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Financial Markets Conduct Act 2013

Disclosure of offers of financial products - Advertising

90: Distribution of PDS or registered documents

You could also call this:

"Sharing important documents with people, like Product Disclosure Statements, in a way that's allowed by law"

You can give people a Product Disclosure Statement (PDS) or a copy of a registered document without breaking the rules in section 89 if you follow some conditions. You must have already given the PDS to the Registrar. You can also give people a copy of a part of the register entry or a document from the register entry.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4091054.

Topics:
Money and consumer rights > Banking and loansMoney and consumer rights > Consumer protectionBusiness > Industry rulesBusiness > Fair trading
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89: Advertising for regulated offers, or

"Rules for advertising financial products in a fair and honest way"

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91: Advertising before PDS lodged, or

"Advertising a financial product before paperwork is complete: what you can and can't say"

Part 3Disclosure of offers of financial products
Advertising

90Distribution of PDS or registered documents

  1. A person may distribute either of the following without contravening section 89:

  2. a PDS that has been lodged with the Registrar:
    1. a copy of any part of the register entry or of any document that is contained in the register entry.