New Zealand Gazette – 2012 – No. 21

Page 567

✨ Financial Services Disclosures

24 FEBRUARY 2012 NEW ZEALAND GAZETTE, No. 21 567

6 Financial services provided to entities conducting activities specified in clause 3

A statement on whether or not over the accounting period financial services provided by any member of the registered bank’s banking group to entities that conduct the activities specified in clause 3(a) or (b), or on whose behalf the registered bank’s banking group conducts the activities specified in clause 3(c), have been provided on arms length terms and conditions and at fair value.

7 Assets purchased from entities conducting activities specified in clause 3

A statement on whether or not over the accounting period assets purchased by any member of the registered bank’s banking group from entities that conduct the activities specified in clause 3, or on whose behalf the registered bank’s banking group conducts the activities specified in clause 3(c), have been purchased on arms length terms and conditions and at fair value.

8 Funding provided to entities in aggregate and individually

(1) The information in subclauses (2) and (3) in respect of entities that conduct the activities specified in clause 3 or on whose behalf the registered bank’s banking group conducts the activities specified in clause 3(c).

(2) The peak end-of-day aggregate amount of funding the registered bank’s banking group has provided over the full year accounting period to all such entities, expressed as an amount and as a percentage of the registered bank’s banking group’s tier one capital.

(3) The peak end-of-day aggregate amount of funding the registered bank’s banking group has provided over the full year accounting period to each such entity individually, expressed as an amount and as a percentage of the amount of assets of the individual entity.

(4) The information that is required to be disclosed under this clause must include comparative figures for the previous corresponding period.

9 Method for deriving peak end-of-day amount of funding in aggregate and individually in clause 8

(1) For the purposes of clause 8 the peak end-of-day aggregate amount of funding provided to any entity involved in activities specified in clause 3, or on whose behalf the registered bank’s banking group conducts the activities specified in clause 3(c), includes funding provided by the purchase of securities issued by the entity.

Gazette.govt.nz — NZ Gazette 2012, No 21

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

💰 Financial services provided to entities conducting activities specified in clause 3 (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial services, Arms length terms, Fair value, Banking regulations

💰 Assets purchased from entities conducting activities specified in clause 3 (continued from previous page)

Domain💰 Finance & Revenue
KeywordsAssets purchase, Arms length terms, Fair value, Banking regulations

💰 Funding provided to entities in aggregate and individually (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFunding disclosure, Peak end-of-day amounts, Comparative figures, Banking regulations

💰 Method for deriving peak end-of-day amount of funding in aggregate and individually in clause 8 (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFunding calculation, Peak end-of-day amounts, Securities purchase, Banking regulations

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Additional Sources

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Gazette Extraordinary No. 1 (1840), held at the Alexander Turnbull Library, Wellington, New Zealand. Imaged by Luke Howison at the National Library reading rooms; PDF released into the public domain.

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