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Financial Service Providers (Registration and Dispute Resolution) Act 2008

Dispute resolution - Reserve scheme

71: Reserve scheme

You could also call this:

"The rule about a backup plan for financial services was removed"

This law is no longer in effect. It was part of the Financial Service Providers (Registration and Dispute Resolution) Act 2008 and was called 'Reserve scheme'. The government removed this section on 1 July 2014. This means that whatever rules or processes it used to describe are not used anymore.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1109587.

Topics:
Money and consumer rights > Banking and loans
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70: Annual report and information requested by Minister to be publicly available, or

"The public can see reports about how complaints are handled"

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72: Appointment of reserve scheme, or

"The rule about having a backup plan for solving money problems is no longer used"

Part 3Dispute resolution
Reserve scheme

71Reserve scheme (Repealed)

    Notes
    • Section 71: repealed, on , by section 39 of the Financial Service Providers (Registration and Dispute Resolution) Amendment Act 2014 (2014 No 34).