New Zealand Gazette – 2013 – No. 121

Page 3329

✨ Financial Regulation Definitions



30 AUGUST 2013 NEW ZEALAND GAZETTE, No. 121 3329

(2) Balance date means—

(a) in subclause (1), the balance date of the registered bank under section 7 of the Financial Reporting Act 1993; or

(b) for a first disclosure statement, the date determined by the Reserve Bank.

(3) A half year accounting period—

(a) if subclause (1)(a) applies, is the first 6 month period of a full year accounting period; or

(b) if subclause (1)(b) applies, is the period determined by the Reserve Bank under subclause (8).

(4) A first quarter accounting period—

(a) if subclause (1)(a) applies, is the first 3 month period of a full year accounting period; or

(b) if subclause (1)(b) applies, is the period determined by the Reserve Bank under subclause (8).

(5) A third quarter accounting period—

(a) if subclause (1)(a) applies, is the first 9 month period of a full year accounting period; or

(b) if subclause (1)(b) applies, is the period determined by the Reserve Bank under subclause (8).

(6) A fourth quarter accounting period is the period determined by the Reserve Bank under subclause (8) but occurs only if—

(a) subclause (1)(b) applies and the full year accounting period is 14 months or more; and

(b) after consultation with the registered bank, the Reserve Bank requires a fourth quarter accounting period.

(7) An off quarter accounting period is—

(a) a first quarter accounting period;

(b) a third quarter accounting period; or

(c) a fourth quarter accounting period.

(8) If subclause (1)(b) applies, the Reserve Bank may, after consultation with the registered bank, determine the length of any of the half year or off quarter accounting periods in the longer or shorter full year accounting period.

Part 1

General requirements for disclosure statements

6 (1) A disclosure statement may be—

(a) a full year disclosure statement;

(b) a half year disclosure statement;

(c) an off quarter disclosure statement, which may be—

(i) a first quarter disclosure statement;

(ii) a third quarter disclosure statement; or

(iii) if applicable, a fourth quarter disclosure statement; or

(d) a first disclosure statement.

(2) Subject to subclause (5), a registered bank must produce—

(a) a full year disclosure statement for each full year accounting period;

(b) a half year disclosure statement for each half year accounting period;



Next Page →



Online Sources for this page:

Gazette.govt.nz — PDF NZ Gazette 2013, No 121




✨ LLM interpretation of page content

💰 Definitions for Registered Bank Disclosure Statements (Overseas Incorporated Registered Banks) Order (No 2) 2013 (continued from previous page)

💰 Finance & Revenue
26 August 2013
Definitions, Financial regulation, Registered banks, Disclosure statements, Reserve Bank, Overseas banks

💰 General Requirements for Disclosure Statements

💰 Finance & Revenue
Disclosure statements, Full year, Half year, Off quarter, First disclosure, Registered banks