This part of the law used to talk about a fee that was used to pay for something called a reserve scheme. However, this part of the law was removed on 1 July 2010. This means it no longer applies and you don't need to worry about it 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=DLM1109594.
76: Duty to co-operate and communicate information in certain circumstances, or
"Sharing information when setting up a backup plan for financial services (no longer applies)"
78: Publication of details relating to approved dispute resolution schemes, or
"Information about dispute resolution schemes must be made public"
