✨ Banking Regulations
24 JUNE 2011 NEW ZEALAND GAZETTE, No. 88 2477
(aa) if the registered bank has a government guarantee that is provided by means of a contract, a copy of the guarantee contract:
(b) if the general short form disclosure statement states that a person has entered into a material cross guaranteeing arrangement with the overseas bank, a copy of the full guarantee contract if—
(i) there is a single contract that sets out the rights and obligations of all the cross guarantors; or
(ii) there is a standard contract which is representative of the rights and obligations of each of the cross guarantors:
(c) a copy of the most recent publicly available financial statements of the overseas bank and overseas banking group:
(d) if the overseas bank carries on in New Zealand any insurance business that is outside the banking group, a copy of the most recent publicly available financial statements and group financial statements of that insurance business:
(e) if the overseas bank carries on in New Zealand any non-financial activities that are outside the banking group, a copy of the most recent publicly available financial statements and group financial statements of those non-financial activities:
(f) any additional information or explanations required to ensure the supplemental disclosure statement is not false or misleading.
(2) Subclause (1) does not apply to the extent that the matters required under that subclause are included in the general short form disclosure statement.
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.
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NZ Gazette 2011, No 88
✨ LLM interpretation of page content
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Content requirements for short form disclosure statements
(continued from previous page)
💰 Finance & RevenueBanking regulations, Disclosure statement, Information requirements, Comparative information, Shareholder disclosure
💰 Miscellaneous provisions for banking regulations
💰 Finance & RevenueBanking regulations, Accounting periods, Financial reporting, Reserve Bank