ANAND SATYANAND, Governor-General
Order in Council
At Wellington this 16th day of May 2011
Present:
His Excellency the Governor-General in Council
Pursuant to section 81 of the Reserve Bank of New Zealand Act 1989, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council and on the advice of the Minister of Finance given in accordance with a recommendation of the Reserve Bank of New Zealand, makes the following Order.
Contents
1 Title 1516
2 Commencement 1516
3 Principal order amended 1516
4 Change in spelling in clause 9 1516
5 Clarification in clause 19 1516
6 Clarifications in Schedule 2 1516
7 Clarification in Schedule 3 1516
8 Correction in Schedule 3 1516
9 Minor correction in Schedule 9 1516
10 Clarifications in Schedule 9 1516
11 Clarifications in Schedule 11 1516
12 Clarifications in Schedule 13 1517
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Order
1 Title
This order is the Registered Bank Disclosure Statements (Overseas Incorporated Registered Banks) Order 2011 Amendment (Minor Remedial Matters) Order 2011.
2 Commencement
This order comes into force on the day after it is published in the Gazette.
3 Principal order amended
This order amends the Registered Bank Disclosure Statements (Overseas Incorporated Registered Banks) Order 2011.
4 Change in spelling in clause 9
In clause 9(2)(a), replace "publically" with "publicly".
5 Clarification in clause 19
In clause 19, replace "whether" with "whether or not".
6 Clarifications in Schedule 2
In clause 4(c), in clause 12(4)(b) and (c) and in clause 19(1) and (2) of Schedule 2, replace "whether" with "whether or not".
7 Clarification in Schedule 3
In clause 14(1) and (2) of Schedule 3, replace "whether" with "whether or not".
8 Correction in Schedule 3
In clause 14(2)(b) of Schedule 3, replace "the registered bank and its banking group" with "the registered bank's banking group".
9 Minor correction in Schedule 9
In clause 3(1)(b) of Schedule 9, replace "Capital Adequacy Framework (The Standardised Approach) (BS2A)" with "Capital Adequacy Framework (Standardised Approach) (BS2A)".
10 Clarifications in Schedule 9
In clause 8(a) and (b) of Schedule 9, replace "whether" with "whether or not".
11 Clarifications in Schedule 11
In clause 2(b)(ii)(B) and in clause 6 of Schedule 11, replace "whether" with "whether or not".
12 Clarifications in Schedule 13
In clause 3(b) and in clause 4(2)(c) of Schedule 13, replace "whether" with "whether or not".
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REBECCA KITTERIDGE, for Clerk of the Executive Council.
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Explanatory note
This note is not part of the order, but is intended to indicate its general effect.
This order comes into force on the day after it is published in the Gazette.
It amends the Registered Bank Disclosure Statements (Overseas Incorporated Registered Banks) Order 2011 to make a correction to Schedule 3 of that order as well as a series of minor, largely typographical, errors. Similar changes are made to the Registered Bank Disclosure Statements (New Zealand Incorporated Registered Banks) Order 2011 by the Registered Bank Disclosure Statements (New Zealand Incorporated Registered Banks) Order 2011 Amendment (Minor Remedial Matters) Order 2011.
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This order is administered by the Reserve Bank of New Zealand