β¨ Banking Regulation
488 NEW ZEALAND GAZETTE, No. 21 21 FEBRUARY 2014
(a) housing loans;
(b) residential mortgages; or
(c) retail mortgages.
(3) In providing the reconciliation table required by subclause (2), the bank must explain any differences between the numbers, including, if applicable, but not limited to, the following explanations:
(a) whether an amount includes lending for the purpose of investment in residential property or only covers owner-occupied housing;
(b) whether or not an amount includes any corporate lending secured on residential mortgages; and
(c) whether an amount only includes drawn-down loan balances or also includes undrawn lending commitments.
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β¨ LLM interpretation of page content
π°
Registered Bank Disclosure Statements Order 2014
(continued from previous page)
π° Finance & RevenueBanking, Financial Regulation, Disclosure Statements, Financial Statements, Directors' Statements, Credit Risk, Interest Rate Sensitivity, Liquidity Risk, Mortgage Reconciliation
NZ Gazette 2014, No 21