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Financial Markets Conduct Act 2013

Dealing in financial products on markets - Purposes, overview, and interpretation

229: Additional purposes of Part

You could also call this:

"What else this part of the law is trying to achieve for financial markets in New Zealand"

Illustration for Financial Markets Conduct Act 2013

This Part of the law has extra purposes for financial product markets. It aims to make these markets fair, orderly, and easy to understand. You can find the main purposes in sections 3 and 4.

This Part also wants to help create different types of financial product markets. This is so that people who issue and invest in financial products have options that suit their needs. It is in addition to what is said in sections 3 and 4.

This section does not change what is said in section 3 or 4. These sections still apply as they are. You can still look at sections 3 and 4 to understand the main purposes.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4091281.

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Money and consumer rights > Banking and loansBusiness > Industry rulesBusiness > Fair trading
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228: Part 4 governance provisions, or

"Rules for managing money and investments"

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230: Overview, or

"A guide to the rules for buying and selling financial products in New Zealand"

Part 5Dealing in financial products on markets
Purposes, overview, and interpretation

229Additional purposes of Part

  1. This Part has the following purposes for financial product markets (in addition to those set out in sections 3 and 4):

  2. to promote fair, orderly, and transparent financial product markets:
    1. to encourage a diversity of financial product markets to take account of the differing needs and objectives of issuers and investors.

      1. This section does not limit section 3 or 4.