Financial Markets Conduct Act 2013

Disclosure of offers of financial products - Application

40: Sale offers that need disclosure

You could also call this:

"Telling investors about financial product sales when the law says you must"

When you offer financial products for sale, you need to tell the investor about it, but only if the rules in Part 2 of Schedule 1 say you have to. You have to follow these rules to make sure the investor has the information they need. If the rules do not require disclosure, then you do not have to tell the investor about the offer.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4090970.


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39: Issue offers that need disclosure, or

"Telling investors about financial products you are selling"


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41: Meaning of regulated offer and of regulated product, or

"What are regulated offers and products in finance?"

Part 3Disclosure of offers of financial products
Application

40Sale offers that need disclosure

  1. An offer of financial products for sale requires disclosure to an investor under this Part only if disclosure is required under Part 2 of Schedule 1.