When you deal with financial products on markets, you need to know about continuous disclosure provisions. These provisions require companies that are listed on a market to tell people about important events or matters as they happen. This is so that people who are involved in the market can have the information they need.
The companies must notify the market operator about the events or matters, and this information will then be made available to everyone involved in the market. You can find more information about this by looking at the relevant section of a previous law. This helps to keep everyone informed and up to date with what is happening in the market.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4091388.
270: Listed issuers must disclose in accordance with listing rules if continuous disclosure listing rules apply, or
"Companies listed on the market must share important information with the public according to the rules."
272: No contravention of continuous disclosure provisions by person who takes reasonable steps to ensure listed issuer complies, or
"You won't get in trouble if you try your best to help a company follow the rules."
In this Act, continuous disclosure provisions means provisions that require a listed issuer that is a party to a listing agreement with a licensed market operator to notify information about events or matters as they arise for the purpose of that information being made available to participants in the licensed market.
