subclause (3) applies.
(3) A registered bank that becomes a registered bank after 30 June 2011 must first publish its key information summary, general disclosure statement, and its supplemental disclosure statement (if any), that are part of its first disclosure statement required by this order—
(a) in the manner specified in clause 8; and
(b) on the same date within the period specified by the Reserve Bank.
(4) A registered bank must first publish its key information summary, general disclosure statement, and supplemental
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NZ Gazette 2011, No 88
✨ LLM interpretation of page content
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Registered Bank Disclosure Statement Order 2011
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💰 Finance & RevenueFinancial regulation, Definitions, Capital, Disclosure statements, Banking terms, Asset classification