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Financial Markets Conduct Act 2013

Governance of financial products - Governance of managed investment products - Change of manager

184: Application of sections 185 to 192

You could also call this:

"Rules for changing scheme managers apply to you if you manage a registered scheme"

Illustration for Financial Markets Conduct Act 2013

When you are looking at the rules for changing the manager of a scheme, sections 185 to 192 apply to you if you are the manager of a registered scheme that is not restricted. They also apply to each of the trustees of a restricted scheme, including the independent trustee. You can find more information about these rules in sections 185 to 192.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4091192.

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183: Deferred benefits, or

"Delaying your retirement money when you keep working past the expected retirement age"

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185: Removal of manager of registered scheme, or

"When a manager of a scheme is removed or stops being in charge"

Part 4Governance of financial products
Governance of managed investment products: Change of manager

184Application of sections 185 to 192

  1. Sections 185 to 192 apply to—

  2. the manager of a registered scheme (other than a restricted scheme); or
    1. each of the trustees of a restricted scheme (including, to avoid doubt, the independent trustee).