Building Societies Act 1965

Register of building societies

121B: Registration of documents

You could also call this:

“How documents are registered and what it means”

When you send a document to be registered under this Act, the Registrar will usually register it in the register. The Registrar will then let you know in writing that it has been registered. However, they won’t send you a written notice if you’re submitting an annual return or financial statements and reports.

Sometimes, the Registrar might not register your document. This could happen if they’re not sure that all the registration conditions have been met, or if a specific rule (section 121C) applies.

It’s important to know that just because a document is registered, it doesn’t mean it’s definitely valid or that all the information in it is correct. The same is true if the Registrar refuses to register a document - it doesn’t automatically mean the document is invalid or incorrect.

In this section, a ‘registration condition’ means something that the Registrar needs to be sure about before they can register a document under this Act.

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 It might be out of date or be missing some parts.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=DLM1001205.


Previous

121A: Register of building societies, or

"List of all building societies in New Zealand that anyone can look at"


Next

121C: Registrar may require document to be registrable or otherwise comply before registration, or

"Registrar can ask for changes to documents before adding them to building society records"

Part 8A Register of building societies

121BRegistration of documents

  1. On receipt of a document for registration under this Act, the Registrar must (unless section 121C applies or he or she is not satisfied that any registration condition is met)—

  2. register the document in the register; and
    1. give written advice of the registration to the person from whom the document was received (except in the case of an annual return or the financial statements and reports referred to in section 96(1)).
      1. Neither registration nor refusal of registration of a document by the Registrar affects, or creates a presumption as to, the validity or invalidity of the document or the correctness or otherwise of the information contained in it.

      2. In this section, a registration condition for a document is a matter of which the Registrar must be satisfied under this Act before registering that document.

      Notes
      • Section 121B: inserted, on , by section 6 of the Building Societies Amendment Act 2007 (2007 No 43).
      • Section 121B(1)(b): amended, on , by section 13 of the Financial Reporting (Amendments to Other Enactments) Act 2013 (2013 No 102).