The Financial Markets Conduct Act 2013 applies to the Funding Agency as if it were a local authority. You can find out more about the Financial Markets Conduct Act 2013 by following the link. This means the Funding Agency has to follow the same rules as a local authority when it comes to financial markets conduct.
This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.
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=DLM3620722.
7: Funding Agency not a non-bank deposit taker, or
"The Funding Agency doesn't have to follow rules for non-bank deposit takers."
9: Exemption from prohibitions and restrictions applying to council-controlled trading organisations, or
"Special rules for councils helping their own companies with money"
The Financial Markets Conduct Act 2013 applies to the Funding Agency as if it were a local authority.
