Plain language law

New Zealand law explained for everyone

Financial Markets Authority Act 2011

Preliminary provisions

5: Act binds the Crown

You could also call this:

“The government must follow this law just like everyone else”

This law applies to the Crown. The Crown means the government of New Zealand. When a law binds the Crown, it means the government must follow the rules in that law, just like everyone else. This is part of a bigger law called the Financial Markets Authority Act 2011. It’s important because it shows that the government isn’t above this law and has to obey it too.

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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=DLM3231061.

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4: Interpretation, or

"Understanding key terms in the Financial Markets Authority Act"

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6: Financial Markets Authority established, or

"New government team created to watch over money matters"

Part 1 Preliminary provisions

5Act binds the Crown

  1. This Act binds the Crown.