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Takeovers Act 1993

Investigation and enforcement - Offences - False or misleading statement or information

44D: Exception for disclosure by investment advisers or brokers

You could also call this:

"When investment helpers don't have to share secret information"

Illustration for Takeovers Act 1993

You need to know about a rule called 'Exception for disclosure by investment advisers or brokers'. This rule is part of the Takeovers Act 1993. It was repealed on 1 July 2011 by the Financial Advisers Amendment Act 2010, which can be found on the https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM2607873 website.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM326394.

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Topics:
Money and consumer rights > Banking and loansBusiness > Industry rules
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44C: Criminal liability for false or misleading statement or information, or

"Telling lies can be a crime"

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44E: Fair Trading Act 1986 excluded, or

"Takeovers are exempt from the Fair Trading Act 1986 rules"

Part 3Investigation and enforcement
Offences: False or misleading statement or information

44DException for disclosure by investment advisers or brokers (Repealed)

    Notes
    • Section 44D: repealed, on , by section 50 of the Financial Advisers Amendment Act 2010 (2010 No 40).