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Financial Markets Conduct Act 2013

Disclosure of offers of financial products - Procedure for making regulated offers - Other provisions relating to lodging of PDS and other documents

73: Replacement PDS

You could also call this:

"Updating the main information document with a new version"

If you lodge a replacement PDS with the Registrar, it becomes the new PDS for anything that happens after it is lodged. You need to make sure the replacement PDS has a statement at the beginning saying it is a replacement, and it must identify the old PDS it is replacing. The replacement PDS must also have a date that is the same as or before the date it is lodged with the Registrar.

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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=DLM4091021.

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72: Supplementary document, or

"Extra information that adds to the main document about a financial product"

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74: Registrar must notify FMA of lodgement of supplementary document or replacement PDS, or

"Registrar must tell the FMA when you add or replace important documents"

Part 3Disclosure of offers of financial products
Procedure for making regulated offers: Other provisions relating to lodging of PDS and other documents

73Replacement PDS

  1. If a replacement PDS is lodged with the Registrar, the PDS is taken to be the replacement PDS for the purposes of the application of this Act or the regulations to events that occur after the lodgement.

  2. The issuer must ensure that, at the beginning of a replacement PDS, there is—

  3. a statement that it is a replacement PDS; and
    1. an identification of the PDS that it replaces.

      1. The replacement PDS must be dated not later than the date on which it is lodged with the Registrar.

      Notes
      • Section 73(3): replaced, on , by section 95 of the Regulatory Systems (Economic Development) Amendment Act 2025 (2025 No 11).