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Financial Markets Authority Act 2011

Schedule 4: Amendments to replace references to Securities Commission or Government Actuary

You could also call this:

“Changes to laws: replacing old names with Financial Markets Authority”

This schedule lists changes to replace references to the Securities Commission or Government Actuary with the Financial Markets Authority (FMA) in various laws and regulations. The changes affect several important Acts and regulations related to financial services, securities, and superannuation.

In some Acts and regulations, the full name “Securities Commission” is replaced with “Financial Markets Authority”. In others, “Commission” is replaced with “FMA”. The term “Commission’s” is also changed to “FMA’s” in some Acts. These changes apply to laws about financial advisers, securities markets, and other financial matters.

The schedule also shows where “Government Actuary” is replaced with “FMA”. This affects laws about financial services, human rights, income tax, KiwiSaver, superannuation schemes, and tax administration. Similar changes are made in related regulations. These updates ensure that the FMA is now recognised as the responsible authority in these areas.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM3232409.

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Schedule 3: Amendments to other enactments, or

"Changes to other laws and rules because of the new money watchdog law"

4Amendments to replace references to Securities Commission or Government Actuary Empowered by ss 84, 85

Replacing Securities Commission with Financial Markets Authority in Acts

  • Financial Service Providers (Registration and Dispute Resolution) Act 2008 (2008 No 97)
  • Securities Transfer Act 1991 (1991 No 119)

Replacing Securities Commission with Financial Markets Authority in regulations

  • Financial Reporting (Fees and Forms) Regulations 2007 (SR 2007/109)
  • Securities Act (Contributory Mortgage) Regulations 1988 (SR 1988/143)
  • Securities Markets (Market Manipulation) Regulations 2007 (SR 2007/373)
  • Securities Markets (Substantial Security Holders) Regulations 2007 (SR 2007/372)
  • Securities (Mutual Recognition of Securities Offerings—Australia) Regulations 2008 (SR 2008/153)

Replacing Commission with FMA in Acts

  • Financial Advisers Act 2008 (2008 No 91)
  • Reserve Bank of New Zealand Act 1989 (1989 No 157)
  • Securities Act 1978 (1978 No 103)
  • Securities Markets Act 1988 (1988 No 234)

Replacing Commission with FMA in regulations

  • Futures Industry (Client Funds) Regulations 1990 (SR 1990/227)
  • Securities Markets (Fees) Regulations 2003 (SR 2003/383)
  • Securities (Mutual Recognition of Securities Offerings—Australia) Regulations 2008 (SR 2008/153)
  • Securities Regulations 2009 (SR 2009/230)

Replacing Commission's with FMA's in Acts

  • Financial Advisers Act 2008 (2008 No 91)
  • Securities Act 1978 (1978 No 103)
  • Securities Markets Act 1988 (1988 No 234)

Replacing Government Actuary with FMA in Acts

  • Financial Service Providers (Registration and Dispute Resolution) Act 2008 (2008 No 97)
  • Human Rights Act 1993 (1993 No 82)
  • Income Tax Act 2007 (2007 No 97)
  • KiwiSaver Act 2006 (2006 No 40)
  • Superannuation Schemes Act 1989 (1989 No 10)
  • Tax Administration Act 1994 (1994 No 166)

Replacing Government Actuary with FMA in regulations

  • KiwiSaver Regulations 2006 (SR 2006/358)
  • Securities Regulations 2009 (SR 2009/230)
  • Superannuation Schemes (Fees) Regulations 1992 (SR 1992/284)