✨ Financial Regulation
2424 NEW ZEALAND GAZETTE, No. 88 24 JUNE 2011
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 disclosure statement.
(4) The key information summary may contain additional information, to which the information required in Schedule 2 may refer by way of note, but only if that information is set out after the information required to be disclosed under that schedule.
(5) The information that is required to be disclosed under clauses 4 to 8 of Schedule 2 must include comparative figures for the previous corresponding period.
General disclosure statement
21 Information to be included in general disclosure statement
(1) The general disclosure statement of a registered bank must include, in respect of the most recent accounting period or interim accounting period (as applicable), all of the information prescribed in Schedules 3 to 8.
(2) Subclause (1) does not apply to the extent that the information prescribed by that subclause is included in the financial statements prepared in accordance with clauses 22 or 23.
22 Financial statements for accounting period
(1) The general disclosure statement for the accounting period must contain or be accompanied by financial statements of—
(a) the registered bank; and
(b) the banking group.
(2) The financial statements referred to in subclause (1) must be prepared in accordance with the requirements of the Financial Reporting Act 1993 as if—
(a) every reference in that Act to a group were a reference to the banking group; and
(b) the registered bank and the banking group do not qualify for any exemptions under any differential reporting framework that applies to them; and
(c) the registered bank and the banking group do not qualify for the reporting exemption provided by paragraph (a) of the definition of "financial institution" in paragraph E23 of NZ IFRS 7.
(3) The financial statements referred to in subclause (1) must be presented in New Zealand dollars.
23 Financial statements for interim accounting period
(1) Subject to subclause (4), the general disclosure statement for the interim accounting period must include or be accompanied by financial statements of—
(a) the registered bank; and
(b) the banking group.
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NZ Gazette 2011, No 88
✨ LLM interpretation of page content
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Registered Bank Disclosure Statement Order 2011
(continued from previous page)
💰 Finance & RevenueFinancial regulation, Disclosure statements, Banking terms, Publication requirements, Reserve Bank