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Financial Markets Authority Act 2011

Miscellaneous provisions - Amendments to other enactments

84: Amendments consequential on replacement of Commission by FMA

You could also call this:

“Changes to laws and rules when the Securities Commission became the Financial Markets Authority”

This part of the law talks about changing some words in different laws and rules. You’ll see these changes in Schedule 4 of the Financial Markets Authority Act 2011.

In the first part of Schedule 4, they’re replacing the words “Securities Commission” with “Financial Markets Authority” in some laws.

In the second part of Schedule 4, they’re doing the same thing in some rules.

In the third part of Schedule 4, they’re changing the word “Commission” to “FMA” in some laws.

In the fourth part of Schedule 4, they’re also changing “Commission” to “FMA”, but this time in some rules.

In the fifth part of Schedule 4, they’re changing “Commission’s” to “FMA’s” in some laws.

These changes are happening because the Securities Commission is being replaced by the Financial Markets Authority (FMA). This means that wherever these old words appear in the laws and rules listed in Schedule 4, they will be updated with the new words.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM3231794.

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Part 4 Miscellaneous provisions
Amendments to other enactments

84Amendments consequential on replacement of Commission by FMA

  1. The provisions of the Acts specified in Part 1 of Schedule 4 are amended by omitting Securities Commission in each place where it appears and substituting in each case Financial Markets Authority.

  2. The provisions of the regulations specified in Part 2 of Schedule 4 are amended by omitting Securities Commission in each place where it appears and substituting in each case Financial Markets Authority.

  3. The provisions of the Acts specified in Part 3 of Schedule 4 are amended by omitting Commission in each place where it appears and substituting in each case FMA.

  4. The provisions of the regulations specified in Part 4 of Schedule 4 are amended by omitting Commission in each place where it appears and substituting in each case FMA.

  5. The provisions of the Acts specified in Part 5 of Schedule 4 are amended by omitting Commission's in each place where it appears and substituting in each case FMA's.

Notes