This part of the law is about the Financial Markets Authority (FMA) creating rules for specific technical things. The FMA makes these rules to help with detailed matters, not big general ideas. You can think of it like a guide that explains how to do something step by step.
When the FMA issues a notice, it only applies in certain situations, which are explained in this law or in regulations. To understand how this works, you can look at section 554 for more information. This helps make sure the notice is used correctly and only when it is supposed to be used.
The FMA's rules and notices are important because they help people understand what they need to do in certain situations. You can find more details about how this works by reading the rest of the law and the regulations that go with it.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4090503.
1: Title, or
"A law to help control money and investments in New Zealand"
The Parliamentary Counsel Office has made editorial and format changes to this version using the powers under subpart 2 of Part 3 of the Legislation Act 2019.
Note 4 at the end of this version provides a list of the amendments included in it.
This Act is administered by the Ministry of Business, Innovation, and Employment.
