This part of the law used to talk about how the government would tell a reserve scheme that they might lose their appointment. A reserve scheme is a backup system for resolving disputes between financial service providers and their customers. The government had to give notice if they were thinking about taking away a reserve scheme's appointment for certain reasons. However, this part of the law doesn't apply anymore. It was removed on 1 July 2014, so you don't need to worry about it now.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1109591.
73: Revocation of appointment as reserve scheme, or
"When a backup plan for money help can be cancelled"
75: Objection to intended recommendation for revocation, or
"You used to be able to disagree if someone wanted to remove a financial service provider from a list, but this rule no longer exists."
